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GM reports better-than-expected earnings for the second quarter and reveals plans for gas-powered Cadillacs as its nearly $11 billion retreat from electric vehicles approaches completion.

GM reports better-than-expected earnings for the second quarter and reveals plans for gas-powered Cadillacs as its nearly $11 billion retreat from electric vehicles approaches completion.

GM surpassed Wall Street expectations by 37 cents per share and increased its full-year forecast, subsequently revealing new gas-powered Cadillacs set to debut in spring 2027. GM surpasses Q2 earnings expectations and reveals plans for gas-powered Cadillacs as its nearly $11 billion retreat from electric vehicles approaches completion.

GM surpasses Q2 earnings expectations and reveals plans for gas-powered Cadillacs as its nearly $11 billion retreat from electric vehicles approaches completion.

GM exceeded Wall Street expectations by 37 cents per share and adjusted its full-year guidance upward, subsequently revealing plans for new gas-powered Cadillacs set to launch in spring 2027. Aligned Data Centers was sold for $40 billion in a record-setting transaction.

Aligned Data Centers was sold for $40 billion in a record-setting transaction.

A consortium formed by BlackRock and MGX has finalized its $40 billion acquisition of Aligned Data Centers, marking the largest deal in history, and subsequently invested an additional $5 billion to enhance AI capabilities. Aligned Data Centers was sold for $40 billion in a historic transaction.

Aligned Data Centers was sold for $40 billion in a historic transaction.

A consortium formed by BlackRock and MGX successfully completed its $40 billion acquisition of Aligned Data Centers, marking the largest deal to date, and subsequently invested an additional $5 billion to enhance AI capabilities. London-based robotics startup Humanoid has secured $152 million in its Series A funding round, with Bosch poised to produce its wheeled robots on a large scale.

London-based robotics startup Humanoid has secured $152 million in its Series A funding round, with Bosch poised to produce its wheeled robots on a large scale.

Humanoid secured $152 million in funding, spearheaded by Prime Movers Lab, achieving a valuation of one billion dollars, and has Bosch as its contract manufacturer along with 34,000 reported pre-orders. London-based robotics startup Humanoid has secured $152 million in Series A funding, with Bosch poised to manufacture its wheeled robots on a large scale.

London-based robotics startup Humanoid has secured $152 million in Series A funding, with Bosch poised to manufacture its wheeled robots on a large scale.

Humanoid secured $152 million in funding, spearheaded by Prime Movers Lab, achieving a valuation of one billion dollars. Bosch is serving as the contract manufacturer, and there are reported pre-orders totaling 34,000.

Intel Foundry secures its first named client: Fortinet.

Fortinet plans to produce its next security chip in an Intel fabrication facility, marking Intel's first named foundry client under Lip-Bu Tan. It's a genuine win, though not a major one.

Intel Foundry secures its first named client: Fortinet.

Fortinet will manufacture its upcoming security chip in an Intel fabrication facility, marking Intel's first named foundry client under Lip-Bu Tan. It's a significant achievement, though not the largest. Big Tech is concealing $1.65 trillion in AI liabilities that are off the balance sheet.

Big Tech is concealing $1.65 trillion in AI liabilities that are off the balance sheet.

A Nikkei study revealed that Alphabet, Microsoft, Amazon, Meta, and Oracle hold $1.65 trillion in off-balance-sheet debt for AI, exceeding their reported figures. This practice is entirely legal. Major tech companies are concealing $1.65 trillion in AI-related debt that isn't reflected on their balance sheets.

Major tech companies are concealing $1.65 trillion in AI-related debt that isn't reflected on their balance sheets.

A Nikkei study revealed that Alphabet, Microsoft, Amazon, Meta, and Oracle have $1.65 trillion in off-balance-sheet debt related to AI, exceeding their reported figures. This practice is entirely legal. Eight NATO member countries initiate HALO, a strategy to connect military satellites into a singular, integrated mega-constellation.

Eight NATO member countries initiate HALO, a strategy to connect military satellites into a singular, integrated mega-constellation.

At the Ankara summit, NATO allies initiated HALO to connect national military satellites for communication, intelligence, and missile tracking throughout the Alliance. Vibecoded applications are overwhelming Apple's App Store, and users are becoming increasingly frustrated with them.

Vibecoded applications are overwhelming Apple's App Store, and users are becoming increasingly frustrated with them.

This year, submissions to the App Store have increased twofold, thanks to AI tools simplifying the development process. However, download rates haven't matched this growth, as users are becoming fatigued from sifting through low-quality, AI-generated applications. Vibecoded applications are overwhelming Apple’s App Store, and users are growing tired of them.

Vibecoded applications are overwhelming Apple’s App Store, and users are growing tired of them.

Submissions to the App Store have increased twofold this year due to the ease of development with AI tools, but downloads have not matched that growth, as users are becoming frustrated with the abundance of low-quality, AI-generated apps. Google introduces Gemini 3.6 Flash along with a competitor to Mythos.

Google introduces Gemini 3.6 Flash along with a competitor to Mythos.

Google has introduced Gemini 3.6 Flash, 3.5 Flash-Lite, and a cyber model targeting Anthropic’s Mythos, though its main model, the 3.5 Pro, remains delayed. There are hints about Gemini 4.

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