Sundar Pichai is ‘very excited’ about Google Cloud’s OpenAI partnership
The comment came shortly after analysts peppered Pichai and other Google executives with questions about how AI would affect its core search business and why Google is spending an extra $10 billion on capital expenditures this year to catch up in the AI race.
Read moreA troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash
iRocket is aiming to hit the public markets but the SPAC vehicle doesn't have much cash left.
Read moreYouTube sees a rise in ad revenue to reach nearly $10 billion
YouTube continues to lead in the streaming market, with ad revenue increasing by 13% to $9.8 billion.
Read moreGoogle’s AI Overviews have 2B monthly users, AI Mode 100M in the US and India
Google shared new stats about its AI features' adoption during its Q2 earnings.
Read moreTesla profits pulled down by falling EV sales and regulatory credits
Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory credits, and a decline in solar and energy storage sales.
Read moreTesla’s earnings hit a new low, with largest revenue drop in years
Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a
Read moreTrump’s AI Action Plan aims to block chip exports to China but lacks key details
The AI Action Plan offers a path, but not a concrete plan, for what the administration is thinking when it comes to chip export restrictions.
Read moreFormer Y Combinator, a16z experts hold invite-only summit for founders
An invite-only startup event hosted by former YC and a16z staff will help founders learn to pitch press and run their own social media.
Read moreOpen source X rival Mastodon begins raising funds with new in-app donation feature
Mastodon is experimenting with a new way to raise money: in-app donation banners.
Read moreTrump’s AI strategy trades guardrails for growth in race against China
The Trump administration published its much-anticipated AI Action Plan Wednesday, signaling a sharp shift away from former President Biden’s cautious approach to addressing the risks of AI, and toward a focus on speed, sovereignty, national security, and competing with China.
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