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BIDEN VISITS ARIZONA COMPUTER CHIP SITE, HIGHLIGHTS JOBS

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President Joe Biden on Tuesday visited the site for a new computer chip plant in Arizona, using it as a chance to emphasize how his policies are fostering job growth in what could be a challenge to the incoming Republican House majority.

BIDEN VISITS ARIZONA COMPUTER CHIP SITE, HIGHLIGHTS JOBS

Biden has staked his legacy in large part on major investments in technology and infrastructure that were approved by Congress along bipartisan lines. The Democratic president maintains that the factory jobs fostered by $52 billion in semiconductor investments and another $200 billion for scientific research will help to revive the U.S. middle class.

"What I'm most excited about is people are starting to feel a sense of optimism as they see the impact of the achievements in their own lives,” Biden said Tuesday. “It's going to accelerate in the months ahead and it's part of a broad story about the economy we're building that works for everyone." But there are signs that past moments of bipartisanship on economic matters may be harder to replicate after November's midterm elections, in which Republicans won a House majority. Biden still pitches the investments as a sign of what happens when lawmakers partner with each other, but Republican House Leader Kevin McCarthy, who could be the next speaker, attacked the legislation in a July floor speech as a "blank check" and "corporate welfare.

The president is battling high inflation that has left most Americans feeling as though the country's economic prospects are bleak.

That has provided Republicans with a target for saying Biden is not meeting the needs of American families.

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OPENAI RAISES $122 BILLION AS AI INFRASTRUCTURE RACE ACCELERATES

OpenAI has raised $122 billion in a new funding round that values the artificial intelligence company at approximately $852 billion, underscoring the scale of capital now flowing into AI infrastructure.

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ALIBABA DEPLOYS 10,000 IN-HOUSE ZHENWU AI CHIPS TO CHALLENGE NVIDIA

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APPLE RESEARCH EXPLORES AI-ASSISTED UI PROTOTYPING AND IMAGE SAFETY RATING

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APPLE ARCADE COULD USE AN "ALWAYS ALLOW" FEATURE SEPARATE FROM THE APP STORE

Apple Arcade has quietly become one of the most parent-friendly corners of Apple’s services lineup.

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APPLE RUNS OUT OF COMPUTERS: SEVERAL MODELS UNAVAILABLE FOR MONTHS AMID COMPONENT SHORTAGE

Apple is facing extended supply constraints across parts of its Mac lineup as the global shortage of key components — particularly RAM memory — continues to ripple through the technology industry.

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GEMINI IS GETTING A “PROJECTS” FEATURE TO ORGANIZE AI CHATS

Google is testing a new organizational feature for Gemini called “Projects,” designed to help users group and manage conversations more effectively.

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INTEL CONFIRMS ROLE IN ELON MUSK'S TERAFAB PROJECT

Intel has formally confirmed that it is a key partner in Elon Musk's Terafab initiative, a large-scale semiconductor manufacturing project tied to Tesla, SpaceX, and xAI.

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APPLE'S STUDIO DISPLAY XDR RECEIVES FDA CLEARANCE FOR MEDICAL IMAGING USE

Apple has secured U.S. Food and Drug Administration clearance for the medical imaging calibrator designed for its Studio Display XDR, marking a significant step into regulated clinical workflows.

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