Apple CEO Tim Cook holds an iPhone 17 pro and an iPhone air, as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters Apple announced on Monday that CEO Tim Cook will be replaced by John Ternus. Executives across the tech…
San Jose CA, commercial hub of silicon valley and its network of freeways. Steve Proehl | The Image Bank | Getty Images Despite the C-suite’s enthusiasm over artificial intelligence agents that can plow through office tasks like never-sleeping interns, the underlying technology is still rickety and a potential cost-sucker. That much was clear this week…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Amazon and Walmart’s Flipkart dominate India’s e‑commerce market. This week, I unpack why the U.S. giants are keen to expand in the…
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech’s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning…
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design of Meta’s custom in-house AI accelerators through 2029. At the same time, Meta said Broadcom’s CEO, Hock Tan, told Meta last week that he has decided…
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, April 11, 2026. Bonnie Cash | Bloomberg | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily…
Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI’s Alexandr Wang nine months ago, as the Facebook parent aims to carve out a niche in a market that’s being dominated by OpenAI, Anthropic and Google. Dubbed Muse Spark and originally code-named Avocado, the AI model announced Wednesday is…