Samsung’s Galaxy Glasses Take Aim at Meta’s Ray-Ban Line
Samsung officially launched the Galaxy Glasses at its Unpacked event, a pair of smart glasses built around Google’s Gemini AI and aimed directly at the Ray-Ban smart glasses Meta has…
AT&T Posts Steady Gains as Telecom Spending Supports AI Buildout
AT&T reported second-quarter revenue of $31.6 billion on Wednesday, up 2.3 percent from a year earlier, with adjusted earnings before interest, taxes, depreciation and amortization of $12.3 billion, up 5.2…
Zuckerberg Casts AI as a Tool of Empowerment in New Campaign
Mark Zuckerberg has launched the most visible advertising campaign of his career, a video-led push arguing that artificial intelligence should empower people rather than replace them. The campaign, which Ad…
Blackstone Credits AI Infrastructure for 26% Jump in Earnings
Blackstone, the world’s largest alternative-asset manager, reported second-quarter distributable earnings of $1.98 billion on Wednesday, up 26 percent from a year earlier, and pointed to its artificial-intelligence infrastructure investments as…
Qualcomm Lands AI Chip Deals With Three Major Cloud Providers
Qualcomm has signed agreements to supply AI chips to three of the largest cloud-service providers, marking the company’s most serious entry into a market dominated by Nvidia, according to people…
South Korea’s KOSPI Jumps 3.7% as Chip Stocks Lead a Broad Rally
South Korea’s benchmark KOSPI index surged 3.72 percent on Thursday, its sharpest single-day gain in months, led by the country’s two largest chip makers. Samsung Electronics rose nearly 4 percent…
Intel Posts 22% Revenue Gain but Cuts Data Center Jobs
Intel reported second-quarter revenue up 22 percent from a year earlier on Wednesday, but the growth came with a round of layoffs in its data center and AI division, part…
Samsung Unveils Foldable Phone, Smart Glasses and New Watches
Samsung Electronics opened its Galaxy Unpacked event on Wednesday with a foldable phone, a pair of smart glasses and two new watches, a product spread designed to defend its lead…
Nvidia Unveils Edge AI Model and Ethernet Platform for Data Centers
Nvidia on July 22 introduced two products aimed at expanding its reach beyond the training chips that made it the most valuable company in the semiconductor industry. The first, Cosmos…
AMD to Invest Up to $5 Billion in Anthropic in AI Infrastructure Push
AMD announced a strategic partnership with Anthropic on Wednesday under which it could invest up to $5 billion in the AI company, and Anthropic will deploy AMD’s rack-scale Helios systems…
