In a stunning turn of events, Nvidia Corporation has eclipsed Apple Inc. to become the world’s most valuable company by market capitalization. As of November 6, 2024, Nvidia’s market cap surged to approximately $3.431 trillion, surpassing Apple’s $3.377 trillion. This remarkable ascent underscores Nvidia’s dominance in the burgeoning artificial intelligence (AI) sector. Nvidia’s meteoric rise […]
OpenAI has rocked the tech world yet again by raising a jaw-dropping $6.6 billion in fresh funding, launching the company’s valuation to a staggering $157 billion. This latest round of investment comes amid an ongoing arms race for AI supremacy, with tech giants and venture capital firms clamoring for a stake in the booming artificial […]
The European Union is turning up the heat on Apple, demanding the tech giant open its iOS and iPadOS operating systems to third-party developers and rival tech. The EU’s bold move comes under the Digital Markets Act (DMA), designed to tackle the dominance of major players like Apple. The stakes are high, with Apple potentially […]
Qualcomm faces another blow in its ongoing battle with European regulators. The European Court of First Instance has upheld most of the tech giant’s hefty antitrust fine, albeit with a slight reduction. The penalty, initially set at €242 million, was trimmed to €238.7 million after the court ruled that some calculation errors had been made […]
Apple is set to make a major leap in artificial intelligence with the introduction of Apple Intelligence, a new generative AI platform that will be integrated into its upcoming operating system updates—iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1. This AI suite is designed to deliver a more personalized, intuitive, and secure user experience, harnessing […]
Apple has officially announced the iPhone 16 and iPhone 16 Plus at its highly anticipated September 2024 event, revealing a range of innovative features aimed at enhancing user experience and redefining smartphone capabilities. Powered by the new A18 chip, these devices incorporate the latest advancements in artificial intelligence, camera technology, and user interface, making them […]
Apple Inc. is setting a new standard in digital storytelling with the launch of its innovative Apple Immersive Video format, premiering on Apple Vision Pro starting July 18. This unique format features 3D video recorded in stunning 8K resolution across a 180-degree field of view, coupled with Spatial Audio to create an unprecedented level of […]
Clean Max Enviro Energy Solutions (CleanMax), a leader in renewable energy for the Commercial and Industrial (C&I) sector in Asia, has announced a joint venture (JV) with global tech giant Apple. This partnership marks a significant milestone in India’s renewable energy sector, focusing on the development of rooftop solar projects across the country. The collaboration […]
In an impressive display of financial performance, Apple Inc. announced its fiscal 2024 first quarter results, covering the period ended December 30, 2023. The Cupertino-based tech giant reported a quarterly revenue of $119.6 billion, marking a 2 percent increase year over year. This growth was accompanied by a significant rise in quarterly earnings per diluted […]
Amkor Technology, Inc., a leader in semiconductor packaging and test services, has announced its significant investment plan for an advanced packaging and test facility in Peoria, Arizona. The project, marking a substantial commitment to the US semiconductor industry, is projected to involve approximately $2 billion in investment and create about 2,000 jobs. Largest Outsourced Advanced […]