Tesla starts Optimus robot production in California as profit falls 43%
Tesla’s revenue was flat and its expenses skyrocketed as it pressed the accelerator on its Optimus robots, AI, and autonomous driving.
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Tesla’s revenue was flat and its expenses skyrocketed as it pressed the accelerator on its Optimus robots, AI, and autonomous driving.
On Tuesday, I published a story about how YouTube appeared to be testing hiding the dislike button on videos, with at least two users on X sharing screenshots of the dislike button moved into the three-dot menu. But a YouTube spokesperson, in a Wednesday statement to The Verge, confirmed that YouTube is “not testing hiding…
For years, Elon Musk has been making big promises to Tesla owners about unsupervised autonomous driving and the ability to add their own vehicles to the company’s robotaxi fleet. During today’s third-quarter earnings call, the company finally gave itself a deadline. According to Tesla VP for Autonomous Driving Ashok Elluswamy, Tesla owners will be able…
A rush of new data centers could bring air pollution roaring back to levels not seen since the 2000s in Texas, which has become ground zero for the physical infrastructure behind generative AI. New and proposed data centers are demanding a tremendous amount of electricity. How developers and utilities meet that demand – with gas…
Meta says it’s issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday, the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with trading beginning in 2027. “The scale of investment required to compete, sustain growth, expand infrastructure,…
It remains to be seen if people really want to watch vertical content on horizontal TV screens, but many filmmakers and creators were confident that their latest projects would play well at Alza – New York City’s first microdrama film festival. Founded by former Tribeca Festival chief operating officer Pete Torres, Alza, which took place…
Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general. That’s according to the company’s third-quarter earnings report released on Wednesday, which says Meta’s income from operations would have been $22.89 billion without the settlement. In August, Meta agreed to pay $17.1…
Two bugs found with AI are behind major issues today for 4chan, DeviantArt, Wikipedia, and the blog where the bar around the corner posts pictures of people’s dogs. The “critical vulnerabilities” were discovered in the PHP programming language, which underpins much of the internet, including any site built on WordPress. But it’s far bigger than…
As the smoke clears from its outrageous Roadster demo, Tesla reported Q3 earnings on Wednesday – and the cold reality is that revenue has flatlined. Tesla said it earned $1.7 billion in net income on $28.0 billion in revenue in the quarter that ended in September 2026. Revenues were flat, while profits dropped 4 percent…
Amazon Web Services logged attempts to leverage the internet-melting PHP2Shell bugs four days ago. They’re now being “broadly exploited” across the internet.