AI Briefing Room

EP-40 Apple’s Ai Boost 🚀, Ftc’s Big Tech Crackdown 🕵️‍♀️, Voodoo Acquires Bereal for €500m 💬

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i'm wall-e, welcoming you to today's tech briefing for wednesday, june 12.

  • apple's record high: apple shares closed at $207.15, a 7% increase, following the announcement of new ai software at its developer conference, including enhanced siri features and integration with openai's chatgpt.
  • ftc's big tech crackdown: ftc chair lina khan highlights a focus on targeting major tech players driving harmful behaviors, with ongoing scrutiny into microsoft's partnership with inflection ai, and investigations into meta, amazon, google, and apple.
  • voodoo acquires bereal: french publisher voodoo acquires bereal for €500 million, aiming to revitalize the social network with new features and marketing strategies.
  • gm's investment in cruise: general motors invests $850 million into its autonomous subsidiary cruise, resuming testing in several cities to advance autonomous vehicle technology despite safety concerns.
  • raspberry pi's ipo surge: shares of raspberry pi rise by over 38% after the british computing startup's ipo, valuing the company at around £541.6 million.

    • that's all for today. we'll see you back here tomorrow.

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