In January and February 2026, Volkswagen reclaimed the top position in China’s passenger vehicle market with a 13.9 per cent share, narrowly ahead of Geely at 13.8 per cent. Toyota’s joint ventures held 7.8 per cent. BYD, which dominated 2024 and much of 2025 as the world’s largest EV maker, slipped to fourth at 7.1 […]
On Thursday, Alphabet’s share price rose nearly 10 per cent after the company reported first-quarter revenue of $109.9 billion, a 22 per cent increase year over year that beat analyst estimates by almost $3 billion. Google Cloud crossed $20 billion in quarterly revenue for the first time, growing 63 per cent. The cloud backlog nearly […]
A quality assurance supervisor identified only as Zhou joined a technology company in Hangzhou in November 2022. His job was to work with AI large language models, optimising their outputs and filtering sensitive content. He earned 25,000 yuan per month, roughly $3,640. In 2024, the company decided that its AI systems had improved to the […]
Y Combinator published its Summer 2026 Request for Startups in late April, just days before the application deadline. The document lists 15 categories of companies that YC’s partners want to fund. Eight of them require capital, hardware, or both. The list includes AI for low-pesticide agriculture, counter-swarm drone defence, inference chips for space, lunar manufacturing […]
The flight from John F. Kennedy International Airport to the East 34th Street Heliport in Midtown Manhattan took seven minutes. By car, depending on the time of day, the same journey takes between 60 and 120 minutes. On Friday, Joby Aviation landed its all-electric air taxi at the heliport as part of a demonstration hosted […]
The company that built TikTok’s recommendation algorithm, the system that predicts with unsettling accuracy what a person wants to watch next, is now using a related class of AI to predict how molecules will behave inside a human body. ByteDance’s drug discovery unit, Anew Labs, presented its first AI-designed therapy at the American Association of […]
Three days of cross-examination in Oakland produced a $130bn lawsuit’s most awkward admissions, including that xAI trains on OpenAI’s models. The judge, not the jury, will decide. Elon Musk took the stand in Oakland on Tuesday with a story he has been telling for two years. He had founded OpenAI in 2015, he said, to […]
Oracle’s stock has fallen nearly 50 per cent since hitting a record in September and dropped 14 per cent in the six sessions through Thursday, its worst stretch in months. Of the 51 Wall Street analysts tracked by Bloomberg who follow the company, 41 have buy ratings and only one rates it a sell. The […]
After a CFIUS-induced retreat in 2024, the wafer-scale chip startup is back with an OpenAI deal in its pocket and a sharper bet against Nvidia. Eighteen months ago, Cerebras Systems looked like a cautionary tale. The Sunnyvale-based AI chip startup had filed for an initial public offering in September 2024, only to see its plans […]
The video game retailer that meme traders saved from oblivion is now eyeing one of the internet’s oldest marketplaces. GameStop Corp is preparing a bid to acquire eBay Inc, according to a Wall Street Journal report published on 1 May 2026, sending eBay shares surging more than 13% in after-hours trading. The move would be […]
