Tesla to Open Nevada Semi Factory Next Month
The trucks will start rolling off the line in September. Tesla plans to begin operations at its new electric heavy-truck factory in Nevada next month, according to an Electrek report…
Anthropic Launches $35 Million Open-Source Fund and Expands Mythos 5 Access
The announcement on Aug. 24 paired a checkbook with a security update. Anthropic said it is launching a $35 million fund to support open-source AI development, and it expanded access…
Meta Plans Consumer AI Agent ‘Hatch’ Within Weeks, New Model in October
The product has a name, a launch window, and a price: Meta will release “Hatch,” a consumer AI agent, within weeks, with a target of early September, according to a…
OpenAI Backs California AI Safety Bill, Cuts Model Prices, Takes Ads to Europe
In the space of 48 hours last week, OpenAI did three things that, taken together, sketch the strategy of a company preparing to go public. It endorsed a California bill…
D.E. Shaw Opens $912 Million SpaceX Position, Cuts Broadcom Stake 58%
In a single quarterly filing, D.E. Shaw & Co. disclosed a brand-new position in SpaceX worth $912.4 million and a 58% reduction in its stake in Broadcom Inc., two moves…
Apple Cuts More Than 200 Jobs in Siri and Vision Pro Teams
The teams had been shrinking for months, and last week the reductions became explicit. Apple Inc. is eliminating more than 200 positions across the groups working on its Siri assistant…
Apple Cuts Vision Team Staff as Its Focus Shifts to AI Glasses
Apple has laid off at least 60 employees from its Vision group, the unit that built the Vision Pro headset, according to people familiar with the matter, a reduction that…
Musk Denies Report of SpaceX’s $6 Billion Spectrum Deal
Elon Musk said Wednesday that reports of SpaceX agreeing to buy $6 billion in wireless spectrum were untrue, a rare public denial from the billionaire after news outlets cited people…
Anthropic’s IPO Ambition: Raise as Much as SpaceX Did
Anthropic is telling prospective investors that its initial public offering could raise as much as, or more than, the roughly $86 billion that SpaceX collected when it listed, according to…
Nevada Lets Tesla, Uber, and Waymo Put 8,000 Robotaxis on Las Vegas Streets
Nevada regulators on Friday approved Tesla, Uber, and Waymo to operate driverless taxis in Las Vegas, a decision that allows the three companies to deploy up to 8,000 robotaxis combined…
