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Author Archives: Techme101
Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage
Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts’ estimates.
Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots
On Tesla’s fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor
In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.
Tesla Profit Slumps, but Investors May Not Care
The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup.
Meta Forecasts Spending of at Least $115 Billion This Year
That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.
Microsoft Continues to Spend Big on A.I. While Profit Jumps 60%
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 7 percent in after-hours trading.
Driverless taxis set to launch in UK as soon as September
Waymo has laid out plans for a robotaxi service in London with a pilot scheme due to begin in April.
Meta to ‘dramatically change’ with AI, Zuckerberg says
His comments seemed to hint at further layoffs at the owner of Facebook, Instagram and WhatsApp.
Meta burned $19 billion on VR last year, and 2026 won’t be any better
The reported financial losses follow a series of layoffs at the VR unit.
Posted in Tech
Tagged TechCrunch
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Zuckerberg teases agentic commerce tools and major AI rollout in 2026
Mark Zuckerberg says 2026 will be “a big year for delivering personal super intelligence.”
Posted in Tech
Tagged TechCrunch
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