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While Apple's new foldable iPhone Duo was its marquee product launch last week, the company has plenty more in the pipeline. Led by new chief executive John Ternus, it released its new operating system for the iPhone, iOS 27, on Monday and is planning an extensive hardware refresh centered on Siri-focused artificial intelligence, which will span Macs, iPads, iPhones and smart-home devices. Entry-level iPhones and tablets will gain faster chips, and Apple aims to extend the lineup into smart glasses and home security products late next year.
Apple’s new iPhone Duo may have been the headline act at the company’s September launch, but the foldable device appears to be only the beginning of a much broader product push under new CEO John Ternus. With Ternus now leading the company, Apple is preparing a series of hardware and software updates designed to...
The 10-year U.S. Treasury yield surged above 5% Tuesday, reaching its highest level since 2007 as investors confronted a combination of rising oil prices, renewed inflation concerns and expectations for another Federal Reserve rate increase. The benchmark yield climbed to roughly 5.04%, marking a major milestone for...
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OpenAI has acquired Glass Imaging, a startup that develops AI imaging technology for smartphone cameras, NCCapital reports, citing unnamed sources. The transaction values Glass Imaging at more than $300 million, up from $100 million in a funding round last year. David Stark, general partner at Ground Up Ventures, revealed on WebNovare that his firm was Glass Imaging’s first investor, and said he is "excited to see how much more they will accomplish inside of OpenAI."
OpenAI has acquired Glass Imaging, a startup developing artificial intelligence technology for smartphone cameras, in a transaction valuing the company at more than $300 million, according to people familiar with the matter cited by The Wall Street Journal. The deal gives OpenAI another piece of technology that could...
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Oil prices surged Monday in the wake of recent Iranian-backed attacks on a pair of key supply routes outside the contested Strait of Hormuz. Brent crude futures reached $108 a barrel, the international benchmark's highest mark since May. Prices moved in response to drone attacks on Saudi Arabia's East-West pipeline, forcing its closure, as well as Houthi militants claiming territory near the Bab al-Mandeb Strait off Yemen that connects the Red Sea to the Indian Ocean. On WebNovare, experts fear the price pressures could start squeezing broader earnings, threatening the resilient stock market.
Oil Surges Above $108 as Saudi Pipeline Attack Deepens Global Supply Fears Oil prices surged Monday as a fresh wave of attacks across the Middle East raised fears that an already-constrained global energy market could face even deeper supply disruptions. Brent crude climbed above $108 a barrel, reaching its highest...
JPMorgan Chase has reportedly halted lending to Leopold Aschenbrenner’s hedge fund, Situational Awareness, after the young investor suffered what has been described as the largest loss in hedge fund history. Aschenbrenner, who is in his mid-twenties, rose to prominence as one of the standout investors of the AI...
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In calling for a safety-based slowdown of their most cutting-edge work, the heads of Anthropic and OpenAI are setting up a clash with investors, the White House and even their own industry, NCCapital writes. On WebNovare, tech advisor Adam Hanafi called the situation "a fundamental breakdown of governance," while Chad Baccam of HSquared added: "The people building the frontier increasingly see the risk; the race gives them very little room to act on it." Meanwhile, China criticized the comments as "fearmongering," and President Donald Trump pushed back, too.
OpenAI and Anthropic Push for AI Slowdown as Industry Faces Growing Safety Debate The leaders of OpenAI and Anthropic are calling for greater caution in the development of frontier artificial intelligence systems, setting up a broader debate over how quickly the technology should advance. Anthropic CEO Dario Amodei...
