OpenAI to Double Workforce to 8,000 by End of 2026
The AI leader's new hires will span product development, engineering, research and sales, providing a counterpoint to the dread of AI-based job cuts.
Business
United Cuts 5% of Flights, Plans for $175 per Barrel Oil
United plans for oil to stay above $100 per barrel through end of 2027 and raises fares.
Softbank, AEP to Build Massive Ohio Gas Power Plant, Data Center
SB Energy plans to link a 9.2-GW gas plant to the local grid to power a 10-GW AI data center to be built on federal ...
China Rare-Earth Exports Rise Globally but Plunge to US
An 8.2% global rise during the first two months of 2026 contrasted with a 22.5% plunge in exports to the US.
Bezos Fires Up New Smartphone Launch Despite Earlier Flop
The "Transformer" phone would be a voice-controlled computing assistant with convenient shopping features.
Xpeng Launches EVs in Mexico, Aims to Double Overseas Sales in 2026
Xpeng is one of a handful of Chinese EV brands that have achieved the break-even milestone.
Tesla to Buy $2.9 Billion Worth of Chinese Solar-Panel Production Equipment
In keeping with Elon Musk's assertion that solar power could meet all US electricity needs, Tesla plans to manufacture 100 GW of solar panels in ...
OpenAI to Combine ChatGPT, Codex and Browser into One Superapp
The move is designed to simplify the company's efforts in keeping up three separate platforms amid rising competition from Anthropic.
Jeff Bezos Seeks $100 Billion to Transform Manufacturing with AI-Based Automation
As co-CEO of startup Project Prometheus, Bezos has traveled to the Mideast to seek investment from sovereign wealth funds.
Samsung to Supply HBM4 Chips for OpenAI's Custom Processor Project
OpenAI's Stargate project to develop a custom AI chip later this year with Broadcom will use Samsung's high-bandwidth memory chips to optimize processing speed.
Rivian Gets $1.25 Billion Injection from Uber in Robotaxi Deal
The investment plan calls for 10,000 fully autonomous R2 SUVs to be deployed as Uber robotaxis in 2028.
Xiaomi Unveils Updated SU7 at $31,870 in Challenge to Tesla
Xiaomi CEO Lei Jun said the new SU7 is cheaper than a Tesla Model 3 with longer range.
Mystery AI Model Was Xiaomi's, Not DeepSeek's
Xiaomi's shares surged as much as 5.8% on the disclosure that the advanced agentic AI model dubbed Hunter Alpha had been developed under the direction ...
Musk Says SpaceX AI to Keep Ordering Nvidia GPUs at Scale
The chips to be produced by Tesla's Terafab project to launch next week will be optimized for AI edge compute in humanoid robot Optimus and ...
Apple's China Smartphone Sales Jump 23%
The sales surge bucked the overall 4% year-on-year decline in China smartphone sales during January through early March, some of it due to the soaring ...
Tariffs Keep Inflation Elevated, Says Powell
Lack of clarity in tariffs, duration of the Iran war, prevents Fed Chair Jerome Powell from prognostications on future rate cuts.
Microsoft Considers Suit Against Partner OpenAI Over $50-Billion Cloud Deal
A partnership agreement requires OpenAI to offer its Frontier AI model exclusively through Microsoft's Azure cloud.
Samsung Union Approves Strike Plan to Worsen Global Memory Chip Shortage
The unionized workers at Samsung Electronics, the world's top memory chip maker, voted to approve an 18-day strike beginning May 21.
Japan Exports Grew for 6th Straight Month on Strong Asia Demand
February exports rose 4.2% on year, greatly exceeding forecasts for a 1.6% increase.
China Grants Approval to Purchase Nvidia H200 GPUs
Jensen Huang confirmed that "many customers in China" had received government approval to buy the H200 GPUs.
Powerful New AI Model Appears on OpenRouter, DeepSeek Suspected
A new AI model named Hunter Alpha was self-described as "a Chinese AI model primarily trained in Chinese", fueling speculation that it was developed by ...
