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AutoConverse · Mar 22, 2023

MTC Show - Bank Runs, Self-Driving Cars, and AI Chat to Go for a Ride

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Plus 7 other mobility tech and connectivity news developments and headlines

The MTC Show

Over the last two weeks since our previous show, Silicon Valley Bank stole the headlines with its bank run on March 8 and ensuing takeover by the Fed after announcing a $1.75bn capital raising. The need for cash was reported to be to cover losses with bond investments, estimated to be in the area of $21bn. Analysts say the losses were a direct result of…

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