Tesla limits employee spending on AI tools to $200 per week starting July 6
The automaker is imposing a weekly cap on how much employees can spend on AI applications, according to multiple reports, as internal use of token-based tools grows.
Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The automaker is imposing a weekly cap on how much employees can spend on AI applications, according to multiple reports, as internal use of token-based tools grows.
THE APEX TIMES
Meta’s stock fell by about 5% as investors reacted to comments from CEO Mark Zuckerberg suggesting the company’s work on “AI agents” has lagged expectations, adding pressure to a broader push to monetize artificial intelligence beyond advertising.
A new report says Meta Platforms is discussing a large agreement with Samsung’s foundry business to manufacture next-generation AI accelerator chips, with production tied to Samsung’s 2-nanometer manufacturing process.
A new report says Meta is in talks with Samsung Foundry for next-generation AI accelerators, potentially moving part of its MTIA roadmap away from TSMC.
The program is designed to support independent studios across Africa with funding, technical guidance, and industry mentorship intended to help games reach a wider audience.
Advanced Micro Devices (AMD) is one of the standout moves in semiconductors this year, with shares up sharply year to date as market participants focus on continued buildouts of artificial-intelligence infrastructure.
A new comparison of Moderna and Recursion frames the companies around two different approaches to building late-stage pipelines: Moderna’s push past its vaccine identity versus Recursion’s strategy to use AI and data to accelerate discovery. The matchup highlights how investors are weighing execution risk, partnerships, and timelines as the biotech sector looks for a stronger 2026.
A new wave of speculation around whether Costco will pay a special dividend in 2026 highlights how investors interpret the warehouse club’s cash and payout history, even as the retailer itself provides no new guidance in the latest discussion.
The convenience store operator alleges Nike’s upcoming Air Max 95 shoe infringes and dilutes 7-Eleven’s trademark rights in its orange, green, and red stripe design, arguing the release timing is part of the association.