Jabil, a leader in contract electronics, is experiencing substantial growth, driven by strategic integration of artificial intelligence (AI). The company surpassed Wall Street forecasts, boosting its full-year revenue projection to $27.9 billion, propelled by a significant $7.5 billion revenue stream from AI. AI initiatives have led to a 40% year-over-year revenue increase, highlighting Jabil’s emphasis…
Microsoft, founded by Bill Gates and Paul Allen, revolutionized computing by developing software for the Altair 8800 and partnering with IBM to create MS-DOS, leading to widespread adoption of personal computers. The release of Windows 95 marked a turning point in user interaction with computers, introducing features like the desktop, File Explorer, and the Recycle…
SoundHound AI, Inc. is facing a class action lawsuit for alleged securities law violations. The lawsuit is led by Bronstein, Gewirtz & Grossman, LLC, focusing on claims of inflated goodwill and financial oversight lapses. The legal dispute covers the period from May 2024 to March 2025, highlighting issues with integrating acquisitions like Amelia and SYNQ3….
Qualcomm acquires Movian AI, a prominent Vietnamese AI company, from Vingroup to enhance generative AI research and solutions. This acquisition highlights Qualcomm’s growing interest in Vietnam, leveraging local talent to strengthen its AI capabilities. Movian AI, originating from VinAI’s generative AI division, has a robust capital backing of 226.766 billion VND. Qualcomm’s strategy includes integrating…
Google’s Project Astra uses Gemini Live to revolutionize human-tech interaction, turning ordinary Android devices into advanced interpreters of the physical world. Gemini Live transforms Android phones into tools that can answer queries about surroundings in real-time, available through a $19.99 monthly subscription. This innovation isn’t limited to flagship devices like Pixel or Samsung Galaxy, but…