China Launches World’s Largest 600 MW Compressed-Air Energy Storage Plant
China activates world’s largest compressed-air storage plant in Jiangsu with 600 MW capacity powering 600,000 homes annually using underground salt caverns.
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Bessent Rules Out Dollar-Yen Intervention as Currency Drops 1.6%
Treasury Secretary Scott Bessent rules out dollar-yen intervention, sending Japanese currency down 1.6% to 153.55 per dollar amid election pressures.
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AWS Exec’s Email Error Exposes Amazon’s 16,000-Job Layoff Plan Early
Amazon accidentally revealed 16,000 layoffs via premature email from AWS exec Colleen Aubrey, confirming Project Dawn cuts across US, Canada, and Costa Rica offices.
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MIT Engineers Achieve 99% Accuracy With Heat-Powered Silicon Chips
MIT engineers developed porous silicon chips achieving 99% accuracy in heat-powered computing, using waste heat for matrix multiplication fundamental to machine learning.
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Microsoft Loses $357 Billion in Market Value as AI Spending Spooks Investors
Microsoft lost $357 billion in market value Thursday, the second-largest single-day loss in U.S. history, as record AI spending and slowing Azure growth spooked investors.
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Apple Acquires Israeli Audio AI Startup Q.ai in Second Deal With PrimeSense Founder
Apple acquires Israeli AI startup Q.ai for $2 billion, gaining silent speech technology that reads facial movements—founder’s second sale to Apple.
