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Joby, Toyota form electric air taxi joint venture
Manufacturing Dive86d agoneutral
Joby, Toyota form electric air taxi joint venture

The new entity is part of the companies’ strategic alliance that has been in the works since 2024, which aims to support the certification and commercial production of Joby’s eVTOL aircraft.

AI Chips Update - Etched Unveils AI Chip with $1 Billion in Contracts
Simply Wall St.86d agoneutral
AI Chips Update - Etched Unveils AI Chip with $1 Billion in Contracts

Etched has emerged from stealth mode, unveiling its working AI chip alongside securing over $1 billion in customer contracts. The company announced the raising of $800 million in funding, highlighting significant support from notable investors and thought leaders in the AI field. Etched has achieved first-pass silicon success and is validating its rack-scale inference systems with clients, aiming to make AI inference significantly faster, cheaper, and more efficient. With production ramping...

BlackBerry (TSX:BB) Launches AtHoc Upgrade With Microsoft Teams And Entra ID
Simply Wall St.86d agobullish
BlackBerry (TSX:BB) Launches AtHoc Upgrade With Microsoft Teams And Entra ID

BlackBerry (TSX:BB) released major upgrades to its AtHoc mission orchestration platform, integrating with Microsoft Teams and Microsoft Entra ID. The update adds new dispatch controls and situational awareness tools for enterprise and government clients that rely on AtHoc for crisis management and critical communications. For investors tracking BlackBerry, this AtHoc update sits at the intersection of secure communications, critical event management, and cybersecurity software. By linking...

Genpact (G) Launches AI Deductions Recovery Tool For Consumer Goods Companies
Simply Wall St.86d agoneutral
Genpact (G) Launches AI Deductions Recovery Tool For Consumer Goods Companies

Genpact (NYSE:G) has launched an AI powered Deductions Recovery solution for consumer goods companies. The platform uses Microsoft Azure and specialized AI agents to automate deduction management and recovery processes. The offering is designed to address revenue leakage, compliance needs, and manual workload in trade deductions. Genpact is rolling out this solution at a time when its stock has seen sustained pressure, with the share price at $27.5 and down 40.1% year to date and 37.7% over...

Flex Ltd. (FLEX) Introduces Three New Power Solutions at COMPUTEX 2026
Insider Monkey86d agoneutral
Flex Ltd. (FLEX) Introduces Three New Power Solutions at COMPUTEX 2026

Flex Ltd. (NASDAQ:FLEX) is the most recent addition to the S&P 500 index, and year-to-date it has surged over 142%. However, since joining the index last week, the shares have plunged over 2.50%. On June 1, Flex Ltd. (NASDAQ:FLEX) reported its latest additions at COMPUTEX 2026. The company has announced three new power solutions designed […]

Amazon (AMZN) Launches $1 Billion AI Engineering Unit Inside Customer Organizations
Simply Wall St.86d agoneutral
Amazon (AMZN) Launches $1 Billion AI Engineering Unit Inside Customer Organizations

Amazon Web Services is creating a new Forward Deployed Engineering division funded with US$1b. The unit will embed specialist AI engineers directly inside customer organizations. The aim is to speed up enterprise adoption of AI and agentic AI systems through hands-on co-development. For investors following Amazon.com, Inc. (NasdaqGS:AMZN), this move highlights how important AI services are within the wider AWS business. Instead of only offering tools and guidance from the outside, AWS plans...

Coca-Cola launches exclusive soda flavor at fast-food giant
TheStreet86d agoneutral
Coca-Cola launches exclusive soda flavor at fast-food giant

Coca-Cola (KO) has a secret weapon in the soda wars, and it’s not simply another bottle on the grocery-store shelf. A big part of that is its Freestyle machine, which gives customers something PepsiCo has never been really able to match at the same scale. Now Coca-Cola is using that advantage again ...

Amazon AWS launches new AI engineering division with $1B commitment
Proactive87d agoneutral
Amazon AWS launches new AI engineering division with $1B commitment

Amazon Web Services (AWS) on Tuesday launched a new Forward Deployed Engineering (FDE) organization, committing $1 billion in internal resources to help customers build and deploy artificial intelligence systems. The new unit will embed AI-focused engineers within customer organizations to...

Visa (V) Launches Travel Platform And Expands Cross Border Partnerships
Simply Wall St.87d agobullish
Visa (V) Launches Travel Platform And Expands Cross Border Partnerships

Visa (NYSE:V) has launched "Visa Destinations", a travel platform offering curated experiences, exclusive access, and benefits to cardholders in key global locations. The company has announced new and expanded partnerships with Santander, Global Blue, Star Alliance, and Trip.com Group to support travel and experience focused services. Visa is also increasing its presence in high growth regions such as Vietnam through a direct partnership with 9Pay and by deploying Visa Cloud Connect with...

Reddit (RDDT) Launches New Ad Campaign Built Around Human Conversations
Simply Wall St.87d agoneutral
Reddit (RDDT) Launches New Ad Campaign Built Around Human Conversations

Reddit, NYSE:RDDT, has launched a new brand campaign called "People Are the Best" focused on human conversations and authenticity on its platform. The campaign highlights real user interactions at a time when AI generated content is becoming more common across the internet. CEO Steve Huffman has framed the initiative as a way to underline Reddit's community driven model for both users and advertisers. For investors watching Reddit at a share price of $174.39, this campaign speaks directly...

