Fidji Simo, OpenAI's CEO of applications, is stepping down from her full-time role to become a part-time advisor due to a worsening chronic illness. Simo announced her decision on X, citing the need t…
A KPMG survey of 2,145 senior executives across 20 countries found that 29% are unaware of the source of rising AI costs, and a third cite their own lack of AI economics knowledge as a barrier to depl…
Samsung Electronics' strong Q2 2026 profit outlook triggered a global chip-stock selloff on July 7, 2026, with Micron and Intel shares falling as much as 8%. The selloff reflects investor concern abou…
OpenAI, Anthropic, Google, and other AI providers are offering startup compute and model credits in July 2026 to win early company workloads before vendor choices harden, with packages reaching millio…
The Wall Street Journal reported that SpaceX demonstrated a handheld AI device to investors ahead of its IPO, but Elon Musk called the report 'utterly false'. The device was said to be slimmer than an…
Apple and Micron are blaming each other for memory price hikes and shortages amid surging AI demand. Apple CEO Tim Cook says memory suppliers are passing huge price increases, while Micron's Sumit Sad…
Global semiconductor exports surged to their largest increase in nearly five decades, driven by demand for AI chips, with China becoming the top exporter and Taiwan a key supplier. Prediction markets …
Zhipu AI's GLM-5.2 open-weight model matches Anthropic's Mythos in cybersecurity benchmarks, raising concerns that US export controls have failed to slow China's AI progress. The model's open-weight n…
CFOs are reshaping corporate strategy as AI investment grows, with median S&P 500 CFO compensation rising to $6 million in 2025 from $5.8 million in 2024, reflecting expanded responsibilities in capit…
Chinese AI lab Zhipu AI released the open-weight model GLM-5.2, which security researchers say matches Anthropic's Mythos on certain cybersecurity bug-finding tasks, lowering barriers for defensive an…
Aaron Levie, CEO of Box, warns that CEOs are prone to 'AI psychosis' due to distance from hands-on work. Om Malik describes creating a personal AI assistant but criticizes the trend of digital twins, …
California Governor Gavin Newsom signed an executive order on May 21 directing state agencies to study AI's impact on jobs, including a public dashboard to track AI-related job losses across sectors. …
Onsemi announced a $7 billion all-stock acquisition of Synaptics on June 25, betting that AI will shift from cloud data centers to edge devices like cars and factory equipment. The deal, expected to c…
Apple raised prices for MacBooks, iPads, and other products due to soaring memory and storage costs driven by AI data center expansion. The price hikes, ranging from $30 to $300, caused Apple shares t…
Apple is raising prices on Macs and iPads due to soaring memory and storage chip costs driven by AI demand. CEO Tim Cook called the shortage a "hundred-year flood" and said price increases are unavoid…
Apple raised the starting price of the M4 Pro Mac Mini by $200 to $1,599, citing rising memory and storage chip costs driven by AI data center demand. The company also increased prices across Mac and …
Google is investing $75 million into A24 as part of an AI research partnership to create AI tools for moviemaking, sparking backlash from fans who view the deal as a betrayal of the studio's artist-dr…
Apple CEO Tim Cook warned of unavoidable iPhone price hikes due to AI-driven demand for memory chips, joining Microsoft's Xbox unit and other companies citing rising component costs. A coalition of tr…
Apple CEO Tim Cook announced that upcoming iPhones and other products will see price increases due to rising memory and storage costs, driven by AI industry demand. Cook stated the increases are "unav…
A customer filed a federal lawsuit against Anthropic, accusing the AI company of misleading users about usage limits on its $100 and $200 monthly subscription plans. The suit claims that the plans, ad…