Bloomberg's Caroline Hyde and Ed Ludlow break down Apple scrapping its EV ambitions after a decade-long effort now that the company focuses on AI instead. Plus, Google CEO Sundar Pichai blasts the failures of Gemini's image generation feature as the company looks to remedy the situation.

Tesla Plans Additional $25 Billion in Spending
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Google Cloud Debuts New AI Chips
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Apple CEO Transition: Hardware, AI, China
38:38