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Home > Latest

Lates News

date
03/07/2026
Both Brent and WTI crude oil prices rose by over 1% today, now standing at $68.72 per barrel and $71.98 per barrel, respectively.
Latest
4 m ago
Report: AI infrastructure encounters obstacles, Blackstone's QTS under quits Virginia data center construction project in the USA.
4 m ago
Analyst: Meta acknowledges that progress in AI has not met expectations, but it is not "throwing in the towel."
4 m ago
Analyst Adam Button stated that media reports cited an internal all-hands meeting message from Meta Platforms (META.O), in which CEO Mark Zuckerberg admitted that the development speed of the AI intelligent body in the past four months did not meet expectations. Meta has been in the spotlight this week due to recent reports suggesting that the company is considering selling excess computing power, leading to speculation that it may be withdrawing from the foundational model race. Meta has recently faced challenges with layoffs and reassignments impacting corporate culture, and has attempted to ease employee morale through relatively superficial measures such as providing snacks (comfort) and hosting hackathons (inspiring vitality). Zuckerberg confessed at the meeting that department restructuring "could have been more decisive"; executives had been concerned earlier in the year that "AI actions were not fast enough." However, Zuckerberg seems not yet ready to retreat, stating that the best results of the restructuring "have not been achieved" and still believes that the long-term trend is consistent with the direction of the restructuring. This does not sound like waving the white flag. After the latest media reports came out, Meta's stock price was briefly under pressure but then rebounded.
13 m ago
According to The Information, Tesla (TSLA.O) recently notified employees that starting from July 6, the internal AI computing power and model calling expenses limit will be set at $200 per week, with any excess requiring approval. Previously, engineers were racking up AI calling costs of thousands of dollars per week. Over the past six months, the company has been pushing for the integration of various AI models such as OpenAI, Anthropic, and xAI into the unified AI platform "Bottle Rocket" and gradually shifting towards company-wide control from decentralized usage. However, as the costs of implementing AI for customer service, sales, and automation processes quickly became evident, cost pressures have prompted the company to tighten its budget. This change reflects a trend where many companies are transitioning from encouraging the rapid growth of AI to controlling costs. Companies like Meta, Uber, and Walmart have also tightened their AI budgets. This is significant for Tesla because Elon Musk has emphasized that the future value of the company depends on AI products like Robotaxi and Optimus robots, rather than traditional car sales. Currently, Tesla's revenue has remained stagnant for two consecutive years.
25 m ago
Tesla company mentioned in a staff memo that it will control employees' AI expenses to no more than $200 per week.
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