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Retail inflation rose last month, but not enough to sound the sirens just yet...
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Market Chatter: OpenAI, Google, Anthropic Face Challenges to Develop More Advanced AI...
Continue ReadingApple (AAPL) is making its first foray into the smart home IP camera market, with mass production scheduled for 2026, targeting annual shipments in the tens of millions, says TF International Securities analyst Ming-Chi Kuo. Goertek has received the NPI and will be the exclusive assembly supplier, the analyst says. The smart home IP camera, scheduled for production in 2026, is designed to integrate seamlessly with other Apple hardware products via wireless connectivity. Current global smart home...
Continue ReadingFor those trying to figure out where the AI boom is headed next, at least one CEO says to look to how the internet evolved. In an interview with Yahoo Finance Anchor Seana Smith at the Yahoo Finance Invest conference, IBM (IBM) Chairman and CEO Arvind Krishna says to remember the lessons of the internet's halcyon days. In other words, don't expect all of AI's use cases to appear simultaneously. "I think AI is going to be just like the internet," Krishna said. "There's an initial boom, people are excited about what you would call social media, then came the boom of b2b and e-business...You can see what's happened to the world of online e-commerce." To watch live and see every interview from Yahoo Finance Invest, click here. Watch the full interview with Arvind Krishna here. This post was written by Conor White...
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The investment boost comes at a crucial time for Rivian, which aims to cut costs, achieve profitability, and launch its smaller, more affordable R2 SUV to attract budget-conscious consumers. The joint venture, Rivian and VW Group Technology LLC will integrate advanced electrical infrastructure and Rivian's software technology for both companies' future electric vehicles...
Continue ReadingElon Musk to lead a new government department, Exxon CEO cautions against leaving Paris climate agreement, more news to start your day...
Continue ReadingDeepL has made a name for itself with online text translation it claims is more nuanced and precise than services from the likes of Google — a pitch that has catapulted the German startup to a valuation of $2 billion and more than 100,000 paying customers. Now, as the hype for AI services continues to grow, DeepL is adding in another mode to the platform: audio. Users will now be able to use DeepL Voice to listen to someone speaking in one language and automatically translate it to another, in r...
Continue ReadingAnalyzing Shopify Inc.'s Q3 FY24 earnings, stock performance, growth levers, and risks to support a buy rating. Click for my updated look at recent SHOP results...
Continue ReadingThe President-elect appointed the Tesla CEO and crypto advocate to lead a new Department of Government Efficiency...
Continue ReadingA fault in the drive inverter in Cybertrucks manufactured between Nov. 6, 2023 and July 30 this year could cause the part to stop producing torque when the driver uses the accelerator pedal, resulting in a loss of propulsion and increasing the risk of a collision, Tesla said in a report. Tesla will replace the recalled drive inverter with one equipped with a functioning component at no extra cost, it said. After a two-year delay due to production and battery-supply challenges, Tesla began delivering its futuristic Cybertruck in 2023...
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