Nvidia Sees $1 Trillion Chip Sales in 2027, Excluding Restart of H200 GPUs for China
Jensen Huang's sales projection was for the Blackwell and next-gen Rubin GPUs and didn't include revenues expected from sales of CPUs and networking chips, as ...
US Travel Demand Robust Despite Higher Fares on Rising Fuel Costs
Airlines report above-projected demand for spring flights, allowing them to bake into ticket prices 100% of fuel price increases.
Microsoft Reorganizes Copilot Team for Superintelligence Push
AI chief Mustafa Suleyman has been freed up from overseeing Copilot to head up a push to build more advanced AI models.
US Home Sales Had Been Rebounding Before Mideast Conflict
The strong rebound after two months of declines were driven by activity in the West and metro areas of the South and Midwest and aided ...
GM Partners with LG Energy to Reopen Tennessee Battery Plant
The Ultium Cells joint venture will recall 700 laid-off workers to begin energy-storage batteries in Q2.
LG Energy to Supply US-Made LFP Batteries to Tesla in $4.3-Billion Deal
The S. Korean firm will build a high-capacity battery plant in Lansing, Michigan and begin production in 2027, reducing US reliance on Chinese LFP batteries.
JPMorgan Asia Promotes David Lau, Poaches Yi Zhang from Goldman
The moves come as the investment banking arm sees a surge in Hong Kong IPOs and rising M&A activity in Japan and Australia.
Alibaba Joins Other China Tech Giants in OpenClaw Craze with Agentic AI Platform
As Beijing encourages enterprises to integrate AI into operations, ByteDance, Tencent and Alibaba have jumped on the OpenClaw bandwagon with platforms providing AI agents to ...
Samsung Makes Nvidia's Inference Chips, Reveals Jensen Huang
The revelation that Samsung is using cutting-edge 4-nanometer process to fabricate Nvidia's Groq LP30 chips caused its shares to jump 3.9%.
SK Hynix Sees Wafer Shortage Until 2030
The world's top maker of high-bandwidth memory (HBM) chips used for AI and the no. 2 maker of DRAM chips will expand its investor base ...
Diesel Rises Past $5 Level for 2nd Time Ever, Fueling Inflation
Diesel costs are baked into every aspect of manufacturing, shipping and travel and the Iran conflict assures its continued rise.
US Postal Service Seeks Urgent Reforms to Survive through 2027
The quasi-public agency has already hit its $15 billion borrowing limit and wants to raise the cost of a 1st-class stamp to $1 and phase ...
US Economy Had Begun Modest Recovery Before Iran Strike
Sentiment among manufacturers and homebuilders were starting to shake off the tariff blues in February but are likely to be hurt by the Iran conflict ...
Vinfast Q4 Losses Grew with Popular Free Charging Program That Boosted Sales
Vietnam's EV lost 35.2 trillion dong ($1.34 billion) in Q4, 15% higher than the previous quarter and 46.5% higher on year, but hopes to break ...
Apple's $549 Airpods Max Headphone to Include Live Translation
The second-generation headphone will help Apple compete in the premium headphone market dominated by Sony, Bose and Sennheiser.
Jensen Huang to Preview Nvidia Roadmap for Preserving Its AI Centrality
Nvidia's annual developer conference will lay out a roadmap that includes creating new chips, building data centers and updating its CUDA moat as AI chip ...
Meta to Cut 20% or More Staff on AI Efficiencies
The job cuts come to help offset the cost of doubling of its AI data center investment to $135 billion for 2026 as Meta seeks ...
China's No. 2 Chipmaker to Begin Producing 7-Nanometer AI Chips
Hua Hong Group is ready to become only the 2nd Chinese chipmaker to produce 7-nm chips for AI, advancing China's drive to improve chip self-sufficiency.
Musk Teases Tesla AI Terafab to Leapfrog Nvidia Chip Shortage
Tesla's future in autonomous driving appears tied to a massive AI chip fab project that will likely involve Intel, TSMC and Samsung and launch in ...
