Elon Musk is considering a baffling merger between his space company, SpaceX, and his AI startup, xAI. This comes as he reportedly eyes taking SpaceX public at a staggering $1.5 trillion valuation in June. The rationale seems tied to building AI data centers in orbit, an idea other tech giants are a
NEC has unveiled a new power amplifier module for 5G base station radios. The tiny 10mm x 6mm component uses GaN tech to achieve 50% power-added efficiency, promising a 10% reduction in a radio unit’s overall power consumption. It’s slated for integration into new base stations in the first half of
A new report warns that hacktivist cyberattacks on manufacturers are growing more dangerous. These groups aim to stop production and manipulate physical processes, not just steal data or money.
Tesla is ending production of its flagship Model S and X vehicles. CEO Elon Musk says the Fremont factory will be retooled to build the Optimus humanoid robot instead, a massive pivot for the struggling automaker.
Lloyds Banking Group is putting a concrete number on AI’s value, forecasting a £100 million benefit this year. The bank already has 50 generative AI use cases in production, which helped boost profit by £50 million in 2023. It’s using the tech to automate everything from complaints to coding.
University of Michigan professor Erik Gordon warns that the AI investment bubble is “almost as big as the planet Jupiter.” He points to Microsoft’s recent 6% stock drop as a warning sign of the catastrophic fallout to come.
Sebastiaan de With, the co-founder behind the acclaimed Halide camera app for iPhone, is heading back to Apple. This move comes as Apple’s design division sees significant shifts, including the departure of its UI design chief to Meta.
When you ask Google a health question, its new AI summary is more likely to cite a YouTube video than a hospital or medical journal. Researchers say this shows the system prioritizes popularity over proven authority, a risky move for medical info.
ServiceNow’s latest earnings show the company is accelerating, with AI product Now Assist surpassing $600 million in annual contract value. CFO Gina Mastantuono credits AI for driving both customer value and internal efficiencies, including $100 million in savings from reduced headcount growth.
Robinhood CEO Vlad Tenev is pointing to the January 2021 GameStop trading halt as a reason to adopt tokenized stocks. He argues blockchain-based equities could enable faster settlement and prevent such freezes during extreme volatility.
