Author: GT

The year is 2030. An “infamous mystery hacker” known as the Puppet Master is wreaking havoc on the internet, breaking into the so-called cyber-brains of several humans as well as “every terminal on the network.” As it turns out, the Puppet Master is a creation of Japan’s Ministry of Foreign Affairs.   In other words, the Puppet Master is what we would call today a government-backed hacker, or advanced persistent threat (APT). In this case, however, the “phantom” hacker goes rogue and is wanted for “stock manipulation, spying, political engineering, terrorism, and violation of cyber-brain privacy.” That is the basic premise…

Nvidia founder and CEO Jensen Huang struck a bullish tone in the company’s third-quarter earnings. And based on the company’s results, there may be reason to. Nvidia reported revenue of $57 billion in the third quarter, 62% higher compared to the same quarter last year. The company’s net income on a GAAP basis was $32 billion, 65% higher year-over-year. Both revenue and profit results beat Wall Street expectations. The revenue picture shows a company booming thanks largely to its data center business. Revenue generated by Nvidia’s data center business was a record $51.2 billion, up 25% from the previous quarter…

Autonomous electric tractor startup Monarch Tractor warned staff Thursday it may need to lay off more than 100 employees, or possibly even ‘shut down,’ according to a company-wide memo obtained by TechCrunch. The memo comes after Monarch Tractor was already cutting some positions over the last few weeks at its California corporate facilities and remote teams in India and Singapore, according to multiple former employees who spoke with TechCrunch on the condition of anonymity. Monarch Tractor was founded in 2018 by a team that included a former top executive at Tesla’s first gigafactory and Carlo Mondavi, a scion of the…

Traditional painted houses overlooking sea ice in the Old Nuuk district near the Sermitsiaq mountain in Nuuk, Greenland, on Thursday, April 3, 2025.Bloomberg | Bloomberg | Getty ImagesA global scramble to exploit the Arctic’s untapped resources appears to be kicking into overdrive.In a push to break China’s mineral dominance, countries around the world are increasingly turning to the thawing and sparsely populated northern polar region, seeking to seize its raw materials and benefit from new commercial trade routes. U.S. President Donald Trump, for example, has repeatedly underscored the importance of Greenland, a vast Arctic territory, calling U.S. ownership of the…

AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes in the Los Angeles Lakers and the new Cadillac F1 racing team. The firm also has a $15 billion fund to invest in AI anchored by Abu Dhabi’s Mubadala Capital. TWG previously invested in a partnership with Elon Musk’s xAI and Palantir to sell AI…

Hugging Face co-founder and CEO Clem Delangue says we’re not in an AI bubble, but an “LLM bubble” — and it may be poised to pop. At an Axios event on Tuesday, the entrepreneur behind the popular AI platform and community site agreed that bubble talk is today’s “trillion-dollar question,” but said he doesn’t believe AI’s future is at risk if the bubble bursts. Instead, as Delangue sees it, it’s large language models (LLMs) — like those powering ChatGPT, Gemini, and other chatbots — that are receiving outsized attention, and that attention may not last. “I think we’re in an…

Tesla received a ride-hailing permit this week from Arizona regulators, opening the door for the automaker to begin operating a robotaxi service in the state. A spokesperson with Arizona Department of Transportation (ADOT) told TechCrunch the automaker applied for a Transportation Network Company (TNC) permit on November 13. Tesla met the requirements to operate as a TNC and is permitted as of November 17, according to ADOT. The permit is the final regulatory step to launch a robotaxi service in Arizona, a state that has become a hub of autonomous vehicle technology testing and development. Waymo, the Alphabet-owned self-driving company and the…

Venture capital firm Atomico’s annual State of European Tech report is out and it shows investment is trending upwards. But this year’s edition goes beyond the usual assessment of the tech ecosystem; it has become a piece of advocacy that reflects a broader shift: European startups and investors are increasingly turning to lobbying. “It’s no longer enough to show how far we’ve come. It’s critical, too, that we use those insights to point the way forward,” said the report’s author, Tom Wehmeier, who is also a partner at Atomico and the firm’s head of intelligence. This includes four policy recommendations…

The Trump administration announced Tuesday it would provide Constellation Energy with a $1 billion loan to restart a nuclear reactor at Three Mile Island. The energy company said last year it would reopen the reactor, which had been shuttered since 2019, after Microsoft committed to purchasing all the electricity from the 835 megawatt power plant for two decades. Constellation estimated the project would cost $1.6 billion, and it expects to complete the refurbishment in 2028.  Terms of Microsoft’s deal with Constellation weren’t disclosed. Analysts at Jefferies have estimated the tech company might be paying about $110 to $115 per megawatt-hour…

The Jeep Recon, an all-electric SUV with an estimated 250 miles of range, is here, and I couldn’t be more surprised. Here’s why. Three years ago, Jeep unveiled how it was reshaping its portfolio with the launch of three EVs — two of which were bound for the North American market by 2024. The all-electric Jeep Recon and Wagoneer S models were part of the brand’s plan to dominate the electrified SUV market. At the time, parent company Stellantis was aiming for EVs to make up half of Jeep’s sales in North America — and all of its sales in…