Apple MacBook Neo Deemed Most Reparable Laptop in History
A key rating published by iFixit makes the economy laptop more desirable for students who can buy one for only $499.
US Farmers Lose Critical Fertilizer for Planting Season Due to Mideast Conflict
Fertilizer prices have spiked by over a third since the Iran conflict began blocking passage through the Strait of Hormuz, preventing American farmers from planting ...
US Withdraws Plan to Further Burden Close Allies Wanting AI Chips
A Trump plan to require even close allies to make more investments in US data centers as a condition to being able to buy large ...
China Encourages Buying Dollars to Slow Yuan Surge
The yuan's 7% rise against the dollar since last April is driven by Trump's disruptive trade and immigration policies weakening the US economy and favoring ...
China Okays World's First Commercial Brain-Computer Interface
A device made by Borui Kang Medical Technology of Shanghai restores movement and communication for patients suffering from various forms of paralysis.
China New Loans Slumped in February After Strong January
The slump exceeded the normal monthly swings in borrowing pattern, with consumer loans shrinking by 650.7 billion yuan after a 456.5 billion surge in January.
Uber Ties Up with Hyundai's Motional to Launch Las Vegas Robotaxi Service
The service will use Hyundai Ioniq 5 EVs by default and will initially have an on-board safety operator to be phased out later this year.
Volkswagen Edges Out Geely in China Car Sales As BYD Slips to 4th
Despite phaseout of EV subsidies Geely captured 13.8% of China's auto market during January and February 2026, just below Volkswagen's 13.9%.
Q4 GDP Was Actually Only 0.7% on Tariff Disruptions
The earlier reported 1.4% for 2025 Q4 GDP growth had actually plunged to a near-recessionary 0.7% as retailers finally began passing on a part of ...
ByteDance Got Around Block on Nvidia Blackwell Chips
TikTok parent ByteDance has been able to acquire 36,000 B300 chips for data centers located outside China.
OpenAI to Double Workforce to 8,000 by End of 2026
The AI leader's new hires will span product development, engineering, research and sales, providing a counterpoint to the dread of AI-based job cuts.
United Cuts 5% of Flights, Plans for $175 per Barrel Oil
United plans for oil to stay above $100 per barrel through end of 2027 and raises fares.
Softbank, AEP to Build Massive Ohio Gas Power Plant, Data Center
SB Energy plans to link a 9.2-GW gas plant to the local grid to power a 10-GW AI data center to be built on federal ...
China Rare-Earth Exports Rise Globally but Plunge to US
An 8.2% global rise during the first two months of 2026 contrasted with a 22.5% plunge in exports to the US.
Bezos Fires Up New Smartphone Launch Despite Earlier Flop
The "Transformer" phone would be a voice-controlled computing assistant with convenient shopping features.
Xpeng Launches EVs in Mexico, Aims to Double Overseas Sales in 2026
Xpeng is one of a handful of Chinese EV brands that have achieved the break-even milestone.
Tesla to Buy $2.9 Billion Worth of Chinese Solar-Panel Production Equipment
In keeping with Elon Musk's assertion that solar power could meet all US electricity needs, Tesla plans to manufacture 100 GW of solar panels in ...
OpenAI to Combine ChatGPT, Codex and Browser into One Superapp
The move is designed to simplify the company's efforts in keeping up three separate platforms amid rising competition from Anthropic.
Jeff Bezos Seeks $100 Billion to Transform Manufacturing with AI-Based Automation
As co-CEO of startup Project Prometheus, Bezos has traveled to the Mideast to seek investment from sovereign wealth funds.
Samsung to Supply HBM4 Chips for OpenAI's Custom Processor Project
OpenAI's Stargate project to develop a custom AI chip later this year with Broadcom will use Samsung's high-bandwidth memory chips to optimize processing speed.
Rivian Gets $1.25 Billion Injection from Uber in Robotaxi Deal
The investment plan calls for 10,000 fully autonomous R2 SUVs to be deployed as Uber robotaxis in 2028.
