Elon Musk announced Tesla will more than double its investment budget to over $20 billion in 2026. The plan includes a $2 billion stake in his xAI venture and a pivot toward robotaxis and humanoid robots, even as quarterly profits slumped 60%.
Ubisoft has proposed cutting up to 200 jobs at its French headquarters as part of a mutual termination agreement. This follows last week’s major restructuring into five “creative houses” and the cancellation of six games. The proposal is still under negotiation with French unions.
Microsoft has pulled back the curtain on its Maia 200 AI inferencing chip. Built on TSMC’s cutting-edge 3nm process, it’s already running in data centers and is positioned as a performance leader against rivals.
The explosive demand for AI compute is colliding with legacy data center infrastructure, creating a massive capacity and operational crisis. To survive, operators need to completely rethink how these facilities are powered, cooled, and managed in real-time.
TikTok says a power outage at a US data center is causing upload failures and algorithm resets for American users. The outage comes just days after a new, Oracle-led joint venture officially took over US operations, sparking immediate concerns about stability and data routing.
Xbox Game Studios head Craig Duncan isn’t sweating the launch of Grand Theft Auto VI this November. In an interview, he said Rockstar will “do what they’re going to do,” and his focus is on Xbox’s own games. He points out the competition is bigger than just games.
Microsoft provided the FBI with BitLocker recovery keys to unlock encrypted laptops in a federal fraud case. The keys were stored in Microsoft’s cloud, a default option for many users, raising serious questions about who truly controls encrypted data.
The U.S. government is taking a direct stake in USA Rare Earth with a massive $1.6 billion investment. The deal aims to build a magnet factory and advance a Texas mine, directly challenging China’s dominance in the critical minerals supply chain.
In a surprising twist, residents of a French town are celebrating a new data center. The project will repurpose an old TV factory and use its waste heat to power local agriculture, shelving a problematic housing plan in the process.
IonQ is acquiring chipmaker SkyWater Technology for $1.8 billion. The deal aims to create a vertically integrated quantum business, accelerating IonQ’s hardware manufacturing.
