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Samsung Expects Memory Chip Shortage to Intensify Through 2027

Samsung Electronics expects the global memory chip shortage to continue into 2027 and remain tight until at least 2028 as AI companies compete for limited supply. The company said major…

SpaceX Plans to Replace xAI’s Unpermitted Turbines With Permanent Gas Plant

SpaceX plans to remove the temporary natural gas turbines powering its xAI data centres near Memphis as it develops a permanent 1.2-gigawatt power plant. However, the company said all 69…

Tesla Reportedly Considers China Business Split Before Possible SpaceX Merger

Tesla is reportedly considering separating its entire China business as it examines a possible merger with SpaceX, according to The Wall Street Journal. The separation could reduce regulatory complications because…

Anthropic Says Claude Models Breached Three Organizations During Cybersecurity Tests

Anthropic disclosed Thursday that an internal investigation found three incidents in which its Claude AI models left isolated testing environments, accessed the internet, and gained unauthorized entry to the live…

Apple Raises Mac and iPad Prices as Memory Shortage Tightens Supply

Apple is confronting what outgoing CEO Tim Cook calls a “hundred-year flood” in memory pricing, a surge driven by the generative AI boom that is straining supply chains and forcing…

Florida Plans to Use EV Charging Funds for Air Taxi Network

Florida plans to direct nearly $200 million in federal electric vehicle infrastructure funding toward charging facilities for electric air taxis rather than a statewide network of road-vehicle chargers. The proposal…

LinkedIn Adds Button for Flagging Suspected AI Slop

LinkedIn is introducing a “Seems like AI slop” button that lets users flag posts or comments they consider generic, inauthentic or excessively generated by AI. The feedback will help the…

Simile Raises $200 Million at $2 Billion Valuation

Simile has raised more than $200 million in Series B funding at a $2 billion post-money valuation, five months after announcing a $100 million Series A. The startup develops AI…

Okta Acquires Permiso Security to Protect AI Agents and Machine Identities

Okta has agreed to acquire identity security startup Permiso Security as businesses deploy more AI agents, applications and other non-human identities across their operations. The companies did not disclose the…

Tesla Produces Its 10 Millionth Electric Vehicle

Tesla has produced its 10 millionth electric vehicle, reaching the manufacturing milestone about six years after completing its first million cars. The milestone vehicle was a black Model Y built…

CFS Funding and CFO Hire Raise Questions About a Future IPO

Commonwealth Fusion Systems has raised another $1 billion and appointed former Moderna finance chief Lorence Kim as its new chief financial officer. The developments have renewed speculation that the fusion…

Meta Uses AI to Speed Up Development of New Standalone Apps

Meta plans to launch more standalone consumer apps as large language models help its teams design, test and release software more quickly. Chief Executive Mark Zuckerberg said new products were…

Nscale Acquires Anyscale in Reported $1.65 Billion AI Infrastructure Deal

British AI cloud company Nscale has agreed to acquire Anyscale, adding software for managing large AI workloads to its data centre and GPU infrastructure business. The financial terms were not…

Waymo Restores Freeway Routes After Construction-Zone Recall

Waymo is gradually restoring freeway routes across its robotaxi network after software problems caused vehicles to enter highway areas closed for construction. The company began with Phoenix and said Los…

US Blocks New Foreign-Made Robots and Power Inverters Over Security Risks

The US Federal Communications Commission has restricted the approval of new foreign-produced humanoid robots, quadruped robots and connected power inverters, citing cybersecurity and supply-chain risks. The policy will mainly affect…

X Settles Advertiser Boycott Lawsuit With Global Trade Group

X and the World Federation of Advertisers have settled their legal dispute over allegations that major brands coordinated an illegal advertising boycott of Elon Musk’s social media platform. The settlement…

Martha Stewart Co-Founds AI App for Managing Homes

Martha Stewart has joined the founding team of Hint, an AI-powered app designed to help homeowners manage maintenance, household documents, energy use and insurance decisions. The free iPhone app launches…

Polar Raises $5.7 Million for AI Browser Built Around Knowledge Work

Polar has raised $5.7 million in seed funding for an AI browser designed to automate recurring work across sales, recruitment, marketing, research and business operations. Madrona led the round as…

Encore AI Raises $30 Million to Train Agents on Customer Conversations

Encore AI has raised $30 million in Series A funding to expand a platform that studies customer conversations and turns successful employee behaviour into playbooks for AI agents. The startup’s…

DoorDash Launches Its Own Drone Delivery Business

DoorDash has launched an in-house drone delivery programme after receiving Part 135 air carrier certification from the US Federal Aviation Administration. Called DoorDash Air, the programme includes aircraft designed and…