In this rapidly evolving era, artificial intelligence technology is developing at an unprecedented pace, bringing widespread opportunities. AI Daily is committed to uncovering and analyzing the latest AI concept stocks and market trends, providing in-depth industry insights and value analysis.

**AI News Brief**

1. **OpenAI Announces Non-Profit Parent Company to Hold Over $100 Billion in Equity** OpenAI announced that its non-profit parent company will hold over $100 billion in equity and will continue to oversee OpenAI's management. OpenAI Chairman Bret Taylor stated in the announcement that this makes it "one of the world's most well-resourced charitable organizations." The non-profit plans include $50 million in AI-related government grants. The AI startup recently achieved a $500 billion valuation in its secondary offering. Microsoft and OpenAI have reached a preliminary understanding regarding their alliance, with both parties agreeing to work toward the startup's reorganization.

2. **Microsoft CEO Nadella Acknowledges Need to Rebuild Employee Trust, Says "We Will Get Better"** Microsoft will deploy more computing power to support its proprietary artificial intelligence models. The company plans to expand its physical infrastructure to train its own AI models, competing with companies like OpenAI and Anthropic.

3. **Adobe Provides Strong Performance Guidance, Indicating AI Features Are Paying Off** Adobe reported third-quarter revenue of $5.99 billion, compared to analyst expectations of $5.91 billion. The company forecasts full-year revenue of $23.65-23.70 billion, up from its previous guidance of $23.50-23.60 billion. Digital Media ARR is expected to grow 11.3% for the full year, compared to the company's previous forecast of 11.0%. Fourth-quarter revenue is projected at $6.08-6.13 billion, meeting analyst expectations of $6.08 billion. Fourth-quarter Digital Media revenue is expected to reach $4.53-4.56 billion, above analyst expectations of $4.51 billion. Fourth-quarter Digital Experience revenue is projected at $1.50-1.52 billion. Adobe shares rose 8% in after-hours trading.

4. **Alibaba Launches More Efficient Qwen3-Next AI Model with 80 Billion Parameters** Alibaba Group Holding Limited has launched a new Qwen artificial intelligence model designed to significantly improve efficiency as it seeks to keep pace with numerous AI competitors. The new Qwen3-Next model architecture is designed to better handle large amounts of information while reducing computational costs during and after training.

5. **OpenAI and NVIDIA CEOs Plan Multi-Billion Dollar UK Data Center Investment** The CEOs of OpenAI and NVIDIA are reportedly planning to commit billions of dollars in funding for UK data center projects during their visit to Britain next week. According to sources familiar with the matter, these US tech companies will partner with London-based data center company Nscale Global Holdings on the project. Nscale, established in May 2024, previously committed to investing $2.5 billion in the UK data center industry over three years, including the purchase of a site in Luton, Essex. When Nscale announced the Luton site in January, it stated the facility could accommodate up to 45,000 NVIDIA GB200 superchips. Earlier reports indicated that Nscale was seeking to raise $2.7 billion in April. This latest reported investment highlights the growing demand from tech companies for digital infrastructure driven by artificial intelligence and cloud computing.

**Tech Giants Daily Report**

**Analysts "Lack Inspiration" Following Apple Product Launch, DA Davidson Downgrades Rating**

DA Davidson downgraded Apple's rating from Buy to Neutral while maintaining its $250 price target. Apple shares traded roughly flat in pre-market trading Thursday but showed upward momentum.

Analysts led by Gil Luria stated: "While we were initially excited about Apple's prospects in the AI ecosystem and potential for a significant upgrade cycle, we have come to realize that neither is likely to materialize in the near term."

The analysts noted that recent product launches left them "lacking inspiration," believing Apple may not significantly leverage artificial intelligence in the short term. "Unless they can redefine existing products or develop compelling new offerings, we believe growth will remain constrained under current conditions. Therefore, we are downgrading Apple to 'Neutral' while maintaining our $250 price target," Luria and his team stated.

On Tuesday, Apple unveiled its latest iPhone series, including the thinner new iPhone Air. Besides the iPhone Air, the company also introduced the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max.

The analysts stated they don't question the utility of these products, but beginning with the iPhone, Apple has brought lackluster innovation to its core product lines. Luria and his team said: "The iPhone 16 series and recently launched iPhone 17 and iPhone Air all leave us questioning whether they possess sufficient appeal to justify any meaningful upgrade cycle."

The analysts added that even a foldable iPhone, which they expect to launch next year, may not be enough to motivate average users to upgrade their phones. "Therefore, unless the company can truly innovate its core product lines or develop new product categories to accelerate growth, we won't be impressed."