Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Instagram Outage Disrupts Thousands of U.S. Users 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Apple may introduce its first foldable iPhone by 2026, aiming for a significant hardware redesign to compete with Samsung and Huawei.
Apple's Foldable iPhone Has Moved Past the Concept Stage
According to Tuesday's story in The Information, Apple's foldable iPhone could be unveiled as early as 2026. This would be the most significant redesign of Apple's most popular product's hardware to date.
Samsung Electronics, based in South Korea, was an early adopter of the foldable market segment in 2019 in an effort to entice new consumers with a substantial hardware design revamp; the Cupertino, California-based corporation may follow suit with its planned introduction of a foldable iPhone.
The article cited two sources familiar with the situation to state that Apple's foldable iPhone had moved past the concept stage.
According to The Information, the iPhone maker has assigned the project an internal code name, V68, and has contacted Asian suppliers to procure components for the smartphone.
Intense Competition From Chinese Rivals
Per Yahoo Finance, despite intense competition from Chinese rivals Honor, Huawei, and Samsung on a worldwide scale, the iPhone maker is hoping that demand for its foldable devices equipped with AI capabilities will spur sales.
Unveiling its newest foldable smartphones in early July, Samsung reduced the weight and thickness of its most expensive flagship model while adding new artificial intelligence features.
In May, Counterpoint Research released research stating that the global foldable smartphone market had its best quarterly growth rate in six quarters, with Huawei surpassing Samsung to claim the top spot. The market had grown 49% year-over-year in the first quarter.
Enhancing the Camera on At Least One iPhone Model
According to The Information, Apple is also planning to enhance the camera on at least one iPhone model. This change would allow users to mechanically control the aperture size, which might potentially allow them to create a depth-of-field effect.
Additionally, the article stated that Apple's introduction of the foldable iPhone is not guaranteed.
A request for comment from Reuters was not immediately responded to by Apple.
