On this day, 48 years ago, Steve Jobs, Steve Wozniak and Ronald Wayne incorporated Apple Inc. (NASDAQ:AAPL), a company that would go on to revolutionize several industries over the next few decades. From personal computing to software design, smartphones, and…
Among the so-called Magnificent Seven technology companies, Nvidia Corp (NASDAQ:NVDA) and Tesla Inc (NASDAQ:TSLA) have emerged as standout performers, albeit in contrasting directions. What Happened: Apple Inc (NASDAQ:AAPL) and Tesla suffered double-digit declines in the first three months of the…
(Reuters) - Teladoc Health is expanding a partnership with Microsoft to use the tech giant's artificial intelligence services to automate clinical documentation on the telehealth platform, lifting its shares 6% in premarket trade. The integration of AI including Microsoft's services…
By Anna Tong and Jeffrey Dastin Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is raising the stakes, powered by the latest version of the…
By Nathan Gomes (Reuters) -Ford deepened a price war in the electric-vehicle industry on Monday by slashing the prices of its F-150 Lightning trucks, including a 17% cut for the base model, as it aims to boost its share of…
By Luc Cohen and Hannah Lang NEW YORK (Reuters) - Alex Mashinsky, founder and former CEO of bankrupt cryptocurrency lender Celsius Network, pleaded not guilty Thursday to U.S. fraud charges that he misled customers and artificially inflated the value of…
(Reuters) -The U.S. Federal Trade Commission has opened an investigation into OpenAI on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the strongest regulatory threat to the Microsoft-backed startup yet. The…
(Reuters) - AI startup Nomic has raised $17 million in a new funding round from investors led by Coatue, the companies told Reuters. The investment valued New York-based Nomic AI, a team of four at the time, at $100 million,…
By Anna Tong SAN FRANCISCO (Reuters) - In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco. At the same time, they…
(Reuters) -Walt Disney wants to keep ESPN and will look for strategic partners to form a joint venture or buy a stake in the sports network to help take it directly to consumers, CEO Robert Iger said on Thursday in…
