August 2, 2025

finance  
Apple Siri Update 2026, OpenAI GPT, Amazon AI $31.4B

Apple is making significant moves in AI, with CEO Tim Cook announcing increased investment and a more personalized Siri expected in 2026. Apple is open to acquisitions to bolster its AI capabilities and is integrating OpenAI's GPT models into its Apple Intelligence suite. Despite these advancements, Apple faces challenges, including potential tariff costs of $1.1 billion and investor concerns about AI rollout delays. However, Apple reported a strong fiscal performance, with Q3 2025 revenue reaching $94.04 billion, a 10% increase driven by iPhone and services growth. Meanwhile, other tech giants are also making strides in AI. Microsoft's earnings beat expectations, fueled by Azure's AI and non-AI usage, and increased user engagement with Copilot. Amazon is investing heavily in AI infrastructure, spending $31.4 billion in Q2, but faces capacity constraints due to chip and electricity shortages. Alphabet (Google) is adapting to AI by integrating AI overviews into Google Search and offering the Gemini chatbot. Alibaba is entering the AI wearable market with its Quark AI glasses, featuring the Qwen large language model. Elsewhere, Reddit's stock jumped 15% due to the success of its AI-based advertising tools, and SixSense, a startup focused on AI-driven chip defect detection, raised $8.5 million in Series A funding. Vertiv, a data center supplier, saw a 35% sales growth driven by AI and data center demand. Astera Labs is also making waves with its AI connectivity chips.

Key Takeaways

  • Apple's Q3 2025 revenue reached $94.04 billion, a 10% increase, but the company faces $1.1 billion in expected tariff costs.
  • Apple is increasing AI investments, planning a more personalized Siri for 2026, and integrating OpenAI's GPT models into Apple Intelligence.
  • Microsoft's earnings exceeded expectations, driven by Azure's growth in AI and non-AI tasks, along with increased Copilot engagement.
  • Amazon is investing $31.4 billion in AI infrastructure but is experiencing capacity limits due to chip and electricity shortages.
  • Alphabet (Google) is integrating AI overviews into Google Search and offers the Gemini chatbot.
  • Alibaba is launching Quark AI glasses with its Qwen large language model, competing in the AI wearable market.
  • Reddit's stock jumped 15% due to the success of its AI-based advertising tools and a 21% increase in daily active unique visitors.
  • SixSense raised $8.5 million for its AI platform that detects chip defects in real time.
  • Vertiv's sales grew 35% due to increased demand for data centers driven by AI.
  • Astera Labs is a key player in AI connectivity chips for cloud computing.

Apple's strong quarter buys time to clarify AI plans

Apple had a strong June quarter, with revenue up 10% to $94.04 billion. Earnings per share also rose to $1.57. However, investors are still waiting for more information about Apple's AI strategy. CEO Tim Cook said Apple is increasing its AI investments and working on a more personalized Siri for next year. The company is also open to buying other companies to help with its AI plans.

Apple's rebound faces AI, tariff, and product questions

Apple's revenue increased by 9.6% to $94.04 billion in the third quarter of fiscal year 2025. This growth was mainly due to strong sales of iPhones and services. CEO Tim Cook mentioned new Apple Intelligence features. The company expects revenue to continue growing, but tariffs may cause about $1.1 billion in costs. Analysts are watching how Apple will compete in AI.

Apple boosts AI investment, warns of tariff impact

Apple plans to increase its investments in AI and is moving staff to work on Apple Intelligence. CEO Tim Cook said a more personalized Siri is coming in 2026. Apple is also open to buying companies to speed up its AI development. The company expects to pay $1.1 billion in tariffs in the next quarter. Despite these costs, Apple had a strong quarter with $94 billion in revenue.

Apple focuses on AI investment amid record earnings in India

Apple's quarterly revenue reached $94 billion, a 10% increase from last year. CEO Tim Cook highlighted India's importance for Apple's growth. The company saw strong iPhone sales and growth in its services business. Apple plans to increase its investments in AI, potentially through mergers and acquisitions. Cook sees AI as a major technology and Apple is integrating OpenAI's GPT models into its Apple Intelligence suite.

Apple's Q3 2025 earnings show record revenue, AI investment

Apple's Q3 2025 earnings call highlighted record revenue of $94 billion, a 10% increase. iPhone revenue rose by 13%, and services revenue reached an all-time high of $27.4 billion. The company is investing more in AI and including it in its products. However, Apple faced $800 million in tariff-related costs and expects $1.1 billion next quarter. CEO Tim Cook mentioned they are working on a more personalized Siri for release next year.

