Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Instagram Outage Disrupts Thousands of U.S. Users 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
This weekend, New York City witnessed a significant leap forward in the future of aviation as Joby Aviation and Volocopter showcased their electric aircrafts in a series of demonstration flights. The event, marked by the presence of Mayor Eric Adams, signified a major step towards the city's commitment to clean energy and reducing carbon emissions.
During a press conference on Sunday, Mayor Adams announced the electrification of two major Manhattan heliports – the Downtown Manhattan Heliport and East 34th Street Heliport. This decision underscores New York City's dedication to supporting the burgeoning field of electric vertical take-off and landing (eVTOL) aircrafts. Beta Technologies, another key player in electric aviation, also presented its innovative aircraft charging technology at the event.
A Boost for eVTOL Development
This development is a boon for eVTOL companies, who are eyeing substantial public investment to launch commercial air taxi services by mid-decade. Joby Aviation, in particular, has already seen significant backing, with plans to establish a new aircraft factory in Dayton, Ohio, supported by over $325 million in state incentives.
The eVTOL industry is gaining momentum, driven by climate commitments from cities like New York, aiming to drastically cut carbon emissions. New York City has set an ambitious goal to reduce emissions by 80% from 2005 levels by 2050. Electrifying its heliports is a critical step in this journey.
Joby Aviation has been particularly focused on New York City, announcing last October its plan to launch a commercial service in the city, along with Los Angeles. This initiative, in partnership with investor Delta Airlines, is expected to drastically reduce transit times, such as making the journey from Manhattan to John F. Kennedy International Airport in just seven minutes.
The shift towards electrically powered vehicles is gaining traction across various sectors, including cars, bikes, ships, and trains. This transition is not just about innovation in transportation; it's also about a collective effort to preserve the environment by reducing dependency on traditional energy sources.
