Private US investment firm; Co-President since 2018
A wave of tests and product launches shows the tech industry pressing to give AI a physical form. From gig-data data collection to consumer humanoids, firms are racing to turn digital intelligence into real-world Lab-to-life tools.
Micron has reported blockbuster fiscal third-quarter results — $41.46bn revenue and $28.24bn net income — and has forecast roughly $50bn for the current quarter. The results have pushed Micron above a $1tn market value, restarted buying in memory stocks and have sharpened concerns that soaring AI data‑centre demand is forcing consumer electronics makers, including Apple, to prepare price increases.
Investors and analysts are weighing the possibility of a SpaceX–Tesla merger as both firms push ambitious AI and hardware programs. SpaceX’s IPO has underscored Elon Musk’s unique control of multiple unicorns, while observers debate whether a combined entity would unlock synergies or raise legal hurdles.
Major device makers have raised prices and warned consumers after memory and storage costs have surged because AI data‑centre buildouts are buying up DRAM and flash. Apple has increased Mac and iPad prices; Microsoft, Sony and Nintendo have signalled or implemented console and hardware hikes. Analysts say shortages will persist into 2027.
Prices for Xbox consoles and various Apple devices have surged as AI-driven demand strains memory and storage components, pushing manufacturers to raise prices by hundreds of dollars. The trend affects consumers globally as memory costs double and memory shortages loom. The changes come as several publishers report price increases from Microsoft, Apple and others amid an AI infrastructure boom.
Meta is pursuing a cloud compute business, potentially selling access to excess AI compute power and/or hosted AI models. The move follows high AI infrastructure spending and could reshape the company’s revenue flow beyond advertising. Investors have reacted positively, while rivals and early pilots offer a benchmark for profitability.
The PlayStation brand has announced it will end physical disc production for new games starting January 2028, shifting to digital-only releases. Boxed versions will include download codes. Analysts say the move will improve margins, but consumers will lose resale options and used-book value.
Amazon is integrating its Luna cloud gaming service into Prime Video, making Luna games accessible within the Prime membership. The move follows Luna's prior standalone rollout and aims to broaden gaming access by removing hardware barriers. Publications discuss the potential for ads, the impact on traditional consoles, and the ongoing challenges of latency.