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OpenAI developing AI-powered smart speaker as its first hardware device amid Apple lawsuit.

Market News
14 Jul 2026
TechCrunch
View Source
Bearish
OpenAI developing AI-powered smart speaker as its first hardware device amid Apple lawsuit.

OpenAI is reportedly developing its first hardware device, a screen-free mobile smart speaker with integrated AI that syncs with ChatGPT and offers personalized home AI services. The device is designed to act as a "humanlike AI companion" that learns about its owner over time and includes mechanical elements that can move independently. Developed with former Apple engineers, this product marks OpenAI's entry into consumer AI hardware, despite ongoing legal disputes with Apple over alleged trade secret theft. OpenAI denies wrongdoing and claims the device is distinct from Apple's offerings. This move reflects growing interest in AI-powered consumer devices in the tech industry.

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Investing $500 monthly in VOO since 2010 could grow to $330,000, highlighting the power of S&P 500 cap-weighted ETFs.

Investing $500 monthly in VOO since 2010 could grow to $330,000, highlighting the power of S&P 500 cap-weighted ETFs.

A $500 monthly investment in the Vanguard S&P 500 ETF (VOO) since its 2010 launch would be worth about $330,000 today, driven by mega-cap tech giants like Nvidia, Apple, and Microsoft. The article compares VOO with other S&P 500 ETFs like IVV, SPY, S...

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Company Fundamentals
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Market News
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Nvidia CEO Jensen Huang dismissed extreme fears about AI as unscientific and emphasized the responsibility of AI companies to develop technology safely, advising to hold back AI if it's not ready. This comes ahead of a state dinner hosted by Presiden...

Market News
Neutral
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Apple stock set for new highs as Bank of America targets $370 amid strong sales and AI growth.

Apple stock set for new highs as Bank of America targets $370 amid strong sales and AI growth.

Apple's stock is gaining momentum with a Bank of America analyst predicting a rise to $370 within 12 months, signaling a 10.7% upside from current levels. This optimism is driven by strong fiscal results, aggressive U.S. carrier promotions boosting i...

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