Tesla earned $787 million last quarter, down from $1.37 billion, as spending on robots and self-driving cars soared. Optimus is in production, and Tesla aims to get Cybercabs to customers by year-end.
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Meta will hand shareholders a free non-voting share for every share they own in January, giving it a way to raise equity for AI spending without diluting Zuckerberg's 60.6% vote.
The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S. parent and leaving its safeguarding account underfunded—its second hit to the...
Brent crude hit a five-month high while Nvidia, Meta and chip stocks fell, pulling Asia's benchmark indexes down by up to 3.5% a week after South Korea's Kospi plunged 7.57%.
Spot Bitcoin ETFs have drawn about $1.07 billion over three sessions, pushing October flows to a gain of roughly $460 million, even as Bitcoin and Ethereum prices slipped.
Neoclouds like CoreWeave and Nebius rent Nvidia GPUs to AI labs, and several started out mining crypto. Here's how the AI cloud model works.
Major banks including Morgan Stanley, JPMorgan, Bank of America, and Citi are moving to restrict third-party AI agents that log in with customers’ credentials.
