Elon Musk is doubling down on his vision for “TeraFab,” a massive, integrated chip factory for Tesla. He claims it’s the only way to produce the 100 to 200 billion chips per year the company will need. The plan would see Tesla handle logic, memory, and packaging all under one roof.
The latest earnings season reveals a new reality for Big Tech. Investors are no longer blindly funding the AI arms race. They’re demanding clear growth, and punishing companies where the payoff seems uncertain.
Brian Galle, an architect of California’s proposed “billionaires tax,” argues the current system lets the ultra-wealthy opt out. His “FAST” plan uses retroactive interest to close loopholes without taxing unrealized gains, aiming to pass Supreme Court scrutiny.
Norway’s massive sovereign wealth fund is rebalancing its portfolio as U.S. tech dominance grows. Its CEO admits the fund is structurally exposed to a potential AI bubble and is constrained from making big moves.
Meta’s quarterly results blew past Wall Street expectations, sending its stock soaring. The company also revealed massive user growth and a bold prediction from Mark Zuckerberg about the future of AI and wearables.
A new report warns that AI-powered fraud is scaling faster than banks can handle, with U.S. losses projected to hit $40 billion by 2027. The solution requires a complete overhaul of how financial crime is fought, merging siloed teams and moving beyond static identity checks.
Customer satisfaction scores have hit a new low for the fourth year in a row, according to Forrester. The Fast Company Impact Council argues the problem is a fundamental misalignment in how companies measure customer experience success.
The UK government is promoting new “AI Growth Zones” with promises of thousands of local jobs. A closer look reveals these figures are based on flawed estimates from industry lobbyists and don’t reflect the reality of automated hyperscale data centres.
A new threat campaign dubbed “Operation Bizarre Bazaar” is targeting misconfigured, self-hosted AI infrastructure. Attackers are hijacking these servers to resell their compute power or use them as a pivot point into corporate networks.
The technology for creating nonconsensual sexual deepfakes is rapidly evolving, moving from crude images to high-quality, customizable videos. An entire economy of websites and Telegram bots is profiting from this abuse, targeting millions of women and girls with terrifying ease.
