Michael Burry, famous for predicting the 2008 housing crash, is shutting down his hedge fund after placing billion-dollar bets against AI giants. His timing couldn’t have been worse as Nvidia and Palantir stocks continue soaring despite his short positions.
The Financial Times argues that current AI bubble concerns miss the mark. While valuations are stretched and data center investments are massive, we’re facing a capacity shortage, not a bubble collapse scenario.
Russia’s highly anticipated AI robot debut turned into a disaster when the humanoid machine collapsed and shattered on stage. The incident occurred at a Moscow technology showcase organized by the New Technology Coalition. Developers later attempted a second demonstration with the robot held up by a
NotebookLM has finally added support for Microsoft Word documents, eliminating the need for file converters. The AI tool is also rolling out Deep Research capabilities that can generate organized reports from hundreds of sources. These updates make working with personal documents and conducting rese
President Trump’s $300 million White House ballroom renovation is being funded by 37 donors including tech giants, crypto billionaires, and corporate interests. The incomplete list doesn’t include all contributors, and donation amounts remain undisclosed. Major tech companies with complicated Trump
German semiconductor company FMC has raised €100 million to develop memory chips that dramatically reduce AI data center energy consumption. The funding represents one of Europe’s largest semiconductor investments this year as the continent pushes for tech sovereignty.
Researchers at UT Austin have created artificial membrane channels that mimic biological systems to extract rare earth elements with unprecedented precision. The technology shows 40-fold preference for europium over other elements and could revolutionize how we source materials critical for EVs and
Samsung’s free streaming service TV Plus is adding content from former NASA engineer Mark Rober. The move expands the platform’s creator roster as it competes in the crowded streaming space.
Voice cloning company ElevenLabs is developing authorized AI replicas of celebrity voices including Michael Caine and Matthew McConaughey. The company previously faced controversy when its technology was used to create fake Joe Biden robocalls during primary elections.
A Russian humanoid robot called AIdol faceplanted during its public debut in Moscow. The incident occurred while Rocky theme music played in the background. Company CEO Vladimir Vitukhin called it a “successful mistake” that provides learning experience.
