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The competition to build data centers in Israel for processing AI is heating up. Today, Mega Or, managed by Zahi Nahmias, and Nebius, owned by Arkady Volozh, launched their data center for processing AI in Modi'in. This is the largest AI computing facility in Israel, 25% of which will be allocated to the Israel Innovation Authority for the operation of the national supercomputer. The center, which provides AI processing using eight megawatts of electric power, contains 4,000 Nvidia graphics processors costing about $300 million, and its construction cost was estimated at $80 million. The Modi'in data center is not the only one. In recent weeks, as part of the growing competition to provide AI services, SDS, owned by Yossi Sheinfeld, together with Israeli unicorn Vast Data, also launched a data center in Beit Yehoshua near Netanya, which houses about 2,000 Blackwell (B200) processors. Three more data centers on the way Competition for providing AI processing services to government ministries, private companies, and the defense sector in Israel is expanding by leaps and bounds, with Mega Or planning to build another data center, several times larger than the one in Modi'in, in Beit Shemesh.It will be built to operate with an electrical capacity of up to 220 megawatts within about a decade at a site in Beit Shemesh, on a plot of land adjacent to the cement plant. If demand for the Beit Shemesh site proves to be strong, Mega Or could continue to invest in the center up to a maximum of 220 megawatts by 2035. The data center itself is large, potentially spanning 54,000 square meters, and its construction cost is expected to exceed $2 billion over a decade. In the near term, Mega Or is building three smaller data centers. The center in Modiin will be expanded by 7,000 square meters at a cost of NIS 150 million, a new data center will be built in Yoav Park in the south on an area of 20,000 square meters at a cost of NIS 350 million, and in Haifa, a 14,000 square meter data ...
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The Town of Millis Planning Board voted Oct. 21 to approve a special permit for an accessory dwelling unit at 36 Meadowcart Way. Board members noted that site-plan approval for the project had already been completed and that the special permit remained required because the property is in a district that calls for a special permit for an ADU. A staff member explained that, following an attorney general decision, town counsel had advised the board it could still vote on the special permit under the original application. A board member moved to approve the special permit for 36 Meadowcart Way and another member seconded the motion. The chair called the question and the motion passed with one member recorded as abstaining. The board did not provide additional conditions or a roll-call vote in the public transcript. The site-plan approval remains on file with the planning department; the planning board’s motion covered only the special-permit requirement.

Owensboro city commissioners are largely in favor of regulations that would allow tiny homes and other accessory dwelling units in the city, with some stipulations. In August, Brian Howard, executive director of the Owensboro Metropolitan Planning Commission, gave a presentation to city commissioners about accessory dwelling units — smaller living quarters on the same property as a main home. The unit can be a separate structure or a small home built above a garage or in a basement. The issue of allowing tiny homes and similar residences in Owensboro has been discussed as a way to help alleviate both homelessness and the city’s housing shortage. According to the Kentucky Housing Corp., Daviess County has a shortage of about 3,500 homes. The Metropolitan Planning Commission would have to amend current zoning ordinances to allow accessory dwelling units in the city and county. “I haven’t (received) any feedback from the city on whether they want us to move forward or not,” Howard said earlier this week. “We have done research and we know what other cities have done. We just haven’t gotten any guidance since then.” There are multiple reasons the city has fewer homes than needed, but the shortage is widespread. “It’s the same everywhere. Everyone is experiencing a shortage of units,” said Abby Shelton, director of the city’s Community Development Department. “We are really missing the starter homes. Those just don’t exist.” The problem dates back to the 2008 subprime mortgage crisis, which helped cause the Great Recession. Fewer homes have been built since then, and prices for available homes remain elevated. “But for the existing units out there, they are very high compared to what they were six or seven years ago,” Shelton said. The COVID-19 pandemic also affected home construction and prices through higher materials costs. The cost of home materials has affected the city’s home construction programs. The city has helped fund new home construction through its Neighbor...
