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No One Knows Anything About AI

I want to present you with two narratives about AI. Both of them are about using this technology to automate computer programming, but they point toward two very different conclusions. The first narrative notes that Large Language Models (LLMs) are exceptionally well-suited for coding because source code, at its core, is just very well-structured text, which is exactly what these models excel at generating. Because of this tight match between need and capability, the programming industry is ser

Elon Musk Warns That Tesla Board Could Fire Him "If I Go Crazy"

As widely expected, Tesla's latest business fundamentals are not looking good. During the company's second-quarter earnings call on Wednesday, Tesla reported a whopping 16 percent decline in automotive revenue, its biggest drop in over a decade. There are no two ways about it: Tesla is in a full-blown crisis under Musk's leadership. The mercurial CEO has massively tarnished the company's brand, leading to plummeting sales. At some level, even Musk seems to get it. The richest man in the world

Samsung backs a video AI startup that can analyze thousands of hours of footage

Many AI tools can look at a video today and summarize what is going on, but things become a bit tricky when you ask models questions about multiple videos and footage spanning many hours. This is a big limitation for security companies that want to use AI to scrub through thousands of hours of footage from different cameras, as well as marketing companies that want to study different video campaigns and product shoots. Memories.ai wants to tackle that problem with its AI platform that can proc

OpenAI Is Quietly Trying to Get More Money as It Burns Through Cash at a Staggering Pace

Despite raising over $60 billion in venture capital, OpenAI seems to be burning through cash faster than it can raise it. Mere months after wrapping up a $40 billion funding round, the AI company is now said to be reopening the books in search of more money, according to Wired. Investors both new and old are now being asked — again — to consider pouring funds into the company, two unnamed sources told Wired. That last round, which was said to be closed on March 31st, sent OpenAI's valuation to

Yet another bad three months as Tesla reports its Q2 2025 results

Tesla posted its financial results for the second quarter of 2025 this afternoon. The numbers show yet another bad three months for the automaker. As competition in the EV marketplace has exploded, Tesla has increasingly been left behind, with a small and aging model lineup, before we even contemplate how CEO Elon Musk has tarnished what was once the hottest brand in the car world. Earlier this month, we learned that sales dropped by 13 percent year over year in Q2 2025; today, the financials sh

OpenAI Is Quietly Trying to Get More Money as It Burns Through Resources at a Staggering Pace

Despite raising over $60 billion in venture capital, OpenAI seems to be burning through cash faster than it can raise it. Mere months after wrapping up a $40 billion funding round, the AI company is now said to be reopening the books in search of more money, according to Wired. Investors both new and old are now being asked — again — to consider pouring funds into the company, two unnamed sources told Wired. That last round, which was said to be closed on March 31st, sent OpenAI's valuation to

UnitedHealth says it is facing DOJ investigation over Medicare billing practices

UnitedHealth Group revealed Thursday it is facing a Department of Justice investigation over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation's largest and most powerful private insurer. In a securities filing, the company said it has started complying with formal criminal and civil requests from the DOJ, and that it reached out to the department after reports of the probes surfaced. UnitedHealth also said it has launched a third-party review of

Google’s AI Master Plan in One Number

Alphabet, the parent company of Google, delivered a standout quarterly report on Wednesday, with robust growth across Search, YouTube, and Cloud. But buried beneath the strong revenues was a number that tells a much bigger story about the future of technology: $85 billion. That is Google’s new budget for capital expenditures this year, a stunning $10 billion increase from its previous February’s forecast. This colossal sum is being poured into the physical foundations of artificial intelligence

Amazon venture fund backs startup developing fix for return fraud

Packages ride on a conveyor belt during Cyber Monday at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. The company has just closed a $12 million seed financing, led by venture firm Felicis, with participation from Amazon's $1 billion Industrial Innovation Fund and other investors. Cambridge Terahertz, a Sunnyvale, California-based startup, has developed a 3D imaging system that can see inside unopened packages, enabling retailers to more easily and quickly spot cases of

Sony bought a chunk of Bandai Namco to boost anime fan community engagement

Sony has entered into a "strategic business alliance" with Bandai Namco holdings, acquiring about 2.5 percent of the Japanese media conglomorate and gaming publisher with a 68 billion yen ($465 million) investment, the companies announced. The aim, Sony said, is to expand the fan community "for IP such as anime and manga around the world and strengthen... engagement, particularly in the anime field where rapid market growth is anticipated." The companies noted that they have historically collab

What role should oil and gas companies play in climate tech?

