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After claiming a return to electric vehicle delivering growth in 2025, Tesla (TSLA) has now all but admitted that it won’t happen and has fully given up on providing guidance.
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"But they knew in their hearts that once science had declared a thing possible, there was no escape from its eventual realization..."
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Dallas, Texas
On Thursday, a digital rights group, the Electronic Frontier Foundation, published an expansive investigation into AI-generated police reports that the group alleged are, by design, nearly impossible to audit and could make it easier for cops to lie under oath.
Axon's Draft One debuted last summer at a police department in Colorado, instantly raising questions about the feared negative impacts of AI-written police reports on the criminal justice system. The tool relies on a ChatGPT variant to generate police reports based on body camera audio, which cops are then supposed to edit to correct any mistakes, assess the AI outputs for biases, or add key context.
But the EFF found that the tech "seems designed to stymie any attempts at auditing, transparency, and accountability." Cops don't have to disclose when AI is used in every department, and Draft One does not save drafts or retain a record showing which parts of reports are AI-generated. Departments also don't retain different versions of drafts, making it difficult to assess how one version of an AI report might compare to another to help the public determine if the technology is "junk," the EFF said. That raises the question, the EFF suggested, "Why wouldn't an agency want to maintain a record that can establish the technology’s accuracy?"
Dallas, Texas
On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch.
The milestone marks the highest market cap ever recorded for a publicly traded company, surpassing Apple's previous record of $3.8 trillion set in December. Nvidia first crossed $2 trillion in February 2024 and reached $3 trillion just four months later in June. The $4 trillion valuation represents a market capitalization larger than the GDP of most countries.
As we explained in 2023, Nvidia's continued success has been intimately tied to growth in demand for hardware that runs AI models as capably and efficiently as possible. The company's data center GPUs excel at performing billions of matrix multiplications necessary to train and run neural networks due to their parallel architecture—hardware architectures that originated as video game graphics accelerators now power the generative AI boom.
Dallas, Texas
Linda Yaccarino has announced she is stepping down as CEO of X, one day after the platform was forced to take action to stop its chatbot Grok from praising Hitler and amplifying harmful antisemitic stereotypes.
In her announcement, Yaccarino does not mention Grok or any reason for her departure. Instead, Yaccarino broke down what she views as her greatest accomplishments over two years at X, taking credit for helping X "turn around" its financial woes while thanking X owner Elon Musk for giving her "the opportunity of a lifetime."
"I’m immensely grateful to him for entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App," Yaccarino said.
Dallas, Texas
X is facing backlash after Grok spewed antisemitic outputs after Elon Musk announced his "politically incorrect" chatbot had been "significantly" "improved" last Friday to remove a supposed liberal bias.
Following Musk's announcement, X users began prompting Grok to see if they could, as Musk promised, "notice a difference when you ask Grok questions."
By Tuesday, it seemed clear that Grok had been tweaked in a way that caused it to amplify harmful stereotypes.
Dallas, Texas
A federal appeals court today struck down a "click-to-cancel" rule that would have required companies to make cancelling services as easy as signing up. The Federal Trade Commission rule was scheduled to take effect on July 14 but was vacated by the US Court of Appeals for the 8th Circuit.
A three-judge panel ruled unanimously that the Biden-era FTC, then led by Chair Lina Khan, failed to follow the full rulemaking process required under US law. "While we certainly do not endorse the use of unfair and deceptive practices in negative option marketing, the procedural deficiencies of the Commission's rulemaking process are fatal here," the ruling said.
Indicating their sympathy with the FTC's motivations, judges wrote that many Americans "have found themselves unwittingly enrolled in recurring subscription plans, continuing to pay for unwanted products or services because they neglected to cancel their subscriptions." Last year, the FTC updated its 1973 Negative Option Rule by "adding provisions that bar sellers from misrepresenting material facts and require disclosure of material terms, express consumer consent, and a simple cancellation mechanism," the ruling said.
Dallas, Texas
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