Author: Advanced AI Editor

An image of Sam Altman in front of a blue background_ Image by jamesonwu1972 via Shutterstock_ Sam Altman, CEO of OpenAI, is recognized globally as a leading voice in artificial intelligence (AI) and a key architect of its rapid advancement. His recent comments on President Donald Trump’s influence over AI policy reveal both a respect for the complexity of the decisions ahead and an appreciation for Trump’s adaptability in the face of technological change. Altman stated in the Bloomberg interview, “I think he will get to make some of the most important decisions anyone in the world has gotten to…

You’ve read about it all over, including in Fortune Intelligence. Maybe you or friends have been impacted: artificial intelligence is already transforming work, not least hiring and firing. Nowhere is the impact more visible than in the labor market. The technology industry, the original epicenter of AI adoption, is now seeing many of its own workers displaced by the very innovations they helped create. Employers, racing to integrate AI into everything from cloud infrastructure to customer support, are trimming human headcount in software engineering, IT support, and administrative functions. The rise of AI-powered automation is accelerating layoffs in the tech…

We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer recently discussed. International Business Machines Corporation (NYSE:IBM) is one of Cramer’s favorite technology stocks. Throughout this year, the CNBC TV host has expressed optimism about the firm’s CEO and the firm’s consistency in winning contracts for its enterprise computing business. International Business Machines Corporation (NYSE:IBM)’s shares fell by 7.6% after the firm’s latest earnings report saw software revenue of $7.39 billion miss analyst estimates of $7.43 billion. Cramer discussed the earnings report:…

Alphabet Inc. (NASDAQ:GOOGL) ranks among the best magic formula stocks to invest in. Robby Stein, VP of Product at Google Search, announced that Alphabet Inc. (NASDAQ:GOOGL)’s Google will begin implementing new, complex AI features into its Search engine on July 16. Alphabet (GOOGL) Unveils New AI Search Features for Advanced Research and Problem-Solving The update includes Deep Search for sophisticated thinking and research, as well as Gemini 2.5 Pro, Google’s most advanced model to date, in its AI Mode. AI Pro and AI Ultra subscribers are the first to have access to these features. In AI Mode, users can now…

International Business Machines Corporation (NYSE:IBM) is one of the AI Stocks Making Waves on Wall Street. On July 24, Bank of America reiterated the stock as “Buy” and lowered the firm’s price target on IBM (IBM) to $310 from $320 following a “mixed quarter.” The bank said that IBM is well-positioned for growth following its most recent financial report. The company reported adjusted earnings per share of $2.80 for the quarter, beating the LSEG estimate of $2.64. Meanwhile, revenue came in at $16.98 billion, ahead of the expected $16.59 billion. “IBM reported a mixed quarter, where organic software deceleration was offset…

(Bloomberg) — Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division. Most Read from Bloomberg South Korea’s largest company announced on Monday that it secured the 22.8 trillion won chipmaking agreement, which will run through the end of 2033. The plan is for an upcoming plant in Taylor, Texas, to produce Tesla’s next-generation AI6 chip, Tesla chief Elon Musk said on X, confirming a Bloomberg News report. Samsung’s Seoul-traded shares rose 6.8% to their highest since September, while its suppliers like Soulbrain Co. jumped…

IBM (IBM, Financials) shares sank about 6% in after-hours trading on Wednesday after the firm announced second-quarter profits that were better than Wall Street expected but not as good as expected for software performance. The adjusted earnings per share were $2.80, which was more than the $2.64 consensus. The sales also went up 8% from last year to $16.98 billion, which was more than the $16.59 billion estimate. Net income went up to $2.19 billion, or $2.31 per share, from $1.83 billion, or $1.96 per share, in the same quarter previous year. Software sales went up 10% to $7.39 billion,…

Image Credits:M. Reinerston/The Photo Group / Flickr under a CC BY 2.0 license. At TechCrunch Disrupt 2025, the AI Stage comes alive with the voices shaping the future of technology, creativity, and security. Top VCs reveal what it takes to win funding in a rapidly evolving landscape, as they place bets on the next wave of AI founders. Hear groundbreaking insights from leaders at visionary startups like Apptronik, ElevenLabs, Hugging Face, Runway, Wonder Dynamics, Writer, and Wayve — pioneers redefining the future of tech. These leaders, and many more below, represent the cutting edge of AI’s growing impact. On the…

Costfoto / NurPhoto via Getty Images Alibaba’s Quark AI Glasses are due for release by the end of 2025 Alibaba Group Holdings unveiled its first AI-powered smart glasses Monday, as the Chinese tech giant launches a wearable with features rivaling those of Meta Platforms’ offering with Ray-Ban. The Quark AI Glasses are the Chinese ecommerce firm’s first AI glasses and are scheduled for official release in China by the end of the year. Alibaba’s U.S.-listed shares, which entered Monday up more than 40% this year, are rising 1.5% in premarket trading. Alibaba Group Holdings (BABA) unveiled its first AI-powered smart glasses…

Hector Retamal / AFP / Getty Images Tesla reportedly will be using the new chips in its Optimus humanoid robots, in its cars, and in data centers that power those products Tesla has agreed to a $16.5 billion deal to buy next-generation semiconductors from Korean electronics maker Samsung. Samsung said it had secured an undisclosed new customer in a regulatory filing, and Tesla CEO Elon Musk later confirmed that the contract was with his company. The deal will run through the end of 2033, as Samsung will make Tesla’s next-generation AI6 chip. Tesla (TSLA) is set to get its next…