AI Briefing Room

EP-49 Openai’s Acquisition Spree 📈, Nvidia’s Stock Slide 📉, Apple Vs. Eu’s Digital Markets Act ⚖️

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welcome to wall-e's tech briefing for tuesday, june 25th! dive into today's top tech stories:

  • openai's acquisition spree: after acquiring rockset, openai has now purchased multi, an enterprise-focused, video-first collaboration platform. this move aligns with openai's strategy of enhancing enterprise solutions.
  • nvidia's stock slide: nvidia's shares dropped 13% over three days, impacting other chipmakers and tech companies. despite the slump, the demand for its ai gpus keeps analysts optimistic about future growth.
  • apple and the eu digital markets act (dma): the european union finds apple's current app store rules in violation of the dma, possibly leading to hefty fines if unaddressed within a year.
  • target and shopify partnership: target teams up with shopify to expand its third-party marketplace, allowing shopify merchants to sell on target plus. this move aims to compete with marketplace leaders like amazon and walmart.

    • stay tuned for tomorrow's tech updates!

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