Elon Musk predicts 10 billion humanoid robots in use by 2040

Elon Musk predicts 10 billion humanoid robots in use by 2040

By 2040, there will be at least 10 billion humanoid robots priced between $20,000 and $25,000, Elon Musk said at the 8th Future Investment Initiative conference, which began Tuesday in Saudi Arabia’s capital, Riyadh. The Optimus robot is the humanoid robot under development by Tesla and could multiply the company’s valuation, according to Musk, who joined the conference … Read more

Alphabet to report Q3 earnings after the bell

Alphabet to report Q3 earnings after the bell

Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google parent Alphabet is set to report its third-quarter earnings Tuesday after the market closes. Here is what analysts are expecting, according … Read more

Japanese nuclear reactor which survived earthquake that badly damaged Fukushima power plant restarts

Japanese nuclear reactor which survived earthquake that badly damaged Fukushima power plant restarts

TOKYO — A Japanese nuclear reactor which survived a massive 2011 earthquake and tsunami that badly damaged the nearby Fukushima nuclear power plant was restarted Tuesday for the first time since the disaster after a safety upgrade, as the government pursues a renewed expansion of nuclear energy to provide stable power and reduce carbon emissions. … Read more

PayPal (PYPL) Q3 2024 earnings

PayPal (PYPL) Q3 2024 earnings

A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. Here’s how the company did compared to Wall Street estimates, based on a survey of … Read more

TikTok founder becomes China’s richest man

TikTok founder becomes China’s richest man

The surging global popularity of TikTok has seen the co-founder of its parent company, ByteDance, become China’s richest person. According to a rich list produced by the Hurun Research Institute, Zhang Yiming, is now worth $49.3bn (£38bn) – 43% more than in 2023. The 41 year old stepped down from his role in charge of … Read more

AI boom thrusts Europe between power-hungry data centers, environmental goals

AI boom thrusts Europe between power-hungry data centers, environmental goals

A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty Images The boom in artificial intelligence is ushering in an environmentally conscious shift in how data centers operate, as European developers face pressure to lower the water temperatures of their energy-hungry facilities to accommodate the higher-powered chips of … Read more

No editorial against Trump costs L.A. Times, Washington Post subscribers

No editorial against Trump costs L.A. Times, Washington Post subscribers

The Los Angeles Times and Washington Post have seen significant subscription cancellations in the days since their billionaire owners decided not to endorse in the presidential race after the editorial boards at both newspapers proposed backing Vice President Kamala Harris. National Public Radio reported that the Post saw more than 200,000 cancellations. Sources said The … Read more