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In a quiet Cupertino neighborhood, just miles from Apple’s sprawling campus, SHED Architecture & Design has created something exciting, a home that whispers rather than shouts, finding tranquility in one of the world’s most dynamic regions. The Cupertino Courtyard House stands as a masterful example of how Japanese design principles can breathe new life into California modernism. Nestled among Mission and Spanish Colonial-style homes near the city’s iconic Eichler district, this 1,850-square-foot residence manages to feel both timeless and distinctly contemporary. The architects faced a unique challenge: how to honor local architectural traditions while creating something entirely new for a young family seeking both privacy and connection to nature. Designer: SHED Architecture & Design The Heart of the Home The answer lies in the home’s beating heart. It is a central landscaped courtyard that serves as the organizing principle for the entire design. Drawing inspiration from Japanese garden traditions, this outdoor room becomes the meditative core around which all interior spaces revolve. Each room opens toward this garden sanctuary, creating what the architects describe as “a quiet rhythm between interior and exterior.” From the street, the home presents a respectful face to its neighbors with white stucco walls that echo surrounding houses. However, the second level reveals the home’s modern character through striking black shou sugi ban wood cladding, a nod to Japanese building traditions that adds both beauty and durability. This stepped massing isn’t merely aesthetic; it’s a thoughtful response to strict local zoning requirements that transforms constraint into architectural opportunity. Material Poetry and Mindful Living Natural materials tell the story throughout the home. Cedar screens filter light and create privacy, while deep overhangs cast contemplative shadows that shift with the sun’s path. Wood, plaster, and stone introduce warmth and tactility, creati...
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Wilqo has acquired Brimma Tech along with its suite of products powered by artificial intelligence (AI). The company believes the acquisition will help strengthen its flagship production optimization platform, “Charlie,” while expanding the company’s roster of tools available to mortgage lenders. In a company press release, Wilqo noted it is striving to take “the leading position of the next gen production optimization platforms” by providing lenders both end-to-end optimization and targeted automation tools that drive measurable outcomes. “Mortgage lenders face rising costs and heightened expectations,” Wilqo Director and co-founder Larry Huff said in the release. “By bringing WILQO and Brimma together, we’re giving lenders an accelerated and more intelligent path forward: AI-driven automation that simplifies work, strengthens compliance, and improves profitability.” Lenders using Brimma products already – including AI DocFlow, AUS Sandbox and eDisclose – should expect all integrations and support services associated with those offerings to remain intact. The native AI within Charlie was designed to require fewer manual touches, provide more optimized decisions and shorten cycle times with actionable business intelligence, according to the release. “We couldn’t ask for a better partner to continue our mission of driving automation that reduces origination costs,” Brimma Tech CEO and founder Supree Periasamy said. “With WILQO’s scale and our combined domain and technology expertise, we can unlock innovation to deliver better outcomes for homebuyers, homeowners, lenders, and all stakeholders involved in the mortgage transaction.”

Tesla’s (NASDAQ:TSLA) earnings call comes on the heels of the company’s Q3 2025 update letter, which was released after the closing bell on October 22, 2025. Tesla’s Q3 2025 Results As could be seen in Tesla’s Q3 2025 Update Letter, the company posted GAAP EPS of $0.39 and non-GAAP EPS of $0.50 per share. Tesla also posted total revenues of $28.095 billion. GAAP net income is also listed at $1.37 billion. Tesla’s total revenue increased 12% YoY to $28.1 billion, while operating income decreased 40% YoY to $1.6 billion. This means that for Q3 2025, Tesla’s had a 5.8% operating margin. Tesla’s quarter-end cash, cash equivalents and investments was $41.6 billion by the end of the third quarter. Earnings call updates The following are live updates from Tesla’s Q3 2025 earnings call. I will be updating this article in real time, so please keep refreshing the page to view the latest updates on this story. 16:25 CT – Good day to everyone, and welcome to another Tesla earnings call live blog. The Q3 2025 Update Letter seemed to be on the quieter side, but it’s hard not to be impressed with Tesla’s $4 billion free cash flow, an all-time high. Now we just have to see how the earnings call will go. 16:30 CT – Looks like the earnings call’s livestream is up. It hasn’t started yet, but the music’s on. Here’s the livestream: 16:33 CT – One of the most fun things about Tesla earnings call coverages is that you don’t really know what type of Elon Musk you’re gonna get. The questions from investors and analysts are always fun too. 16:35 CT – And here we go. Travis Axelrod takes the floor and introduces Tesla’s executives. 16:36 CT – Elon’s opening remarks begin. He says Tesla is at a critical point because real-world AI is imminent. He states that he believes Tesla has the highest intelligence density. “It’s gonna be like a shockwave,” Elon said, highlighting that there are millions of cars out there that could become full self-driving with a simple software update. 16:38 CT – With ...
