Tech
tech
Rani Molla
5/19/25

Apple’s delayed AI Siri, announced at its developer conference last year, won’t be out for this year’s WWDC

One year after Apple wowed users at its annual developer conference with a new AI-based Siri that could scan your personal information, texts, and emails to find pertinent information, that new assistant hasn’t arrived, Bloomberg’s Mark Gurman and Drake Bennett report in a highly-detailed piece about how Apple bungled its AI development.

The demos at its Worldwide Developers Conference (WWDC) last June were video portrayals of what the company thought the system would be able to achieve. The reality has been much messier, and Bloomberg goes into the reasons in depth.

Suffice it to say when the company’s software chief Craig Federighi tested the upgrade weeks before its planned release in April, “he was shocked to find that many of the features Apple had been touting — including pulling up a driver’s license number with a voice search — didn’t actually work.” The features won’t be discussed much at this year’s WWDC in June and are still months away, according to Bloomberg’s reporting.

The fallout?

  • People who bought the last new iPhone still don’t have many of the promised features, including a useful Siri. As such, the iPhone 16 has failed to drive a much-needed upgrade cycle for Apple, and has situated the company behind its competitors in the AI space.

  • Apple plans to separate Siri from Apple Intelligence in its marketing, “a tacit admission that the voice assistant’s poor reputation isn’t helping the company’s AI messaging.”

  • The company will stop announcing new features more than a few months before their launch in order not to make the same mistake of overpromising and underdelivering.

The demos at its Worldwide Developers Conference (WWDC) last June were video portrayals of what the company thought the system would be able to achieve. The reality has been much messier, and Bloomberg goes into the reasons in depth.

Suffice it to say when the company’s software chief Craig Federighi tested the upgrade weeks before its planned release in April, “he was shocked to find that many of the features Apple had been touting — including pulling up a driver’s license number with a voice search — didn’t actually work.” The features won’t be discussed much at this year’s WWDC in June and are still months away, according to Bloomberg’s reporting.

The fallout?

  • People who bought the last new iPhone still don’t have many of the promised features, including a useful Siri. As such, the iPhone 16 has failed to drive a much-needed upgrade cycle for Apple, and has situated the company behind its competitors in the AI space.

  • Apple plans to separate Siri from Apple Intelligence in its marketing, “a tacit admission that the voice assistant’s poor reputation isn’t helping the company’s AI messaging.”

  • The company will stop announcing new features more than a few months before their launch in order not to make the same mistake of overpromising and underdelivering.

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Nebius soars after signing a five year deal with Microsoft to supply nearly $20 billion worth of AI computing power

Artificial intelligence infrastructure group Nebius jumped more than 50% in early trading on Tuesday as the company announced a major deal to supply computing power for Microsoft’s AI operations after the close on Monday.

Under the agreement, Nebius — which rose from the ashes of Russian tech giant Yandex — will provide Microsoft “access to dedicated GPU infrastructure capacity in tranches at its new data center in Vineland, New Jersey over a five-year term.” The New Jersey data center has a capacity of 300 megawatts. The total contract value through 2031 is $17.4 billion, although, if further capacity is required, the contract value could rise to $19.4 billion.

The deal represents a sizable portion of Microsoft's proposed annual capital expenditure on AI, which is expected to reach $120 billion by the end of fiscal 2026.

Nebius and competitor CoreWeave are both on the short list of startups that Nvidia has invested in. Nvidia’s small stake in the former is now worth around $120 million.

Under the agreement, Nebius — which rose from the ashes of Russian tech giant Yandex — will provide Microsoft “access to dedicated GPU infrastructure capacity in tranches at its new data center in Vineland, New Jersey over a five-year term.” The New Jersey data center has a capacity of 300 megawatts. The total contract value through 2031 is $17.4 billion, although, if further capacity is required, the contract value could rise to $19.4 billion.

The deal represents a sizable portion of Microsoft's proposed annual capital expenditure on AI, which is expected to reach $120 billion by the end of fiscal 2026.

Nebius and competitor CoreWeave are both on the short list of startups that Nvidia has invested in. Nvidia’s small stake in the former is now worth around $120 million.

President Trump hosts tech executives and their guests to a dinner at the White House in the Oval Office.

Here are the Trump ties among the tech leaders who had dinner at the White House

Many of the attendees have donated to, vocally supported, or even worked for the president.

tech

Tesla’s EV market share declined to 38% in August

In August, Tesla’s share of the US EV market fell to 38%, according to new data from Cox Automotive reported by Reuters. Tesla’s market share fell below 50% for the first time last year, as competitors’ EVs began hitting the market. Now, as Tesla’s own sales slip more drastically than they had last year, it’s giving up even more ground. Tesla’s market share fell from 48.7% in June to 42% in July to 38% in August, according to Reuters. That slide has come even as buyers rushing to take advantage of the federal tax credit that ends this month provide a near-term boon for sales at Tesla and other EV makers.

$115B

OpenAI now expects to burn around $115 billion through 2029 — a full $80 billion higher than the company had previously estimated, The Information reports.

Just how much is that? It’s roughly equivalent to:

Fortunately for OpenAI, which is raising money at a $500 billion valuation, its revenue is also growing faster than expected. The ChatGPT maker now expects to make $13 billion in revenue this year and $200 billion in 2030.

An annotated photo of who attended the tech dinner at the White House.

An interactive who's-who of the tech execs at Trump's White House dinner

The White House invited a gaggle of top founders and tech executives for an intimate dinner at the White House.

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