Tesla is ending production of the Model S sedan and Model X SUV, CEO Elon Musk announced Wednesday during the company’s quarterly earnings call. The company will make the final versions of both electric vehicles next quarter, he said, adding that his company will offer support for existing Model S and Model X owners “for as long as people have the vehicles.” “It’s time to basically bring the Model S and X programs to an end with an honorable discharge, because we’re really moving into a future that is based on autonomy,” he said. “So if you’re interested in buying…

Microsoft and OpenAI may have a notoriously rocky relationship but as OpenAI experiences never-before-seen revenue growth, Microsoft, one of its major investors, is benefiting greatly. When the software giant reported its latest quarterly earnings on Wednesday, it dropped this rather large nugget in: Its net income increased by $7.6 billion from its investment in OpenAI. OpenAI reportedly has a 20% revenue share agreement with Microsoft (though neither company has ever publicly confirmed that). The software giant has invested more than $13 billion in the AI lab, which is currently looking to raise additional funding at a valuation between $750 billion…

Earlier this month, Meta laid off 10% of the staff for Reality Labs, its virtual reality unit, reportedly cutting as many as 1,000 employees. Now, in a development that seems directly related, the company has revealed that the unit lost many billions of dollars last year. On Wednesday, Meta’s earnings report showed that its embattled virtual reality business had lost some $19.1 billion in 2025, which is slightly more than it lost in 2024 (that year, the losses hovered around $17.7 billion). In its fourth quarter, the unit posted a loss of $6.2 billion, the report shows. Those losses stood…

For the last several months, nuclear startups have been raising large sums of money — well over $1 billion so far. Data centers and their thirst for electricity have been one driving force. But recent changes to federal nuclear safety policies could be another accelerant that helps clear the way for speedy reactor development and at a potential cost to human and environmental health. The Trump administration has quietly changed how the Department of Energy oversees the safety and security of nuclear power plants built on its properties, according to a report from NPR. About a third of the rulebook has…