Apple faces a class action lawsuit from shareholders alleging the company overstated its AI progress, particularly with Siri.

Apple is reportedly in early talks to acquire Perplexity, an AI search startup valued at $14 billion, according to Bloomberg. While no formal bid has been made, the move could mark Apple's biggest ...

Adrian Perica, the company's head of mergers and acquisitions, has weighed the idea with services chief Eddy Cue and top AI ...

Big tech companies are doubling down on investments to enhance AI capabilities and support growing demand for AI-powered ...

Apple is reportedly exploring a potential acquisition of artificial intelligence startup Perplexity, according to Bloomberg ...

Apple Inc. executives have held internal discussions about potentially bidding for artificial intelligence startup Perplexity ...

Apple shares have lost nearly one-fourth of their value since their December 26, 2024 record high, wiping out approximately $900B of market value.

Shareholders said the truth began to emerge on March 7 when Apple delayed some Siri upgrades to 2026, and continued through this year’s Worldwide Developers Conference when Apple’s ...

Our Do You Use It? poll reveals minimal engagement with most Apple Intelligence features, suggesting these AI-powered capabilities aren’t yet meeting user needs.

Stocks with PEGs under 1 are generally considered undervalued, and based on this metric, five of the best values in the AI ...