Zuckerberg ponders plan for AI overkill

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Tech Across the Globe

Waymo milestone: Waymo became the first robotaxi provider in the US to offer driverless rides on highways.

Room service: Airbnb will experiment with putting Instacart grocery ordering in its app, the latest in a larger plan to offer guests add-on services.

AI boom: Hon Hai, an Nvidia partner and Apple iPhone manufacturer, said artificial intelligence demand will continue to fuel revenue gains in 2026. 

Prediction market rivalry: FanDuel is launching a prediction market product in US states where sports betting on platforms such as the company’s mobile app is illegal, taking on exchanges such as Kalshi and Polymarket.

Revalued

D-Matrix, a Microsoft-backed AI chip startup, raised $275 million from new investors, valuing the company at $2 billion. The company, which has raised a total of $450 million, will use the new funds to ramp up production and distribution of its hardware to clients, as well as to staff customer support teams.

Must Read

Meta’s Mark Zuckerberg seems unconcerned whether he’ll spend too much money building data centers in his quest to dominate the race for artificial intelligence, Kurt Wagner reports in today’s Tech In Depth. Zuckerberg has pondered aloud what he’d do with excess capacity if Meta builds too many of the projects, but don’t expect the company to compete with Amazon, Google and Microsoft as a cloud-computing provider, Wagner writes.

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This Week in Cyber Bulletin

Google has sued Lighthouse, a criminal network linked to China, which the company says is responsible for all those spam texts trying to trick people into providing their credit card numbers, Margi Murphy writes in this week’s Cyber Bulletin. Many of Lighthouse’s fake login pages use the company’s logos from Gmail, YouTube and other products in an effort to defraud consumers, giving Google the standing to sue, she writes.

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