Technology

BLOOMBERG  Nvidia Corp’s stratospheric ascent has lured at least 100 more ESG funds in recent weeks, transforming the company into one of the most popular stocks among asset managers who integrate environmental, social and governance metrics into their investment strategies. There are now over 1,400 ESG funds directly holding Nvidia, according to data compiled by Bloomberg based on the latest ...

BLOOMBERG  Technology company executives Mark Zuckerberg and Sam Altman expressed support for government oversight of artificial intelligence (AI) after discussions with European Commissioner Thierry Breton. The commissioner said that he and Zuckerberg, chief executive officer of Meta Platforms Inc, were “aligned” on the EU’s regulation of artificial intelligence, which is now in final negotiations. They agreed on the bloc’s risk-based ...

BLOOMBERG Intel Corp said it plans to invest $4.6 billion to build a semiconductor assembly and test facility in western Poland, its latest project in the European Union as the bloc seeks to boost chip production amid rising geopolitical tensions. “With this investment today, and others in the EU, we’re excited to play a critical enabling point to building these ...

BLOOMBERG  Arm Ltd, the chip designer backed by SoftBank Group Corp, is in talks with potential strategic investors including Intel Corp to anchor what will be one of the largest initial public offerings of the year, people familiar with the matter said. UK-based Arm has held talks with other companies about participating in the IPO, according to the people, who ...

BLOOMBERG China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of transformative new systems, OpenAI Inc’s Chief Executive Officer Sam Altman said. “With the emergence of the increasingly powerful AI systems, the stakes for global cooperation have never been higher,” Altman, whose company kick-started an AI frenzy in China with last year’s ...

BLOOMBERG  Apple Inc will charge an eye-popping $3,499 for its long-awaited mixed-reality headset, testing whether consumers are ready to spend big bucks on a technology that the company sees as the future of computing. The iPhonemaker unveiled the new Vision Pro headset at its annual Worldwide Developers Conference, the culmination of more than seven years of development. Introduced with Steve ...

BLOOMBERG PC makers from Lenovo Group Ltd to Samsung Electronics Co are pinning their hopes for reviving laptop sales on upgraded displays. At the Computex show in Taiwan, every major local electronics brand showed off new laptop models with OLED displays, the same technology used in smartphones. Asustek Computer, Acer Inc, Gigabyte Technology Co and Micro-Star International Co all expanded ...

BLOOMBERG Apple Inc’s most significant product launch event in nearly a decade kicks off on Monday, when the company will introduce its first major new product category since the Apple Watch alongside multiple new Macs and software upgrades across its platforms. The event starts from the company’s Cupertino, California, campus on Monday, June  5 at 10 am PT/1 pm ET. ...

BLOOMBERG  Apple Inc is planning a new interface for iPhones that shows information such as calendar appointments, the weather and notifications in the style of a smart-home display, part of a flurry of new features coming in its iOS 17 software update. The view will appear when an iPhone is locked and positioned horizontally, operating similarly to dedicated displays offered ...

BLOOMBERG Instagram is planning to release a text-based app that will compete with Twitter.The company is currently testing the project idea with celebrities and influencers, according to people familiar with the matter. Instagram has been in discussions with select creators for months, though none of them has had access to the full version of the app, according to one of ...