Hunterbrook Media cited UBS saying that if Amazon automates up to 80% of the 14 billion items it handles annually with its new robot, it could generate an estimated $400 million in revenue for Teradyne.
Wedbush’s Danile Ives expects the company to hit the next milestone of $5 trillion over the next 18 months, given his view that the current tech bull market is still early, being led by the AI Revolution.
Judson Althoff quantified Microsoft’s AI savings as exceeding $500 million in its call centers in 2024, with the technology’s usage helping to improve both employee and customer satisfaction.
The expiry of federal tax credits will weigh on the pockets of Tesla consumers as several of the company’s best-selling models are currently eligible for it.
The lack of resolution between Google and the EU’s antitrust concerns over favoring its own services in search results could result in major fines for the tech giant under the Digital Markets Act.
Apple is vying for U.S. Formula 1 broadcast rights, challenging ESPN, following the box office success of its F1 film and expanding its push into live sports through Apple TV+ streaming.
The layoffs marked the first of the job cuts Intel has planned for the year as it seeks to streamline operations and improve efficiency amid ongoing struggles with strategic missteps.
The company said that the $3 billion plant, which is under construction, is slated to employ 1700 workers and is “on track” to qualify for the production tax credit, Reuters reported.
