Tag: business
Nvidia falters, an OpenAI exit, and AI Pin returns: AI news roundup
Plus, Microsoft and Palantir will sell AI software to U.S. defense and intelligence departments In mid-June, chipmaking darling Nvidia was at its peak, trading at record-highs and briefly surpassing Apple and Microsoft to become the world’s most valuable public company. Since then, Nvidia’s market value…
$130M Expense Cover-Up? Macy’s Earnings Delayed Amid Shocking Investigation!
Macy’s has postponed its third-quarter earnings report, citing a forensic investigation into a former employee’s concealment of more than $130 million in expenses over three years. The company revealed Monday that the individual, who managed accounting for small-package delivery expenses, had intentionally hidden between $132…
Nike and Adidas are losing their lead in running shoes
The sportswear industry has long been dominated by giants like Nike and Adidas, whose logos are as iconic as their products. Together, they once claimed over 60% of the market share among the top 15 sportswear brands. But times are changing. By 2023, their combined…
The Future of Food: How AI Kitchens Could Transform Societ
Automating food preparation is no longer a distant dream but a growing reality. While we’ve seen visions of futuristic kitchens in shows like The Jetsons, the use of robots and AI in food production is now part of daily life. From flipping burgers to crafting…
