2026-07-23
Tesla sold 25% more cars and made 57% less operating profit. The AI spending is the reason.
Tesla delivered 480,126 vehicles in the second quarter, its highest-ever quarterly total, and generated record revenue of $28.24 billion, up 26% year-on-year. Operating income fell 57% to $398 million. Adjusted earnings of 33 cents per share missed the 51-cent consensus by a wide margin. Shares fell roughly 4% after hours. The gap between the top […]<br /> This story continues at The Next [...]
2026-07-23
Khosla Ventures, first backer of OpenAI, is raising up to $5.5bn
Vinod Khosla likes to be early. His firm was the first outside investor in OpenAI, back when that was a strange thing to be. Now Khosla Ventures is raising money to do it again, at a scale it has never tried. The firm is in talks to gather as much as $5.5bn across a new […]<br /> This story continues at The Next Web [...]
2026-07-23
Google now lets you sign in to your account with a selfie video
Everyone has lost access to something. A phone, a password, a recovery code sent to a dead email. Google’s answer, announced on Thursday, is your face. The company is adding a selfie video as a way to sign in, it said in a blog post. Setting it up takes a short online process with a […]<br /> This story continues at The Next Web [...]
2026-07-23
A US Senate panel says it has ‘compelling evidence’ of Chinese influence inside Amazon
The email was not meant to be public. Writing to a small-business owner on Staten Island, a researcher for the Senate Small Business Committee said Republican staff had been probing “Amazon negligence related to Chinese influence and have found compelling evidence.” The note named no evidence at all. That is more or less the whole […]<br /> This story continues at The Next Web [...]
2026-07-23
Uber cuts 10% of customer-service jobs and, for the first time, blames AI
Uber has trimmed its customer-service ranks and pointed at AI. The company cut 10% of jobs in its community operations team on Wednesday. It is part of a wider push to “simplify operations, strengthen in-person collaboration, and continue to embrace AI,” a spokesperson told Bloomberg by email. It is a first for Uber. The company […]<br /> This story continues at The Next Web [...]
2026-07-23
China narrows the AI gap with the US to a record-low 6%
The gap between American and Chinese AI is closing fast. Chinese models narrowed the performance shortfall to a record-low 6% in June, down from 9% in May, according to Bloomberg Intelligence. The research arm said the shift raises real questions about how long US supremacy in AI will hold. The lead used to look comfortable. […]<br /> This story continues at The Next Web [...]
2026-07-23
Google reveals it holds $94.1bn in SpaceX shares after the IPO
Google spent years as a low-key backer of SpaceX. This week it showed what that patience is worth. In a quarterly filing, Alphabet said its Google unit holds $94.1bn in SpaceX shares, following the rocket company’s record IPO. Google was an early investor, and more recently struck a large compute deal with the company. The […]<br /> This story continues at The Next Web [...]
2026-07-23
'Excellent' and 'exceptionally flexible': Geekom IT13 mini PC for small business users running office applications and video conferencing tools gets a welcome 10% price cut
Looking for a compact work PC? Geekom's "excellent" IT13 mini desktop gets a welcome 10% off at Amazon. [...]