AI News

DAKAR, July 14 (Reuters) - No bank card. Shoppers in Africa increasingly are buying online from big brands such as Amazon or Walmart even though they have no physical presence on much of the continent.

Apple sued OpenAI last week, alleging that OpenAI encouraged Apple employees to share information about upcoming products and other insider information.

Microsoft is ready for takeoff.

China's smartphone shipments fell 4.3% to 66 million ‌units in the second quarter from a year ‌earlier, as many manufacturers hiked prices to reflect rising memory and ​component costs, research firm IDC said on Tuesday. It was the fifth straight quarterly decline, and first-half shipments were down 4.2% from a year earlier. Huawei Technologies and Apple were ‌the only vendors ⁠to post growth in the quarter, with shipments up 19.4% and 24.4%, respectively.

If this analyst is correct, investors who don't own SpaceX's shares will kick themselves later.

In early July 2026, Broadcom Inc. announced that it and Apple Inc. had expanded their long-running technology collaboration through 2031 with new multi-year agreements for Broadcom to develop and supply custom ASIC silicon across multiple generations of Apple products. This long-dated Apple deal, alongside Broadcom’s rapidly growing AI semiconductor business and deepening relationships with major cloud and AI customers, reinforces its role as a key infrastructure supplier to some of the...

ASML, the biggest supplier of equipment used to manufacture AI chips, reports quarterly earnings on Wednesday looking to justify its chunky valuation and demonstrate how it will contend with U.S. moves to block ‌exports to China. Clouding the outlook, however, is a proposed U.S. law requiring U.S. allies to align with export controls to curb China's ability to make advanced chips, with ASML named in the legislation. The company has denied selling its most advanced EUV tools to China, which is forecast to account for up to 20% of ASML's sales this year through legal purchases of ‌less-advanced DUV tools to make chips for automotive, ⁠industrial and electronic products.

The revamped Search in Windows 11 prioritizes on-device information and files and does away with distracting recommendations and ads.

The memory boom may last longer than you think.

The space company is bulking up with a company that just signed a major deal with NASA.

SEOUL, July 14 (Reuters) - South Korea's ruling party is seeking to make it easier for chipmaker SK Hynix to set up ventures to build factories with outside investors — a move that follows a

Nvidia has more than halved the number of Asian customers authorised to buy its AI chips ‌after introducing a "white list" of companies that passed tougher ‌compliance checks to prevent the products from reaching China, the Financial Times reported ​on Monday. Over the past few months, Nvidia has stepped up due diligence in Singapore, Malaysia and Japan, the report said, citing three people familiar with the matter. More than half of its previous customers, ‌particularly neo-cloud providers, failed ⁠the initial review and were removed from the list, though they can reapply after making changes, the ⁠report added.

TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven ‌by booming AI infrastructure spending. Analysts say demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre ‌process technologies for AI chips, as well as for its advanced chip packaging technology, CoWoS, remains strong. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at around $1.97 trillion.

(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers’ ballooning needs. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleHormuz Route

They're rolling up their sleeves again, seemingly out of fear of missing AI's defining moment and, presumably, the irresistible allure of making even more money -- potentially a lot more.

The artificial intelligence boom has been nothing but a headache for Apple (AAPL) since it started. The stock quickly gained a reputation as an AI laggard. The company recently had to raise prices for some of its products due to the skyrocketing memory prices, caused by the AI buildout. The ...

Mohamed El-Erian says a structural mismatch between borrowers and buyers has pushed the bond market to a breaking point, and Amazon's latest debt deal may have just revealed the first crack.

Investors backed strong catalysts, including analyst upgrades, biotech trial results and improving freight outlooks.

Amazon.com stock has delivered an 85.2% return over the past three years, yet current valuation checks and intrinsic value estimates both still point to the shares trading below what the cash flows and market multiples imply. Over the last three years Amazon.com returned 85.2%, which puts extra focus on whether that gain already reflects its fundamentals or still leaves a gap to intrinsic value. Heavy investment in AI infrastructure, cloud and logistics can support long term cash generation...

The company is betting that AI-enabled smartglasses capable of capturing everything you see and hear are the future.

Jefferies said Tesla’s growth and earnings deterioration are beginning to reverse ahead of its July 22 results.

A prominent AI investor argues that the real winners of the AI boom are not the labs building the models, and the cash flow numbers already suggest a massive redistribution is quietly underway.

Almost every advanced AI chip on the planet is built in one place. Nvidia's Blackwell processors, Apple's silicon, custom accelerators for Meta and AMD — they all run through the same foundry in Taiwan. That foundry is Taiwan Semiconductor Manufacturing Company (TSM). TSMC is set to ...

Apple almost never sues, so when Tim Cook personally greenlit a complaint accusing OpenAI of stealing trade secrets and smuggling hardware prototypes out the door, Wall Street and Silicon Valley both took notice. The question now is whether the case disrupts OpenAI's IPO plans before a single share is priced.

With Microsoft and Chevron joining forces to build a self-powered $7-billion AI data center 20 miles south of Pecos and with other companies envisaging similar plans, Waco economist Ray Perryman says there are justifiable concerns about ensuring that data centers do not lead to problems with the electricity supply or transmission capacity, although many of those concerns are being addressed. ...