Appleâs artificial intelligence features wonât be ready for this yearâs launch of iOS 18 and could be delayed by several weeks to October, Bloomberg reported. The delay underscores the short timeline Apple has had to work on its new AI features, which began in early 2023. Apple tends to make ... Read more âș
0
Patience may be a virtue, but Microsoft Chief Financial Officer Amy Hood is asking investors to take it to extremes. Twice during the Tuesday conference call to discuss the companyâs June-quarter results, Hood said Microsoftâs extraordinary investment in building and leasing data centers to support artificial intelligence would pay off over 15 years âand beyond.â Read more âș
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Microsoft shares fell 4% in after-hours trading Tuesday after it said revenue from enterprise software and cloud server rentals rose more slowly in the June quarter compared to the March one. On the bright side, free cash flow rose 11% to $23.3 billion, better than the $21 billion of ... Read more âș
0
Advanced Micro Devices, a top rival to Nvidia in developing artificial intelligence chips, said Tuesday it would generate more than $4.5 billion from sales of such chips this year, up from an earlier projection of $4 billion. Shares rose 6% in after-hours trading. AMDâs data center unitâwhich ... Read more âș
0
The U.S. Senate on Tuesday voted 91-to-3 to pass a landmark piece of social media privacy and safety legislation that aims to protect children from online harm. The bill, known as the Kids Online Safety and Privacy Act, or KOSPA, now moves to the House, which could take it up after lawmakers ... Read more âș
0
Perplexity, an AI-powered search engine startup, announced on Tuesday new partnerships with news publishers including Time, Fortune and WordPress.com. As part of the multi-year deals, the publishers will receive a cut of advertising revenue each time their content is referenced in search ... Read more âș
0
Pinterest shares dropped almost 11% after hours Tuesday after the social media site warned of a slowdown in revenue growth. The online scrapbooking site said revenue for the second quarter rose 21% from the year ago period to $854 million, slightly higher than its own forecast. The company ... Read more âș
0
There was a palpable sense of trepidation in the air in San Francisco and on Sand Hill Road during my latest visit last week.Venture capitalists are increasingly stressed by the frenetic pace of artificial intelligence deals, which they say resembles the frenzied check-writing of 2021. They are also growing more concerned about the lack of "moats"âunique competitive advantagesâthat AI startups possess, as well as the poor quality of their revenue,... Read more âș
0
Advanced Micro Devices, a top rival to Nvidia in developing artificial intelligence chips, said Tuesday it would generate more than $4.5 billion from sales of such chips this year, up from an earlier projection of $4 billion. Shares rose 6% in after-hours trading. AMDâs data center unitâwhich ... Read more âș
0
As remarkable as it sounds, weâre already in the second wave of artificial intelligence chatbots. As Sylvia, Kalley and I reported earlier today, Meta Platforms has scrapped its high-profile celebrity chatbotsâthe ones modeled after public figures and creators such as Charli DâAmelio, whose avatar, Coco, offered dancing tipsâafter they failed to take off with users. Read more âș
0
Microsoft shares fell 6% in after-hours trading after it said Tuesday that revenue from enterprise software and cloud server rentals rose more slowly in the June quarter compared to the March one. The company generated $64.7 billion in revenue in the three months ending in June, up 15% from the ... Read more âș
0
Amazonâs healthcare business lost about $1.3 billion on $2.5 billion in revenue in 2023, according to internal figures and projections reported by Business Insider. Amazon has never publicly broken out financials for the healthcare business, which includes One Medical, the primary care provider ... Read more âș
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OpenAI began releasing its voice-based artificial intelligence, which allows customers to speak with ChatGPT, to a small group of paying subscribers, with plans for a wider release in the fall, the company said Tuesday. The move comes a month after OpenAI said it would delay the release of the ... Read more âș
0
Meta Platforms has scrapped its first high-profile foray into consumer artificial intelligenceâchatbots played by celebrities and social media influencers such as Charli DâAmelio, MrBeast and Paris Hilton. The reversal, less than a year after Meta launched the celebrity chatbots, shows how even the biggest tech companies havenât figured out how to transform breakthroughs in generative AI into winning consumer products. Read more âș
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The U.S. Senate on Tuesday voted 91-to-3 to pass a landmark piece of social media privacy and safety legislation that aims to protect children from online harms. The bill, known as the Kids Online Safety and Privacy Act, or KOSPA, now moves to the House, which could take it up after lawmakers ... Read more âș
0
Berlin-based freight forwarding startup Sennder said Tuesday that it plans to acquire the European trucking brokerage business of U.S. logistics giant C.H. Robinson. The deal will double Sennderâs annual revenue to about $1.5 billion from $750 million and add about 700 new employees to Sennderâs ... Read more âș
0
The U.S.âs main product safety regulator ruled Tuesday that Amazon can be held responsible for recalling defective or dangerous goods sold by outside sellers on its marketplace, a major blow against the e-commerce giantâs argument that it merely acts as a connector between buyers and sellers. In ... Read more âș
0
Perplexity, an AI-powered search engine startup, announced on Tuesday new partnerships with news publishers including Time, Fortune and WordPress.com. As part of the multi-year deals, the publishers will receive a cut of advertising revenue each time their content is referenced in search ... Read more âș
3
To expand the market for artificial intelligence, developers must create large language models that can reason through customersâ problems, not just parrot answers based on whatâs in the modelsâ training data.While OpenAI and Google are throwing tons of capital at developing AI that solves problems it hasnât seen before, small startups and individuals say theyâve come up with cheap hacks to achieve some forms of AI reasoning.Many of these shortcuts... Read more âș
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The bankers, lawyers and other advisers who usher tech companies through initial public offerings have already written off 2024 as another lost year. That has put an added spotlight on which companies are taking new concrete steps to list publicly next year. The lineup is starting to take shape: Skims, the apparel company co-founded by Kim Kardashian, is preparing to interview banks to lead an initial public offering that could... Read more âș
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14.06.2026 06:57
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