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The race is on to sue Nvidia

Nvidia’s stock slid more than 4% after its board opened an investigation into Jensen Huang’s relationship with a suspected Chinese spy, and one securities law expert says the company’s earlier insistence that it was all “normal” could turn into a very expensive problem.

After the midterms, is the AI industry in for a rough two years?

Democrats’ historic victories in this week’s U.S. midterm elections could also transform the tech industry. The public voted on 41 data center-related ballot measures on Tuesday — in all but one, the majority voted to impose more restrictions on data center development. And even when data centers weren’t on the ballot…

Tesla will stop making the Cybertruck in 2027

The decision to wind down the EV comes after just a few short years of underwhelming sales. Elon Musk said the company will use the factory space to make more Cybercabs.

Axiom Math wants to keep AI slop out of mathematics

As AI floods math with unchecked proofs, Axiom Math is betting on verification. The startup’s AI agents just formally verified the Stacks Project, one of the field’s biggest libraries.

Snapchat surpasses 30M paid subscribers

The milestone comes a year after Snapchat announced a controversial limit on free storage for its Memories feature and informed users it would start requiring users to pay $1.99 per month for additional storage or subscribe to Snapchat+ to retain their Memories.

OpenAI is already trying to shape the 2028 election

OpenAI’s Chris Lehane wants AI to define the 2028 election, proposing a new social contract that could benefit Americans while also advancing the AI giant’s own business interests.

Open source AI is booming. Hugging Face explains who profits.

Open source models are becoming more mainstream as enterprises, governments and startups alike rely on the promise of lower costs, more control, and more flexibility. But as increasingly capable models become more freely available, how do companies capture value? And with Chinese open models gaining ground, can…

Sequoia hits rewind, undoing 20 years of expansion

Sequoia is consolidating into a smaller, Bay Area–centered firm, shutting down the programs and offices it built during a 20-year expansion while announcing roughly $10 billion in new funds.