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iPhone 17 demand strong, says Kuo, with the Pro Max the star performer

Apple analyst Ming-Chi Kuo suggests that demand for the new iPhone 17 lineup is strong, with initial orders beating out those for last year’s iPhone 16. He points to a clear indication that the iPhone 17 Pro Max is the star performer, although does acknowledge that demand for the iPhone Air may become clearer over time … To conduct his analysis, Kuo looked at two factors. First, what he believes he knows about production volumes for each model via supply chain sources. Second, how quickly ship

Topics: 17 demand iphone max pro

Exxon Says It Invented a New Graphite That Could Boost EV Batteries

ExxonMobil, the country’s largest oil and gas company, says it has developed a more advanced form of graphite that could help extend the lifespan of electric vehicle (EV) batteries. CEO Darren Woods called the technology a “revolutionary step change in battery performance” at the University of Texas at Austin’s Energy Symposium on Friday. He said it’s already being tested by several EV manufacturers, Bloomberg reports. This new synthetic graphite is used on a battery’s anode, its negative elec

Nvidia CEO Says More Advanced AI Models Will Keep Chip, Data Center Growth Going

AI bubble? What AI bubble? If you ask Nvidia CEO Jensen Huang, we're in a "new industrial revolution." Huang's company, of course, makes chips and computer hardware, the "picks and shovels" of the AI gold rush, and it's become the world's largest business by capitalizing on AI's growth, bubble or not. Speaking on Wednesday during an earnings call as his company reported revenue of $46.7 billion in the past quarter, he indicated no sign that the incredible growth of the generative artificial int

Tesla rejected $60 million settlement in Autopilot case that ultimately cost it 4 times that amount

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. Posts from this author will be added to your daily email digest and your homepage feed. The proposal stemmed from a lawsuit filed by the families of the victims in a 2019 crash in which a Tesla Model S driver using Autopilot crashed into a parked vehicle, killing a woman and seriously injuring her boyfriend. The lawyers re

Robomart unveils new delivery robot with $3 flat fee to challenge DoorDash, Uber Eats

Robomart, a startup that builds self-driving delivery robots, is unveiling its latest robot with an ambitious goal of using it to make on-demand delivery profitable. The Los Angeles-based company announced its patented Robomart RM5 on Monday. The level-four autonomous vehicle can carry up to 500 pounds and is made up of 10 individual lockers that hold customer orders. This structure is designed to allow for batch ordering so a robot can work on multiple deliveries at the same time. Robomart pl

Analysts downplay AI bubble worries as Altman says some investors will be left 'very burnt'

The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. Startups with little more than a pitch deck are raising hundreds of millions. Valuations have become "insane." Capital is chasing a "kernel of truth" with feverish speed. The OpenAI CEO still believes the long-term societal upside of AI will outweigh the froth, and he's ready to keep spending in pursuit of that goal. "Are we in a phase where investors as a whole are ov

Anduril opens solid rocket motor factory amidst ongoing chemical chokepoint

Anduril has officially brought its high-volume solid rocket motor (SRM) factory online in Mississippi as it races to fulfill America’s demand for space and defense missions and challenge a decades-long duopoly between two major defense contractors. The Mississippi factory will be able to produce 6,000 tactical motors a year by the end of 2026, enough volume to position Anduril as the United States’ “third” SRM supplier. More than 700 motors have already passed static test firing. These motors a

Axon jumps 16% after TASER maker tops results and boosts outlook on security needs

Axon Enterprise 's stock popped 16% after the TASER maker surpassed Wall Street's estimates and boosted its guidance due to robust demand for its security solutions. "Demand for new technology from our customers is accelerating, and it's outpacing even my most optimistic expectations," said CEO Rick Smith on an earnings call with analysts. "There's now one breakout product driving conversations. It's everything." The security solutions company also hiked guidance for the year, saying it now ex

Axon jumps 14% after TASER maker tops results and boosts outlook on security needs

Axon Enterprise 's stock popped 14% after the TASER maker surpassed Wall Street's estimates and boosted its guidance due to robust demand for its security solutions. "Demand for new technology from our customers is accelerating, and it's outpacing even my most optimistic expectations," said CEO Rick Smith on an earnings call with analysts. "There's now one breakout product driving conversations. It's everything." The security solutions company also hiked guidance for the year, saying it now ex

