Apple CEO Tim Cook said DeepSeek’s AI models represent “innovation that drives efficiency” on an earnings call on Thursday while fielding questions from analysts about the iPhone maker’s ambitions around AI. “In general, I think innovation that drives efficiency is a good thing. And, you know, that’s what you see in that model,” said Cook, […]
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Google has quietly announced the launch of its next-gen flagship AI model, Gemini 2.0 Pro Experimental, in a changelog for the company’s Gemini chatbot app. The launch of Gemini 2.0 Pro Experimental, the successor the Gemini 1.5 Pro model Google launched last February, comes as the tech world remains fixated on Chinese AI startup DeepSeek. […]
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Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday, […]
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Apple’s latest earnings were a mixed bag filled with slipping iPhone sales and countered by rising revenue. Reporting after the bell Thursday, the iPhone maker’s overall revenue in the first quarter of 2025 beat Wall Street expectations, with a 4% bump to $124.3 billion over the same time last year. Apple reported net income of […]
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For nearly nine years, Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest admission that many are not. Musk said on a conference call Wednesday evening that Tesla cars equipped with so-called Hardware 3 will need an upgrade before they can support unsupervised […]
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OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the […]
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The company, founded by 25-year-old Kian Sadeghi, announced a $14 million Series A, bringing its total funding to about $32 million.
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Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to […]
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