Rio Tinto completes rollout of world-first autonomous iron ore rail operation

Rio Tinto has completed the rollout of its automated rail network in the Pilbara, Western Australia, which is the first heavy-haul, long distance autonomous rail operation in the world. The $940 million rail project, titled AutoHaul, focuses on automating trains to transport iron between Rio Tinto’s various port facilities in …

A.I. could spur global growth as much as the steam engine did, study shows

Artificial intelligence could contribute an additional 1.2 percent to annual gross domestic product growth for at least the next decade, according to a simulation from McKinsey Global Institute. Overall, AI could deliver $13 trillion in additional global economic activity by 2030, putting its contributions to growth on par with the …