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Meta Continues AI Focus by Adding 2 Ex-Apple Researchers
PYMNTS.com· 2025-07-18 17:02
Core Insights - Meta is actively expanding its artificial intelligence (AI) capabilities by hiring AI researchers, including Mark Lee and Tom Gunter, who previously worked at Apple [2][3] - The new hires will join Meta's Superintelligence Labs team, which is part of a broader initiative to enhance the company's artificial general intelligence (AGI) efforts [2][4] - Meta's CEO Mark Zuckerberg is personally involved in the recruitment process, aiming to hire around 50 AI experts to strengthen the company's position in the AGI field [5][6] Hiring Strategy - Meta's hiring spree for AI talent has been ongoing since at least early June, with Zuckerberg meeting potential recruits at his residences [4][5] - The company is focusing on attracting top talent from other leading AI labs and startups to form a highly skilled team [6] Investment in AI Infrastructure - Meta plans to invest "hundreds of billions of dollars" into AI infrastructure to support its ambitious goals in the AI sector [6]
Will AI Help Break Gender Barriers—or Build Bigger Ones? | Pendo Manjele | TEDxLusaka
TEDx Talks· 2025-07-18 15:30
Gender Disparity in AI - Only 20% of AI-related leadership roles in Zambia are held by women, while men hold 79% [5] - Women constitute only 30% of the global AI workforce [12] - UNESCO report indicates women are four times more likely to be associated with domestic roles in large language models compared to men [15] AI Bias and Discrimination - Amazon's AI recruiting tool penalized resumes with the word "women" [10] - Apple's AI credit card algorithm gave women lower credit limits than men, even with better financial profiles [11] - AI systems trained on biased data can perpetuate discrimination in areas like job applications, loan approvals, and even the justice system [9] Call to Action for Gender Equality in AI - Industry needs diverse teams to develop, test, and regulate AI systems [12] - Industry needs representative data that reflects the full spectrum of human experience [13] - Women need to be part of the developers, decision-makers, regulators, and testers of AI [13] - Leaders should ensure their teams are diverse and invest in training, mentorship, and equity for women [17]
Apple's Q2 Was The Party - Q3 Might Be The Cleanup
Benzinga· 2025-07-18 15:08
Apple Inc's AAPL second quarter may look like a celebration of iPhone strength, but investors shouldn't mistake momentum for long-term muscle.The Party Was Fun: iPhone Volumes SurgedAccording to JPMorgan analyst Harlan Sur, iPhone shipments tracked slightly ahead of expectations in the second quarter, driven by seasonal builds and strong consumer demand. But there's a twist—Sur believes the demand spike may have been fueled by a one-time trigger: a pause on smartphone tariffs.That short window created an in ...
AAPL SECURITIES FRAUD: Apple Inc. (NASDAQ:AAPL) Stock Drop Triggers Class Action Lawsuit – Contact BFA Law by August 19 Legal Deadline
GlobeNewswire News Room· 2025-07-18 13:05
Core Viewpoint - A lawsuit has been filed against Apple Inc. and certain senior executives for potential violations of federal securities laws related to misrepresentations about the AI capabilities of Siri and the iPhone 16 product cycle [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tucker v. Apple Inc., et al., No. 5:25-cv-05197 [2]. - Investors have until August 19, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Apple - The complaint alleges that Apple misrepresented the advanced AI features of Siri and the timeline for their integration into devices [3][4]. - It is claimed that Apple did not have a functional prototype of the advanced features it promised [4]. Group 3: Stock Performance Impact - Following the announcement on March 7, 2025, that Apple would indefinitely delay several AI-based Siri features, the stock price fell by $11.59, or nearly 5%, from $239.07 to $227.48 per share [5]. - On June 9, 2025, after the Worldwide Developer Conference where no new updates on Siri features were announced, the stock price declined by $2.47, or over 1%, from $203.92 to $201.45 per share [6].
