Apple’s R&D spending climbs to 10% of revenue on AI investments
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the U.S. president on…
Mark Zuckerberg Quietly Attends His First Met Gala
Jeff Bezos is not the only controversial tech titan to have embraced the Met Gala. On Monday night,…
This AI dark horse sector keeps winning. Stick with the trade, analyst says
Investors should continue favoring the winning stocks within the utilities sector, despite the recent cool-off in the rally,…
‘I Wish That I Can Tell You…’
Meta Platforms Inc. CEO Mark Zuckerberg told employees on Thursday that the company’s aggressive artificial intelligence spending is…
Chip stocks surge in ‘historic’ month
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. After…
AI is exposing cracks in India’s growth story as it hits high-paying IT jobs
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India” — your…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) during Pershing Square Capital Management LP’s…
Is Meta’s AI spending working? The stock’s next move depends on answer
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from…
Meta, Google among Big Tech seeing staff leave to launch own AI labs
Top researchers are jumping ship from Big Tech firms like Meta and Google to launch startups and raise…
Ex-DeepMind David Silver raises $1.1 billion for AI startup Ineffable
A former top researcher at Google AI division DeepMind announced Monday a record $1.1 billion seed round for…
China blocks Meta’s acquisition of AI startup Manus
China’s state planner on Monday called for Meta to unwind its $2 billion acquisition of Manus, a Singaporean…
Wall Street is getting bullish on neoclouds. These stocks hold more risk than other AI plays
There’s a lot of market buzz on the emerging crop of companies known as neoclouds, but these stocks…