In an era defined by swift advancements in artificial intelligence, Elon Musk’s xAI Holdings is reportedly gearing up to secure a staggering $20 billion in funding, with expectations that this will elevate the company’s valuation to over $120 billion. As a notable figure in tech, Musk’s mission is not merely for profit but towards a
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In an unprecedented move poised to reshape the landscape of urban mobility, Pony.ai, an ambitious Chinese start-up specializing in autonomous vehicle technology, has announced a groundbreaking partnership with Tencent Cloud. This collaboration signifies a significant leap forward for both firms as they aim to integrate cutting-edge robotaxi services via Tencent’s widely utilized platforms such as
In an era where technology evolves at breakneck speed, SK Hynix’s latest quarterly results shine like a beacon of success amidst a landscape rife with challenges. The South Korean semiconductor giant not only surpassed expectations in revenue and operating profit but also demonstrated a remarkable resilience against evolving market dynamics. Their performance in the first
In the high-stakes world of technology manufacturing, rare earth elements (REEs) play a pivotal role, especially in cutting-edge industries like electric vehicles and robotics. Tesla CEO Elon Musk’s recent comments regarding China’s new trade restrictions on rare earth magnets highlight the intricate dynamics at play. These restrictions, implemented as a response to geopolitical tensions, underscore
In recent months, the specter of tariffs has loomed large over the American manufacturing sector, challenging companies in various industries, notably automotive. Elon Musk, the CEO of Tesla, addressed these challenges during a recent earnings call, shedding light on his company’s strategy amid rising uncertainties stemming from tariff policies. While he expressed a disdain for
Tesla’s stock performance paints a perplexing picture that leaves many investors and analysts questioning the company’s trajectory. On a recent Monday, the shares plummeted nearly 6%, closing at $227.50—barely $6 above its annual low. This latest drop marks the culmination of a tumultuous year for Tesla, with a staggering 44% decline observed thus far. The
When Shreya Murthy and Joy Tao took the brave step to establish Partiful in 2020, the world around them was grappling with the Covid-19 pandemic. The irony of launching a party-planning startup in a time when social gatherings were largely restricted could hardly be overlooked. Yet, this audacious decision has turned out to be one
In the technologically vibrant landscape of Santa Barbara, California, a subtle yet profound shift is underway at Alphabet’s research facility. Scientists are racing against time to unravel the complexities of quantum computing—an ambition that some deem as audacious as it is game-changing. The critical dialogue underway, spearheaded by innovators like Julian Kelly, the director of
In a notable legal action, the New Jersey Attorney General has initiated a lawsuit against Discord, asserting that the platform has misrepresented its child safety features. This case, filed in the New Jersey Superior Court, poses significant questions about corporate accountability in the digital landscape where children are increasingly exposed to potential dangers. Attorney General
ASML, a pivotal player in the semiconductor equipment sector based in the Netherlands, has recently drawn attention for missing net bookings expectations. In the first quarter of 2025, the company’s reported net bookings reached €3.94 billion ($4.47 billion), falling short of the Reuters forecast of €4.89 billion. This deviation signals a broader sentiment of potential