Nvidia hit a market value of $3.92 trillion, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI.
Read More Nvidia set to become world’s most valuable company in historyTag: Alphabet
Microsoft to cut about 4% of jobs amid hefty AI bets
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI betsUber, Waymo launch autonomous ride-hailing service in Atlanta
Uber is beginning autonomous ride-hailing in Atlanta with Alphabet unit Waymo after offering the service in Austin, Texas, since March.
Read More Uber, Waymo launch autonomous ride-hailing service in AtlantaZoox launches its first robotaxi production facility, taking on Tesla and Waymo
Zoox is testing in various U.S. cities with more than 20 vehicles and plans to launch the commercial services in Las Vegas this year.
Read More Zoox launches its first robotaxi production facility, taking on Tesla and WaymoAdobe brings AI-image generation app to phones, adds partners
Adobe released its first dedicated AI smartphone app in a bid to tap into a growing trend of sharing AI images and videos over social media.
Read More Adobe brings AI-image generation app to phones, adds partnersJudge in Google case questions future of search amid rise of AI
At issue is whether the tech giant should be forced to sell its Chrome browser or adopt other measures to restore competition in online search.
Read More Judge in Google case questions future of search amid rise of AI