Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.

Tim Cook addressed Apple employees, emphasizing the company's commitment to AI and its potential impact, comparing it to the internet and smartphones. Despite being a late entrant, Apple aims to lead ...

Outside the AI race, Microsoft is minting money from corporate customers spending on regular technology—long a sweet spot for the company. Many companies are shifting from buying their own IT ...