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Tesla is killing off its Model S and X cars to make robots

Engadget

It will stop producing the two models next quarter. Tesla will "basically stop the production" of its Model S and X electric vehicles next quarter, CEO Elon Musk has announced at the automaker's earnings call for the 2025 fiscal year. "It's time to bring the Model S and X program to a end with an honorable discharge, because we're really moving into a future that's based on autonomy," Musk said. You can still buy the vehicles as long as there are units to be sold, and Tesla promises to support them for as long as people have them. Once they're gone, though, they're gone for good, because Tesla is converting their production space in the company's Fremont factory into a space for the manufacturing of Optimus humanoid robots.


Facebook-owner to nearly double AI spending this year

BBC News

Meta boss Mark Zuckerberg plans to ramp up spending on artificial intelligence (AI) projects this year, even as other executives warn of a potential bubble in the industry. During a call with financial analysts on Wednesday to discuss the Facebook-owner's 2025 financial results, the company said it expects to spend up to $135bn (£97bn) this year, mostly on infrastructure related to AI. That is nearly twice the $72bn Meta spent last year on AI projects and infrastructure. In the last three years, the technology giant has spent roughly $140bn in an attempt to get ahead of the AI boom. Zuckerberg said on Wednesday that he is expecting 2026 to be the year that AI dramatically changes the way we work.


Mamdani adviser, Warren in the hot seat as collapse of Roomba maker shifts data to China

FOX News

Sen. Elizabeth Warren and Biden FTC Chair Lina Khan are facing backlash after regulatory opposition helped derail Amazon’s bid for iRobot, resulting in the Roomba maker falling into Chinese ownership.


Trump Media to merge with nuclear fusion company to power AI

Al Jazeera

Has Trump failed to sell the Iran war to the world? Are US-Israeli attacks against Iran legal? Why did Trump fire Kristi Noem as DHS secretary? United States President Donald Trump is getting into the fusion power business through a $6bn merger of his social media firm and Google-backed TAE Technologies, just days after industry representatives urged federal funding. The all-stock deal, announced on Thursday, is an ambitious bet on the power boom spurred by artificial intelligence (AI) data centres and adds to the Trump family's growing roster of diverse ventures from cryptocurrency to real estate holdings and mobile services.


iRobot has filed for bankruptcy and may be taken over by its primary supplier

Engadget

After Amazon's acquisition of the Roomba-maker fell apart, it ran out of options. The Massachusetts-based company plans to sell all assets to its primary supplier, a Chinese company known as Picea Robotics. If approved by a bankruptcy court, the move would allow iRobot to continue operating in the ordinary course, pursue its product development roadmap, and maintain its global footprint, iRobot wrote in a press release. The company expects the deal to close in February 2026, but says it will continue to operate with no anticipated disruption to its app functionality, customer programs, global partners, supply chain relationships or ongoing product support. That means your Roomba should continue to clean normally and you'll be able to get consumables and replacement parts.


Roomba vacuum cleaner firm files for bankruptcy

BBC News

The US firm behind the Roomba smart vacuum cleaner, iRobot, has filed for bankruptcy protection after facing competition from Chinese rivals and being hit by tariffs. Under the so-called pre-packaged Chapter 11 process, the main manufacturer of its devices, Shenzhen-based Picea Robotics, will take ownership of the firm. The tough commercial landscape had forced iRobot to cut its prices and make major investments in new technology, according to documents filed on Sunday. US import duties of 46% on goods from Vietnam, where most of iRobot's devices for the American market are made, increased its costs by $23m (£17.2m) this year, the firm said. The loss-making company was valued at $3.56bn in 2021 after the pandemic helped to drive strong demand for its products.


Meta's latest acquisition suggests hardware plans beyond glasses and headsets

Engadget

Meta's latest acquisition suggests hardware plans beyond glasses and headsets Limitless sold an AI wearable, and now the company will work on hardware for Meta. Meta has acquired Limitless, the maker of an AI-powered Pendant, to work on building consumer hardware for the company, the startup announced via a YouTube video and blog post . So far, Meta has focused on selling VR headsets and AI smart glasses . Now the company seems interested in branching out. Meta recently announced a new vision to bring personal superintelligence to everyone and a key part of that vision is building incredible AI-enabled wearables.


Buying Warner Bros. Gives Netflix What It's Always Needed: An Identity

WIRED

Buying Warner Bros. Gives Netflix What It's Always Needed: An Identity The $83 billion deal gives the streamer a century's worth of prestige television and movies, from Batman movies to . It also ends the streaming wars. In a deal to acquire Warner Bros. announced Friday, Netflix will be scooping up HBO's many titles, including Courtesy of HBO Close your eyes, think for a minute, and tell me: What is a Netflix Movie? OK, try again: What is a Netflix Show? Sure, it's easy to rattle off some killer titles--, --but Netflix has never really had a brand identity.


The Netflix and Warner Bros. deal might be great for shareholders, but not for anyone else

Engadget

The Netflix and Warner Bros. deal might be great for shareholders, but not for anyone else Hollywood does not need more consolidation. Netflix's $82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theaters were forced to close and audiences became even more comfortable with streaming films at home . The WGA and SAG-AFTRA strikes in 2023, which were driven by legitimate concerns around studio interest in generative AI, delayed production and promotion of many film and TV projects. And the rise of streaming content pushed many media companies towards taking on debt and unwise mergers (see: Warner Bros. Discovery), which led to higher subscription costs, layoffs and production belt-tightening.


Integration of LSTM Networks in Random Forest Algorithms for Stock Market Trading Predictions

arXiv.org Artificial Intelligence

The aim of this paper is the analysis and selection of stock trading systems that combine different models with data of different nature, such as financial and microeconomic information. Specifically, based on previous work by the authors and applying advanced techniques of Machine Learning and Deep Learning, our objective is to formulate trading algorithms for the stock market with empirically tested statistical advantages, thus improving results published in the literature. Our approach integrates Long Short-Term Memory (LSTM) networks with algorithms based on decision trees, such as Random Forest and Gradient Boosting. While the former analyze price patterns of financial assets, the latter are fed with economic data of companies. Numerical simulations of algorithmic trading with data from international companies and 10-weekday predictions confirm that an approach based on both fundamental and technical variables can outperform the usual approaches, which do not combine those two types of variables. In doing so, Random Forest turned out to be the best performer among the decision trees. We also discuss how the prediction performance of such a hybrid approach can be boosted by selecting the technical variables.