Half of the 10 most valuable companies on Earth are making metaverse hardware
The metaverse is dead, long live the metaverse. Go to Source
Apple
Auto Added by WPeMatico
4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning
MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat. Go to Source
Apple used Google’s chips to train its AI — where does that leave Nvidia?
Nvidia’s shrinking market cap could signal a shift in the generative AI developer’s market. Go to Source
Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem. Go to Source
‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%. Go to Source
Apple Intelligence may be absent from initial iOS 18 rollout: Report
Apple’s new AI features will potentially arrive a few weeks later in October, giving developers more time to iron out potential bugs. Go to Source
TSMC becomes first Asian company to reach $1T as AI demand surges
The company is now worth more than Broadcom and closing in on Meta. Go to Source
Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’
The door is now wide open for Google and Microsoft to gain first movers’ advantage over the entire continent. Go to Source
Microsoft and Apple renounce OpenAI board membership
After investing $13 billion in OpenAI last year, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators. Go to Source
ChatGPT users on macOS shocked to learn chats were stored unencrypted
The problem has since been resolved, but it begs the question of how such an oversight happened in the first place. Go to Source