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Dell Stock Surges 32% in One Day. Big Revenue From AI Servers Stuns Analysts

1:47
Dell's stock skyrocketed 32.76% on Friday, "its best day ever," reports CNBC, after Dell "reported its fastest pace for revenue growth for any period since returning to the public market in 2018..." "Shares are now up 234% in 2026." Dell, which reported first-quarter earnings after the bell on Thursday, saw a flood of artificial intelligence-related demand for its servers, which contain graphics processing units from companies like Nvidia. Quarterly revenue soared nearly 88% year over year, wit…

Wix Is the Latest To Cut 20% of Jobs While Citing AI

22:05
Wix is laying off roughly 20% of its workforce, about 1,000 employees, as CEO Avishai Abrahami cites both the rapid evolution of AI and currency pressure from a stronger Israeli shekel against the dollar. The web developer joins a growing list of tech companies making similar cuts, including Amazon, Block, Cisco, Cloudflare, Meta, Microsoft, Oracle and Intuit. Fast Company reports: "We have witnessed the most significant shift in how companies are built since the invention of modern programming…

Blue Origin Rocket Exploded Thursday Night During Hot-Fire Test

21:01
Spaceflight Now shared their video of the explosion, which the Orlando Sentinel describes as showing Blue Origin's rocket "become engulfed in flames. The fireball expands out and covers the entire launch pad as the fuselage of the rocket can be seen crumbling into the flames." Blue Origin founder Jeff Bezos said on X.com "It's too early to know the root cause but we're already working to find it. Very rough day, but we'll rebuild whatever needs rebuilding and get back to flying. It's worth it."…

Supreme Court Lets Vermont's Meta Lawsuit Proceed, Opening Door To 50-State Legal Wave

17:18
An anonymous reader quotes a report from Fortune: The Supreme Court on Tuesday rejected a push to avoid a lawsuit alleging that Facebook and Instagram harmed young users, a decision that comes as social media companies increasingly face legal scrutiny. Parent company Meta appealed after Vermont's highest court allowed a suit filed by its attorney general in 2023 to move forward. The company is facing similar lawsuits from states across the country, accusing it of knowingly designing addictive f…

FBI Arrests CIA Official With $40 Million In Gold Bars In His Home

13:33
A senior CIA official, David Rush, was arrested after investigators found more than $40 million in gold bars and about $2 million in cash at his Virginia home. According to the New York Times, "The only charge lodged against David Rush is that he inflated his academic credentials and obtained military leave pay worth tens of thousands of dollars." From the report: The court papers describe Mr. Rush as a "former senior executive service-level employee at a United States government agency." Peopl…

NASA Details Its Plan to Build a Lunar Base At the Moon's South Pole

9:16
NASA has outlined a three-phase plan to build a lunar base at the moon's south pole. The first phase, from 2026 to 2029, will focus on robotic missions, landers, rovers, reactors, satellites, and Blue Origin's Blue Moon Mark 1 Endurance test. Later phases will add habitats, power systems, communications, cargo logistics, and rotating crews. Wired reports: According to a recent press conference, phase one will be particularly active: at least 25 missions and 21 surface landings. Without detailin…

MIT Researchers Develop a Low-Cost Technique To Get Lithium Out of Rocks

6:04
An anonymous reader quotes a report from MIT News: Currently, lithium hard rock extraction involves baking the rock at over 1,000 Celsius and chemically leaching it to extract lithium. The rest of the rock is discarded. Now, a team of researchers from MIT and elsewhere has developed a low-temperature process for extracting battery-grade lithium from the most common type of lithium-bearing mineral. The process uses a liquid reagent to dissolve the rock into the useful forms of its constituent pa…

Europe Told To Cool Its Datacenter Boom Before Water, Power Run Short

29.května
A new Grundfos report warns that Europe's datacenter boom could strain water supplies and power grids unless regulators bake water and energy efficiency into planning, reporting, and incentives for new facilities. The Register reports: According to the report, the EU-wide server farm IT load is about 10 GW today, and is expected to rise to 35 GW by 2030 -- just four years away. These facilities account for about 3 percent of all electricity consumption now, but this is projected to hit 7-9 perc…

Anthropic Releases Opus 4.8 With New 'Dynamic Workflow' Tool

29.května
Anthropic has released Claude Opus 4.8 with stronger performance and better handling of uncertain or flawed data, including a greater tendency to flag issues rather than make unsupported claims. The update also introduces a "Dynamic Workflows" research preview for coordinating complex tasks across many subagents. TechCrunch reports: Opus 4.8 comes with the expected best-in-class benchmark results, but there's also particular attention to how the model manages bad or uncertain data. In the launc…

Occupy Wall Street Co-Founder Built an On-Device AI For Activists

28.května
An anonymous reader quotes a report from Gizmodo: In an era where Silicon Valley's conservatism is both expressed openly and becoming more intense by the day, it's strange to think that tech was once seen as a hive of liberalism. The right-wing nature of today's tech industry means that its products tend to also be seen as serving right-wing interests, either in their actual operation (like X's openly and unrepentantly right-wing chatbot Grok) or by the simple fact that their existence serves t…

Trump Loses More Control Over AI Regulation As Illinois Passes Landmark Law

28.května
Illinois lawmakers on Wednesday passed a landmark AI safety bill (SB 315) that would require major AI companies to publish safety plans, submit annual third-party testing reports, report serious incidents quickly, and protect whistleblowers who flag emerging risks. OpenAI and Anthropic supported the bill, which could make Illinois a testing ground for state-level AI governance as federal regulation remains stalled. Ars Technica reports: To force companies to be more transparent about rapid deve…

Valve's Steam Deck Sells Out Again, Even After 40% Price Increase

28.května
Valve's Steam Deck has sold out again despite a steep price increase that pushed the 1TB OLED model as high as $949 -- about $300 above its original price. "Even with the $300 price bump, the Steam Deck sold out after less than 24 hours back in stock," reports IGN's Jacqueline Thomas. "I don't know how many units Valve was able to stock into its store, but it does seem like Valve spent a couple weeks building up its stock before putting the handheld back on its store." IGN reports: Over the las…

Microsoft Allegedly Leaked Dutch Civil Servants' Data To the US

28.května
An anonymous reader quotes a report from Cybernews: The technology giant Microsoft has been accused of leaking the data of civil servants working for the Netherlands' regulatory agencies to the US House of Representatives. The civil servants affected by the leak work at the Authority for Consumers and Markets (ACM) and the Dutch Data Protection Authority (AP), according to the NL Times. They are involved in implementing the Digital Services Act (DSA), the European Union regulation on online ser…

IBM, Red Hat Commit $5 Billion To Secure Open Source Supply Chains

28.května
IBM and Red Hat are committing $5 billion to a new initiative called "Project Lightwell," which aims to secure open-source software supply chains with AI-assisted vulnerability discovery, triage, patch validation, and upstream maintenance. Longtime Slashdot reader wiggles shares a press release from IBM: IBM and Red Hat today announced Project Lightwell, a $5 billion commitment backed by new frontier AI capabilities and a global force of more than 20,000 engineers to help enterprises secure ope…

Robinhood Now Lets Your AI Agents Trade Stocks

28.května
Robinhood is launching beta support for a new feature that will let AI agents make payments and trade stocks on users' behalf. The company is also rolling out a virtual credit card for AI agents, with spending limits and approval controls. TechCrunch reports: Robinhood said users on its platform can now create a separate account for their AI agents and connect them to a dedicated wallet. While these agents would be able to read and analyze users' portfolios to come up with trading strategies an…
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