The Tech World is Abuzz with AI Developments

The past week has been a whirlwind of excitement in the tech world, with major developments in artificial intelligence, space exploration, and more. From Elon Musk’s xAI building a “gigafactory of compute” in Memphis to SpaceX’s successful Starship launch, there’s been no shortage of news to get excited about.

Nvidia Takes the Lead

In a surprising turn of events, Nvidia has overtaken Apple as the world’s second-most valuable company, behind only Microsoft. This comes just before Apple’s Worldwide Developers Conference, where the tech giant is expected to unveil long-awaited AI features for its products. Meanwhile, short sellers are betting that Nvidia’s stock price will fall back down to earth.

Big AI in the Hot Seat

The Department of Justice and Federal Trade Commission have launched an antitrust investigation into Big AI, with CEOs from Nvidia, Google, and Meta testifying before the U.S. Senate. The probe comes as tech giants are investing heavily in AI, with some executives earning millions in compensation each year.

Amazon’s Pharmacy Business Takes Off

Amazon’s pharmacy business is expanding its physical presence and eyeing increased revenue from the new class of weight loss drugs. Meanwhile, Zoox, a self-driving vehicle startup owned by Amazon, is preparing to test its cars on the streets of two new cities.

Google’s Privacy Issues

Google leaders overseeing privacy and competition are departing this year as the company restructures its teams. Meanwhile, a new lawsuit alleges that Google collected sensitive user information between 2013 and 2018.

Apple’s AI Ambitions

Apple is going all-in on artificial intelligence, partnering with the company that kicked off the generative-AI hype. The tech giant is also reportedly turning to the company for help with its AI ambitions.

AI chip

Microsoft and Google Slash Jobs

Microsoft and Google are slashing jobs from their Cloud divisions as the companies shift gears to focus on AI. The move comes as tech giants are investing heavily in AI, with some executives earning millions in compensation each year.

AI jobs

SpaceX’s Starship Launches Successfully

Elon Musk’s SpaceX has successfully launched its Starship spacecraft, a fully reusable megarocket designed to travel to the Moon and Mars. The launch marks a major milestone for the aerospace company.

Starship launch

Apple’s Worldwide Developers Conference

Apple’s Worldwide Developers Conference is just around the corner, with the tech giant expected to unveil long-awaited AI features for its products. The conference will allow the public to listen in as Tim Cook presents Apple’s latest and greatest product updates.

WWDC

Tech Giants Invest in AI

Tech giants have been on an artificial intelligence spending spree, doling out billions of dollars to invest in, poach from, and gobble up smaller companies developing AI technology. The move comes as AI becomes increasingly important in the tech world.

AI investment