If there is anyplace Tesla should be thriving, it’s Norway. Electric vehicles account for more than 90 percent of new car sales in the Scandinavian country, and buyers here are among the most sophisticated in the world when it comes to understanding the nuances of batteries, charging and range. So it hardly bodes well for … Read more
President Trump plans to meet with top White House officials on Wednesday to discuss a proposal that could secure TikTok’s future in the United States, two people familiar with the plans said. Mr. Trump will consider a proposal for a new ownership structure for the popular video app, which is owned by the Chinese internet … Read more
The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before President Trump’s auto tariffs lift prices by thousands of dollars, several carmakers said. “This past weekend was by far the best weekend I’ve seen in a very long time,” Randy Parker, the chief … Read more
OpenAI said on Monday that it had completed a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just six months ago. The new fund-raising round, led by the Japanese conglomerate SoftBank, values OpenAI at $300 billion, making it one of the most valuable private companies in the world, along with the … Read more
Shares of CoreWeave, the first artificial intelligence start-up to go public, finished its first day of trading at $40.01 a share, one penny above the disappointing initial public offering price the company had set a day earlier. The company’s share price, trading under the ticker symbol CRWV, signaled concern among Wall Street investors about the … Read more
Over the last 12 months, Google’s efforts to use artificial intelligence to accelerate drug design have achieved breakthroughs in mimicking human biology and won its top scientists the Nobel Prize in Chemistry. Now Isomorphic Labs, the division within the software giant meant to develop and commercialize the technology, is taking another big step: raising money … Read more
The White House has spent the week trying to downplay the revelation that top national security officials discussed plans for U.S. strikes in Yemen on Houthi militants over Signal, a commercial messaging app. In a stunning breach of national security, the Defense Secretary, Pete Hegseth, disclosed specific operational details before the attacks in the group … Read more
Elon Musk said on Friday that he had sold X, his social media company, to xAI, the artificial intelligence start-up he founded in 2023, in an unusual arrangement that may raise conflict-of-interest questions. The all-stock deal valued xAI at $80 billion and X at $30 billion, Mr. Musk said on X. The price for X … Read more
The chairman of the Federal Communications Commission said on Friday that he had opened an investigation into Disney’s diversity, equity and inclusion programs in the latest attempt under the Trump administration to halt such efforts. In a letter to Robert Iger, the chief executive of Disney, Brendan Carr, the chairman, said the company’s programs to … Read more
In two photographs taken for the fashion retailer H&M, the model Mathilda Gvarliani is seen posing in a white tank top and jeans. The images look like takes from the same shoot, but one of the photos shows the real Ms. Gvarliani, and the other is an artificially manipulated image of her. Published this week … Read more