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Learn to get and install the Honeywell Home Wi-Fi Smart Color Thermostat for just $80, a 55% saving, and start reducing your utility bills by leveraging its Energy Star certified features and smart home integration.
Jensen Huang's resignation as Nvidia CEO amid personal misconduct raises significant questions about the future of the Jen-hsun & Lori Huang Foundation. The $9 billion charitable entity, co-founded by Huang and his wife, Lori, faces an uncertain path as the tech mogul departs the company he led for 33 years.
Harwood, North Dakota, stands as the lone U.S. community to approve a major data center project on Election Day 2026, contrasting sharply with a nationwide backlash against AI infrastructure. The town greenlighted a $3 billion, 1.8-million-square-foot facility by Applied Digital amidst escalating concerns over environmental impact and resource consumption in other localities.
Tech billionaires, including Elon Musk, who moved to Texas seeking a conservative, business-friendly environment, are now confronting a rising Democratic political wave. This shift challenges the state's status as their political safe haven, potentially altering the very policies they sought.
Crusoe, the $30.9 billion data center developer, has sold its unfinished Wyoming data center project to Google. The tech giant is taking over the development after concerns about costs and delays, underscoring the immense challenges in building AI infrastructure. Despite this setback, Crusoe continues to secure major deals and raise significant funding.
OpenAI has reportedly secured an additional $11 billion in a new funding round, boosting its valuation to $1.25 trillion. This capital injection is part of an ongoing round expected to close soon, though it falls below earlier $30 billion targets. The news arrives amid broader market jitters and lowered valuation expectations for competitor Anthropic.
A bipartisan permitting reform bill is advancing in the Senate to expedite energy project approvals and potentially lower utility bills. Critics, including environmental groups, warn it sacrifices caution for speed, reducing environmental reviews and limiting community challenges, especially concerning energy-intensive AI data centers. This lame-duck legislative effort highlights a complex balance between development and environmental protection amidst evolving political dynamics.
Quick Verdict Nvidia's RTX Pro 5500, a potent workstation GPU for AI, is at the epicenter of an unprecedented supply crisis. Chinese tech giants have placed an astounding $70 billion in orders for these chips, yet
Verdict Binance, one of the world's largest cryptocurrency exchanges, has reopened transactions after suffering a staggering $6.3 billion crypto heist, one of the largest in history. While the platform has commendably
OpenAI has reportedly lowered its funding target to $20 billion for its latest round, after initially aiming for $30 billion. The company has secured $11 billion so far, facing a "tepid" response from investors amid market wariness of AI infrastructure spending.
Rivian has announced an expansion of its $5.8 billion joint venture with Volkswagen Group, now licensing its proprietary AI voice assistant technology to the German automaker. This strategic move deepens the partnership by integrating Rivian's advanced in-car intelligence into future VW vehicles, potentially starting with the ID EVERY1 EV. It underscores Rivian's vertical integration success and helps Volkswagen enhance its software capabilities.
Google Cloud reported a staggering 103% revenue growth to $30.7 billion in Q3 2026, outperforming analyst expectations. This strong performance, driven by AI demand, contrasted with Alphabet's overall revenue miss and a 10% stock drop, as heavy AI infrastructure investments and slower ad growth impacted broader financials.
Microsoft has achieved its tenth consecutive quarter of record revenue, hitting $92.3 billion, a 19% year-over-year increase. This remarkable performance is largely driven by its Microsoft Cloud division, which saw revenue surge by 30% to $63.9 billion, including $10 billion from OpenAI. The company is investing heavily in future growth, with record capital expenditures.
In a significant strategic shift, General Motors has announced plans to invest over $2 billion in its Lansing region operations, including $1.25 billion specifically for its Lansing Delta Township Assembly plant. This
Meta has unveiled a new class of nonvoting stock, designed to help CEO Mark Zuckerberg cover a potential $11 billion liability from California's proposed "billionaire tax" (Prop 40) without ceding control. This move, which allows him to sell up to 10% of his economic stake, also serves Meta's capital-raising needs for AI and acquisitions. Reports indicate Zuckerberg pressed Meta's board for a solution to avoid selling his Palo Alto property, leading to the creation of Class C shares. This financial maneuver is sparking debate on wealth taxation's impact on tech leaders.
Meta's Q3 2026 earnings reveal a $9.89 billion payment towards a child safety settlement, impacting its operating income by over $22 billion. Despite this, the company reported robust revenue growth of 26 percent year-over-year. Meta faces further legal challenges, including a $25 billion penalty from a New Mexico court related to the Cambridge Analytica scandal.
Anthropic has pitched a draft AI safety bill to Congress that would allow blocking an AI model's release if it poses a "catastrophic risk" – defined as potentially causing over 50 deaths or $1 billion in damages through specific threats. The controversial proposal mandates that federal agencies seek judicial approval to halt a model's distribution, limiting their independent authority. This move comes amid ongoing debates over AI regulation and concerns about agentic hacking.
SpaceX reported Q3 2026 revenues of $14.6 billion, a 161% jump, primarily driven by an 830% year-over-year surge in its Super Intelligence (SI) division. This growth was fueled by new cloud services, the Cursor acquisition, and wider Grok AI adoption, alongside robust performance in its Starlink Connectivity business.
A new bill, the "Power To The Players Act," has been introduced in the U.S. Congress by Rep. Ritchie Torres to ensure consumers truly own, rather than just license, the video games they purchase. It mandates offline modes for games before server shutdowns, addressing concerns over unplayable digital titles and future-proofing consumer investments in gaming.
James Cameron has once again congratulated Marvel Studios after Avengers: Endgame reclaimed the title of highest-grossing film of all time, surpassing Avatar. This marks the latest chapter in a friendly but fierce box office rivalry, with Endgame's recent "Encore" re-release pushing its total to $2.938 billion, just ahead of Avatar's $2.923 billion.
TypeSafe AI, the creator of the non-text AI model Jev, has achieved a $7.5 billion valuation following a massive $870 million funding round led by Andreessen Horowitz. Launched just weeks ago, Jev quickly went viral, attracting a third of Fortune 500 companies with its unique approach to automation that is faster and more efficient than traditional LLMs.
OpenAI has reportedly told investors its annualized revenue is nearing $50 billion, a significant $20 billion less than previous projections. This update highlights pressures on the AI giant to justify massive investments and comes amidst a delayed IPO.
A Newzoo report challenges the 'F2P is dying' narrative, showing absolute playtime is flat despite a share dip. Gacha RPGs are driving massive growth on PC, adding billions of hours. Yet, engagement isn't proportionally boosting revenue, signaling a crucial industry challenge.
Data center projects established in rural areas across the United States are set to receive significant federal tax benefits starting next year, under the provisions of the newly enacted One Big Beautiful Bill Act. This
AI agents are increasingly moving into text messages, allowing users to delegate tasks and manage their lives through platforms like iMessage, SMS, and WhatsApp without needing new apps. This trend promises enhanced convenience for everything from scheduling to shopping. Valued at $10 billion, Instinct leads a diverse field of agents offering general assistance, family management, and specialized tools.
