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Bloomberg
Financial

Apple Cuts Jobs as It Reprioritizes Around AI

Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg's Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple's foldable iPhone and why the device could prove particularly important in China. He joins Ed Ludlow on "Bloomberg Tech."

Leia mais: Apple Cuts Jobs as It Reprioritizes Around AI
Bloomberg
Financial

Nvidia Customers Brace for Higher AI Costs

Nvidia customers are being warned of potential price increases of around 15% for Blackwell and Rubin-based AI systems as soaring memory costs ripple through the infrastructure buildout. Raymond James Analyst and Managing Director Simon Leopold explains why the increases aren't surprising and why older generations of GPUs can remain valuable even as newer chips enter production. He joins Ed Ludlow on "Bloomberg Tech."

Leia mais: Nvidia Customers Brace for Higher AI Costs
Bloomberg
Financial

LinkedIn Users Are Rewriting the Past to Land Jobs

Researchers at Stanford University and Revelio Labs found that nearly 20% of established US LinkedIn users edited the descriptions or titles of jobs they had left years earlier, with tech workers doing so at a rate of nearly one in three. These changes, dubbed "time travel," aren't made while memories are still fresh, but instead reflect a change in personal branding, with the median time-travel edit occurring more than four years after the user left the role. Beth Kowitt, Bloomberg Opinion Columnist covering corporate America joined Bloomberg Intelligence to discuss.

Leia mais: LinkedIn Users Are Rewriting the Past to Land Jobs
Bloomberg
Financial

US Economy Can Keep Growing Despite Higher Rates, Says House

Wells Fargo's Sarah House says Chair Kevin Warsh may use Jackson Hole to focus on longer-term questions facing the Federal Reserve rather than signal the next move on interest rates. She also discusses alternative economic data, the Fed balance sheet, Treasury yields and why the U.S. economy continues to show resilience. House speaks with Bloomberg's Tom Keene and Paul Sweeney on Surveillance Radio.

Leia mais: US Economy Can Keep Growing Despite Higher Rates, Says House
Bloomberg
Financial

Ives: Nvidia Earnings Could Be the Next Big Catalyst for AI Stocks

Nvidia's earnings report on Wednesday will likely serve as another reminder of the company's commanding lead. Analysts estimate that revenue nearly doubled last quarter from a year earlier to $92 billion. That's more money than any of its rivals get in a full year. But the flood of cash with sky-high profit margins only makes its turf more attractive. Meanwhile, some of Nvidia Corp.'s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases, people familiar with the matter have said. Dan Ives, Partner and Senior Managing Director at Yorkville Ives, joins for a closer look.

Leia mais: Ives: Nvidia Earnings Could Be the Next Big Catalyst for AI Stocks