Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an increase from the previous period, CEO Tim Cook announced during the company’s earnings call with investors on Thursday. These cost projections, based on current rates and policies,…
Amazon CEO Andy Jassy sees an opportunity to deliver ads to users during their conversations with the company’s AI-powered digital assistant, Alexa+. He shared this vision during Amazon’s second-quarter earnings call. Jassy highlighted the excitement around Alexa+-enabled devices and the…
A Singapore-based deep tech startup called SixSense has developed an AI-powered platform that helps semiconductor manufacturers predict and detect potential chip defects on production lines in real time. The company has raised $8.5 million in Series A funding, bringing its…
Figma began trading on the New York Stock Exchange on Thursday after a long delay. The stock surged so rapidly that trading was temporarily halted due to market volatility. Within the first minute, its market capitalization reached $45 billion, with…
Will Griffith had only been in his role as a venture investor at Iconiq for two months when he met a 19-year-old college dropout named Dylan Field. That encounter led to one of his most notable seed investments—a startup called…
Apple on Thursday signaled its growing commitment to catching up in the AI race. CEO Tim Cook emphasized the company’s focus on AI during the Q3 2025 earnings call with investors, stating, “We see AI as one of the most…
Apple has sold 3 billion iPhones since the product launched in 2007, according to Apple CEO Tim Cook during the company’s third-quarter earnings call. It took Apple nine years to sell its first billion iPhones, a milestone reached in 2016.…
Reddit reported its second-quarter earnings on Thursday, highlighting a significant focus on AI-driven growth. The company’s advertising business remains its primary revenue source, generating $465 million and accounting for 93% of total revenue. This growth is supported by AI-powered marketing…
Yoel Roth, previously the head of Twitter’s Trust and Safety and now at Match, is sharing his concerns about the future of the open social web and its ability to combat misinformation, spam, and illegal content like child sexual abuse…
AI research lab Anthropic has become the top choice for enterprises, surpassing OpenAI in market share. According to a recent report from Menlo Ventures, Anthropic now holds 32% of the enterprise large language model market share by usage, while OpenAI…
