Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.
The Apple Manufacturing Academy is opening in downtown Detroit, with a focus on artificial intelligence.
CNBC
Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that
China mines around 70% and processes around 90% of rare earths. The U.S. is hoping to change that with investment in the domestic rare earth supply chain.
Meta’s AI spending spree is Wall Street’s focus in second-quarter earnings
Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on Wednesday.
Meta’s AI spending spree is Wall Street’s focus in second-quarter earnings Read More »
Spotify stock falls on revenue miss, lackluster guidance
Spotify stock fell after the music streaming platform fell short of Wall Street’s revenue expectations.
Spotify stock falls on revenue miss, lackluster guidance Read More »
PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates
PayPal topped Wall Street estimates for the quarter and raised full-year guidance, as CEO Alex Chriss pushes profitability over volume.
PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates Read More »
Samsung backs South Korean AI chip startup Rebellions ahead of IPO
Rebellions has been working with Samsung to bring its second-generation artificial intelligence chip, called Rebel, to market.
Samsung backs South Korean AI chip startup Rebellions ahead of IPO Read More »
Europe sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI
The gigafactories could add 15% to Europe’s total computing capacity, according to estimates from UBS.
India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report shows
Smartphones assembled in India accounted for 44% of U.S. imports in the second quarter, a significant increase from just 13% in the same period last year.
Waymo plans to bring its robotaxi service to Dallas in 2026
Waymo is partnering with rental car company Avis for robotaxi fleet management in Dallas.
Waymo plans to bring its robotaxi service to Dallas in 2026 Read More »
Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says
Revenue from sales of Ray-Ban Meta smart glasses more than tripled during the first half of the year, EssilorLuxottica said in its latest earnings report.
Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says Read More »