Xiaomi Unveils Updated SU7 at $31,870 in Challenge to Tesla
Xiaomi CEO Lei Jun said the new SU7 is cheaper than a Tesla Model 3 with longer range.
Mystery AI Model Was Xiaomi's, Not DeepSeek's
Xiaomi's shares surged as much as 5.8% on the disclosure that the advanced agentic AI model dubbed Hunter Alpha had been developed under the direction ...
Musk Says SpaceX AI to Keep Ordering Nvidia GPUs at Scale
The chips to be produced by Tesla's Terafab project to launch next week will be optimized for AI edge compute in humanoid robot Optimus and ...
Apple's China Smartphone Sales Jump 23%
The sales surge bucked the overall 4% year-on-year decline in China smartphone sales during January through early March, some of it due to the soaring ...
Tariffs Keep Inflation Elevated, Says Powell
Lack of clarity in tariffs, duration of the Iran war, prevents Fed Chair Jerome Powell from prognostications on future rate cuts.
Microsoft Considers Suit Against Partner OpenAI Over $50-Billion Cloud Deal
A partnership agreement requires OpenAI to offer its Frontier AI model exclusively through Microsoft's Azure cloud.
Samsung Union Approves Strike Plan to Worsen Global Memory Chip Shortage
The unionized workers at Samsung Electronics, the world's top memory chip maker, voted to approve an 18-day strike beginning May 21.
Japan Exports Grew for 6th Straight Month on Strong Asia Demand
February exports rose 4.2% on year, greatly exceeding forecasts for a 1.6% increase.
China Grants Approval to Purchase Nvidia H200 GPUs
Jensen Huang confirmed that "many customers in China" had received government approval to buy the H200 GPUs.
Powerful New AI Model Appears on OpenRouter, DeepSeek Suspected
A new AI model named Hunter Alpha was self-described as "a Chinese AI model primarily trained in Chinese", fueling speculation that it was developed by ...
Nvidia Sees $1 Trillion Chip Sales in 2027, Excluding Restart of H200 GPUs for China
Jensen Huang's sales projection was for the Blackwell and next-gen Rubin GPUs and didn't include revenues expected from sales of CPUs and networking chips, as ...
US Travel Demand Robust Despite Higher Fares on Rising Fuel Costs
Airlines report above-projected demand for spring flights, allowing them to bake into ticket prices 100% of fuel price increases.
Microsoft Reorganizes Copilot Team for Superintelligence Push
AI chief Mustafa Suleyman has been freed up from overseeing Copilot to head up a push to build more advanced AI models.
US Home Sales Had Been Rebounding Before Mideast Conflict
The strong rebound after two months of declines were driven by activity in the West and metro areas of the South and Midwest and aided ...
GM Partners with LG Energy to Reopen Tennessee Battery Plant
The Ultium Cells joint venture will recall 700 laid-off workers to begin energy-storage batteries in Q2.
LG Energy to Supply US-Made LFP Batteries to Tesla in $4.3-Billion Deal
The S. Korean firm will build a high-capacity battery plant in Lansing, Michigan and begin production in 2027, reducing US reliance on Chinese LFP batteries.
JPMorgan Asia Promotes David Lau, Poaches Yi Zhang from Goldman
The moves come as the investment banking arm sees a surge in Hong Kong IPOs and rising M&A activity in Japan and Australia.
Alibaba Joins Other China Tech Giants in OpenClaw Craze with Agentic AI Platform
As Beijing encourages enterprises to integrate AI into operations, ByteDance, Tencent and Alibaba have jumped on the OpenClaw bandwagon with platforms providing AI agents to ...
Samsung Makes Nvidia's Inference Chips, Reveals Jensen Huang
The revelation that Samsung is using cutting-edge 4-nanometer process to fabricate Nvidia's Groq LP30 chips caused its shares to jump 3.9%.