Tech Weekly: Tesla's FSD tech up for debate, Shell unveils concept car
Reuters Videos87d agoneutralVIDEO
Tech Weekly: Tesla's FSD tech up for debate, Shell unveils concept car

<body><p>STORY: From Tesla's self-driving challenges in Europe... to South Korea's chip and AI mega-projects...</p><p>This is Tech Weekly.</p><p>:: Tech Weekly</p><p>European regulators are to meet and discuss whether to roll out Tesla's supervised Full Self-Driving system across the region.</p><p>The tech is already available in the U.S. and is expected to boost the EV maker's sales in Europe.</p><p>But it's divided the continent's regulators.</p><p>Ahead of a crucial vote — not expected before October — some countries have individually authorized&nbsp;the system.</p><p>But others have raised safety concerns, including about its ability to drive above legally posted speed limits.</p><p>:: Archive</p><p>Details and photos of Apple’s upcoming iPhone 18 Pro are among files posted on the dark web.</p><p>That’s according to a source and documents seen by Reuters.</p><p>The material is reportedly part of files posted by a ransomware group that stole data from Apple supplier Tata Electronics.</p><p>The exposure could threaten the Indian firm’s relationship with the U.S. giant.</p><p>Documents reviewed by Reuters show details of parts including the new phone’s main circuit board, batteries and cameras.</p><p>Comcast said it will split into two publicly traded companies, separating its media and entertainment brands from its broadband cable and wireless businesses.</p><p>:: Comcast</p><p>The announcement sent its shares up as much as 17% at one point.</p><p>:: Universal Orlando Resort</p><p>Comcast would spin off NBCUniversal and Sky to create a company that includes NBC, Peacock, Universal theme parks, and film and TV studios.</p><p>The other company would be comprised of Comcast's cable, wireless and business services divisions.</p><p>South Korea rolled out sweeping chip and AI mega-projects.</p><p>President Lee Jae Myung pledged investments worth more than $576 billion over several years.</p><p>:: SK Hynix&nbsp;</p><p>It’s a move that aims to cement the nation’s overwhelming industry leadership.</p><p>Lee was joined for the announcement by the leaders of Samsung Electronics and SK Hynix.</p><p>Shell unveiled a small electric concept car that it says can recharge in under 10 minutes.</p><p>It uses a special cooling fluid to help stop the battery overheating.</p><p>Shell said the car, called the Triple 10 Challenge, charged from 10% to 80% in 9 minutes and 54 seconds on a 175 kW public fast charger.</p><p>It describes the car as a road-worthy proof-of-concept vehicle.</p><p>Toby Rockstroh is energy application testing manager at Shell Technology Center.&nbsp;</p><p>"When we looked at battery electric vehicles, they're getting bigger and larger and heavier, so we set ourselves the challenge saying we can have a smaller battery electric vehicle that can charge fast and be convenient,"</p></body>

Adobe (ADBE) Launches Firefly Foundry to Enable Enterprise Custom AI Model Development
Insider Monkey87d agoneutral
Adobe (ADBE) Launches Firefly Foundry to Enable Enterprise Custom AI Model Development

Adobe Inc. (NASDAQ:ADBE) is one of the AI stocks on Wall Street’s radar. On June 25, Adobe introduced Firefly Foundry, a new platform designed to help enterprises maintain brand consistency by developing and managing custom generative AI models. By training these models on approved brand assets and visual standards, organizations can ensure that AI-generated content […]

CoreWeave (CRWV) Expands European AI Infrastructure Through New Partnership with Conapto
Insider Monkey87d agobullish
CoreWeave (CRWV) Expands European AI Infrastructure Through New Partnership with Conapto

CoreWeave Inc. (NASDAQ:CRWV) is one of the AI stocks on Wall Street’s radar. On June 24, CoreWeave entered a co-location partnership with Conapto to expand its AI cloud capacity in Stockholm, Sweden. The agreement covers two data center campuses powered entirely by renewable energy, with the initial infrastructure already operational. This expansion aims to meet […]

International Business Machines (IBM) Unveils World’s First 0.7-Nanometer Semiconductor Tech
Insider Monkey87d agoneutral
International Business Machines (IBM) Unveils World’s First 0.7-Nanometer Semiconductor Tech

International Business Machines Corporation (NYSE:IBM) is one of the AI stocks on Wall Street’s radar. On June 25, IBM unveiled the world’s first sub-1 nanometer (nm) chip technology. Featuring a 0.7-nanometer architecture, the design packs nearly 100 billion transistors onto a fingernail-sized surface, offering up to 50% higher performance or 70% greater energy efficiency compared […]

Digital Realty (DLR) Launches ServiceFabric MCP for AI-Native Infrastructure Control
Insider Monkey87d agoneutral
Digital Realty (DLR) Launches ServiceFabric MCP for AI-Native Infrastructure Control

Digital Realty Trust Inc. (NYSE:DLR) is one of the AI stocks on Wall Street’s radar. On June 17, Digital Realty launched ServiceFabric Model Context Protocol/MCP, a new programmable layer designed to make physical data center infrastructure “AI-native.” By using the company’s AI Private Exchange/AIPx architecture, this protocol allows enterprise AI environments to manage power density, […]