AI Development

Tesla opens China AI training centre to speed Full Self-Driving push as L3 race builds
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Tesla opens China AI training centre to speed Full Self-Driving push as L3 race builds

BEIJING, February 7, 2026, 01:15 GMT+8 Tesla (TSLA.O) is operating an artificial intelligence training centre in China focused on local applications and assisted driving, Chinese outlet Cailianshe reported on Friday, citing the company’s vice president Tao Lin. https://www.reuters.com/technology/tesla-is-training-its-ai-technology-china-local-media-reports-2026-02-06/?utm_source=chatgpt.com The centre points to
February 6, 2026

Technology News

  • Big Tech wipes over $1 trillion as AI-spending fears ignite sell-off
    February 6, 2026, 12:48 PM EST. Over the past week, Big Tech peers have shed more than $1 trillion in market value as fears over AI spending intensify. FactSet data show Microsoft, Nvidia, Oracle, Meta, Amazon and Alphabet posting declines through Thursday's close, with total losses at about $1.35 trillion. Amazon plunged over 9% on Friday after a hefty capex forecast, underscoring investors' worries about the cost and return from AI build-outs. Separately, estimates cited by the Financial Times put AI capex at roughly $660 billion this year. Analysts caution about sentiment contagion and persistent questions on capital expenditure and capacity, while Apple's stock rose ~7% on strong iPhone demand.