Apple shares rise over 3% after positive sales outlook signals iPhone recovery
Apple forecasts strong sales growth despite a slight dip in iPhone revenues, attributed to a cautious AI rollout. CEO Tim Cook noted that AI features will reach more users in Europe, boosting shares.
SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US ...