According to Reuters, Tesla is planning a massive capital expenditure of over $20 billion in 2025, more than double last year’s spending. The investment will pivot away from traditional EVs, ending Model S and X production to focus on fully autonomous Cybercabs, Optimus humanoid robots, and battery
According to The Wall Street Journal, the U.S. economy is showing surprising strength in productivity and capital investment. The column also covers regulatory debates, a new Canada-China partnership drawing Trump’s ire, and a bizarre archaeological discovery.
The $19 trillion ETF industry is wrestling with a big question: should daily-traded funds hold private companies like SpaceX? One fund is going all-in, but major players like JPMorgan are hitting pause, citing serious liquidity concerns.
OpenAI is teaming up with government contracting giant Leidos to deploy its AI across federal agencies. The partnership aims to “transform federal operations,” focusing on national security and defense. It’s a major step in embedding commercial AI deep within the government’s machinery.
In an interview, Demis Hassabis said parts of the AI industry, like multi-billion dollar seed rounds for startups with no product, look unsustainable. He remains confident in Google’s position, highlighting Gemini’s growth and a focus on multimodal AI for real-world assistants.
Major software stocks have plunged at least 30% since early 2023, rocked by the rise of AI coding tools. The investor narrative has shifted from seeing AI as a tailwind to asking if it’s an existential threat to traditional software business models.
Reliance Jio Platforms is targeting an initial public offering in the first half of 2026, according to sources. The plan is to float just 2.5% of the company, which could still raise over $4.5 billion and become India’s largest-ever IPO. The move hinges on a regulatory change and would offer an exit
The traditional college-to-office pipeline is broken. With AI eating entry-level roles, a top Verizon hiring leader argues that retail and hospitality jobs are a strategic start, not a career dead end. She says the transferable skills are a huge plus that hiring managers actually love.
AXT has lowered its Q4 2025 revenue forecast, blaming fewer-than-expected export permits from China for its indium phosphide substrates. The company, however, insists underlying demand is strong and is planning a major capacity expansion.
The AI giants are pivoting to health care, with OpenAI rolling out HIPAA-compliant tools for hospitals and a consumer health chatbot. But the life-or-death stakes introduce massive new risks and regulatory hurdles that didn’t exist for coding assistants.