SixSense raises $8.5M for AI chip defect detection

SixSense, a startup founded by women, developed an AI platform to help semiconductor companies find chip defects in real time. The company raised $8.5 million in Series A funding, bringing its total to $12 million. Their AI platform helps engineers detect defects, analyze root causes, and predict failures. Major semiconductor manufacturers like GlobalFoundries and JCET are already using SixSense's platform.

SixSense raises $8.5M for AI chip defect detection

SixSense, a Singapore-based startup, created an AI platform that helps semiconductor companies find chip defects in real time. They raised $8.5 million in Series A funding. The company's goal is to turn raw production data into useful information that helps factories prevent quality problems and improve production. SixSense's AI platform is used by process engineers and is already used by companies like GlobalFoundries and JCET.

Reddit stock jumps on AI ad strategy success

Reddit's stock increased by 15% after reporting better-than-expected quarterly results. Investors are confident in Reddit's AI-based advertising tools and strong user activity. The company expects revenue between $535 million and $545 million for the third quarter. Reddit's focus on understanding user intent makes it popular with advertisers. Daily active unique visitors increased by 21%.

Reddit stock soars as AI ad strategy impresses Wall Street

Reddit's stock price jumped 15% after the company announced quarterly results that beat expectations. The company's AI-based advertising tools and strong user engagement boosted investor confidence. Reddit expects revenue between $535 million and $545 million for the third quarter. The company's focus on understanding user intent through community conversations is attracting advertisers. Daily active unique visitors increased by 21%.

Apple faces pressure from AI rollout delay, tariff uncertainty

Apple's stock performance is being affected by concerns about the delayed launch of its AI software and hardware plans. Investors are also worried about potential tariffs related to China. These issues could cause customers to wait longer before upgrading their iPhones. One investment group noted these concerns while still acknowledging Apple's potential.

AI drives 35% sales growth for Vertiv

AI and data centers are boosting sales for Vertiv, a data center supplier in Central Ohio. Vertiv's revenue increased by $1 billion in the first half of the year. This increase matches the company's full-year boost in 2024.

Microsoft beats earnings expectations, analysts predict more growth

Microsoft's earnings exceeded expectations, leading analysts to maintain a positive outlook on the stock. The company's revenue growth was driven by Azure, which saw increased use for both AI and non-AI tasks. User engagement is up, shown by the rising use of Microsoft's Copilot. Analysts believe Microsoft's strong position in AI and cloud computing will support continued growth.

Amazon warns of AI capacity limits, stock declines

Amazon's stock price dropped after the company warned that it has limits on its AI capacity. Demand for AI is high, but Amazon can't quickly provide enough resources. Electricity and chip shortages are causing problems, and it will take several quarters to improve the situation. Amazon is investing heavily in AI, spending $31.4 billion in Q2 on chips, data centers, and power.

Alibaba releases first AI-powered glasses

Alibaba is releasing its Quark AI glasses in China by the end of 2025. These smart glasses use Alibaba's Qwen large language model and Quark AI assistant. The glasses have a camera and offer features like hands-free calling, music streaming, real-time translation, and meeting transcription. Alibaba is competing with companies like Meta and Xiaomi in the growing market for AI wearable tech. Analysts have a positive outlook on Alibaba's stock.

Astera Labs a star in AI connectivity chips

Astera Labs makes semiconductor connectivity systems for cloud computing and AI. The company is based in San Jose, California.

Alphabet stock is cheap AI buy now

Alphabet, the parent company of Google, is a big player in AI, but its stock is trading at a discount. Investors worried that AI would hurt Google Search, but the company has adapted by adding AI overviews to search results. Alphabet also has its own chatbot, Gemini, which integrates with Google services. Analysts believe that a breakup of Alphabet could unlock value for investors, as the individual businesses may be worth more separately.

Sources

Apple AI Artificial Intelligence Tariffs Revenue Earnings Siri Apple Intelligence Mergers and Acquisitions OpenAI GPT Models SixSense AI Chip Defect Detection Semiconductor GlobalFoundries JCET Reddit AI Ad Strategy Advertising User Engagement Vertiv Data Centers Microsoft Azure Copilot Cloud Computing Amazon AI Capacity Chip Shortages Alibaba Quark AI Glasses Qwen Large Language Model AI Wearable Tech Astera Labs AI Connectivity Chips Alphabet Google Gemini Chatbot