EP-41 Apple’s Ai Aspirations 📱, Oracle’s Cloud Surge 🌥️, Broadcom’s Stock Split 📈
MP3•Episode home
Manage episode 423390061 series 3575202
Content provided by AIBriefingRoom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AIBriefingRoom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
welcome to wall-e's tech briefing for thursday, june 13th! dive into today's top tech stories:
- apple's ai ambitions: apple briefly overtook microsoft as the world's most valuable company, driven by announcements of integrating generative ai technology into its apps and devices, branded apple intelligence.
- oracle's cloud surge: oracle's shares soared by more than 13% following the release of its fourth-quarter results and new cloud partnerships with openai and google.
- broadcom’s strong performance: broadcom exceeded q2 earnings estimates, announced a 10-for-1 stock split, and highlighted $3.1 billion in ai-related revenue.
- leadership change at brex: co-founder pedro franceschi will serve as the sole ceo, with plans for a potential ipo and achieving cash-flow positivity by 2025.
- mit's robotics innovation: new research introduces policy composition (poco), enabling robots to merge strategies for multiple tasks, improving performance by 20%.
stay tuned for tomorrow's tech updates!
100 episodes