All posts tagged: crashing

Allbirds Stock Now Crashing as Reality Sets in About Its Delusional AI Pivot

Allbirds Stock Now Crashing as Reality Sets in About Its Delusional AI Pivot

Published by José Betancourt

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech Tech bro sneaker company Allbirds made a huge splash yesterday when it announced a baffling pivot to AI infrastructure — news that was met with a mix of incredulity and ridicule. The company’s blindsiding metamorphosis into what it’s calling “NewBird AI” had investors leaping from their office chairs, sending shares surging by over 700 percent on Wednesday. That’s despite Allbirds’ core business being at death’s door. In its final throes, the company sold off its intellectual property and other assets for a measly $39 million mere weeks ago, leaving its once lofty $4 billion market cap five years ago long behind. But don’t break out the champagne quite yet. The rally subsequently came to a “screeching halt,” as Bloomberg put it, with shares sinking a dismal 35 percent on Thursday. In other words, possibly ketamine-crazed Wall Street bros realized the morning after that a struggling shoe company may not be able to prop up a trillion-dollar industry with …

A Panicking Japan Considers Shorting Oil To Prop Up The Crashing Yen

A Panicking Japan Considers Shorting Oil To Prop Up The Crashing Yen

Published by Jenni Sidey

With the yen collapse accelerating, and pushing the USDJPY above 160 for the first time since 2024, markets are on edge expecting a BOJ intervention at any moment as this was the price when the BOJ intervened last time. However, with BOJ interventions having been consistently proven futile with a half life of just weeks if not days, Japan – facing soaring inflation yet desperate not to raise rates as that would crash the stock market – is weighing a controversial (some would say idiotic) new plan to arrest the yen’s slide: stepping into oil futures markets. Reuters was informed by “market sources” that Japan’s government is considering ​intervening in the crude oil futures market as the Middle East crisis drives energy prices up sharply. Under the scheme, Japan would tap its $1.4-trillion foreign exchange ⁠reserves and build short positions in the oil futures market by selling futures contracts to push down prices. By dampening demand for dollars to buy oil, the “brilliant” thinking goes, Tokyo can ease selling pressure on the yen. ​ The oil …

Delivery robots keep crashing into bus shelters

Delivery robots keep crashing into bus shelters

Published by Jenni Sidey

Get the Popular Science daily newsletter💡 Breakthroughs, discoveries, and DIY tips sent six days a week. Food delivery robots are struggling to steer clear of Chicago’s bus stop shelters. Within just 48 hours, two autonomous couriers from different companies veered off course and collided with shelters shattering glass and alarming nearby residents. These pair of dramatic incidents come amidst brewing tension among  community members and lawmakers in Chicago who oppose the robots’ presence. The crashes also come just weeks after one of the manufacturers announced it was integrating a new mapping system trained on “Pokémon Go” data which is designed to improve navigation accuracy. The first crash occurred on Monday March 23 in Chicago’s West Town neighborhood. Videos posted on social media show the delivery robot from Serve Robotics driving almost halfway past the bus shelter before suddenly veering toward it. The robot makes contact and smashes through the glass barrier, Kool-Aid Man style, before coming to a stop with crumbled broken glass covering and surrounding the sidewalk. After a few moments of stillness, the …

There’s Something Incredibly Weird About Two Delivery Robots Crashing Through Glass Bus Shelter in Chicago Within a Few Days of Each Other

There’s Something Incredibly Weird About Two Delivery Robots Crashing Through Glass Bus Shelter in Chicago Within a Few Days of Each Other

Published by José Betancourt

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech Chicagoans are ducking for cover as delivery robots turn into heat-seeking missiles for innocent glass structures. On Tuesday, another one of these lunchboxes on wheels seems to have smashed into a bus shelter and rained shattered glass all over the sidewalk. Bizarrely, it’s the second time in a matter of days that this exact same thing happened in the Windy City. Weird coincidence, or do the machines just have it out for fragile transit infrastructure? Something seems to be afoot, since the offending robots were operated by two different companies. The latest crash, as reported by local outlet Block Club, was perpetrated by a robot from Coco, one of several robotics firms allowed to operate deliveries in certain parts of Chicago. Footage posted online shows the Coco bot idling in the mess it made, with glass shards sprinkled across its top. In a statement to Block Club, Coco insisted that this was a “rare, isolated incident” and that it …

Venture Capitalist Warns That It’s All About to Come Crashing Down

Venture Capitalist Warns That It’s All About to Come Crashing Down

Published by José Betancourt

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech AI companies continue to pour hundreds of billions of dollars into enormous infrastructure projects, fully expecting demand for their services to spike in the coming years to justify their outsize investments. Reality, however, continues to have a lot of catching up to do. Revenues are still being dwarfed by astronomical capital expenditures as the gulf between the tech industry’s lofty promises of an AI utopia and what the tech is actually capable of today continues to grow. And persistent fears over an AI bubble that could wreck the entire US economy if it were to collapse continue to nag Silicon Valley investors and analysts. Bill Gurley, a venture capitalist and general partner at the financial services company Benchmark, warns that the industry is still in for a rude awakening — a hard “reset” that could hit markets hard. “One day we’re going to have an AI reset, because waves create bubbles, because interlopers come in,” he told CNBC …

Bardella’s main rival for French presidency risks crashing out of race – POLITICO

