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Perplexity has released Portable Computer, a version of its agentic 'Computer' platform designed to run entirely on local hardware, starting with Nvidia's DGX Spark desktop and Linux machines with RTX GPUs. The system keeps models, files, and processing on-device by default, only asking permission to route individual steps to cloud-based frontier models when needed, meaning local tasks incur no billing credits.
A National Bureau of Economic Research survey found that more than 90 percent of executives reported no impact from AI on their firm's employment over the past three years, and 89 percent saw no gains in labor productivity. Despite this, companies are continuing to cut jobs while citing AI as justification, according to University of Pittsburgh professor Mark Ma.
Nvidia announced that its GeForce Now cloud gaming service will support Valve's Steam Controller and Steam Machine later this year, initially for the Steam Deck and Steam Machine app, with Windows and macOS support coming afterward. The update accompanies other GeForce Now additions, including DLSS 4.5 controls, GOG single sign-on, wider Fire TV Stick availability, and Firefox browser support.
Fiat Ventures announced it is unifying its growth consultancy, previously known as Fiat Growth, with its venture investing arm under one new brand called FGV Capital. Alongside the rebrand, the firm closed a $35 million second fund focused on fintech's overlap with AI, healthcare and commerce, backed by LPs including Reinsurance Group of America, MassMutual and Bank of America. General partners Marcos Fernandez and Drew Glover said the two businesses will remain operationally separate despite sharing a brand.
Apple unveiled two new chips, the 2nm M6 and the quad-die M5 Ultra, alongside refreshed Mac desktops built around them. The M6 combines super, performance and efficiency cores for the first time and adds a Neural Accelerator to each GPU core, while the M5 Ultra fuses two M5 Max chips into one processor with up to 36 CPU cores, 80 GPU cores and 512GB of unified memory. Neither desktop gets major new features beyond faster specs and higher pricing.
Dick's Sporting Goods shares dropped 15% pre-market after the retailer missed second-quarter earnings expectations and cut its full-year outlook for Foot Locker, whose comparable sales fell 3.6%. Meanwhile, Nvidia announced its Groq 3 LPX rack is entering full production later this year, the first commercial payoff from its $20 billion Groq acquisition, even as its stock posted a seventh straight day of losses ahead of Wednesday's earnings report.
Asus and Microsoft have set a launch date for the higher-end ROG Xbox Ally X20 handheld, which features an OLED screen. The device carries a premium price tag but stays roughly in line with what competing gaming handhelds already cost.
ASUS has refreshed its ROG Xbox Ally X handheld into the X20 edition to mark 20 years of its Republic of Gamers line. The update keeps the same internal hardware, including an AMD Ryzen Z2 Extreme chip, 24GB RAM, and 1TB storage, but swaps in a larger 7.4-inch OLED Nebula HDR display with higher peak brightness and a new translucent black-and-gold design.
A public showcase event in Shanghai let visitors interact directly with humanoid robots, part of China's broader effort to promote and accelerate its robotics industry. Organizers say such events matter because hands-on exposure builds public familiarity, even as humanoid robot development globally remains slow and uneven.
China's State Administration for Market Regulation has recalled nearly three million Tesla Model 3 and Model Y vehicles, saying interior emergency door handles blend into cabin trim and are hard to find in a crash. Tesla must add warning labels and push an over-the-air update that lowers windows automatically after collisions. A separate recall was issued for almost 400,000 Xiaomi SU7 EVs over the same concern.
Nvidia reports fiscal second-quarter results Wednesday, with investors closely watching how much of its revenue still comes from a handful of hyperscale cloud giants versus a broader base of AI cloud, industrial and enterprise customers. The company recently began splitting its reporting into hyperscaler revenue and a separate category it calls ACIE, covering thousands of other buyers. CEO Jensen Huang has acknowledged that hyperscalers remain the easiest customers to sell to because there are only a handful of them, compared with roughly 250,000 other companies in the broader market.
Sur La Table has introduced a dedicated resale platform allowing customers to buy pre-owned cookware, including premium copper pots, at prices reduced by as much as 70% compared to new items. The move mirrors resale initiatives pioneered by outdoor brand Patagonia, extending the secondhand model into the kitchenware category.