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August 11, 2025

 

TechCrunch Top 3

Elon Musk confirms shutdown of Tesla Dojo, ‘an evolutionary dead end’ 

Elon Musk confirms shutdown of Tesla Dojo, ‘an evolutionary dead end’ : “Once it became clear that all paths converged to AI6, I had to shut down Dojo and make some tough personnel choices, as Dojo 2 was now an evolutionary dead end,” Musk posted on X, the social media platform he owns, on Sunday. Read More

Ford throws out Henry Ford's assembly line to make low-cost EVs in America: The automaker is investing $2 billion into the Louisville Assembly Plant with a $30,000 EV pickup slated for 2027. Read More

Nvidia, AMD may sell high-end AI chips to China if they pay US a cut: The global AI chip race narrative used to be about U.S. national security, but apparently now it's about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make from sales of high-end AI chips to China in exchange for licenses to sell to those chips in the country, the Financial Times reported, citing anonymous sources. Read More

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Morning Must-Reads

Security flaws in a carmaker's web portal let one hacker remotely unlock cars from anywhere

Security flaws in a carmaker's web portal let one hacker remotely unlock cars from anywhere: Security researcher Eaton Zveare told TechCrunch that the flaws he discovered in the carmaker's centralized dealer portal exposed vast access to customer and vehicle data. With this access, Zveare said he could remotely take over a customer's account and unlock their cars, and more. Read More

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