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Nvidia tops Apple, Elon Musk's SpaceX lifts off, and Big AI in the hot seat: Tech news roundup

Plus, Apple is expected to announce a range of AI updates at its Worldwide Developers Conference

The tech world was full of drama this week. SpaceX’s Starship launched (and landed) successfully for the first time. Nvidia overtook Apple as the world’s second-most valuable company behind Microsoft — just before Apple’s Worldwide Developers Conference next week, where it’s set to finally unveil long-awaited AI features for its products. Still, short sellers are betting that Nvidia’s stock price will fall back to earth. And Apple, in some ways, can count itself lucky for being late on AI, because that helped it avoid a new antitrust investigation from the Department of Justice and Federal Trade Commission.

Here’s more on Apple, Nvidia, Big AI’s new antitrust probe, and other tech news.

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It’s no surprise some of the world’s top tech executives earn millions in compensation each year — but it’s not all cash and stock rewards.

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Nvidia unveiled its highly-anticipated artificial intelligence chip platform, Blackwell, in March, and already has its successors lined up.

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Amazon’s pharmacy business may be coming into its own as it expands its physical presence and eyes increased revenue from the new class of weight loss drugs.

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For years, Tesla has invested heavily in artificial intelligence and devoted massive resources toward advancing driver assistance technology, humanoid robots, and data centers. But Elon Musk appears to be prioritizing his own private AI ventures over Tesla, according to a new report from CNBC.

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Apple is going all-in on its artificial intelligence ambitions — and it’s apparently turning to the company that kicked off the generative-AI hype for help.

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Microsoft and Google are slashing jobs from their otherwise very successful Cloud divisions as the companies shift gears to focus on AI.

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What do the voices of 1,000 children and secret Nintendo company announcements have in common? They were inadvertently collected by Google, along with tons of other sensitive users’ information between 2013 and 2018.

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Amazon-owned Zoox, a self-driving vehicle startup, is preparing to test its cars on the streets of two new cities, marking its third expansion this year.

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Google leaders overseeing privacy and competition are departing this year as the technology giant restructures its teams.

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After almost a year of searching, Google parent Alphabet has finally found a replacement for its chief financial officer position.

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A new lawsuit from a Palestinian-American former Meta engineer alleges that the company discriminated against and wrongfully terminated him, Reuters reports.

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The fourth time’s the charm, at least for SpaceX. Elon Musk’s aerospace company on Thursday morning sent its Starship spacecraft, a fully reusable megarocket designed to travel to the Moon and Mars, into orbit.

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Apple’s Worldwide Developers Conference, which begins next week, will allow the public to listen in as Tim Cook presents Apple’s latest and greatest product updates in his charming southern drawl.

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Tech giants have been on an artificial intelligence spending spree, doling out billions of dollars to invest in, poach from, and gobble up smaller companies developing the world’s AI technology.

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Apple’s relatively weak position in the AI space just became one of its strengths.

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