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Qualcomm expects its Apple revenue to decline faster than it previously anticipated, Qualcomm CEO Cristiano Amon told Reuters in an interview following the company's earnings call for the third fiscal quarter of 2026.
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Microsoft on Tuesday announced the hiring of Mustafa Suleyman, a former co-founder of DeepMind, the AI startup acquired by Google in 2014. Suleyman will assume the role of executive vice president and CEO of Microsoft AI, directly reporting to CEO Satya Nadella.
During Suleyman's time at Google, DeepMind established itself as a frontrunner in AI research; it also caught the eye of Tesla CEO Elon Musk, who moved to counteract Google's growth by founding the nonprofit AI lab, OpenAI.
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Baidu reported stronger-than-expected revenue in the most recent period, driven by its search-engine business and artificial-intelligence initiatives.
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