Meta is testing its first in-house chip for training AI systems, a key milestone as it moves to design more of its own custom silicon and reduce reliance on external suppliers like Nvidia.
Read More Exclusive: Meta begins testing its first in-house AI training chip
Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms in a sign that household finances remain healthy.
Read More US holiday retail sales stronger than last year, Mastercard says
Retailers are pulling out all the stops with steep promotions and discounts on their websites and apps after the long Thanksgiving weekend.
Read More US retailers aim to cash in on Cyber Monday with steep online discounts
Meta announced it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts.
Read More Meta, challenging OpenAI, announces new AI model that can generate video with sound
Meta prepared to kick off its annual Connect conference at its California headquarters, where it is expected to preview its first augmented reality glasses.
Read More Meta readies AR glasses reveal at Connect event
Apple’s new iPhone 16 failed to excite investors with long-expected AI features still in test mode even as an industry-first tri-fold phone from Huawei raised the stakes.
Read More Apple’s iPhone 16 faces rising challenges with AI delay and growing Huawei competition