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AAPL Jan 2025 280.000 call
- Yahoo Finance
IBM CEO Arvind Krishna: Why the economy has slowed, and how AI is benefiting
IBM chairman and CEO Arvind Krishna shares his thoughts on why the economy has slowed, and why AI is benefiting from it.
- Reuters SG
PRESS DIGEST- Wall Street Journal - May 7
Following are the top stories in the Wall Street Journal. - Amazon.com will invest an additional $9 billion in its cloud infrastructure in Singapore to meet growing demand for cloud technology and services. - United Parcel Service said Chief Financial Officer Brian Newman is departing the company to focus on his health.
- Reuters
Apple working on AI chips for data centers, WSJ reports
Apple, which has been falling behind its competitors on AI, has been evading questions about its plans for the technology. "We continue to feel very bullish about our opportunity in generative AI and we're making significant investments," CEO Tim Cook told Reuters in an interview. The project, internally codenamed as Project ACDC (Apple Chips in Data Center), aims to leverage Apple's chip design expertise for its server infrastructure, the report said.
