Tesla’s energy storage business is growing faster than any other division within the company
Tesla’s energy storage business saved it from a disastrous earnings report. The company’s profits last year fell 45% compared to 2024, mainly due to lower sales of electric vehicles. Although investors had expected sales to decline, Tesla still beat Wall Street’s profit and revenue expectations thanks to its energy storage business. Tesla has installed a […]
Waymo robot taxi hits child near Santa Monica elementary school
According to the company, a Waymo robot taxi hit a child near an elementary school in Santa Monica on January 23. Waymo told the National Highway Traffic Safety Administration (NHTSA) that the child, whose age and identity are not currently being released, suffered minor injuries. NHTSA has begun an investigation into the accident, and Waymo […]
The meta spent $19 billion on VR last year, and it’s not going to be any better in 2026.
Earlier this month, Meta reportedly laid off 10% of the staff at its virtual reality division, Reality Labs, cutting up to 1,000 employees. Now, in a development that appears to be directly related, the company revealed that the division lost billions of dollars last year. Meta’s earnings report on Wednesday showed the struggling virtual reality […]
Zuckerberg predicts agent commerce tools and large-scale AI deployment in 2026
Mark Zuckerberg says Meta users will start seeing the company’s new AI models and products in the coming months. “In 2025, we rebuilt the foundation of our AI program,” Zuckerberg said on an investor call Wednesday, referring to the company’s recently reorganized AI lab. “Over the coming months, we will begin shipping new models and […]
President Trump’s Department of Energy eases rules on nuclear safety
Nuclear startups have raised a lot of money in recent months, with well over $1 billion raised to date. Data centers and their thirst for power are one of the drivers. But recent changes to federal nuclear safety policy could provide another catalyst to clear the path to rapid reactor development, with potential costs to […]
Microsoft earned $7.6 billion from OpenAI last quarter
The relationship between Microsoft and OpenAI is notoriously rocky, but Microsoft, one of its major investors, has benefited greatly from OpenAI’s unprecedented revenue growth. The software giant reported this sizable item when it reported its latest quarterly results on Wednesday. The investment in OpenAI increased net income by $7.6 billion. OpenAI reportedly has a 20% […]
Tesla will discontinue Model S and Model X
Tesla will end production of its Model S sedan and Model X SUV, CEO Elon Musk announced Wednesday during the company’s quarterly earnings conference. He said the company plans to produce the final versions of both electric vehicles next quarter, adding that the company will provide support to existing Model S and Model X owners […]
AI security startup Outtake raises $40 million from celebrities including Iconiq, Satya Nadella, Bill Ackman and more
Outtake, which develops an agent-based cybersecurity platform that helps businesses detect, investigate and stop identity fraud, has raised $40 million in a Series B round of funding. That may not sound like a lot considering some AI companies raise huge sums of money, but the names involved in this funding seem to be from the […]
Tesla’s profits will fall 46% in 2025
Tesla’s 2025 profit is expected to fall 46% from the previous year as CEO Elon Musk took over the Trump administration and sales plummeted as federal electric vehicle subsidies were ended by Congress. The electric car company reported Wednesday that it posted a profit of just $3.8 billion for all of 2025, its lowest figure […]
Chrome adopts an AI browser with deeper Gemini integration and agent capabilities for autonomous tasks
Over the last year, we’ve seen a number of AI browsers from companies like OpenAI, Perplexity, Opera, and The Browser Company aiming to replace Chrome with features like sidebar assistants and automated tasks. Now, Google is enhancing its AI capabilities by adding similar features to Chrome, the world’s largest browser by market share. Google introduced […]
