Keep pulling the thread on Bloomberg Tech.
OpenAI is considering delaying its IPO until 2027, a timeline that would potentially see it go public after its rival Anthropic.
Apple raised prices across its hardware products, excluding the iPhone, citing unprecedented price gains in memory chips.
Deepu Talla of Nvidia believes the primary barrier to progress in humanoid robotics is the development of a general-purpose and accurate AI brain, not the physical hardware.
Minneapolis Fed President Neel Kashkari stated that in June he changed his forecast from one rate cut to one rate hike by the end of the year.
South Korea's KOSPI index has climbed 200% over the last 12 months, driven by retail investors and an AI-fueled chip rally.
Samsung could announce over $600 billion in spending over the next decade, which would mark the largest such plan in South Korea's history.
Nabila Popow of IDC predicts that Apple will increase the price of its iPhone models to maintain profit margins amid rising memory costs.
Nabila Popow of IDC now predicts that Apple could increase the price of its Pro Max iPhone models by as much as $200.
Micron has stated that memory supply will be tight for 18 months, which will keep prices elevated.
Disney plans to invest $60 billion in its parks and resorts over a 10-year period.
Minneapolis Fed President Neel Kashkari believes current inflation is not being driven by wages, but by supply dynamics and massive investment in data centers.
News of a potential delay in OpenAI's IPO caused shares of its investor SoftBank to fall significantly.