Standing on top of a drilling rig in the backyard of Nabors’s headquarters, I couldn’t stop thinking about the role oil and gas companies are playing in the energy transition. This industry has resources and energy expertise—but also a vested interest in fossil fuels. Can it really be part of addressing climate change? The relationship between Quaise and Nabors is one that we see increasingly often in climate tech—a startup partnering up with an established company in a similar field. (Another

Bandai Asks Japanese Politicians to Not Dress Up as ‘Gundam’ Characters to Campaign

Sure, America occasionally has a “The White House is photoshopping the president’s head onto Superman posters” problem, but it turns out plenty of other countries also have a bit of an issue with politicians leveraging pop culture cosplaying for political gain. It’s just that those other countries will have studios telling them to quit it. Earlier this week, Japanese politician Taro Yamamoto, the founder of the left-populist political party Reiwa Shinsengumi, went viral on social media for reco

New Speed Test Results Reveal AT&T Fiber as the Fastest Internet Provider in the US

There's been a lot of talk about internet speed lately. From various company taglines -- "Don't take slow for an answer" -- to the latest news about Japan's internet data transmission record, it's all about the speed. Today, Ookla released its Speedtest Connectivity Report for the first six months of 2025, and AT&T Fiber topped the list as the country's fastest fixed internet service provider. (Ookla is owned by the same parent company as CNET, Ziff Davis.) What does that mean? Does it tell us

Yet another bad three months as Tesla reports its Q2 2025 results

Tesla posted its financial results for the second quarter of 2025 this afternoon. The numbers show yet another bad three months for the automaker. As competition in the EV marketplace has exploded, Tesla has increasingly been left behind, with a small and aging model lineup, before we even contemplate how CEO Elon Musk has tarnished what was once the hottest brand in the car world. Earlier this month, we learned that sales dropped by 13 percent year over year in Q2 2025; today, the financials sh

Trump Says He’s ‘Getting Rid of Woke’ and Dismisses Copyright Concerns in AI Policy Speech

President Trump announced that the United States’ stance on intellectual property and AI would be a “commonsense application” that does not force AI companies to pay for each piece of copyrighted material used in training frontier models. “You can't be expected to have a successful AI program when every single article, book, or anything else that you've read or studied, you're supposed to pay for,” Trump said. “We appreciate that, but just can't do it— because it's not doable.” The president al

Trump Says He's 'Getting Rid of Woke' and Dismisses Copyright Concerns in AI Policy Speech

President Trump announced that the United States’ stance on intellectual property and AI would be a “commonsense application” that does not force AI companies to pay for each piece of copyrighted material used in training frontier models. “You can't be expected to have a successful AI program when every single article, book, or anything else that you've read or studied, you're supposed to pay for,” Trump said. “We appreciate that, but just can't do it— because it's not doable.” The president al

Undeterred by limits, Elon Musk plots a big robotaxi expansion

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla wants to bring its robotaxi service to new markets, including cities in Florida, Nevada, Arizona, and California, Elon Musk said in an earnings call Wednesday. The company is testing its Full Self-Driving (Supervised) feature in Europe and China, and hopes the launch the controversial product in the near future. And i

‘Panty & Stocking’ Just Did Its Own ‘Mandalorian’ Spoof

Despite it being over 14 years since anime fans first saw the series, Trigger, the studio behind Cyberpunk: Edgerunners, has reignited the cult classic raunchy New Panty & Stocking with Gartebelt without missing a beat, comedic or otherwise. Much of the Prime Video series’ side-splitting success is owed to its sharp timing with a volley of pop culture references. Its third episode is particularly packed with references, poking fun at popular shows like The Mandalorian. In the third episode of P

Alphabet beats earnings expectations, raises spending forecast

Google CEO Sundar Pichai gestures to the crowd during Google's annual I/O developers conference in Mountain View, California on May 20, 2025. Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025. Shares of the company were up slightly in after hours trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Revenue: $96.43 billion vs. $94 bill

Tesla reports sales miss as auto revenue drops for second straight quarter

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Tesla's slump this year is partly due to a backlash against the company in the U.S. and Europe, after CEO Elon Musk spent heavily to help reelect President Donald Trump , endorsed Germany's extreme anti-immigrant AfD party, and then led the Trump administration's Department of Government Efficiency. At DOGE, Musk helped to slash the federal workforce

