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Technology



Zoox Receives Regulatory Approval to Expand Its Autonomous Robotaxi Fleet

Zoox, the autonomous vehicle company owned by Amazon, has received regulatory approval in the United States to significantly expand the deployment of its self-driving robotaxi fleet. The decision marks an important milestone for the company as it seeks to strengthen its position in the rapidly evolving......

Amazon rally lifts Nasdaq futures despite Apple sell-off on supply concerns

U.S. stock index futures moved higher on Friday, with the Nasdaq 100 leading gains as a strong rally in Amazon helped offset a sharp decline in Apple following contrasting earnings updates from the two technology giants. The divergent market reaction illustrates how investors continue to differentiate......

Apple shares fall as supply constraints raise concerns over growth and iPhone demand

Apple shares fell sharply in premarket trading on Friday after the company warned that ongoing supply constraints are expected to weigh on future growth, prompting investors to reassess both production prospects and consumer demand for upcoming iPhone models. The stock dropped 7.3% before the opening......

Meta expands AI features to Threads direct messages

Meta has announced the rollout of its Meta AI assistant to direct messages (DMs) on Threads, marking another step in the company's strategy to integrate artificial intelligence across its family of social media platforms. The update allows users to interact privately with the AI assistant without......

AI-powered recommendations increase user engagement on Instagram

Artificial intelligence is playing an increasingly important role in shaping how people interact with social media platforms. Recent developments in Instagram's recommendation systems have significantly improved the platform's ability to personalize content, resulting in longer user sessions......

Scale AI appoints former Google Cloud executive Francis DeSouza as CEO

Artificial intelligence company Scale AI has appointed former Google Cloud executive Francis DeSouza as its new Chief Executive Officer, a leadership change aimed at accelerating the company's expansion in AI data services and enterprise applications. DeSouza will officially assume the role on August......

Amazon's Zoox secures historic US approval for steering-wheel-free robotaxis

Amazon-owned Zoox has achieved a landmark breakthrough in the autonomous mobility sector after receiving the first U.S. regulatory approval to commercially operate paid robotaxis built without a steering wheel or traditional driver controls. The decision represents a major step toward the commercialization......

Meta’s massive AI investment strategy exposes growing pressure over computing costs

Meta’s aggressive expansion into artificial intelligence is highlighting a growing challenge for the technology giant: how to balance the enormous cost of building AI infrastructure with investor expectations for stronger financial returns. The company behind Facebook and Instagram has committed......

Amazon and Walmart AI tools detect false ‘Made in USA’ claims but fail to act, study finds

A new study has raised concerns over the role of artificial intelligence in online retail, finding that shopping assistants used by Amazon and Walmart can identify potentially misleading “Made in USA” claims but are not being deployed to prevent questionable product listings from reaching......

AI infrastructure spending drives hyperscalers to record bond issuance as borrowing costs climb

America's largest technology companies are turning increasingly to the bond market to finance massive investments in artificial intelligence infrastructure, even as investors demand higher yields to absorb the surge in corporate debt issuance. A Reuters analysis of LSEG data shows that Amazon, Alphabet,......

Meta and BlackRock invest $14 billion in major AI data center project

Meta Platforms and BlackRock have announced a major joint investment project to develop a large-scale data center campus in Texas, with total investment expected to reach approximately $14 billion. The initiative highlights the growing global demand for infrastructure capable of supporting the rapid......

Trump administration restricts foreign-made robots and power inverters over China security concerns

The Trump administration has introduced new restrictions on certain advanced foreign-made robots and power inverters used in solar energy systems, citing concerns over cybersecurity, espionage and potential threats to critical infrastructure, according to reports by Politico. The measures were announced......

Cognizant lowers revenue outlook as cautious IT spending weighs on growth

Cognizant Technology Solutions has issued a cautious revenue forecast for the coming quarter, signaling continued pressure on corporate technology spending as businesses remain selective about new investments. The IT services provider said Wednesday that third-quarter revenue is expected to fall between......

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