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From Roombas to e-bikes, why are hardware startups going bankrupt? 

The hardware world had a brutal week, with iRobot, Luminar, and Rad Power Bikes all filing for bankruptcy.  Each company faces its own mix of tariff pressures, supply chain issues, and shifting markets, but together they tell a larger story about the challenges of building physical products in an era of global trade tensions and cheap overseas competition. From […]

AI, Amazon, Energy, Environment, Google, Meta, Microsoft, News, Policy, Science, Tech, Tech News

Democratic lawmakers are investigating data centers’ impact on electricity costs 

Sens. Elizabeth Warren (D-MA), Chris Van Hollen (D-MD), and Richard Blumenthal (D-CT) fired off a letter on Tuesday to Google, Microsoft, Amazon, Meta, and several major data center developers to investigate the impact they’re having on Americans’ utility bills. The move comes as rising electricity rates became an increasingly hot-button issue in the US, which […]

AI, Amazon, News, Tech, Tech News

Amazon has a new leader for its ‘AGI’ group as it plays catch-up on AI

Amazon’s head of artificial general intelligence (AGI), Rohit Prasad, is leaving the company next year as it reaches an “inflection point” in its development of the technology, CEO Andy Jassy announced on Wednesday. As part of the change, Peter DeSantis, a senior vice president at Amazon Web Services, will helm a new division focused on […]

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