Memory giant Micron is shuttering its nearly three-decade-old consumer business saying on Wednesday it would rather focus on selling its memory and storage products to AI companies.
Why it matters: It's the latest sign of company pivoting to take advantage of the AI boom, but could also lead to even higher prices for consumers who want to upgrade their computers.
Nvidia CEO Jensen Huang said his company is the only one in the world whose business model is fully driven by technology, rather than by social media or advertising, he said on a new episode of "The Joe Rogan Experience."
Why it matters: Huang is emphasizing his company as the central player in the AI race as competition heats up.
Archer Aviation plans to create an electric air taxi network in south Florida by linking regional airports with properties owned by Miami Dolphins owner and real estate developer Stephen Ross.
Why it matters: Traffic in Miami, one of the fastest-growing metropolitan regions in the U.S., can be a nightmare.
December's full Moon arrives this week with extra oomph and an appropriately frosty name — the Cold Supermoon — to match the season.
Why it matters: For skywatchers, photographers and people who love the night sky, Moon watching is one of the easiest ways to enjoy a celestial event — no telescope or expertise required.
CNN has struck a partnership with Kalshi, the world's largest global prediction market company, bringing Kalshi's data to its journalism across its television, digital and social channels, executives tell Axios.
Why it matters: The collaboration marks the first major news partnership for Kalshi, as it looks to establish itself as the most authoritative source of information about the real-time probabilities of major cultural and political future events, CEO and co-founder Tarek Mansour tells Axios.
Pressure from President Trump to block state-level AI regulation is falling short on Capitol Hill.
Why it matters: The White House and Hill allies have landed on an AI preemption proposal and are pressing ahead, but time is running out and opposition is mounting.
Private equity firm Torque Capital Group has acquired Joe Gibbs Manufacturing Solutions, a maker of composites and assemblies for aerospace and defense applications, from Joe Gibbs Racing.
Why it matters: It's not often that you see a manufacturer pivot from race cars to rockets.
