Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

builder

Builder.ai collapses after revelation that its "AI" was hundreds of engineers

Billion-dollar implosion exposes the perils of AI hype
Cutting corners: Builder.ai promised to revolutionize software development with artificial intelligence – and convinced deep-pocketed investors it had. Backed by Microsoft and valued at $1.5 billion, the startup masked manual labor as machine learning until the facade crumbled, leaving behind lawsuits, layoffs, and one of the industry's most embarrassing collapses.
european commission apple dma europe legal european union regulations fine digital markets act

Apple has under 30 days to comply with EU rules or face daily fines

Tech standoff: Apple resists EU push to open up App Store
The big picture: Apple and the European Commission are locked in a standoff over how tech firms should be regulated – a conflict being closely watched by the tech industry, app developers, and consumer advocates. The outcome could set a precedent for how digital marketplaces operate, not only in Europe but globally, as other jurisdictions consider similar measures to promote competition and curb the power of tech giants.
trump tsmc semiconductor tariffs donald trump wafer

TSMC's 2nm wafer prices hit $30,000 as SRAM yields reportedly hit 90%

Apple, Intel, Nvidia, and others line up for next-gen chips
In context: TSMC has steadily raised the prices of its most advanced semiconductor process nodes over the past several years – so much so that one analysis suggests the cost per transistor hasn't decreased in over a decade. Further price hikes, driven by tariffs and rising development costs, are reinforcing the notion that Moore's Law is truly dead.
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