The U.S. government lifted its export restrictions on key chip-design software to China, after the two countries last week reached a broader trade agreement. The decision, which comes less than two months after the Trump administration implemented the curbs, is significant for China. Access to ... Read more âș
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Tesla has halted purchasing components for the Optimus humanoid robot, as the company is making changes to the robotâs hardware and software designs, Chinese tech media LatePost reported Wednesday, citing Tesla suppliers in China. The changes began last month when Ashok Elluswamy, Teslaâs vice ... Read more âș
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This really isnât Elon Muskâs week. On Tuesday, President Trump made the (obviously unserious) comment about looking into deporting Musk, who has renewed his criticism of Trumpâs Big Beautiful Bill. On Wednesday, Tesla reported that vehicle deliveries fell 13.5% in the second quarter, a slightly greater decline than it sustained in the first quarter. Wednesdayâs report suggests the first-quarter auto revenue drop of 20% is likely to be repeated in... Read more âș
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Ripple has applied to become a U.S. national trust bank, joining the wave of crypto firms that are seeking federal banking charters under the new Trump administration. Ripple, which issues stablecoin RLUSD, said it has applied for a national trust charter with the U.S. Office of the ... Read more âș
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The rebound for U.S. creator economy startups has once again faded.Funding for these American companies declined 8% to about $678.9 million during the quarter ending in June compared to the same period a year earlier, according to new data from The Informationâs Creator Economy Database. Global funding was also down slightly, decreasing 3% to $787.4 million. Read more âș
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TikTok on Wednesday laid off employees across different parts of its business, including in its trust and safety team in the U.S. and its global e-commerce business TikTok Shop. The layoffs are just the latest in a series of job cuts undertaken by the app over the past year, including at its ... Read more âș
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OpenAI has increased the amount of compute capacity it plans to rent from Oracle as part of its Stargate data center plan, according to Bloomberg, a sign that the effort, which was announced in January, is progressing. OpenAI plans to rent an additional 4.5 gigawatts of data center capacity from ... Read more âș
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Khosla Ventures filed securities paperwork indicating that it is targeting a fundraise of $3.95 billion across three new funds, slightly higher than a target reported last fall. The firm, known for its early bets on OpenAI and Instacart, is targeting a flagship fund of $1.95 billion to back ... Read more âș
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Microsoft is revising its roadmap for its internally developed artificial intelligence server chips and will focus on releasing less ambitious designs through 2028, hoping to overcome problems that have caused delays in development, according to two people with direct knowledge of the situation. Microsoft hopes that by scaling back some of the designs and pushing out the schedule for other AI chips it is already working on, it can develop... Read more âș
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Meta Platforms CEO Mark Zuckerberg is on a tear in recruiting for a team focused on âsuperintelligence,â roughly defined as a more powerful version of artificial general intelligence, AI that can handle most of the economic work people do. Hereâs a question, though: Why is Meta going after superintelligence?We can understand why Meta, as a major technology developer that has long used AI models for its consumer and advertising products,... Read more âș
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Teslaâs car deliveries fell 14% year over year in the second quarter, to 384,000 vehicles, the electric carmaker said Wednesday, the latest sign of the struggles facing the company. The drop follows a similar 13% decline in the first quarter and comes as CEO Elon Muskâs involvement with the ... Read more âș
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Microsoft plans lay off roughly 9,000 jobs across the company, according to someone briefed on the layoffs. The cuts, which affect nearly 4% of the companyâs workforce, come just months after Microsoft laid off roughly 6,000 employees in June. This round of layoffs will primarily affect ... Read more âș
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For much of its 15-year history, supplement brand AG1 refused to sell through Amazon, preferring its own site. That changed this April, when AG1 decided to list its popular green powders on the e-commerce giant. Amazonâs massive pool of shoppers offered a big growth opportunity for AG1 as interest in supplements surges across the board. But just as importantly, taking the plunge was a way for AG1 to defend its... Read more âș
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Amazon now has over one million robots in its warehouses, nearly as many human workers as the e-commerce giant employees in the facilities, The Wall Street Journal reported. Robots now contribute to about 75% of Amazonâs deliveries around the world, according to the report. That automation has ... Read more âș
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The Federal Trade Commission has opened an in-depth review of SoftBankâs acquisition of Santa Clara-based chip designer Ampere Computing, Bloomberg reported on Tuesday. The FTC made what is known as a âsecond request for information,â signaling the start of a lengthy probe that could delay the ... Read more âș
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And now for something completely different. In a break from artificial intelligence recruiting dramas, weâre looking today at the ancient world of television, through the prism of Warner Bros. Discovery. The Newhouse family, WBDâs second-biggest shareholder, revealed in a securities filing on Tuesday that it had sold half its stake in the company for $1.1 billion. Coming weeks after WBD said it would split in two, carving off its declining... Read more âș
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Meta Platformsâ efforts to recruit OpenAI researchers with high compensation offers are âsomewhat distasteful,â OpenAI CEO Sam Altman said in a Slack message to the company Monday night, Wired reported. The Slack message came after Meta revealed the lineup of its new AI division, which includes ... Read more âș
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Design software firm Figma said revenue rose 46% in the first three months of the year, to $228 million, and it tripled its operating income to $40 million, according to a securities filing for a planned public offering. It generated a gross profit margin of 91%, ranking it among the highest ... Read more âș
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The investment bankers in the middle of the trillion-dollar data center boom are working on their next play: capital recycling.Private equity firms and real estate funds that invest in new artificial intelligence data centers will eventually need cash returns from their investments. Some of the data center operators they own are getting too big to sell, and may have too much debt to get the best price in an initial... Read more âș
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During the first game of the WNBA season, Chicago Sky star forward Angel Reese received a hard foul from her archrival, the Indiana Feverâs Caitlin Clark. The tough basketball play sparked a maelstrom of hate speech that snowballed across social media, an episode that highlighted how quickly such abusive discourse travels and how the league struggles to address it, as I wrote in The Arena in May. As of today,... Read more âș
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Most popular sources
Business Insider
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14% 3 |
Gizmodo
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13% 6 |
The Verge
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12% 5 |
Wired
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8% 2 |
Android Authority
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8% 0 |
| View sources » | |
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11.07.2025 08:22
Last update: 08:16 EDT.
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