Nvidia Ramps Up Open – Source Tech: Acquires AI Software Firm SchedMD
December 16, 2025 – On Monday local time, Nvidia, the well – known chip design behemoth, made a strategic move by announcing the acquisition of artificial intelligence software company SchedMD. This acquisition is a clear indication of Nvidia’s enhanced commitment to open – source technology and a further step in its intensified investment in the…
Luminar Files for Bankruptcy, Lidar Business Up for Sale Amid Financial Turmoil
December 16, 2025 – American lidar sensor manufacturer Luminar Technologies Inc has filed for bankruptcy shortly after losing a major contract with Swedish automaker Volvo Car AB, according to reports. The Orlando-based company submitted a Chapter 11 bankruptcy petition in the U.S. Bankruptcy Court for the Southern District of Texas on Monday local time. In…
PayPal Bids Farewell to Middlemen, Embarks on Building Its Own Bank
December 16, 2025 – PayPal, the well – known payment giant, has put forward an application to the regulatory authorities in Utah and the Federal Deposit Insurance Corporation (FDIC) in the United States. The company is seeking permission to establish a licensed industrial bank in Utah. The main objective behind this move is to gain…
Intel Set to Acquire SambaNova by January 2026 at $1.6 Billion Including Debts
December 15, 2025 – According to a report by Bloomberg on the 12th of this month local time, Intel is in advanced negotiations with AI chip firm SambaNova regarding a potential acquisition deal, with the transaction potentially being finalized as early as next month. However, the situation remains fluid as SambaNova has also inked letters…
OpenAI: Human Typing Speed to Be a Stumbling Block for AGI Development
December 15, 2025 – According to a report from Business Insider today, Alexander Embiricos, the product head of OpenAI Codex, made an appearance on Lenny’s Podcast yesterday to engage in a discussion about the future form of AI with the audience. Alexander pointed out that human typing speed would become a bottleneck for the development…
Porsche Unveils: Apple Car Key Support for 2026 Electric Macan & Cayenne
December 12, 2025 – According to a recent post by tech media outlet Appleinsider on December 11, Porsche has officially announced that its two all-electric models, the Cayenne and Macan, set to be launched in 2026, will support Apple Car Key. Although Porsche had long been on the list of automakers supporting this technology, it…
Rockstar Games Maintains 34 Employee Sackings Are Union – Unrelated, Policy – Breaking
December 12, 2025 – Yesterday, Eurogamer, a well – known gaming media outlet, reported that Rockstar Games (R – star) had issued another statement regarding the incident where 34 employees were fired in the UK and Canada last month on the grounds of alleged leaks. Last month, R – star was accused of suppressing trade…
OpenAI’s Altman Says Gemini 3 Impact Exaggerated, “Red Alert” Lifting in Jan
December 12, 2025 – On Thursday local time, OpenAI unveiled its latest artificial intelligence mega – model, GPT – 5.2, in a bid to counter the rising challenge posed by Google’s Gemini 3. Faced with the looming threat from Gemini 3, OpenAI’s CEO Sam Altman sounded the “red alert” within the company, rallying resources to…
Tesla’s November US Sales Hit Near Four-Year Low Amid Weak Performance of Affordable Models
December 12, 2025 – According to data from automotive research firm Cox Automotive, as reported by Reuters, Tesla witnessed its lowest U.S. sales in almost four years in November, despite the launch of its new, more affordable models. The success of these new “Standard” low – priced models is of utmost importance for Tesla, serving…
European EV Industry Warns: Stick to 2035 Zero-Emission Target or Risk Falling Further Behind China
December 11, 2025 – A group of prominent leaders in Europe’s electric vehicle (EV) sector have urged the European Commission to uphold its 2035 target for zero-emission new cars, warning that any policy rollback could undermine investment confidence and widen the gap between Europe and China in the EV race. The European Commission is set…