SK Hynix Sees Wafer Shortage Until 2030
The world's top maker of high-bandwidth memory (HBM) chips used for AI and the no. 2 maker of DRAM chips will expand its investor base ...
Diesel Rises Past $5 Level for 2nd Time Ever, Fueling Inflation
Diesel costs are baked into every aspect of manufacturing, shipping and travel and the Iran conflict assures its continued rise.
US Postal Service Seeks Urgent Reforms to Survive through 2027
The quasi-public agency has already hit its $15 billion borrowing limit and wants to raise the cost of a 1st-class stamp to $1 and phase ...
US Economy Had Begun Modest Recovery Before Iran Strike
Sentiment among manufacturers and homebuilders were starting to shake off the tariff blues in February but are likely to be hurt by the Iran conflict ...
Vinfast Q4 Losses Grew with Popular Free Charging Program That Boosted Sales
Vietnam's EV lost 35.2 trillion dong ($1.34 billion) in Q4, 15% higher than the previous quarter and 46.5% higher on year, but hopes to break ...
Apple's $549 Airpods Max Headphone to Include Live Translation
The second-generation headphone will help Apple compete in the premium headphone market dominated by Sony, Bose and Sennheiser.
Jensen Huang to Preview Nvidia Roadmap for Preserving Its AI Centrality
Nvidia's annual developer conference will lay out a roadmap that includes creating new chips, building data centers and updating its CUDA moat as AI chip ...
Meta to Cut 20% or More Staff on AI Efficiencies
The job cuts come to help offset the cost of doubling of its AI data center investment to $135 billion for 2026 as Meta seeks ...
China's No. 2 Chipmaker to Begin Producing 7-Nanometer AI Chips
Hua Hong Group is ready to become only the 2nd Chinese chipmaker to produce 7-nm chips for AI, advancing China's drive to improve chip self-sufficiency.
Musk Teases Tesla AI Terafab to Leapfrog Nvidia Chip Shortage
Tesla's future in autonomous driving appears tied to a massive AI chip fab project that will likely involve Intel, TSMC and Samsung and launch in ...
Apple MacBook Neo Deemed Most Reparable Laptop in History
A key rating published by iFixit makes the economy laptop more desirable for students who can buy one for only $499.
US Farmers Lose Critical Fertilizer for Planting Season Due to Mideast Conflict
Fertilizer prices have spiked by over a third since the Iran conflict began blocking passage through the Strait of Hormuz, preventing American farmers from planting ...
US Withdraws Plan to Further Burden Close Allies Wanting AI Chips
A Trump plan to require even close allies to make more investments in US data centers as a condition to being able to buy large ...
China Encourages Buying Dollars to Slow Yuan Surge
The yuan's 7% rise against the dollar since last April is driven by Trump's disruptive trade and immigration policies weakening the US economy and favoring ...
China Okays World's First Commercial Brain-Computer Interface
A device made by Borui Kang Medical Technology of Shanghai restores movement and communication for patients suffering from various forms of paralysis.
China New Loans Slumped in February After Strong January
The slump exceeded the normal monthly swings in borrowing pattern, with consumer loans shrinking by 650.7 billion yuan after a 456.5 billion surge in January.
Uber Ties Up with Hyundai's Motional to Launch Las Vegas Robotaxi Service
The service will use Hyundai Ioniq 5 EVs by default and will initially have an on-board safety operator to be phased out later this year.
Volkswagen Edges Out Geely in China Car Sales As BYD Slips to 4th
Despite phaseout of EV subsidies Geely captured 13.8% of China's auto market during January and February 2026, just below Volkswagen's 13.9%.
Q4 GDP Was Actually Only 0.7% on Tariff Disruptions
The earlier reported 1.4% for 2025 Q4 GDP growth had actually plunged to a near-recessionary 0.7% as retailers finally began passing on a part of ...
ByteDance Got Around Block on Nvidia Blackwell Chips
TikTok parent ByteDance has been able to acquire 36,000 B300 chips for data centers located outside China.
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