AI Outlays End Big Tech’s Long Run of Share Buybacks
Big Tech firms are redirecting cash from stock buybacks to AI infrastructure, removing a long-standing support for their share prices.
US stock futures rose as Intel shares jumped after President Trump said the chipmaker struck a domestic production deal with Apple.
President Trump announced that Apple and Intel have reached a deal for domestic chip production, though the scope stays narrow and timelines for advanced silicon remain distant.
The image-generation startup unveiled its first physical product, an ultrasound machine, at a San Francisco event.
Alphabet loses a senior AI researcher to its chief rival in the race for advanced models.
European manufacturers are moving artificial intelligence onto production lines to cut costs and hold their position against global rivals.
Tesco cited a 175 percent VMware price hike and Broadcom’s conduct in UK court filings as the reason for the migration.
The NRC chair said the agency has begun major reforms to nuclear plant licensing and checks to support rising AI energy demand under the Trump administration.
The White House directed Anthropic to revoke SK Telecom’s access to its most advanced models over alleged China ties, days before those models went offline.
Microsoft has grown a large business supplying OpenAI models to Chinese firms while US-China competition over artificial intelligence intensifies.
Apple’s new Personalized Collections feature in the App Store relies on tap-by-tap analytics that researchers say create detailed user profiles.
Google launches a Gemini-powered Home speaker on June 25 for $99.99, its first dedicated speaker in six years.
Rufus version 4.6 refines its bypass for the latest Windows 11 setup requirements with fixes aimed at silent installs and ARM hardware.
Xbox wants faster output from its studios, yet Bethesda's long development cycles for major titles like The Elder Scrolls 6 create an open question on timing.
Epic Games is exploring a system in Unreal Engine 6 that would allow cosmetic items purchased in Fortnite to appear in other Unreal-based games and the reverse.
Microsoft is adding the ability to sign into Edge using a Google account, ending a long policy that steered users toward Microsoft credentials instead.
Microsoft and Y Combinator will work together to give selected AI founders access to cloud credits, technical resources, and investor networks.
Uber will launch robotaxi service in Houston using vehicles from Lucid and Nuro, directly taking on Waymo in the country’s fourth-largest city.
The updates focus on easier device onboarding and cross-ecosystem sharing while tightening security requirements for certified products.
Beijing intends to build a dedicated mechanism that tracks how artificial intelligence changes the job market, reflecting official concern over effects on workers’ livelihoods.
Shareholders want Apple to replace repeated AI announcements with shipped products and measurable gains.
Apple released firmware version 1B211 for the Beats Studio Buds to close a microphone vulnerability, alongside routine updates for several AirPods models.