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Building an Accessory Dwelling Unit on Bainbridge Island? It’s now almost as easy as “add water and stir.” A new city ordinance would help fast-track construction of ADUs on Bainbridge by offering a set of pre-approved designs for homeowners to choose from. On Oct. 14, the Bainbridge Island City Council unanimously passed an ordinance that loosens the requirements for ADU construction, allowing homeowners on BI to participate in a countywide program that aims to make the process more affordable and quicker. Six “permit-ready” layouts, designed by a team of architects hired by the Kitsap Regional Coordinating Council, are now available for homeowners to select as a base layout for an ADU — but they can style it themselves, explained city permit supervisor Darron Buchanan. Currently available designs range from 480 to 1,000 square feet and feature a modern, Pacific Northwest-inspired look. “The plan sets come with a variety of options to choose from, including roof pitch, siding color, lighting fixtures, door style, and many more,” said Buchanan. Some limits in the previous municipal code for ADUs prevented islanders from participating in the program. With the changes approved by council, a 900 square footage cap was lifted to 1,000 square feet; ADUs are no longer required to share a driveway with the main home; one-story ADUs can now be placed closer to the road and main home, with permission from the planning department; and they can be placed in view of the public right-of-way, no longer “maintaining the appearance of the primary dwelling as a single-family dwelling.” While homeowners who opt for a pre-approved ADU will be able to expedite permitting, avoid a design fee and forgo some building review requirements — including an architectural review, a structural review and an energy code review — they still have to comply with site plan reviews, such as zoning requirements, critical area restrictions and utility infrastructure capacity. Deputy mayor Jon Quitslund c...
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Propy’s $100 Million Push to Modernise the U.S. Real Estate Market Propy has announced a $100 million expansion plan to modernise the U.S. title industry with blockchain and artificial intelligence. The blockchain-based real estate platform will acquire regional title firms across the United States, beginning in California, Texas, and Florida. It plans to integrate AI automation and digital record systems to simplify the complex process of closing property deals. CEO Natalia Karayaneva said the plan will make buying and selling homes faster and more secure. “Real estate has had every kind of digital upgrade except the one that matters most — how deals actually close,” Karayaneva explained. “By automating the closing process itself, we’re cutting out inefficiencies that have held the industry back for decades.” The company aims to bring digital efficiency to the $25 billion title sector, which still relies on outdated manual procedures and paper-based documentation. Blockchain and AI to Power Digital Closings Founded in 2017, Propy has already processed more than $4 billion in blockchain-based real estate transactions. It operates as a licensed title company, using blockchain to handle property transfers, escrow, and title verification. Through its new acquisition strategy, it will target profitable, mid-sized firms with annual revenues between $5 million and $50 million. Once acquired, these firms will be integrated into Propy’s digital infrastructure, gaining access to on-chain settlement tools and automated compliance systems. Karayaneva said the effort would rebuild transparency and trust in an industry known for its complexity and fraud risks. “By digitising ownership transfers and compliance, we’re not just modernising operations — we’re rebuilding trust and transparency into how property is transferred.” Propy’s system records property rights directly on blockchain networks, ensuring immutability and traceability. The AI engine automates time-consuming tasks l...
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Tesla (TSLA) released its financial results and shareholders’ letter for the third quarter (Q4) 2025 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. Tesla Q3 2025 earnings expectations As we reported in our Tesla Q3 2025 earnings preview yesterday, the Wall Street consensus for this quarter was $26.457 billion in revenue and earnings of $0.55 per share. It would represent a record quarter in terms of revenue, thanks to record deliveries due to demand being pulled forward into Q3 in the US, amid the end of the federal tax credit for electric vehicles. However, the expectations suggest that Tesla’s earnings are continuing to erode despite the positive temporary circumstances of the third quarter. How did Tesla do compared to expectations? Tesla Q3 2025 financial results After the market closed today, Tesla released its financial results for the first quarter and confirmed that it delivered below expectations with earnings of $0.50 per share (non-GAAP), and it exceeded revenue expectations with $28,095 billion during the last quarter. This is quite disappointing, considering Tesla’s operating income decreased by 40% year-over-year, despite achieving record revenue. The difference is accounted for by a decrease in gross margin from 19.8% to 18%. In part due to Tesla losing some regulatory credits and lowering prices across most products. Bulls also can’t explain this by Tesla investing in the future, as capex is significantly down year-over-year. Nonetheless, the automaker added to its war chest, which now sits at $41.6 billion. We will be posting our follow-up posts here about the earnings and conference call to expand on the most important points (refresh the page to see the most recent posts): - Tesla changes ‘all cars have self-driving hardware’ wording as HW3 lawsuits loom - Elon Musk: Tesla is increasing EV productio...