Down 19%, Should You Buy the Dip on Apple Stock? The Answer Might Surprise You.
The Motley Fool· 2025-07-18 10:15
It hasn't been a good year for investors in Apple (AAPL -0.06%). As of July 14, shares of the consumer tech powerhouse are down 17%. Tesla is the only other "Magnificent Seven" company to have a worse performance in 2025.Apple stock's disappointing showing this year doesn't take away from the fact that it's up 564% in the past decade. That gain is well ahead of the S&P index. But shares are trading 19% below their peak from December last year.Is now the time for investors to buy the dip? The answer might su ...
58% of Warren Buffett's $292 Billion Portfolio Is Being Wagered on 4 Unstoppable Stocks
The Motley Fool· 2025-07-18 07:51
Core Insights - Warren Buffett, CEO of Berkshire Hathaway, has achieved a cumulative return of nearly 5,800,000% on Class A shares over 60 years, significantly outperforming the S&P 500 by almost 140 times [2] - Buffett's investment strategy focuses on concentrating capital in a few high-conviction stocks, with 58% of Berkshire's $292 billion portfolio invested in just four major holdings [5] Group 1: Major Holdings - Apple is the largest holding at $62.6 billion, representing 21.5% of invested assets, although Buffett has sold 67% of his stake since September 2023 [6][7] - American Express is the second-largest holding at $48.7 billion, accounting for 16.7% of invested assets, benefiting from its dual role as a payment processor and lender [12][13] - Bank of America is the third-largest holding at $29.7 billion, making up 10.2% of invested assets, with Buffett selling shares due to profit-taking and expectations of declining interest rates [16][17] - Coca-Cola is the fourth-largest holding at $27.8 billion, representing 9.5% of invested assets, known for its stable cash flow and strong brand loyalty [21][22] Group 2: Investment Rationale - Buffett values companies with sustainable competitive advantages, as seen in his long-term investments in Apple, American Express, Bank of America, and Coca-Cola [4][21] - The investment in Apple is supported by its strong consumer loyalty and growth in subscription services, despite stagnant device sales [8][10] - American Express attracts high-earning clientele, which helps mitigate risks during economic downturns [15] - Coca-Cola's geographic diversity and consistent cash flow make it a reliable investment, with a significant yield on cost due to a low cost basis [23][25]
继挖走苹果公司AI模型主管庞若鸣后,Meta再挖走了庞若鸣的前下属、苹果的两名关键AI研究人员。
news flash· 2025-07-17 23:46
继挖走苹果公司AI模型主管庞若鸣后,Meta再挖走了庞若鸣的前下属、苹果的两名关键AI研究人员。 ...
APPLE INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation on Behalf of Apple Inc. Investors
GlobeNewswire News Room· 2025-07-17 23:42
Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Apple Inc. regarding possible violations of federal securities laws and unlawful business practices [2] - The investigation follows an announcement by Apple on March 7, 2025, indicating significant delays in the rollout of new Siri features, which led to a more than 5% decline in Apple’s stock price on March 10, 2025 [3] Group 1 - The law firm is encouraging investors who suffered losses in Apple to contact them for discussions about their legal rights [1][4] - The investigation is aimed at determining if Apple has engaged in any unlawful business practices that could affect stockholder rights [2] - The firm represents both individual and institutional investors in various types of litigation, including securities and derivative cases [5] Group 2 - The announcement of delays in Apple Intelligence development has raised concerns among investors, contributing to stock price volatility [3] - The firm provides a no-cost consultation for affected investors to explore their options [4] - Bragar Eagel & Squire, P.C. has a national presence with offices in New York and California, focusing on complex litigation [5]
7月18日电,META聘请苹果公司的LEE和GUNTER组建超级智能团队。
news flash· 2025-07-17 23:41
智通财经7月18日电,META聘请苹果公司的LEE和GUNTER组建超级智能团队。 ...