Tech

Tim Cook announces AI’s importance at Apple meeting

Tim Cook announces AI as Apple’s next key focus during first all-hands meeting amid competitive pressures and internal challenges

Published

6 months ago

August 3, 2025

Ahron Young

Tim Cook announces AI as Apple’s next key focus during first all-hands meeting amid competitive pressures and internal challenges

In Short:
– Tim Cook emphasised AI as Apple’s major focus, likening its importance to past tech revolutions.
– He acknowledged delays in the Siri project and called for faster AI integration amid talent challenges.

Apple CEO Tim Cook addressed employees in a rare all-hands meeting at the Steve Jobs Theater, emphasising artificial intelligence as the company’s next major focus.

According to Bloomberg, Cook stated that AI is essential for Apple’s future and compared its significance to previous technological revolutions, such as the internet and smartphones.

The meeting followed a successful third-quarter earnings report and addressed concerns about Apple’s slower pace in AI development.

Cook stated, “Apple must do this. Apple will do this.”

Internal Challenges

Cook also acknowledged significant delays in the Siri project, revealing that the dual-version strategy was inadequate for quality expectations.

The enhanced Siri, labelled “V2”, now aims for a launch in spring 2026. Cook encouraged faster integration of AI in products amid internal talent struggles, with engineers leaving for competitors.

Major structural shifts have occurred in Siri’s development team, and Cook hinted at potential acquisitions to expedite Apple’s AI objectives.

Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

Published

3 days ago

February 2, 2026

Harvey Vargas

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

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News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

6 days ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Tech

Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

Published

1 week ago

January 27, 2026

Harvey Vargas

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

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