Google agrees to pause AI workloads when power demand spikes

Google will pause non-essential AI workloads to protect power grids, the advertising giant announced on Monday. The web giant already does this sort of thing for non-essential workloads like processing YouTube vids, which it moves to datacenters where power is available rather than continuing to run them in places demand for energy strains the grid. Under an agreement with Indiana Michigan Power (I&M) and the Tennessee Valley Authority (TVA), Google will use the same techniques for AI workload

Want a job in tech? You need these skills, McKinsey study shows

Nadzeya Haroshka / Getty Images ZDNET's key takeaways Python programming is the most sought-after skill for a range of tech initiatives. Demand for Amazon Web Services skills far outstrips available supply Prompt engineering falls flat as a sought-after skill In the age of artificial intelligence, certain skills are gold. However, for some emerging technology areas, there's a significant mismatch between available skills and needed skills. For example, while prompt engineers are considered

Best Expert-Tested Workout Apps and Services for 2025

There are fitness apps for every budget. Some are completely free or offer a free trial, and some require a monthly subscription. Your choice will ultimately depend on whether you think investing in a paid app will actually help you get closer to your goals and what you're comfortable spending. Other things to consider are if you prefer live streaming or On Demand workouts. Think about what goals you're trying to achieve when using the app. Do you just want to get moving more often, or are ther

Satya Nadella seeks to reassure Microsoft employees in layoffs memo

I also want to acknowledge the uncertainty and seeming incongruence of the times we’re in. By every objective measure, Microsoft is thriving — our market performance, strategic positioning, and growth all point up and to the right. We’re investing more in CapEx than ever before. Our overall headcount is relatively unchanged, and some of the talent and expertise in our industry and at Microsoft is being recognized and rewarded at levels never seen before. And yet, at the same time, we’ve undergon

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

Nvidia supplier SK Hynix posts record second-quarter profit and revenue on strong AI memory demand

A visitor takes a picture of a model of SK hynix's high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea's SK Hynix on Thursday posted record operating profit and revenue in the second quarter, driven by sustained demand for its high bandwidth memory used in artificial intelligence technology. Here are SK Hynix's second-quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts f

Google's $85 billion capital spend spurred by cloud, AI demand

Sundar Pichai, CEO of Alphabet Inc., during Stanford's 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024. Google is going to spend $10 billion more this year than it previously expected due to the growing demand for cloud services, which has created a backlog, executives said Wednesday. As part of its second quarter earnings, the company increased its forecast for capital expenditures in 2025 to $85 billion due to "strong and growing demand for our Cloud produ

British government set to back down on secret iCloud backdoor after US pressure

We learned earlier this year that the British government had secretly ordered Apple to create a backdoor into encrypted data for all iCloud users worldwide. Specifically, it wanted a way to see personal data protected by Apple’s introduction of Advanced Data Protection (ADP), which extended end-to-end encryption to almost all iCloud data, meaning not even the iPhone maker could access it. Apple has been fighting the secret order in secret court hearings, but it now appears that the US governmen

Transit software startup Via confidentially files for an IPO

Via, the transit software startup that garnered attention for its consumer-facing on-demand shuttle service, said it has filed confidentially for an initial public offering. Via has been batting around plans for an IPO for years. The company filed confidentially for an IPO in 2021, but never took the next official and regulatory steps to enter the public markets. Now, the company says it’s ready. Its status as a confidential filing, however, leaves lots of missing details, including the number

Major US power operator says AI and data center demands are pushing prices up

PJM Interconnection (PJM) is the largest power grid operator in the US, serving 65 million customers across the District of Columbia and 13 states, namely Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia. But this summer, some parts of PJM's power grid are expected to use so much electricity that people's bills for the summer are projected to be 20 percent higher than before, according to Reuters. Th

Nvidia beats Apple to a $4T valuation as it rides AI wave

Nvidia, the US company specializing in high-performance GPU cards, has become the first ever company with a market capitalization of four trillion dollars. It is now the most valuable company in the world, ahead of Apple and Microsoft. It’s a little over a year since the company overtook AAPL thanks to a spectacular rise in value that saw it go from being worth $2T to more than $3T in just four months … Nvidia is best known for its high-end GPU chips used in gaming computers, and until the las

Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

CEO of Supermicro Charles Liang speaks during the Reuters NEXT conference in New York City, U.S., December 10, 2024. PARIS — Super Micro plans to increase its investment in Europe, including ramping up manufacturing of its AI servers in the region, CEO Charles Liang told CNBC in an interview that aired on Wednesday. The company sells servers which are packed with Nvidia chips and are key for training and implementing huge AI models. It has manufacturing facilities in the Netherlands, but could

It’s officially summer, and the grid is stressed

We rely on electricity to keep ourselves comfortable, and more to the point, safe. These are the moments we design the grid for: when need is at its very highest. The key to keeping everything running smoothly during these times might be just a little bit of flexibility. While heat waves happen all over the world, let’s take my local grid as an example. I’m one of the roughly 65 million people covered by PJM Interconnection, the largest grid operator in the US. PJM covers Virginia, West Virgini

Topics: demand grid gw peak pjm

Heat Domes and Surging Grid Demand Threaten US Power Grids with Blackouts

Key takeaways: The National Weather Service issues an extreme heat warning affecting almost 150 million people across the US. Heat domes are to blame. Parts of the US -- including the Midwest, New England and Texas-Louisiana -- face blackout risks during high-demand periods like summer heat waves. Electricity demand is a primary challenge across the US due to factors like new data centers, electrification and industrial activity. Regional grid risks vary: The Midwest faces plant retirements,

After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs, confirmed by the company on Thursday, are part of a broader restructuring aimed at aligning resources with what it describes as rising demand for traceable, ethically sourced commodities, an area it began building out last year under a new vertical called TRACE (Technology Rails

Why uranium mining is having a resurgence in the United States

From about the 1960s to the mid-1980s, the United States was a leader in uranium mining. But domestic production of the mineral, which is primarily used as fuel for nuclear reactors, has since fallen off a cliff. "A lot of this was because it was a government priority. And we strategically used government funding and subsidies to support it. However, what kind of started happening during the 90s is we saw a de-prioritization away from uranium," said Gracelin Baskaran, director of the Critical M

Vibe Coding Is Coming for Engineering Jobs

On a 5K screen in Kirkland, Washington, four terminals blur with activity as artificial intelligence generates thousands of lines of code. Steve Yegge, a veteran software engineer who previously worked at Google and AWS, sits back to watch. “This one is running some tests, that one is coming up with a plan. I am now coding on four different projects at once, although really I’m just burning tokens,” Yegge says, referring to the cost of generating chunks of text with a large language model (LLM)

Together AI’s $305M bet: Reasoning models like DeepSeek-R1 are increasing, not decreasing, GPU demand

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When DeepSeek-R1 first emerged, the prevailing fear that shook the industry was that advanced reasoning could be achieved with less infrastructure. As it turns out, that’s not necessarily the case. At least, according to Together AI, the rise of DeepSeek and open-source reasoning has had the exact opposite effect: Instead of reducing the need for infrastructure, it is

What’s driving electricity demand? It isn’t just AI and data centers.

Take the US, for example. The IEA report points to other research showing that the 10 states hosting the most data center growth saw a 10% increase in electricity demand between 2019 and 2023. Demand in the other 40 states declined by about 3% over the same period. One caveat here is that nobody knows for sure what’s going to happen with data centers in the future, particularly those needed to run AI. Projections are all over the place, and small changes could drastically alter the amount of en

The Download: Microsoft’s quantum chip, and explaining rising energy demand

A new Microsoft chip could lead to more stable quantum computers Microsoft has announced that it’s made significant progress in its 20-year quest to make topological quantum bits, or qubits—a special approach to building quantum computers that could make them more stable and easier to scale up. The company says it’s developed a chip containing eight of these qubits, and has also published a Nature paper that describes a fundamental validation of the system. It’s a different approach to competi

DRAM makers set to halt DDR3 and DDR4 production in 2025

Rumor mill: The DRAM industry could be in for a major shake-up this year. Sources claim production of mature DRAM solutions may be winding down as the largest memory manufacturers shift their focus almost entirely to high-performance chips. If true, the move could have significant consequences for the market and end customers alike. The "big three" in the DRAM industry are preparing to end production of DDR3 and DDR4 memory solutions this year. Samsung Electronics, SK Hynix, and Micron are repo