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Friday, May 1, 2026
Meta burned $19 billion on VR last year, and 2026 won’t be any better
The reported financial losses follow a series of layoffs at the VR unit.
Mark Zuckerberg says a future without smart glasses is ‘hard to imagine’
Take Zuckerberg's outlook with a grain of salt. After all, he thought we'd all be hanging out in the metaverse...
Tesla is killing off the Model S and Model X
The company will stop making the pioneering EVs in the second quarter of 2026, CEO Elon Musk announced Wednesday.
Microsoft gained $7.6B from OpenAI last quarter
Microsoft, one of OpenAI's major investors, is benefiting greatly from the AI lab's growth.
Trump energy department loosens rules on nuclear safety
The new rules apply to nuclear reactors built on Department of Energy property, which includes several currently being developed by...
ServiceNow inks another AI partnership, this time with Anthropic
ServiceNow partners with Anthropic just a week after announcing a partnership with OpenAI as the company takes a multi-model approach.
Tesla profit tanked 46% in 2025
The company's sales fell for a second year in a row, as Tesla looks to AI and robotics, including a...
AI security startup Outtake raises $40M from Iconiq, Satya Nadella, Bill Ackman, and other big names
Outtake makes an agentic cybersecurity platform to help enterprises detect identity fraud. Its angel investors read like a who's who...
SpaceX is coming to the public markets, and secondaries are already on fire
paceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs. The company just completed a tender...
Elon Musk teases a new image-labeling system for X…we think?
Elon Musk says X will begin identifying "manipulated media" but doesn't share details.
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