Apple launches an 'Answers, Knowledge, and Information' team to develop a ChatGPT-like system that crawls the web and provides direct answers, aiming to enhance its AI capabilities with potential integration into Siri and other products.
Apple surges on a 13% increase in iPhone sales, reporting 10% revenue growth, its biggest since December 2021; CEO Tim Cook vows to 'significantly grow' AI investments, open to acquisitions accelerating its AI roadmap, while seeing a 4% sales boost in China aided by device subsidies.
Meta's Reality Labs division posts a $4.53 billion operating loss in Q2 despite $370 million in sales, while EssilorLuxottica reports Ray-Ban Meta smart glasses sales more than tripled year-over-year in the first half of 2025.
AI chatbot subscriptions soar to over $200 per month as companies bank on attracting early adopters willing to pay premium prices for alpha products, hoping mainstream adoption will follow as AI tools become more user-friendly and provide better guidance.
A 55-pound, AI-powered humanoid robot called R1 with 26 flexible joints performs acrobatics like cartwheels and martial arts moves for just $5,900, making advanced robotics affordable.
Google launches AI-powered virtual try-on tool allowing users to visualize clothing on themselves, set price alerts, and get shoppable outfit and room inspiration through AI-generated images based on queries.
Amazon acquires Bee, a startup with AI technology that transcribes conversations using a $49.99 wearable device, giving users personalized summaries and reminders, as Amazon aims to offer greater device control after the deal closes.
Teenagers embrace AI companions for guidance and emotional support, with over 70% using them and half regularly, sparking concerns about AI redefining human connections and youth mental health.
A groundbreaking study unveils the majority of US teenagers embracing AI companions, with 72% utilizing them; while nearly half perceive them as tools or programs, one-third engage for social interaction, yet 80% who use AI companions prioritize spending time with real friends.
Grok's groundbreaking AI model Grok 4 fuels a massive 325% surge in gross iOS revenue, overshadowing the company's raunchy AI companions, while a new $300/month 'SuperGrok Heavy' subscription offers early access to cutting-edge AI models.