Apple is under growing pressure to secure a major AI acquisition as internal talent exits and product delays mount. With ...

Apple’s need for fresh AI talent is getting more urgent by the day. But if Perplexity is a no-go, who else could Apple buy?

BofA lowered the firm’s price target on Pony AI (PONY) to $20 from $21 and keeps a Buy rating on the shares after the company reported Q2 results.

Reports Q2 revenue $21.46M vs. $12.2M last year. James Peng, chairman and CEO of Pony.ai, commented, “This quarter marked a significant milestone in our journey toward large-scale production and ...