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AI & Enterprise

CoreWeave says data center backlash does not translate into weaker AI demand, no drop in orders

CoreWeave CEO Michael Intrator said AI companies\' demand for infrastructure is not weakening despite community backlash and tougher regulation around data center construction. He said there had been no decline in orders and argued that even if regulations target data centers, they would only shift where infrastructure is built rather than reduce demand. Opposition to large projects is growing across the United States, and New York has signed a statewide construction moratorium for large data centers.

Mobility

U.S. Costco raises engine oil price and imposes purchase limits, raising questions over EV maintenance cost edge

U.S. retailer Costco has raised the price of its private-label synthetic engine oil and introduced purchase limits, a move seen as a sign of cost pressure across the engine oil supply chain. The increase is linked to higher base oil prices and supply strains, alongside longer-term demand for higher-performance lubricants. Rising engine oil costs could widen maintenance cost differences between electric vehicles and internal combustion cars, though analysts caution it may not sharply boost U.S. EV demand.

AI & Enterprise

New book retraces 12 hidden years before Apple\'s revival began

Publisher Golden Rabbit has released \"Next Steve Jobs,\" a book covering the 12 years after Steve Jobs was pushed out of Apple in 1985 and founded NeXT. It focuses on a period the publisher says biographies, critiques and films have ignored or romanticised, describing Jobs\' perfectionism, financial peril and turmoil at the company. It also covers a \"serious crisis list\" and dealings involving U.S. intelligence agencies, and traces how Jobs developed NeXTSTEP.