Tesla’s board reportedly sought a successor while Musk wheeled around Washington

According to a new, brow-raising WSJ report, Tesla’s board quietly began searching for Elon Musk’s potential successor about a month ago, approaching executive search firms as the carmaker faced protests, plummeting sales, and shrinking profits while Musk waded into Washington to slash government spending. Board members reportedly met with Musk to express concerns about his…

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Microsoft expects some AI capacity constraints this quarter

An executive cautioned during Microsoft’s earnings call on Wednesday that customers might face AI service disruptions as demand outstrips the company’s ability to bring data centers online. Microsoft’s EVP and CFO Amy Hood said during the company’s fiscal 2025 third-quarter earnings call that the company may face AI capacity constraints as early as June. “We…

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Visa and Mastercard unveil AI-powered shopping

Artificial intelligence is not just infiltrating the startup world. Now, credit card giants Visa and Mastercard are getting into the AI game. Visa announced on Wednesday “Intelligent Commerce,” which it says enables AI “to find and buy.” AI agents will be able to shop and make purchases on behalf of consumers, based on preselected preferences….

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