Saks Global is on the verge of bankruptcy, missing a $100 million debt payment. CEO Marc Metrick has resigned, replaced by executive chairman Richard Baker, who has a history of retail failures. The company’s troubles are mounting with unpaid vendors and an executive exodus.
Neuralink is planning a massive shift from clinical trials to automated production. Elon Musk announced the goal to begin high-volume manufacturing of brain-computer interfaces in 2025 and achieve fully automated surgery by 2026. This follows human trials that started in 2024.
For the fourth year running, major banks generated more revenue from financing green projects than from fossil fuel deals. The data shows a stark reversal from just five years ago, driven by surging demand for energy transition capital.
After a 2025 rally focused on AI data center chips, Loop Capital analyst Gary Mobley is spotlighting two laggards for a comeback. He sees Synopsys jumping 28% and ON Semiconductor surging 38.5% this year as growth broadens.
As companies like HP tie billions in savings directly to AI and thousands of layoffs, politicians are scrambling to respond. New laws aim to force transparency, but real-world enforcement is messy. The debate is creating unexpected political bedfellows.
The future of a reliable power grid isn’t just about big power plants anymore. It’s about a complex, intelligent network of distributed energy resources, from home batteries to virtual power plants, all managed by advanced software. This shift is attracting massive investment and changing how utilit
The cyber threats facing our power grids, water systems, and transportation networks are escalating dramatically. New reports show near-universal breaches and a dangerous convergence of old technology and new, cloud-based attacks.
According to Phoronix, AMD’s open-source Linux driver team has laid out a roadmap for 2026 focused on improving support for older “Southern Islands” through “Polaris” generation GPUs. The plan includes enabling key Vulkan features, fixing lingering bugs, and retiring legacy code to ease long-term ma
NVIDIA appears to be expanding its Blackwell GPU family with five newly spotted PCI IDs. The additions include one GB110 and the new GB112 and GB120 chips, likely targeting data centers, not gamers.
Peter Thiel’s investment firm has opened a new Miami office, solidifying his move to Florida. The announcement comes as California weighs a one-time 5% wealth tax on billionaires, which could generate $100 billion for the state but risks driving its wealthiest residents away.
