Technology

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The US government and the AI industry are both betting on debt. They are drawing from the same pool.

The United States government now owes more than the country produces. Data released by the Bureau of Economic Analysis on 30 April showed that debt held by the public stood at $31.27 trillion at the end of March, while nominal GDP over the preceding 12 months was $31.22 trillion, pushing the ratio to 100.2 per […]

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Zuckerberg tells Meta employees the layoffs are about capex, not AI productivity

At a Thursday town hall, the Meta CEO made the explicit trade-off he had previously left implicit: ‘We basically have two major cost centres in the company: compute infrastructure and people-oriented things.’ The chief people officer also declined to rule out additional layoffs Meta CEO Mark Zuckerberg attributed the company’s upcoming layoffs to its rising […]

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OpenAI-backed 1X opens California factory targeting 10,000 home humanoid robots in year one

The Norway-founded company’s vertically integrated NEO factory in Hayward marks the first US-scale push to put a general-purpose humanoid robot into private homes, with shipments planned this year and a competitive field that is already crowded 1X Technologies has opened a 58,000-square-foot manufacturing facility in Hayward, California, to produce its NEO humanoid robot at consumer […]

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Meta cancelled the contract with the people who saw what its glasses see

In February 2026, workers at Sama, a Nairobi-based outsourcing company contracted by Meta, told Swedish newspapers Svenska Dagbladet and Göteborgs-Posten that they had been reviewing footage captured by users of Meta’s Ray-Ban smart glasses. The footage included people having sex, going to the toilet, undressing, and handling bank details. The workers’ job was to label […]

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