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Apple investors are running out of patience with its AI promises

Apple investors are losing patience with the company’s AI strategy. The stock is coming off its worst week since February after the annual Worldwide Developers Conference failed to convince Wall Street that a long-promised upgrade cycle is any closer to arriving. “There’s a bit of fatigue with Apple and AI,” Tim Chubb, chief investment officer at Girard, […]

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France breaks EDF’s grip on hydropower with law to auction 6 GW a year

France’s Parliament adopted a bill on Tuesday that dismantles the monopoly Électricité de France has held over the country’s hydropower market for decades, according to Bloomberg. The law converts EDF’s hydropower concessions into permits and requires the state-owned utility to auction 6 gigawatts of capacity each year under the supervision of France’s energy regulator, CRE. EDF […]

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Epic wants to let you bring your Fortnite skins to other games

Epic Games has been touting the potential of an interoperable metaverse for years, though that vision hasn’t yet become a reality. But with Unreal Engine 6, the next major version of its game development engine, Epic plans to take a big step toward that theoretical future: it will let developers make games that can use […]

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AI Brand Visibility: You’re Tracking It Wrong

Key Takeaways Have you started tracking your brand in ChatGPT, Perplexity, or Google AI Overviews? Good. You’re thinking about the right problem. Here’s the harder question: what are you actually measuring? Most teams doing AI brand visibility tracking today have taken a familiar mental model and applied it to an unfamiliar system. Prompts have become […]

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Anthropic and Google DeepMind called for a US-led AI coalition at the G7, and Canada said yes

Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis used a closed-door lunch at the G7 summit on Wednesday to call for a US-led coalition that would shape international rules and standards for artificial intelligence, according to two people with knowledge of the discussions who spoke to CNBC on condition of anonymity. Canadian Prime Minister […]

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Allbirds sells its shoes, renames itself Smartbird, and says it is now an AI infrastructure company

Allbirds, the sustainable footwear company that went public at a $4.1 billion valuation in 2021, has officially renamed itself Smartbird and appointed a new chief executive to lead its pivot into AI compute. Shares surged more than 50% on Wednesday morning before pulling back. The rebrand completes a transformation first announced in April, when the company […]

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