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Tesla (NASDAQ:TSLA) has released its Q3 2025 earnings results in an update letter. The document was posted on the electric vehicle maker’s official Investor Relations website after markets closed today, October 22, 2025. Tesla’s Q3 earnings come on the heels of a quarter where the company produced over 447,000 vehicles, delivered over 497,000 vehicles, and deployed 12.5 GWh of energy storage products. Tesla’s Q3 2025 results As could be seen in Tesla’s Q3 2025 Update Letter, the company posted GAAP EPS of $0.39 and non-GAAP EPS of $0.50 per share. Tesla also posted total revenues of $28.095 billion. GAAP net income is also listed at $1.37 billion. In comparison, FactSet consensus expects Tesla to post earnings per share of around $0.56, down 22% from Q3 2024’s $0.72 per share. Tesla’s revenue is forecasted to rise 5.4% to $26.54 billion, as noted in an Investor.com report. On the other hand, Sharp consensus, which tracks analyst revision trends, predicts Tesla to post earnings of $0.57 per share and revenue totaling $28.31 billion. Other key results Tesla highlighted the following Q3 results in its Update Letter. As per Tesla, it is stil profitable with $1.6 billion GAAP operating income, $1.4 billion GAAP net income, and $1.8 billion non-GAAP net income. By the end of the third quarter, Tesla had an operating cash flow of $6.2 billion and record free cash flow of nearly $4.0 billion. Tesla’s total revenue increased 12% YoY to $28.1 billion, while operating income decreased 40% YoY to $1.6 billion. This means that for Q3 2025, Tesla’s had a 5.8% operating margin. Tesla’s quarter-end cash, cash equivalents and investments were at $41.6 billion by the end of the third quarter. Tesla’s Q3 2025 Update Letter Michael Dell points out practical advantage of Elon Musk’s proposed pay package As pointed out by the Dell Technologies CEO, Musk will only be rewarded if he delivers extraordinary value to shareholders Michael Dell has weighed in on Elon Musk’s controversial 2025 C...
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Thinking about buying a home, but not sure how to afford it? Welcome to the Down Payment Diaries, where real people spill about how they saved and splurged on their path to homeownership. If you’d like to submit your own Down Payment Diary, please fill out the form here. Today, two conservation biologists share how they built an accessory dwelling unit to house a parent, allowing her to age in place and for them all to make better use of their land and resources, all while increasing the value of their California home. Age: 48 Pronouns: She/her Household setup: Married Occupation: Conservation biologist My parents owned a home, but they divorced when I was 7, and my mom and siblings moved from that place. Growing up, home ownership was normalized for me, but it wasn’t an expectation. I wasn’t locked into the idea of owning. Looking back, it’d be easy to think that my husband and I made a series of very strategic decisions, but a lot of it was just luck and timing. Even though we both work for nonprofits, we were able to cobble together a down payment and buy a foreclosed home in 2008. We lived there for six years, doing what we call a “slow flip.” When we had kids, we bought a starter home in the suburbs of San Diego, California. We owned that for just two years, selling for a profit of $150,000. With that money in hand, we were ready to buy the house we live in now. We bought the worst house on the block. It was a mess, and it had structural issues, but we were interested just the same. The house had been sitting on the market for two years, and the sellers had reduced the price by $100,000. Plus, my husband is great at remodeling and was ready for a project. From the day we moved into this house, we had the idea that we wanted to expand. Our home is already two stories, and our city ordinance doesn’t allow three, so we knew we would have to build out, which works for us because our lot is so big. She retired early and unexpectedly. She decided to sell, but since s...
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