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 […]
With Apple’s new Creator Studio Pro, AI is a tool to help you create, not replace it.
Generative AI apps that can create photos, videos, songs, and more are becoming increasingly popular. But with the release of Apple’s new Creator Studio Pro suite, which became generally available on Wednesday, the tech giant has approached adding AI as a tool to aid creators in their process, not to replace it. Instead, Apple is […]
San Francisco Police Department investigates crash between Zoox and parked car
According to TechCrunch, the San Francisco Police Department is investigating an accident in which a Zoox self-driving car crashed into the driver’s side door of a parked car. According to the department, officers responded to the crash near the intersection of 15th Avenue and Mission Street on January 17 at around 2 p.m. local time. […]
Allbirds closes last brick-and-mortar store in San Francisco
If the last San Francisco Allbirds store closed its doors and no one was around to hear it close, did it make a sound? Allbirds, the shoe brand that was once an icon of mid-2010s San Francisco tech, will close nearly all of its physical stores by the end of February. Only two outlet stores […]
The AI infrastructure boom shows no signs of slowing down.
One way to track the speed of the AI boom is by tracking the hardware supply chain. Nvidia is a prime example. As AI companies build out data centers, they’re snapping up billions of dollars in GPUs every month, turning Nvidia into the most valuable company on the planet. But Nvidia also has suppliers, and […]
Standard Nuclear raises $140 million as nuclear power enters gold rush era
With the nuclear gold rush in full swing, fueled by AI companies’ desperate need for electricity, pick and shovel sellers are also starting to cash in. By the end of 2025, nuclear startups have raised $1.1 billion, all for small modular reactors. This deal flow is now expanding to key suppliers of the nuclear industry. […]