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ChatGPT can now text on a Mac owner's behalf, and OpenAI stays quiet on data
Cryptopolitan·3 hours ago
- OpenAI activated a new feature on Thursday that allows ChatGPT to read, draft, search, and send iMessage, SMS, and RCS texts on Mac. - The integration connects with professional accounts like Codex and ChatGPT Work, though OpenAI warns users that disabling persistent approval removes the final review step before sending. - While OpenAI states the plug-in runs locally without indexing all messages, specific details regarding data handling remain vague amid shifting partnerships between Apple and OpenAI.
GOOGL-1.17%GOOG-1.02%
Broadcom Steps up NVIDIA Challenge With Potential $100 Billion AI Financing Deal
benzinga_article·2 hours ago
- Broadcom Inc. is discussing a potential $100 billion financing package involving senior and junior debt to help companies like Anthropic secure custom AI chips and infrastructure. - The company is expanding its AI partnerships with firms like Blackstone and Apollo, while also securing major customer agreements exceeding $30 billion with Apple and OpenAI. - These strategic financial initiatives aim to support management's projection of AI chip sales surpassing $100 billion next year and enhance competition with NVIDIA.
NVDA-0.33%NVW0.00%
IREN Just Passed Its Biggest AI Test as Microsoft and Nvidia Bet Billions
Barchart Option·15 hours ago
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Fabrinet Sees AI Optical Demand Fueling Years of Growth, Expands Capacity
Market Beat·8 hours ago
- Fabrinet executives reported strong market demand across data center interconnect, datacom, automotive, and industrial sectors, driven significantly by artificial intelligence applications. - The company is actively expanding its manufacturing capacity through projects like Building 10 and new facilities to support projected multi-year growth opportunities and scale toward an estimated $9.8 billion capacity. - Fabrinet plans to maintain its pure-play contract manufacturer strategy while diversifying its customer base and advancing precision packaging capabilities.
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Micron CEO: AI has 'totally changed' the equation for the boom-and-bust memory industry
CNBC·13 hours ago
- Micron CEO Sanjay Mehrotra stated that artificial intelligence has fundamentally transformed the historically cyclical memory chip industry into a durable market. - The company is advancing a 250 billion dollar U.S. manufacturing investment, including a massive fabrication site in Boise scheduled to produce wafers in mid-2027. - Driven by persistent AI demand, Micron is securing long-term strategic agreements with customers to ensure sales visibility and manage supply shortages.
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Google Is Reportedly Working with AMD for Its New TPU. What This Means for AMD Stock.
Barchart Option·17 hours ago
AMD+0.65%AMUU+1.04%
Moderna's cancer-vaccine breakthrough drives broad biopharma stock rally
MarketWatch·1 day ago, 07:28 PM
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India Orders Google to Shut Down Hundreds of Firebase Accounts After Bank Scam Wave: Report
benzinga_article·2 hours ago
- Indian authorities ordered Google to shut down hundreds of Firebase accounts and websites linked to bank-impersonation scams. - The Indian Cyber Crime Coordination Centre directed the removal of at least 57 Firebase-hosted platforms in August to prevent malware distribution and financial data theft. - Google faces potential liability if flagged links are not removed within 3 hours, although the company itself is not accused of wrongdoing.
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Meta's $1.4 Trillion Legal Risk Takes a New Turn
GuruFocus·1 day ago, 10:14 AM
- Meta Platforms Inc. is facing a significant child-safety trial involving California and other states. - California Attorney General Rob Bonta clarified that the theoretical $1.4 trillion maximum penalty is not what states are actually seeking, with a more realistic figure around $200 billion. - The trial is expected to last six to seven weeks, leaving Meta exposed to a substantial financial penalty determined by the judge.
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TerraPower’s nuclear reactor has a secret weapon for powering AI data centers
TechCrunch·1 day ago, 10:49 AM
- Bill Gates-founded TerraPower plans to announce its first data center project this year, with construction expected to break ground in 2027. - The company's 345-megawatt molten salt-cooled reactor features an energy storage system that stores extra heat in molten sodium during low demand. - This storage technology allows the reactor to maintain peak capacity while flexibly meeting the volatile power demands of AI data centers.
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Pioneer Wealth Management Group Purchases 6,640 Shares of Apple Inc. $AAPL
Market Beat·3 hours ago
- Apple Inc. reported quarterly earnings of $ 2.02 per share with revenue reaching $ 109.42 billion, outperforming analyst expectations and showing year-over-year growth. - Institutional investors and major hedge funds adjusted their holdings significantly, while company insiders executed share sales totaling 2,994 shares. - Market analysts maintained a consensus Moderate Buy rating with a target price of $ 330.53 amid upcoming leadership transitions and ongoing product developments.
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Google gives publishers a new way to fight AI-driven traffic losses
TechCrunch·17 hours ago
- Google is introducing an interactive Preferred Sources button that publishers can embed on their websites to help readers highlight trusted sources across Google Search, Discover, and Google News. - This feature aims to mitigate traffic losses for publishers caused by AI-driven search features by making preferred sources twice as likely to receive click-throughs. - Additionally, Google is launching natural language customization for the Discover feed and daily audio briefings in the Google News app for Android users.
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VTIX: Orders up 150% post-Meta launch, gross margin hits 30%, and defense/enterprise momentum grows
Quartr·21 hours ago
- Vuzix reported a 150 % surge in orders following its Meta partnership. - Gross margin expanded to 30 % alongside growing momentum in defense, enterprise, and healthcare sectors. - The company focuses on profitability and securing larger contracts moving forward.
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AMZN vs. GOOGL: Rosenblatt Sees One Tech Stock as the 'Most Resilient Leader'
Tip Ranks·20 hours ago
- Rosenblatt Securities analyst Scott Devitt initiated coverage on Amazon and Alphabet with Buy ratings, identifying Amazon as a resilient leader with a $335 price target and Alphabet with a $410 price target. - Amazon stands out due to accelerating AWS growth, which rose 37% year-over-year in the second quarter, along with expanding AI exposure and a vast fulfillment network. - Alphabet also presents AI upside driven by cloud profits and custom Tensor Processing Units, though a cloud growth slowdown remains a key risk for the stock.
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Razorpay Launches Vulcan, India's First AI Payments Foundation Model, Fueled by NVIDIA and AWS - Re-architecting Payments for a $350 Bn E-Comm Future by 2030
Press Releases·2 days ago, 02:06 PM
- Razorpay has launched Vulcan, India's first transformer-based AI payments foundation model built with NVIDIA and AWS technology. - Trained on nearly 3 trillion data points across 4 billion payments, the model aims to enhance digital payment reliability, safety, and predictability as India's e-commerce market approaches a projected $350 billion by 2030. - Early implementations have already delivered an 8-10% improvement in payment success rates and significantly increased international card fraud detection.
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