Luminar Technologies initiated another round of layoffs amidst financial difficulties and restructuring efforts, following the resignation of CEO Austin Russell after an ethics inquiry. The company ...

Shares of Luminar Technologies (LAZR) saw increased retail buzz on Wednesday after it issued its first-quarter 2025 earnings report, which resulted in a stock decline during after-hours trading.

Russell will be succeeded on May 21 by Paul Ricci, the longtime CEO of artificial intelligence (AI) speech company Nuance Communications. (Nuance was acquired by Microsoft in 2022.) Thomas Fennimore, ...

Luminar Technologies Inc. stock dropped more ... Reuters reported Tuesday that Intel Corp.’s INTC autonomous-driving division plans to develop its own sensors that would potentially cost less ...

--(BUSINESS WIRE)--Luminar Technologies ... Prior to joining Nuance in 2000, Ricci spent more than a decade at Xerox Corporation, where he served as a division president. He began his career ...

Luminar's stock continues to fall, driven by large losses, a weak balance sheet, and uncertainty regarding the timing of an expected growth inflection. The company also faces intense competition ...

Luminar's Q2 results show the delayed path to mass production with Volvo, reducing revenue forecast from $250M to $74M in 12 months. The company's financial situation remains dire, with negative ...

This put 20.48% of the company's publicly available shares short. Short interest in Luminar Technologies Corp (XNAS:LAZR) decreased during the last reporting period, falling from 280.30M to 275.20M.

Luminar Neo, an award-winning AI photo editing software subsidiary of Skylum, has collaborated with FUJIFILM North America Corporation’s Electronic Imaging Division for an experiential new ...