AT&T’s outage aftermath, Rivian layoffs, and Nvidia’s ripple effect

AT&T’s sweeping outage: AT&T customers throughout the nation had been hit by an enormous mobile community outage on Thursday morning, stopping many from calling, texting, and logging on in the event that they had been away from Wi-Fi. Customers additionally reported hassle reaching 911 emergency traces throughout the disruption. By late Thursday afternoon, when the telecom firm mentioned it had reinstated service, some 70,000 prospects had reported shedding their community connection. Federal companies are investigating to find out whether or not the outage was as a consequence of a technical malfunction or a cyberattack. Full story. 

Google unplugs function from AI chatbot: After Google apologized for Gemini’s technology of “inaccuracies” in historic depictions, it minimize the wire on the AI chatbot’s image-making features—a minimum of for now. Gemini customers took to social media this week to share photos the chatbot produced of racially numerous folks in traditionally white-dominated scenes. Though Google says the range inside the chatbot’s picture technology is nice, it admits the system remains to be “lacking the mark.” Google says it’s engaged on bettering its image-generation function earlier than rereleasing it to the general public. Full story. 

Nvidia’s inventory reaches new heights: After Nvidia’s This fall earnings blew away Wall Road expectations, with income rising 265% in comparison with the identical quarter final 12 months, its inventory went on a tear Thursday, leaping greater than 16% and shutting at all-time excessive. The heavy demand for Nvidia’s chips, used to energy a lot of at the moment’s AI applied sciences, fueled a booming quarter for the software program firm. Nvidia’s inventory efficiency not solely lifted CEO Jensen Huang’s web price, making him one of the world’s richest people, nevertheless it additionally had a ripple impact in the marketplace. Many different chipmakers and tech producers noticed their share value surge Thursday. Full story.

Challenges for EV makers: After reporting a This fall lack of $1.5 billion, Rivian Automotive says it’ll lay off 10% of its salaried employees. The information comes after Lucid Group, one other electrical automobile maker, lowered its manufacturing steering for 2024 to 9,000 autos. Between Rivian’s layoffs and Lucid’s battle to search out EV consumers, the 12 months forward may show to be a tough experience for EV producers. Full story.

Volkswagen’s recall: Volkswagen will quickly recall greater than 261,000 automobiles within the U.S. for a difficulty with the pump seal—the identical concern that prompted a Volkswagen recall again in 2016. The issue with the pump may result in a gas leak and enhance the chance of a automobile fireplace. Volkswagen will start sending notification letters to house owners of affected autos in April; pumps on recalled autos will probably be changed by sellers freed from cost. Full story.