Bardella’s main rival for French presidency risks crashing out of race – POLITICO

Published by Sam Flores

It will also be a grave personal disappointment for Philippe, who has long held ambitions to run for the Élysée. As prime minister from 2017 to 2020 he steered France through the Covid pandemic, but was ultimately sidelined by Macron when the president wanted to give his government a “new direction,” a decision that many in the administration believed was due to Philippe’s higher popularity ratings. This month’s local elections are an opportunity to launch his campaign ahead of the 2027 presidential race. But Philippe now risks slipping up before he even reaches the starting line. A shock poll from OpinionWay landed last month and predicted that Philippe could be squeezed out by the far right and far left in the second round of the contest in Le Havre. Philippe was seen winning only 40 percent, pipped by the Communist Jean-Paul Lecoq on 42 percent. Franck Keller, backed by the RN, was set to win 18 percent. Former Prime Minister Édouard Philippe could see his presidential ambitions dashed if he doesn’t get the backing of …

Video shows U.S. warplane crashing in Kuwait

Video shows U.S. warplane crashing in Kuwait

Published by Sam Flores

IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT U.S. military: Kuwait mistakenly shot down three jets 00:20 Commercial plane seen taking off amid Beirut explosions 00:23 More than 100 killed in strike on an Iranian school 01:23 Off-duty N.Y.C. police officer saves man from burning car 00:17 United Airlines passengers evacuated in Los Angeles 00:17 Waymo car blocks traffic during Austin mass shooting 00:42 6 U.S. service members killed since Iran mission start 00:37 Uncertainty about Iran’s future remains 02:06 Bill Clinton responds to hot tub photo 01:28 Hillary Clinton denies ever having visited Epstein’s island 00:40 Hillary Clinton reacts to photo posted during deposition 00:50 Breaking down the Republican Senate primary in Texas 01:18 Bill Clinton testifies on Trump’s relationship with Epstein 01:03 Breaking down the Democratic Senate primary in Texas 01:47 Alysa Liu on 2030 Olympics, Laufey and being recognized 00:40 Trump updates on ‘large scale combat operations’ in Iran 01:28 Hot air balloon passengers rescued from 1,000 feet up 00:26 Video shows Iranian …

Tesla Robotaxis Crashing Vastly More Often Than Human Drivers

Tesla Robotaxis Crashing Vastly More Often Than Human Drivers

Published by José Betancourt

Illustration by Tag Hartman-Simkins / Futurism. Source: Jay Janner / Austin American-Statesman via Getty Images The ostensible point of robotaxis is that they’re supposed to be safer drivers than humans. Tesla, apparently, didn’t get that memo. According to updated filings from the National Highway Traffic Safety Administration examined by Electrek, the Elon Musk-owned automaker has reported another five crashes involving its capital-R “Robotaxis,” for a total of 14 documented collisions since the service began operating in Austin, Texas last June. The newly reported crashes were submitted by Tesla last month and occurred between December 2025 and January 2026. They include a collision with a fixed object at 17 miles per hour, a crash with a bus while the Robotaxi was stationary, a crash with a truck at four miles per hour, and two incidents in which the Tesla backed into a pole or tree. Because Tesla heavily censors its crash reports, it’s impossible to get a clear idea of what happened in any of these incidents. No amount of blank ink, however, can cover the …

ICE Is Crashing the US Court System in Minnesota

ICE Is Crashing the US Court System in Minnesota

Published by skeptic

The Immigration and Customs Enforcement (ICE) operation in Minnesota is pushing the United States court system to its breaking point. Since Operation Metro Surge began in December, federal immigration agents have arrested some 4,000 people, according to the Department of Homeland Security (DHS). The result is an avalanche of cases filed in the US district court in Minnesota on behalf of people challenging their imprisonment by federal immigration enforcement agents. According to WIRED’s review of court records and official judicial statistics, attorneys filed nearly as many so-called habeas corpus petitions in Minnesota alone as were filed across the US during an entire year. The bombardment of cases filed in federal court in Minnesota and other states is the result of two Trump administration policies: a dramatic increase in the number of people being detained, and the elimination of a key legal mechanism for securing their release. The result is a US court system in collapse: Judges, immigration attorneys, and federal prosecutors are all overwhelmed, while the people at the center of these cases remain behind …

ChatGPT Users Are Crashing Out Because OpenAI Is Retiring the Model That Says “I Love You”

ChatGPT Users Are Crashing Out Because OpenAI Is Retiring the Model That Says “I Love You”

Published by José Betancourt

In August 2025, OpenAI released its long-awaited GPT-5 AI model, calling it the “smartest, fastest, and most useful model yet.” But what really caught the attention of the company’s most diehard fans was the decision to retire all of its previous AI models, news that was met with a massive outcry among ChatGPT users who’d developed a strong attachment to the outgoing GPT-4o. The backlash was severe enough for CEO Sam Altman to back down in a matter of days, once again reinstating GPT-4o, which was much warmer and sycophantic than its successor. Five months later, OpenAI is finally getting ready to pull down the beloved AI model — after it’s been at the heart of several welfare lawsuits, including wrongful death allegations — for good on February 13, according to a January 29 update. “While this announcement applies to several older models, GPT‑4o deserves special context,” the company wrote at the time. “After we first [retired] it and later restored access during the GPT‑5 release, we learned more about how people actually use it day to …