Anthropic Files for IPO, Signaling a New Era for Public AI Investments in 2026 
Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit 
Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026 
Nvidia Expands South Korea AI Partnerships to Strengthen Data Center and Memory Chip Supply 
SpaceX Sets IPO Price at $135 Per Share Ahead of Historic Nasdaq Debut 
Meta Challenges Australia’s Proposed Tech Tax, Citing U.S. Trade Agreement Concerns 
Naver Stock Jumps on NVIDIA Partnership to Build South Korea’s AI Infrastructure 
US Tightens AI Chip Export Rules, Impacting Nvidia and AMD Sales to Chinese Firms 
SoftBank Becomes Japan’s Most Valuable Company as AI-Fueled Rally Drives Shares to Record High 
South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge 
Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook 
Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO 
US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans 
Alphabet Unveils $80 Billion Capital Raise to Accelerate AI Expansion, Secures $10 Billion Backing from Berkshire Hathaway 
Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028 
Apple’s negotiations for the parts and manufacturing of its electric vehicle are said to be underway, suggesting that the iPhone maker is moving along with the project. However, sources of a new report say the goal to launch the Apple car by 2025 is becoming less likely.
Earlier this year, there were multiple reports that Apple had reached out to auto suppliers in Japan and South Korea for potential deals in manufacturing the Apple car. It appears that Apple continues to have these talks with other supply chain players, as Bloomberg’s Mark Gurman reported in the latest Power On newsletter that the company is “negotiating deals” for the Apple car parts and manufacturing.
Even though these preparations are already underway, the Apple car is still several years away from being shipped. The report, citing “people familiar with the project,” said the vehicle’s full self-driving capabilities may not be ready by 2025. But Apple could still make an announcement for the Apple car around that time.
Gurman also reported that Apple VP of Technology Kevin Lynch has brought in key persons from the Apple Watch group to work on the electric vehicle’s development and recently reorganized the Apple car management team.
It was previously reported that Apple was considering not including a steering wheel and pedals in the Apple car because the company hopes to ship it as a fully autonomous vehicle. But with the availability of the self-driving capabilities at launch now in question, Apple will likely come up with a different design. While the vehicle’s appearance remains a mystery, Gurman noted that Apple has some of the best car designers working on the Apple car.
Meanwhile, Apple announced it is developing the “next generation” of CarPlay at the Worldwide Developers Conference last week. Aside from showing significant interface improvements and new instrument cluster options, Apple also confirmed drivers would be able to tune their car radio and even adjust the temperature with the next version of CarPlay. While the Apple car was not mentioned in the event, Gurman suggests the CarPlay demo was the closest to a confirmation that fans can get for now.
Photo by Chris Nagahama on Unsplash
