Tag: tech-industry

Apple appoints a new AI product marketing VP, aiming to strengthen Siri’s position amid competitive pressures in artificial intelligence.

Microsoft’s plan to invest $146 billion in AI has unsettled investors, leading to a 25% drop in its stock amid fears of poor quarterly performance.

Tech stocks hit their worst weekly drop in nearly a year due to war-induced energy price hikes and mounting legal challenges facing Meta.

Ayaneo raises prices on select portable consoles and discontinues some models due to increasing memory chip costs and supply constraints.

SoftBank has arranged a $40 billion interim loan to increase its investment in OpenAI and support broad corporate initiatives.

Samsung and SK hynix invested close to $1 billion last year to expand memory chip manufacturing in China amid ongoing US restrictions.

Google’s new AI compression tech, TurboQuant, could slash memory needs for large language models, impacting memory chip makers’ market demand.

DJI has initiated a patent infringement lawsuit against Insta360 in China, citing stolen technology and employee transitions between companies.

Meta has launched another round of layoffs targeting several departments as it intensifies focus on artificial intelligence development.

Swiss hearing aid maker Sonova is set to sell its Consumer Hearing segment along with the Sennheiser headphones division acquired in 2021.

Sandisk has invested $1 billion in Taiwanese DRAM producer Nanya Technology as part of a larger $2.5 billion private stock placement.

OpenAI plans to raise $10 billion from smaller institutional investors to support its AI development alongside major backers.

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