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- Local car dealerships grow, die amid rise of auto mega-retailers
- Global DRAM supply is expected to meet only 60% of demand through 2027; memory will reach around 40% of low-end smartphone manufacturing costs by mid-2026, up from 20% currently (Nikkei Asia)
- Autonomous vehicle startups raised a record $21.4 billion through 34 deals through April 15, compared to $5.9 billion raised through 99 investments globally in all of 2025 (Mary Ann Azevedo/Crunchbase News)
- Some Mac Mini and Mac Studio models are unavailable or facing wait times of up to 12 weeks in the United States, with analysts citing strong demand from power users of AI agents (Nicole Nguyen/Wall Street Journal)
- What some executives think about using universal basic income to mitigate AI-related layoffs: Musk calls it the "best way"OpenAI policy document mentions a public wealth fund (Siladitya Ray/Forbes)
- Sources: Recursive Superintelligence, a four-month-old startup developing self-learning AI and founded by former DeepMind and OpenAI engineers, has raised more than $500 million (Financial Times)
- Jared Kushner under investigation for potential violations of federal bribery and foreign agent laws
- Cerebras files for IPO on Nasdaq, reports 2025 revenue of $510 million, up 76% year-over-year, with net profit of $87.9 million, compared to net loss of $485 million in 2024 (Jordan Novet/CNBC)
