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Intel will join SpaceX and Tesla in an effort to build a new U.S. semiconductor factory in Texas, although the scope of its contributions are unclear. “Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and…
Asia AI data center provider Firmus on Monday announced a fresh $505 million raise led by Coatue at a $5.5 billion post-money valuation. With this round, Firmus has raised $1.35 billion in six months, it says. The Singapore-based data center company previously raised AU$330 million (approximately $215 million) at an AU$1.85 billion ($1.2 billion) valuation from investors, including…
U.S. auto safety regulators closed its investigation into Tesla’s remote parking feature, known as “Actually Smart Summon,” after finding crashes were rare, at low speed, and not severe. The National Highway Traffic Safety Administration (NHTSA) said in its update on Friday that its closing of the investigation does not constitute a finding that a safety-related…
As data centers have grown and proliferated, so too has the backlash. A new Harvard/MIT poll found 40% of people supported the building of a data center in their area, with 32% opposed when asked about the building of different industrial facilities in their neighborhoods. One fun tidbit from the survey, per Axios: More people…
Anthropic has filed documents to create a new political action committee — a sign that, like its peers, the AI lab is committing significant resources toward influencing policy and regulation. AnthroPAC plans to make contributions to both parties during the midterms, including to current D.C. lawmakers and rising political candidates. The PAC will be funded…
The total workforce at Tesla’s factory outside Austin, Texas shrunk dramatically last year as the company suffered its second straight year of declining sales, according to a compliance report spotted by Austin American-Statesman. Tesla went from employing 21,191 people at the factory in 2024 to 16,506 workers in 2025, a drop of 22%. That’s despite…
Winter testing has been completed for the VW ID.EVERY1, the first vehicle under a joint venture between Rivian and Volkswagen Group to be equipped with the EV maker’s software and electrical architecture. That’s not just progress toward getting this vehicle into customers’ hands; it also unlocks another $1 billion investment from Volkswagen Group into Rivian….
As AI makes inroads into the worlds of editorial and media, websites are scrambling to establish ground rules for its usage. This week, Wikipedia banned the use of AI-generated text by its editors — although it stopped short of banning AI outright from the site’s editorial processes. In a recent policy change, the site now…
Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by former Kalshi employees, Fortune and…
A French Navy officer went for a run on the deck of the Charles de Gaulle aircraft carrier and uploaded his workout to Strava, inadvertently leaking the location of the nuclear-powered warship as it heads to the Middle East. First reported by French newspaper Le Monde, the story is not an anomaly — this popular…