nytimes.com / .nytimes-com-technology

The internet company said profit for the quarter was up 33 percent, to just under $35 billion.

The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology.

The company reported that it spent a higher-than-expected $34.9 billion in capital expenditures during its quarter.

The A.I. chip maker has become a linchpin in the Trump administration's trade negotiations in Asia.

The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.

The start-up, which creates A.I. companions, faces lawsuits from families who have accused Character.AI's chatbots of leading teenagers to kill themselves.

The federal government announced on Tuesday that it would back an effort to build several new Westinghouse nuclear reactors, but offered few details.

The artificial intelligence company said that the nonprofit that controlled the organization would receive a $130 billion stake in the new company.

Substrate, a San Francisco company, is trying to take on powerhouses like the Dutch company ASML.

The billionaire launched his A.I.-powered version, Grokipedia, on Monday.