Unitree shares fall 45% from their debut peak, wiping out $30bn
Unitree’s shares have fallen roughly 45% from the peak they hit on their first day of trading in Shanghai. The slide has turned a national success st…
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Australian data centres will use seven times more power by 2036
Australian data centres will take 13% of the country’s main electricity market by 2035-36, up from 3% today. That is almost a sevenfold rise in a dec…
The New York Times is testing AI summaries on readers
The New York Times has started showing readers text written by a machine. A new search page answers queries with excerpts, links to Times stories and…
Trump wants a $103,265 fee on new H-1B visas
The US Department of Homeland Security proposed a rule on Monday. It would charge employers $103,265 for a new H-1B visa. Daniel Wiessner reported th…
Claude outage hits multiple models again
Anthropic’s Claude AI is showing signs of overload again. On Monday morning, users trying to work with Claude encountered failed requests and a “529 …
Employers are quietly rehiring the people AI replaced, and paying them less to come back
Forrester reports that 55% of employers regret laying off workers for AI and expects half of AI-attributed layoffs to be quietly reversed, with jobs …
Nvidia AI server prices are rising more than 15% from early next year
Nvidia’s largest customers have been notified that servers containing its AI chips will rise in price by more than 15% in many cases from early next …