Trillion Dollar Club Archives - Page 3 of 15

FridayApr 10, 2026 10:00 am

Intel Joins Elon Musk in Terafab Project

Last month, Elon Musk announced an ambitious project that will produce semiconductors. According to his plans, the facility will be integrated and will perform all processes from designing the AI chips, making those chips, producing HBM memory and manufacturing advanced chip packaging solutions. All these processes will happen under one roof. The project is jointly owned by Musk’s companies SpaceX, Tesla and xAI. It has now come to light that Intel will also be involved. Musk revealed that the target is for the Terafab project to manufacture one terawatt of computing capacity each year. Depending on how one looks at…

ThursdayApr 09, 2026 10:00 am

US and Iran Announce Temporary Ceasefire to Allow Negotiations

On Tuesday evening, the United States and Iran agreed to temporarily halt their war. This ceasefire is conditional and includes ending the closure of the Strait of Hormuz. The deal was brokered by Pakistan as the deadline imposed by Trump before attacks on energy infrastructure in Iran would begin neared an end. Trump announced the deal just two hours before the deadline he imposed was due to expire. Trump’s threats to target energy infrastructure and flatten Iran have been described by legal scholars, the pope and top officials in different countries as potential war crimes. Despite this opposition, America had…

TuesdayApr 07, 2026 10:00 am

Israel Uses AI to Upgrade its Public Alert System

Civil defense authorities in Israel have been working to improve the alert system depended upon to get people into shelters before incoming projectiles hit. AI is playing a key role in improving that alert system. During the June 2025 war with Iran that lasted 12 days, any incoming missile led the city-wide alert system to sound and send residents scampering for cover. This could happen multiple times each day, and this would be very stressful for the people. Authorities have been working to improve the alert system so that only those at risk during a particular attack can be notified…

MondayApr 06, 2026 10:00 am

Oracle Lays Off Thousands, Ramps Up AI Spending

American tech firm Oracle is letting go of thousands of its employees as the company ramps up its investment in AI to compete with other Big Tech companies like Amazon and Alphabet in the cloud computing segment. Writing on LinkedIn, Michael Shepherd, one of the senior managers at the company, revealed that architects, senior engineers, program managers, technical specialists and operations leaders were affected by the cuts. These employees possessed skills in enterprise systems, cloud infrastructure and sovereign/government cloud environments, he added. The job losses come at a time when the $420 billion market cap tech firm is working to…

ThursdayApr 02, 2026 10:00 am

Could the War in Iran Cause the AI Bubble to Burst?

The ongoing Iran war has led many AI industry watchers and investors to start getting concerned about whether this conflict could push the industry over the edge and cause what many call “the AI bubble” to burst. Several developments have led these grim predictions to seem credible to many. The first point of weakness is the huge power appetite of the AI industry. Data centers consume enormous amounts of energy, and their energy demand has led some communities to push back against the construction of these facilities in their backyard. Oil prices have skyrocketed as a result of disruptions to…

TuesdayMar 31, 2026 10:00 am

Michelin Creates New Tires Capable of Boosting EV Range

Electric vehicle manufacturers are constantly seeking ways to boost how far their models can go on a single charge, and a French tire maker has just come up with new tires that they say can boost EV range. Vehicle makers usually focus on coming up with more powerful batteries and motors to increase range, but the innovation by Michelin is taking the quest for extra range in a different direction. The company’s Primacy 5 Energy tires are lauded as a big game-changer in EV range. Michelin says these new tires slash the stopping distance by 8% under wet road conditions…

FridayMar 27, 2026 10:00 am

Arizona Residents Mobilize to Resist Data Centers Proliferating in Their Communities

As tech firms race to expand their data center footprint across the U.S., residents are uniting to fight back against such a build-out, citing the adverse effects that such projects have on the environment and their communities. Locals in Arizona have become particularly vocal in their opposition to the mushrooming data centers in their communities. Residents say that these industrial facilities being constructed by tech firms consume enormous amounts of water and electricity, yet the state and the broader Southwest part of the country already suffers from scarcity of these resources due to the severe droughts that plague this region.…

ThursdayMar 26, 2026 10:00 am

Court Starts Hearing Anthropic’s Lawsuit Against the Pentagon

On Tuesday, AI firm Anthropic faced off with the U.S. Department of Defense in a federal court as the tech firm sought a temporary injunction against the decision by the DoD to stop the U.S. military and any contractors working with the government from using artificial intelligence tools developed by Anthropic. This comes amid an escalating rift between the two parties after Anthropic declined to have its tools used to conduct mass surveillance within the U.S. and leverage the company’s AI in combat-linked tasks like autonomous weapons targeting. The company insisted that it wasn’t willing to remove the guardrails it…

TuesdayMar 24, 2026 10:00 am

AI Adoption in Health Care Could Worsen Public Distrust

A study published after Anthropic and OpenAI each unveiled dedicated AI initiatives for use in health care found that ChatGPT’s Health chatbot exhibited a 50% likelihood to give erroneous advice by recommending that users delay seeking care and yet the situation actually warranted immediate attention. Such a high error rate wasn’t flagged prior to the rollout of the chatbot, and such an omission brings to light the mistake in the uptake of new tech systems without first subjecting them to rigorous testing by health authorities to ascertain the extent to which they can be relied upon. Mistakes subsequently made as…

FridayMar 20, 2026 10:00 am

Tech Stocks in Asia Sink as Attacks in Qatar Rattle Investors

Tech investor sentiment was rattled after Iran targeted Ras Laffan, an industrial city in Qatar that houses critical oil infrastructure and natural gas export facilities. As concerns about supply chains pivotal to the tech industry grew, tech stocks in Asia took a beating during the day’s trading on Thursday. Samsung Electronics stock slipped by 1.8% while SK Hynix slid by 2.23%. Seoul Semiconductor saw its shares decline by 2.53%. In Japan, the situation wasn’t any different. Advantest slid by more than 4% and Tokyo Electron declined by 1.99%. In China, MiniMax slipped by 10% while Knowledge Atlas recorded an 8%…

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