Dell Technologies surged 25% to hit a record high on Friday, following an upbeat annual forecast that indicated the tech equipment maker was also benefiting from the AI boom.
Cash-strapped Fisker’s shares skid nearly 47% on Friday after the electric vehicle startup flagged going-concern risks, job cuts and a pause in investments into future projects until it secures a partnership with a manufacturer.
Meta Platforms decided against a partnership with Alphabet to use Google’s Android XR platform for its virtual and mixed-reality Quest headsets, The Information reported on Friday.
Elon Musk has sued ChatGPT-maker OpenAI and its CEO Sam Altman, saying they abandoned the startup’s original mission to develop artificial intelligence for the benefit of humanity and not for profit.
Shares of SoundHound AI Inc slumped 24% on Friday after the AI voice provider posted downbeat quarterly results, taking some shine off a bumper rally last month fueled by surging interest in artificial intelligence.
Zscaler shares fell more than 7% on Friday after the cybersecurity firm disappointed investors with a slower pace of revenue growth and its failure to keep a tight lid on costs.
The European Union on Friday said it had sent a new request for information to U.S. tech giant Meta , asking for more information related to the subscription-based and ad-free versions of Facebook and Instagram announced last year.
Canadian artificial intelligence startup Cohere is opening an office in New York City as the company looks to capture the talents and customers there, the company told Reuters.
A number of government agencies in the European Union and elsewhere have voiced concerns about security risks as Apple opens up its iPhones and iPads to rival app stores to comply with EU tech rules, Apple said on Friday.
Li Auto officially launched on Friday its first pure electric model MEGA multi-purpose vehicle (MPV), which founder and CEO Li Xiang expects to become the Chinese electric vehicle startup’s top seller among cars priced above half a million yuan.
