Marc Benioff, a guy who has poured money into artificial intelligence investments and claims that AI tools are doing half of the work at Salesforce, isn’t so sure about all the hype around this whole sector all of a sudden. During an appearance on the “20VC” podcast, as spotted by Business Insider, Benioff poured water […]
Tesla Sales Nosedive 40% in Europe As Market Share Drops To 1%
Sales of Elon Musk’s Tesla have plunged by approximately 40% in Europe over the first half of 2025, according to new data from the European Automobile Manufacturers’ Association (ACEA). The decline is just the latest effect from increased pressure from Chinese automakers—particularly BYD—that are gaining ground in the rapidly expanding electric vehicle (EV) market on […]
Did Nvidia Just Pop an AI Bubble? Here’s What the Market Says
Lukewarm second quarter results from AI powerhouse Nvidia (NVDA) Wednesday have Wall Street bros and the analysts that love them catching all kinds of feelings. Long a bellwether for how the market views AI in general, the largest company in the world carries enough weight in its $1 trillion valuation to move entire indexes, let […]
AI Bubble Watch: Nvidia Shares Skid on Middling Q2 Results Nvidia Q2 2026 earnings
Nvidia reported mixed second quarter earnings on Wednesday, meeting some market expectations but missing others. The company posted revenue of $46.74 billion, up 56% from a year ago. The number is higher than the $45 billion Nvidia shared in earnings guidance last quarter, and is just barely above the projected market consensus of $46.23 billion, according to Bloomberg. Adjusted earnings […]
OpenAI Admits Safety Controls ‘Degrade,’ As Wrongful Death Lawsuit Grabs Headlines
ChatGPT’s safety guardrails may “degrade” after long conversations, the company that makes it, OpenAI, told Gizmodo Wednesday. “ChatGPT includes safeguards such as directing people to crisis helplines and referring them to real-world resources. While these safeguards work best in common, short exchanges, we’ve learned over time that they can sometimes become less reliable in long […]
AI Is Crushing the Early Career Job Market, Stanford Study Finds
If you suspected that AI is taking jobs away from young workers, there is now data to back this up. Three economists at Stanford University’s Digital Economy Lab —professor Erik Brynjolfsson, research scientist Ruyu Chen, and postdoctoral fellow Bharat Chandar— published a paper on Tuesday that found early-career workers aged 22 to 25 in the […]
Grok’s Tips On How to Assassinate Elon Musk Are One More Red Flag For Wall Street
Wall Street tech watchers that had only recently recovered from Elon Musk’s AI chatbot going rogue are now quietly reassessing the technology, after a new leak of thousands of user conversations show it teaching people how to make drugs, assassinate Musk himself, and build malware and explosives. Luckily for xAI, the company that created Musk’s […]
Nvidia Unveils High-Tech ‘Brain’ for Humanoid Robots and Self-Driving Cars
Could humanoid robots get a lot more human? Nvidia may have made that possibility a bit realer today with a smarter robot brain that has less energy demands. The tech giant’s latest robotics offering is Jetson Thor, a super computer built for real-time AI computation on humanoid robots and smart machines alike, Nvidia announced in […]
Regulators Say Binance Must Tighten Money Laundering, Terrorism Rules
Beleaguered crypto company Binance must tighten up its compliance controls covering anti-money laundering and counter-terrorism and add an independent auditor if it wants to keep doing business in Australia, regulators said this week. The Australian Transaction Reports and Analysis Centre (AUSTRAC) is mandating the crypto giant put outside auditors in place within 28 days of […]
Waymo Gets First Driverless Car Permit in NYC
Waymo has become the first autonomous vehicle operator to secure a permit to test self-driving cars on the streets of New York City, the state’s department of transportation said in announcing the news. The New York City Department of Motor Vehicles approved Waymo’s application, allowing the company to conduct limited testing of its autonomous vehicles […]