The United States government is making an $8.9 billion investment in Intel, representing a 9.9 percent stake in the company, according to a press release the company published on Friday. The investment will be funded by $5.7 billion in grants Intel was awarded under the 2022 CHIPS Act and $3.2 billion the company was awarded… Continue reading The Trump-Intel Deal Is Official
Author: Wired Magazine
Kanye West Said Memecoins ‘Prey On Fans.’ Then He Apparently Launched One
Kanye West, the hip-hop artist who goes by Ye, appears to have launched his own cryptocurrency, YZY, sparking a riot of trading activity. In February, West rejected the idea that he might launch a crypto coin. “I’M NOT DOING A COIN,” he wrote, in a since-deleted post on X. “COINS PREY ON THE FANS WITH… Continue reading Kanye West Said Memecoins ‘Prey On Fans.’ Then He Apparently Launched One
Trump Is Betting Big on Intel. Will the Chips Fall His Way?
The US government is aiming to take an equity stake in Intel in exchange for grants the company was already committed to receive under the Biden era CHIPS Act, according to comments US commerce secretary Howard Lutnick made in an interview with CNBC. The move is part of the government’s efforts to boost US chip… Continue reading Trump Is Betting Big on Intel. Will the Chips Fall His Way?
Africa Is Buying a Record Number of Chinese Solar Panels
While overall sales to African countries are still small compared to these traditional export markets, the Global South appears to be at a turning point in how it thinks about energy. For decades, energy-starved countries largely had one default option when they wanted to add new power supply: import coal and gas. Now, for the… Continue reading Africa Is Buying a Record Number of Chinese Solar Panels
Do Large Language Models Dream of AI Agents?
During sleep, the human brain sorts through different memories, consolidating important ones while discarding those that don’t matter. What if AI could do the same? Bilt, a company that offers local shopping and restaurant deals to renters, recently deployed several million agents with the hopes of doing just that. Bilt uses technology from a startup… Continue reading Do Large Language Models Dream of AI Agents?
Nothing Beats Our Editors’ Favorite Office Chair, and It’s on Sale Now
Office chairs can be surprisingly expensive, easily breaking $1,000 for a seaworthy seat. The Branch Ergonomic Chair Pro, with a list price of just $500, beat out a number of expensive seats from some very recognizable chair makers to earn the top spot on our office chair roundup. For labor day, Branch is offering 10%… Continue reading Nothing Beats Our Editors’ Favorite Office Chair, and It’s on Sale Now
The PlayStation 5 Is About to Get More Expensive
Tech companies are continuing to feel the impact of President Donald Trump’s tariffs, this time in the gaming sector. Sony announced today that all editions of the PlayStation 5 will cost $50 more in less than 24 hours. New prices take effect August 21. Under Sony’s new pricing, a standard PlayStation 5 will cost $549.99,… Continue reading The PlayStation 5 Is About to Get More Expensive
PNY’s Overclocked RTX 5070 Ti Is Finally Selling at Retail
If you’ve been hunting for a new GPU, you already know that getting one for its suggested retail price isn’t guaranteed. High demand, low supply, and a constantly shifting economic space have caused the new 50 Series graphics cards to hit the market well above the expected price, at least at launch. Thankfully, the situation… Continue reading PNY’s Overclocked RTX 5070 Ti Is Finally Selling at Retail
Senate Probe Uncovers Allegations of Widespread Abuse in ICE Custody
A United States Senate investigation has identified more than 500 credible reports of human rights abuses in US immigration detention since January, including alarming allegations of mistreatment of pregnant women and children. As of late last month, the investigation—led by US senator Jon Ossoff, a Democrat of Georgia—had unearthed 41 cases of physical and sexual… Continue reading Senate Probe Uncovers Allegations of Widespread Abuse in ICE Custody
Highly Sensitive Medical Cannabis Patient Data Exposed by Unsecured Database
As legal cannabis has expanded around the United States for both recreational and medical use, companies have amassed troves of data about customers and their transactions. People who have applied for medical marijuana cards have had to share particularly personal health data to qualify. For some patients in Ohio who use medical weed, a recent… Continue reading Highly Sensitive Medical Cannabis Patient Data Exposed by Unsecured Database