Business

Newsfeed Waymo Acquires Apple’s Former Autonomous Vehicle Test Ground for $220M Waymo has officially purchased a 5,500-acre autonomous vehicle testing facility in Wittmann, Arizona, for $220 million. Acquired from Route 14 Investment Partners—a shell company linked to Apple’s canceled Project Titan self-driving car program—the site was originally purchased by Apple in 2021 for $125 million. This expansive autonomous test ground features a 115-acre simulated city course, a 35-acre vehicle dynamics area, a four-mile oval track, and a dedicated freeway section. Waymo plans to leverage this highly controlled environment to validate its self-driving software and rapidly scale its commercial robotaxi operations. With this strategic acquisition, the Arizona site becomes the largest closed-course testing facility in Waymo’s autonomous network. ...

Tech Newsfeed: Tesla AI, OpenAI Healthcare, and Quantum Computing Breakthroughs Tesla Boosts 2026 Capital Spending by 25% to $25 Billion for AI and Robotics Tesla has officially increased its 2026 capital spending plans by 25%, elevating its total budget to over $25 billion. CEO Elon Musk is strategically directing these massive investments toward artificial intelligence (AI), advanced robotics, and in-house semiconductor chip development. This financial push is designed to accelerate the volume production of the highly anticipated, fully autonomous Tesla Cybercab. ...

OpenAI Unveils GPT-5.2, A Powerful AI Model for Professional Workflows OpenAI has officially launched GPT-5.2, its most advanced AI model series yet, engineered to enhance professional workflows and tackle complex, multi-step projects. The new series—comprising GPT-5.2 Instant, Thinking, and Pro—delivers significant improvements in coding, spreadsheet and presentation creation, image perception, and understanding long contexts. According to OpenAI, GPT-5.2 Thinking shows a 30 percent reduction in errors compared to its predecessor, GPT-5.1, making it more reliable for tasks like research, writing, and analysis. The model also demonstrates improved performance in mathematical problem-solving and abstract reasoning benchmarks. The rollout of GPT-5.2 will begin with paid ChatGPT users, with the API now available to all developers, marking a strategic move to solidify OpenAI’s leadership in the competitive enterprise AI landscape. ...