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White House Backs Away From Promises on Falling Gas Prices

Key Points: The Trump administration stopped providing exact timelines for when high gas prices would finally go down. National average gas prices jumped to $4.39 per gallon this week, an increase of $0.30 in just seven days. The ongoing war between the United States and Iran continues to block massive oil shipments through the Strait of Hormuz. Energy officials no longer promise that fuel costs...

Meta Expands Hardware Ambitions With Purchase of Robotics Startup

Key Points: Meta Platforms officially purchased Assured Robot Intelligence on Friday to accelerate its humanoid robotics program. Founders Lerrel Pinto and Xiaolong Wang will bring their deep expertise to the Meta Robotics Studio, created in 2025. The new team members have gained valuable experience at major technology rivals such as Nvidia and Fauna Robotics. Meta plans to use this new software to help robots understand...

OpenAI Executive Denies Missed Targets and Highlights Massive Demand

Key Points: OpenAI Chief Financial Officer Sarah Friar dismissed recent reports that the company missed its internal revenue and user growth targets. The company plans to spend $600 billion on new artificial intelligence infrastructure by 2030 to meet soaring customer demand. OpenAI recently secured a massive $122 billion funding round, valuing the company at $852 billion. Rival company Anthropic might soon surpass OpenAI with a...