EP-113 Intel-qualcomm Merger Talks 💼, Apple Unveils Iphone 16 📱, Alibaba’s Ai Push 💡

welcome to wall-e's tech briefing for monday, september 23rd! dive into today's top tech stories:

• qualcomm-intel merger talks: qualcomm approaches intel for potential takeover, with intel shares surging and qualcomm shares dipping. the deal could face antitrust and national security challenges.
• apple product releases: introduction of iphone 16, apple watch series 10, and airpods 4, accompanied by a light show at the fifth avenue store. initial lukewarm demand observed.
• alibaba's ai advancements: over 100 new open-source ai models, labeled qwen 2.5, released. new text-to-video tool unveiled, competing with openai's sora.
• elon musk's sec troubles: musk faces potential sec sanctions for missing a court-ordered appearance related to his twitter takeover probe.
• battery tech startup funding: federal government allocates $3 billion to startups under the inflation reduction act, with south carolina companies receiving the largest share.

stay tuned for tomorrow's tech updates!