Texas Instruments stock falls 13% as CEO warns of tariff concerns

The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. Texas Instruments shares plunged 13% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks. The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per share. That fell short of an LSEG estimate of $1.50. Texas Instruments anticipates revenue between $4.45 billion and $4.48 billion. The midpoint of $4.63 billion was slightly ahead o

ServiceNow lifts guidance on AI growth

Bill McDermott, Chairman, President & CEO ServiceNow, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. ServiceNow posted strong second-quarter results and lifted its guidance Wednesday. Shares climbed 7% following the report. Here's how the company performed compared to LSEG estimates: Earnings per share: $4.09 adjusted vs. $3.57 expected $4.09 adjusted vs. $3.57 expected Revenue: $3.22 billion vs. 3.12 billion expected Subsc

Palantir Goons Reportedly Want to Remake Hollywood Into a Libertarian Dream Factory

Rightwing forces in the U.S. have long coveted a key fixture of American liberalism’s soft power: Hollywood. The “dream factory” that deeply influences the ways Americans see themselves and the world around them has often been accused of (perhaps rightfully so) having a liberal bent. Now, it appears that a group with ties to America’s military-industrial complex has a plan to take over Tinseltown and mold it in their own image. Semafor writes that a new production company with ties to a current

Trump Media Is Now a $2 Billion Bitcoin Bet

Trump Media isn’t just fighting Big Tech. It’s taking on Wall Street with a Bitcoin war chest big enough to rival corporate heavyweights. The company behind Truth Social and streaming platform Truth+ announced, on July 21, it had purchased $2 billion worth of Bitcoin and Bitcoin-related securities, converting two-thirds of its $3 billion in liquid assets into cryptocurrency. It’s one of the boldest corporate Bitcoin strategies ever seen, rivaling billionaire Michael Saylor’s MicroStrategy (now

Tesla’s earnings hit a new low, with largest revenue drop in years

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a 12

Here’s the Front-Runner to Play Elon Musk in Luca Guadagnino’s AI Movie

It seems like you haven’t really made it in Silicon Valley until a major movie actor plays you on film. Jesse Eisenberg portrayed Facebook founder Mark Zuckerberg in The Social Network, and Michael Fassbender played Steve Jobs in the 2015 film Steve Jobs. Even Bill Gates was played by Anthony Michael Hall in the 1999 TV film Pirates of Silicon Valley. And now Elon Musk is reportedly next in line to get the Hollywood treatment. Deadline reported today that Ike Barinholtz, the star of The Studio,

Sonos gets to keep its CEO, as a treat

Sonos’ Very Bad 2024 is well documented. Its redesigned app endured a disastrous launch, to the extent that it was initially fundamentally broken. The company was then forced to delay two product launches in order to fix the botched software that its devices are so reliant on. And in the wake of the mess, the company’s then CEO Patrick Spence stepped down at the beginning of 2025. He was replaced by Tom Conrad on an interim basis, but after seemingly steadying what looked like a sinking ship, th

A year later, the Sonos Ace is finally fulfilling its potential

2024 was an awful year for Sonos. Its long-awaited entry into a crowded headphones market was eclipsed by a bungled app launch which had a knock-on effect that impacted everything the company had planned to do for the rest of the year. Plus, those Ace headphones were missing a major feature. One year later, that TrueCinema spatial audio enhancement is finally ready. And with that update, Sonos added a few more improvements to the Ace, including two-person TV Audio Swap, adaptive noise cancellat

Alphabet to report Q2 earnings after the bell

Alphabet is set to report its second-quarter earnings after the bell Wednesday. Here's what analysts polled by LSEG are expecting: Revenue: $93.94 billion $93.94 billion Earnings per share: $2.18 Wall Street is also watching these numbers in the report: YouTube advertising revenue : $9.56 billion, according to StreetAccount : $9.56 billion, according to StreetAccount Google Cloud revenue: $13.11 billion, according to StreetAccount $13.11 billion, according to StreetAccount Traffic acquisi

Texas Instruments stock falls 12% as CEO warns of tariff concerns

The Texas Instruments headquarters in Dallas, Texas, US, on Sunday, Jan. 21, 2024. Texas Instruments shares plunged 12% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks. The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per share. That fell short of an LSEG estimate of $1.50. Texas Instruments anticipates revenues between $4.45 billion and $4.48 billion. The midpoint of $4.63 billion was sli