PwC’s global head of AI, Joe Atkinson, says the pace of AI change is “overwhelming to everybody.” But the firm’s data reveals a massive incentive to push through the chaos: early-adopting companies are pulling in three times the revenue per employee.
The future of the Samsung Galaxy Ring looks uncertain. A new report claims Samsung is “reassessing its strategy” for the wearable due to disappointing sales, putting a Galaxy Ring 2 on hold. A brewing patent war with rival Oura adds another layer of complication.
The European Commission has opened a formal antitrust investigation into Google’s AI data practices. The probe focuses on whether Google used online publisher content and YouTube uploads to distort competition.
Apple’s senior VP of hardware technologies, Johny Srouji, has told his team he has no plans to leave. His commitment is a rare piece of stability as the company sees a string of high-profile executive exits, while OpenAI aggressively recruits Apple talent.
Apple dominated smartphone sales last quarter, with the iPhone 16 leading for the third quarter in a row. The company placed five models in the global top ten, showing its continued market strength even as the new iPhone 17 series begins to shift buyer interest.
In a new twist, former President Trump says he’d allow Nvidia to sell advanced chips to China if the U.S. government takes a 25% cut of the revenue. This comes after Nvidia’s CFO admitted that expected “sizable purchase orders” from China never materialized. The proposal raises huge questions about
OpenAI is in full-blown panic mode. Sam Altman declared a “code red” as ChatGPT loses market share to Google Gemini. The company’s response has been a messy scramble to change the narrative.
IBM is making a massive $11 billion bet to boost its AI capabilities. The tech giant is acquiring data streaming platform Confluent to help companies manage real-time data flow for artificial intelligence services.
A major Wall Street firm just cut its rating on Tesla for the first time in nearly a year. The reason? They think the stock’s massive valuation has gotten ahead of itself, even accounting for Elon Musk’s grand AI and robotics ambitions.
Apple’s hardware boss Johny Srouji has told staff he’s not going anywhere, directly refuting a report that he considered leaving. This comes as Apple sees several key retirements, including AI head John Giannandrea and design chief Alan Dye.
