Apple's fiscal Q2 2026 R&D spending hit a record $11.4 billion, up 34% year-over-year. The increase signals accelerated AI investments, though it lags peers like Alphabet and Meta.
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ON Semiconductor agreed to acquire Synaptics in a nearly $7 billion all-stock transaction that accelerates its physical AI expansion and lifts its total addressable market to $243 billion by 2030. The deal, the company's largest to date, is slated to close in mid-2027 amid a surge in AI-related buyouts industrywide.
The Trump administration has reportedly asked OpenAI to stagger the release of GPT-5.6 in limited preview form to select enterprise customers, with the government approving access on a case-by-case basis. The move is described as more favorable than the export-control directive imposed on Anthropic earlier this month and highlights uneven federal oversight of frontier AI models.
Zoox unveiled an updated version of its purpose-built robotaxi with lighter interior colors, refined seating, improved visibility features, and enhanced audio capabilities based on rider feedback from half a million rides. The changes aim to deliver greater comfort and simplicity while the Amazon-backed company advances its fully driverless ride-hailing service.
