Oilfield service companies are moving into the data center business by supplying power and cooling tech as demand from traditional drilling customers weakens (Martha Muir/Financial Times)
In a letter, Rocket Internet minority shareholder Scherzer & Co accuses the company of marking down startup valuations to buy out backers at "bargain prices" (Financial Times)
Sources detail Mark Zuckerberg's all-in bet to make Meta an AI leader, with some saying Alexandr Wang finds Zuckerberg's micromanagement of AI work suffocating (Financial Times)
China approves two cars from state-owned automakers with Level 3 autonomous capabilities, the first such approvals; the cars can drive in Chongqing and Beijing (Reuters)
Global smartphone shipments in 2026 are set to shrink 2.1% due to rising memory costs, led by Chinese OEMs; DRAM price surges are set to raise costs by 10%-15% (Counterpoint Research)
How the rise of AI has divided Hollywood, as some oppose the use of the technology while others say they are exploring ways to utilize AI tools (Lucas Shaw/Bloomberg)
AI image generators like Nano Banana have increased realism by mimicking phone camera traits in contrast, exposure, and sharpening to avoid the uncanny valley (Allison Johnson/The Verge)