Apple CEO says AI boom makes price increases 'unavoidable'
Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices of its products, according to an interview with the Wall Street Journal published on June 17.
Tech, semiconductor stocks lead Bursa gainers on US chip rally
KUALA LUMPUR: Technology and semiconductor stocks attracted buying interest in early trade on Friday, dominating Bursa Malaysia's gainers list.
After Zagreb and Madrid, Zurich latest European city to get robotaxis
Zurich is set to become the latest European city with a commercial robotaxi service, US ride-hailing platform Uber and Chinese technology company WeRide have announced.
Hyundai to buy SoftBank's remaining stake in Boston Dynamics for $325 million, newspaper says
SEOUL, June 19 (Reuters) - Hyundai Motor Group plans to buy SoftBank Group's remaining 9.65% stake in Boston Dynamics for $325 million to make the U.S. robotics firm a wholly owned subsidiary, South Korea's Maeil Business Newspaper reported on Friday.
Meta signs new AI computing deals with data center firm Crusoe, Bloomberg News reports
June 18 (Reuters) - Meta Platforms has secured new agreements to get AI computing power from data center developer Crusoe, Bloomberg News reported on Thursday, as it strengthens infrastructure required to support its AI expansion.
US court rules Ohio can restrict children's use of social media
June 18 (Reuters) - Ohio can implement a law requiring social media companies, including Meta Platforms' Instagram, to obtain parental consent before allowing children under 16 to use their platforms, a U.S. appeals court ruled on Thursday.
OpenAI introduces enhanced usage analytics, AI spending controls for ChatGPT Enterprise
June 18 (Reuters) - OpenAI on Thursday launched new usage analytics and updated spend controls for its ChatGPT Enterprise platform, designed to provide clients with greater visibility and management over their AI deployments.
Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
June 18 (Reuters) - Intel on Thursday named Seok-Hee Lee executive vice president of its contract chip-manufacturing division as it sharpens focus on its advanced packaging business.
SpaceX shares fall as post-IPO frenzy loses steam
June 18 (Reuters) - Shares of SpaceX dropped more than 6% on Thursday, as the post-IPO frenzy that briefly placed Elon Musk's rockets-to-AI firm among the world's top five most valuable companies appeared to fizzle out.
Exclusive-Meta lobbies Congress for protection from child-harm lawsuits
June 18 (Reuters) - Meta Platforms has lobbied the U.S. Congress for legal immunity from child-harm claims tied to social media products such as Instagram, as it faces thousands of lawsuits from young users and their families, according to a source familiar with the matter and proposed legislative language reviewed by Reuters.
