Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions
Alphabet's stock rises amid ongoing AI concerns.
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The day in brief
WhatsApp is set to introduce usernames later this year, allowing users to share their profiles without revealing their phone numbers. Starting this week, users can reserve their desired usernames to prevent overlaps, while businesses can claim existing usernames from Facebook or Instagram. The new feature will enhance privacy by ensuring usernames are not searchable, meaning only those who know the exact username can initiate contact.
The U.S. Supreme Court has ruled that individuals possess privacy rights concerning their cell-phone location data, significantly impacting law enforcement's use of geofence warrants. Authorities are now required to demonstrate probable cause to obtain such warrants, marking a shift from previous practices, though the warrants themselves are not banned.
The Wireless Power Consortium is advancing Qi2 technology to support 50W wireless charging, which could be featured in upcoming models of Google Pixel and iPhone devices. This development was highlighted during a recent meeting hosted by Xiaomi in Beijing, focusing on enhancing charging speeds. The Qi2 standard was initially introduced in 2023, with 25W charging expected to roll out in 2025.
Meta is implementing restrictions on the use of Anthropic's Claude Code and OpenAI's Codex among its engineers to prevent outputs from these AI tools from contaminating its training data. Internal documents reveal that the company has temporarily halted certain projects involving these models due to concerns about distillation, which could lead to unauthorized capability transfers from rival AI systems. Meta aims to build its own coding assistant, MetaCode, and is expected to spend billions on internal AI initiatives this year, reflecting a strategic shift to reduce reliance on external AI tools.
Apple has acquired the app Play, which won the 2025 Apple Design Award in the ‘Innovation’ category. Play specializes in creating interactive prototypes using SwiftUI, featuring a user-friendly interface that facilitates real-time collaboration across Mac and iPhone. The acquisition also includes certain assets and employees from Rabbit 3 Times, Inc., the developer behind Play. Following the acquisition, Play has been removed from the App Store, leading to speculation that its features might be integrated into Apple's Xcode or reintroduced as a standalone application.
Proception, a startup founded by ex-Tesla engineer Jay Li, has settled a trade secret lawsuit with Tesla and announced an $11 million seed funding round led by First Round Capital. Li, previously a technical lead on Tesla's Optimus robot program, believes the legal battle has strengthened his company. Proception is now focused on developing robotic hands that can mimic human dexterity, shipping its first batch of high-dexterity hands to researchers and robotics companies. The hands feature 22 degrees of freedom, allowing for a wide range of motions, and Proception's unique data collection method aims to accelerate advancements in dextrous manipulation.
Apple's recent price hikes have surpassed 50%, particularly affecting memory and storage upgrades, which have doubled in cost. The company is reportedly working on solutions, but analysts indicate that RAM prices will continue to rise through 2025. A recent report suggests a 40-45% year-on-year price increase, with any potential relief not expected until 2028, when new supply capacity may only partially meet the growing demand driven by AI data centers. A poll revealed that 75% of 9to5Mac readers believe these price increases will likely be permanent.
Firmus Technologies has partnered with Nvidia to construct a significant AI campus in Batam, Indonesia, featuring up to 170,000 Nvidia AI accelerators. This 360-megawatt Nvidia DSX AI Factory will provide extensive AI computing resources for global enterprise and AI-native clients. The facility is set to deploy advanced accelerators through 2027 and 2028, with the collaboration expected to continue until 2034. Firmus anticipates generating between $25 billion and $30 billion in offtake agreements during the first six years, enhancing access to Nvidia's AI infrastructure for clients worldwide.
Samsung and SK Hynix are set to invest $590 billion in chip production expansion, driven by soaring demand from AI data centers. This includes 800 trillion won for four new factories in southwestern South Korea, 81 trillion won for a packaging center, and 30 trillion won over 15 years for next-generation chips. The initiative aligns with President Lee Jae Myung's economic growth strategy. Jefferies Equity Research forecasts memory prices will increase 40-50% in Q3 2026, with further rises expected in Q4 and 2027, impacting consumer electronics costs.
The archive
Alphabet's stock rises amid ongoing AI concerns.
Read sourceWhatsApp introduces usernames for enhanced privacy.
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New bill aims to protect health data from AI companies.
Read sourceOil prices rise amid US-Iran tensions and shipping recovery hopes.
Read sourceMeta restricts AI tool use to protect training data.
Read sourceDeloitte warns consultants about AI's impact on billing models.
Read sourceProception settles lawsuit with Tesla and secures funding.
Read sourcePocket secures $11M to enhance AI note-taking devices.
Read sourceOmen AI raises $31 million to tackle data center cooling issues.
Read sourceUS military's AI targeting failed to recognize a school.
Read sourceFirmus and Nvidia to build a massive AI campus in Indonesia.
Read sourceProposed OMB rule threatens US scientific research funding.
Read sourceRocket Lab acquires Iridium Communications for $8 billion.
Read sourceApple acquires award-winning app Play for prototyping.
Read sourceAMD invests £2 billion in UK AI infrastructure.
Read sourcePutin admits to fuel shortages amid Ukrainian drone strikes.
Read sourceRedmagic's Astra 2 tablet confirmed for global launch.
Read sourceQi2 may enable 50W wireless charging for future devices.
Read sourceApple plans six new iPhone models for 2027.
Read sourceApple prices may not drop for years.
Read sourceOpenAI report outlines AI's impact on EU labor market.
Read sourcePanel discusses evolving AI security challenges and necessary skills.
Read sourceAI data centers face increasing climate-related risks.
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