The New York Times |
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What Trump’s Embrace of Crypto Has Unleashed11:05 A boundary-pushing array of new crypto ventures have reached the stock market, enticing investors and leading to more risk taking. U.S. Threatens Penalties Against European Tech Firms Amid Regulatory Fight21:35 The Trump administration singled out European tech firms by name and promised economic consequences Tuesday unless the E.U. rolls back tech regulation and lawsuits. Senators Investigate Role of A.I. Data Centers in Rising Electricity Costs16.prosince Three Democrats are seeking information from tech firms about the growing energy use of data centers and the utility bills of individuals and other businesses. Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans15.prosince Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries. Trump Administration Begins Program to Increase Government’s Tech Worker Ranks15.prosince The U.S. Tech Force is aiming to hire about 1,000 top-level technical employees and supervisors to join federal agencies and work on projects related to artificial intelligence and modernization. Roomba Maker iRobot Files for Bankruptcy, With Chinese Supplier Taking Control15.prosince Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. How Tech’s Biggest Companies Are Offloading the Risks of the A.I. Boom15.prosince The data centers used for work on artificial intelligence can cost tens of billions to build. Tech giants are finding ways to avoid being on the hook for some of those costs. In A.I. Boom, Venture Capital Firms Are Raising Loads More Money15.prosince Lightspeed Venture Partners, a Silicon Valley venture firm, has amassed more than $9 billion to invest in artificial intelligence. That is its biggest haul. Elon Musk’s SpaceX Valued at $800 Billion, as It Prepares to Go Public13.prosince A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year. Elon Musk Tests Europe’s Willingness to Enforce Its Online Laws12.prosince Backed by White House officials, the tech billionaire has lashed out at the European Union after his social media platform X was fined last week. Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped12.prosince “I’m told that Australian teens, in preparation for this ban, have been exchanging phone numbers with each other.” Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy12.prosince Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump. China Is Getting Much of What It Wants From the U.S., Including Chips12.prosince For China, President Trump’s moves to loosen chip controls, soften U.S. rhetoric and stay silent on tensions with Japan amount to a rare string of strategic gains. Trump Signs Executive Order to Neuter State A.I. Laws12.prosince The order would create one federal regulatory framework for artificial intelligence, Mr. Trump told reporters in the Oval Office. Crypto Entrepreneur Who Caused 2022 Crash Is Sentenced to 15 Years in Prison11.prosince Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud. |