Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A reported leadership change at Google’s DeepMind could announcement a shift in how the company organizes its most advanced artificial intelligence work, following the departure of the unit’s long-time chief from day-to-day oversight.
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Rivian says its new R2 electric SUV is beginning to ship, a development that could strengthen Uber’s effort to expand its electric-vehicle fleet, including an interest in 50,000 units.
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The company framed the deployment as part of a broader buildout to expand cloud capacity and support artificial intelligence services in India.
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After a year marked by investor caution, Microsoft’s artificial intelligence growth narrative is regaining traction with markets, according to a recent report that highlights a bounce in the stock.
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Investors placed about $115 billion of orders for Alphabet’s newest large-scale bond offering, according to a report cited by Yahoo Finance, as market appetite for technology debt appears to be recovering after a recent selloff.
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In comments circulated via Yahoo Finance, Tesla CEO Elon Musk said the affordability squeeze reflects government spending priorities and “your tax dollars,” reigniting a political debate over what is driving home prices and who benefits from housing-related programs.
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Yahoo Finance reports SpaceX bought $295 million of Tesla Megapacks in the second quarter, underscoring how demand from Musk-aligned companies can tighten the pipeline for Tesla’s energy storage business.
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The program would let eligible patients obtain Wegovy, Zepbound and Foundayo for a flat $50 monthly cost, expanding Amazon’s role in prescription fulfillment as obesity medicines move into broader coverage.
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On its inaugural earnings call as a public company on Aug. 4, SpaceX said it has made an exclusive commitment to build future compute capacity on Nvidia’s Vera Rubin, a move that underscores how high-end AI infrastructure is becoming a long-term, capacity-planning race.
