The Geography of Innovative Firms
Summary A new paper featured on NBER examines how innovative firms in the U.S. often operate R&D facilities across multiple local markets. This geographic structure plays a critical role in…
Germany Is Building the World’s Tallest Wind Turbine
Germany Is Building the World’s Tallest Wind Turbine Germany is set to construct the world’s tallest wind turbine, reaching an impressive overall height of 300 metres (about 365 metres including…
Intel Layoffs Exceed 5,000 Across US
Summary Intel is making significant cuts, laying off over 5,000 employees across California, Oregon, Arizona, and Texas. The layoffs, driven by challenging market conditions, have been particularly pronounced in Santa…
Scale AI Lays Off 200 Employees: ‘We Ramped Up Our GenAI Capacity Too Quickly’
Summary Scale AI has announced that it is laying off 200 employees, which amounts to around 14% of its workforce, along with 500 contractors, as part of a major restructuring…
Linux Reaches 5% On Desktop
Linux has achieved a remarkable milestone, officially surpassing 5% of desktop market share in the USA according to StatCounter data collected in June 2025. This milestone demonstrates significant growth for…
Stellantis Abandons Hydrogen Fuel Cell Development
Stellantis Abandons Hydrogen Fuel Cell Development Stellantis, the automotive giant, has decided to halt the development of their hydrogen fuel cell electric vehicles (FCEVs), which were intended for production this…
Google’s AI Can Now Make Phone Calls
Google has introduced a new feature that allows users in the US to call local businesses using AI technology. This feature, available through Google Search, lets users inquire about pricing…
WeTransfer Backtracks on Terms Suggesting User Files Could Train AI Models After Backlash
WeTransfer Backtracks on Terms Suggesting User Files Could Train AI Models After Backlash WeTransfer has reversed controversial terms of service changes after users protested language suggesting uploaded files could be…
Meta used AI to concoct low-carbon concrete it poured for a datacenter floor
Meta used AI to concoct low-carbon concrete it poured for a datacenter floor Social media giant Meta has created an AI model to develop low-carbon concrete and has implemented one…
OpenAI Says It Will Use Google’s Cloud For ChatGPT
OpenAI Says It Will Use Google’s Cloud For ChatGPT OpenAI has announced that it will incorporate Google Cloud as a service provider for ChatGPT and its API, reflecting the rising…