
The chipmaker's net revenue for May grew to $7.1 billion

The chipmaker's net revenue for May grew to $7.1 billion

The AI chipmaker's stock was down slightly to start the day

Plus, Saudi Arabia is getting into semiconductors, but it’s not trying to beat Nvidia — yet

Microsoft, Nvidia, and OpenAI are reportedly being investigated by the DOJ and FTC over alleged monopolistic behavior
According to Ted Townsend of the Greater Memphis Chamber, the factory could be the “largest multi-billion dollar investment in the city of Memphis’s history"
Elon Musk's AI startup to build its "gigafactory of compute" in Memphis, Tennessee

Saudi Arabia reportedly wants to attract 50 chipmaking firms to the country by 2030

The agreement will put OpenAI in front of millions of Apple users

The chipmaker was ranked 65 on the Fortune 500, and also ranked third on Fortune's 100 Best Companies to Work For list

The AI chipmaker's 10-for-1 stock split is expected to boost demand for the shares even more

The company says the chips will deliver better performance for less money than its rivals

Users of Elon Musk's social media platform can now share adult content under certain circumstances

The chipmaker's chief executive said robots and "AI that understands the laws of physics" are the next wave of the technology

Nvidia CEO Jensen Huang announced the company's next AI platform, called Rubin

Google, Amazon, Apple, Tesla, and other tech giants spend millions on private security for their chief executives

Officials have delayed issuing licenses for chipmakers to ship AI chips to Middle East nations while reviewing national security concerns

OpenAI said it disrupted five covert influence operations from Russia, China, Iran, and Israel using its models for deception in the last three months

The virtual assistant will be able to send or delete emails, and open specific publications on Apple News

Plus, banks could lose $40 billion from AI-aided fraud

The Instagram Stories post has been shared at least 47 million times

The new OpenAI for Nonprofits initiative aims to improve accessibility to ChatGPT Team and Enterprise

Google will collaborate with AR headset company Magic Leap

The company released its quarterly adversarial threat report

SoundHound AI, an AI voice and conversation platform, has seen its shares rise on pace with the chipmaker this year