Amazon Leo Wants 5,105 Satellites To Take Phone Coverage Beyond Cell Towers
Amazon Leo has proposed a 5,105-satellite direct-to-device network that could bring voice, messaging and data services to phones from space.
Reddit Earnings Beat As AI Search Turns Its Human Data Into A Bigger Question
Reddit reported $805 million in Q2 revenue and strong profit, but investors are watching how AI search and data licensing...
Apple Revenue Hits June Record As iPhone Sales Give AI Spending A Different Answer
Apple reported $109.4 billion in quarterly revenue as iPhone, Mac and Services sales set June-quarter records and EPS rose 29...
Amazon AWS Growth Surges As AI Demand Gives Spending A Better Answer
Amazon reported $200.6 billion in Q2 revenue as AWS grew 37 percent, giving investors a stronger answer on AI cloud...
Google DeepMind Pushes Gemini Robotics Toward Real-World Machines
Google DeepMind is pushing Gemini Robotics deeper into real-world machines as AI moves from chatbots into physical tasks.
Zoox Clears US Hurdle To Charge For Driverless Robotaxi Rides
Amazon-owned Zoox has cleared a key US hurdle to charge passengers for driverless robotaxi rides using its purpose-built vehicles.
Samsung Posts Record Profit As AI Memory Demand Reshapes Its Business
Samsung reported record quarterly revenue and operating profit as AI server demand lifted memory chips and strengthened its semiconductor business.
Arm Revenue Hits Record As AI Data Centre Demand Lifts Chip Royalties
Arm reported record quarterly revenue as AI data centre demand lifted royalties and strengthened its case beyond smartphones.
Qualcomm Profit Falls As Memory Costs And Weak Handsets Hit AI Chip Pivot
Qualcomm reported lower profit and weaker handset sales, even as automotive, IoT and data centre ambitions kept its AI diversification...
Meta Revenue Beats But AI Spending And Legal Costs Hit Profit
Meta reported $60.8 billion in Q2 revenue, but profit fell as AI spending, legal charges and severance costs weighed on...