Apple raised prices on several MacBook, iPad and other devices, blaming surging memory and storage costs linked to AI data center demand. Microsoft’s Xbox division also announced console price increases as chip costs climb.
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IBM says its new NanoStack chip design could fit 100 billion transistors on a fingernail-sized chip and deliver up to 50% better performance or 70% greater energy efficiency. The technology is not yet ready for mass production, with IBM projecting a possible path to manufacturing within five years.
The NTSB and NHTSA are investigating a fatal Tesla Model 3 crash in Katy, Texas, that killed 76-year-old Martha Avila. Her family has sued Tesla and the driver, alleging defects in Autopilot and Full Self-Driving systems and seeking more than $1 million in damages.
Technology shares fell sharply worldwide as investors questioned whether massive AI spending can support lofty valuations. Chipmakers, Alphabet and newly public SpaceX were among the names hit as the sell-off spread to Asian markets.
Technology shares fell sharply around the world Tuesday as investors questioned whether AI spending will produce profits that justify lofty valuations. SpaceX, chipmakers and memory stocks led the declines, while inflation and interest-rate concerns added pressure.
The Five Eyes intelligence alliance warned that frontier AI models could make current cyber risk assumptions outdated within months. The agencies urged governments and businesses to use AI defensively, patch systems quickly and prepare for breaches.
Claude Guillemot, a co-founder of Ubisoft, was killed in a Cessna crash near La Baule Airport in western France. Authorities said a flight instructor aboard the plane also died, and an investigation is underway.