Tesla beats first-quarter expectations amid pivot to robotics, AI
The automaker said demand for its vehicles has rebounded from recent declines .
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Billionaire Robin Khuda’s AirTrunk expands in India with Lumina CloudInfra deal
Data centre investments are surging in India, fuelled by rapid growth in AI and cloud computing. The country’s capacity is expected to rise more than fivefold to 10 gigawatts by 2030 from about 1.5 gigawatts last year, according to consulting firm Deloitte.
Who is John Ternus? The man set to replace Tim Cook as Apple CEO
Cook has been Apple’s CEO for nearly 15 years.
Netflix beats expectations as cofounder Reed Hastings steps down from board
Netflix shares still plunged after beating first quarter revenue expectations.
You would be a millionaire today if you invested $35,000 in this stock one year ago
SanDisk stock has soared more than 2700% in a year.
Shoemaker Allbirds suddenly says it’s an AI company… stock jumps 800%
The former shoemaker said it would pivot and rebrand itself “NewBird AI.”
Sydney startup raises $5m on the tech that found downed pilot
Quantum magnetometers were thrust into the spotlight last week when news broke of the top-secret CIA device used to find a downed US pilot in Iran. Aussie company Deteqt was already on the case.
How the Trumps blew $1 billion on Bitcoin
Plenty of crypto newbies lost money chasing the bitcoin boom that followed Donald Trump’s reelection. None of them took as big of a hit as the president himself.
Meta shares spike after tech giant launches Muse Spark – Its AI bid against OpenAI
Meta’s first large language model under AI chief Alexandr Wang rolled out Wednesday, to eventually reach Instagram and Facebook.
Musk closer to trillionaire status after SpaceX files for IPO
An anticipated stock market debut for Musk’s aerospace firm may be the largest ever.