WS #11717
Starbucks using AI to build in-house software to replace some Microsoft and IBM applications, aiming to cut $400M software bill; IBM down 5% premarket. Apple in talks with PrismML to bring 27B-parameter AI models to iPhone 17 Pro, a bullish signal for on-device AI and potential competitive threat to cloud AI providers. Micron increases US manufacturing commitment to over $250B through 2035, begins construction on largest US semiconductor fab in New York three months ahead of schedule; dark pool buy of $157.71M.
Starbucks Developing AI to Replace Microsoft/IBM Software
Starbucks using AI to build in-house software to replace some Microsoft and IBM applications, aiming to cut $400M software bill; IBM down 5% premarket.
Apple in talks with PrismML to bring 27B-parameter AI models to iPhone 17 Pro, a bullish signal for on-device AI and potential competitive threat to cloud AI providers.
Micron increases US manufacturing commitment to over $250B through 2035, begins construction on largest US semiconductor fab in New York three months ahead of schedule; dark pool buy of $157.71M.