Ukrainian defense company SkyFall said Wednesday that it has developed an interceptor drone capable of shooting down Russian Shaheds, a class of much faster attack drone that Moscow uses more regularly. The P1-SUN JetKiller is designed with a maximum flight speed of 370 kmph or 230 mph, at maximum altitudes of 9,000 meters or approximately
Nearly 200 Silicon Valley companies, including Proton and Y Combinator, are urging the Trump administration not to cut off access to open-source Chinese AI models or risk crippling the next generation of American startups. On Wednesday, the newly formed Little Tech Association sent letters to President Donald Trump, Commerce Secretary Howard Lutnick and other members
French animation and visual effects company STIM, whose credits include “The Wild Robot,” “The Garfield Movie” and “Coyote vs. Acme,” is opening a production center in Spain’s Canary Islands, with plans to create more than 100 jobs as it expands its European operations. STIM Tenerife will begin operations in August and expects to employ 60
Tesla has some numbers to tout its progress on Robotaxi. CEO Elon Musk and other executives said during Tesla’s second-quarter earnings conference call Wednesday that the company continues to expand its autonomous ride-sharing platform, adding more cities and more unattended rides. Since Tesla first launched Robotaxi in June 2025 with a small fleet of Model
The bill for Google’s AI overspending is yet to come. Google said Wednesday that its second-quarter free cash flow turned negative by $5.9 billion, as the company’s capital spending continues to rise. It’s the first time the company has reported negative free cash flow in decades, according to AlphaSense, a sign of how much money
Google’s latest earnings call offered a familiar message: AI is driving growth and also getting more expensive. On Wednesday, Alphabet reported second-quarter revenue of $119.8 billion, up 24% from a year earlier, while Google Cloud posted another successful quarter as businesses rushed to adopt AI. At the same time, executives made clear that the company
