
Tesla Terafab: Inside Musk's $25B Chip Ambition
Tesla recruits chip engineers at $330K salaries for its Terafab project, targeting computing power 50x current global AI capacity —an ambition even TSMC hasn't achieved.
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Tesla recruits chip engineers at $330K salaries for its Terafab project, targeting computing power 50x current global AI capacity —an ambition even TSMC hasn't achieved.

Volkswagen, Mercedes-Benz, and Waymo are pushing robotaxis into European cities despite persistent uncertainty about consumer adoption and regulatory frameworks, accelerating competition in a sector that has faced repeated delays and technical challenges.

French AI startup Mistral raises $830 million in debt from seven banks to fund Paris-area data center with 13,800 Nvidia chips, targeting 1.4 gigawatt AI campus by 2028.

Eli Lilly partners with Insilico Medicine in a deal worth up to $2.75 billion, betting on AI to accelerate pharmaceutical R&D. $115M upfront, multiple undisclosed targets.

The Department of Homeland Security partial shutdown has become the longest in US history, marking an unprecedented disruption to the fourth largest federal agency as Congress remains deadlocked with no resolution in sight.

Apple is pivoting its AI strategy toward an App Store search-like platform, discontinuing the Mac Pro and focusing on Mac Studio, as rare employee bonuses signal a major strategic shift toward core hardware and services.

Anthropic's paid subscribers more than doubled in the first half of 2026 as Claude topped US App Store rankings during a government agencies dispute that saw users rally behind the AI company.

Kandou AI has raised $225 million in Series A funding led by SoftBank and Synopsys to tackle AI's memory wall problem with chip-to-chip interconnect technology, betting that copper interconnects can outlast the optical revolution.

Top AI and government officials tell Axios that Anthropic, OpenAI and others will release new AI models with sophisticated capabilities for hacking sophisticated systems at scale, with Anthropic proactively warning that its not-yet-released Mythos model could enable unprecedented cyberattacks.
Wall Street has closed its fifth consecutive losing week, the longest sustained decline since the Iran war began, as the Dow, S&P 500, and Nasdaq all hit year lows amid mounting inflation concerns.

Microsoft is on track for its worst quarter since 2008 as investor concerns about artificial intelligence disruption weigh heavily on the technology giant's stock, with AI startups like Anthropic and OpenAI threatening to replace Microsoft's software products.

A Los Angeles jury found Meta and Google liable for harming children's mental health through addictive platform design, ordering the companies to pay $3 million in damages in the first case to hold social media companies accountable for platform design choices.

Iran-linked hacktivist group Handala claims to have breached FBI Director Kash Patel's personal email, publishing photographs and documents online. The Justice Department has confirmed the breach appears authentic.

A critical helium shortage triggered by the Iran war has taken roughly a third of global supply offline, threatening semiconductor manufacturing at TSMC, Samsung, and SK Hynix as AI chip demand soars.

Goldman Sachs economists warn the Iran war has elevated the risk of a U.S. recession within 12 months, as higher oil prices push inflation to 3.1% while growth slows simultaneously.

The European Commission has confirmed a cyberattack on its Amazon Web Services cloud infrastructure after hackers claimed to have stolen more than 350GB of data, including databases and internal files.
Apple has hired former Google executive Lilian Rincon to lead AI product marketing as it races to revamp Siri and reset its artificial intelligence strategy against competition from Google and OpenAI.

Meta's acquisition of Chinese-founded AI startup Manus for over $2 billion highlights the escalating battle for AI talent, as the startup relocated to Singapore before sealing its deal with the US tech giant.

A critical vulnerability in Langflow AI platform is being actively exploited within 20 hours of disclosure, with CISA adding CVE-2026-33017 to its Known Exploited Vulnerabilities catalog.

Fannie Mae will accept cryptocurrency as collateral for home loans for the first time, enabling buyers to pledge Bitcoin and USDC without selling, bridging crypto holdings with traditional mortgage financing.

Meta Platforms is cutting several hundred jobs across sales, marketing, and corporate teams while simultaneously accelerating unprecedented investment in artificial intelligence capabilities.

Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez have introduced legislation to impose a two-year moratorium on new AI data centers, citing worker safety, community impact, and the need for safeguards before expanding AI infrastructure.

OpenAI has discontinued Sora, its AI text-to-video generator, citing unsustainable economics and compute constraints. The company is pivoting the Sora team toward robotics research and world simulation as it prepares for a potential IPO.

OpenAI has flagged its dependence on Microsoft as a significant risk factor in investor documentation ahead of a potential IPO, highlighting the operational and competitive complexities of one of technology's most consequential partnerships.