Top Companies' AI Moves

Today's Stories

1. 1

   Tempus AI Jumps on Merck-Moderna Cancer Trial Win

   Tempus AI's stock surged following a Merck and Moderna cancer trial that demonstrated positive results using Personalis technology, which Tempus acquired. The trial outcome validated the company's investment in the Personalis acquisition. The successful cancer trial provides real-world evidence that Tempus's acquisition of Personalis—a genomics and diagnostics company—can deliver clinical value in oncology, strengthening Tempus's position in precision medicine and potentially opening pathways for broader adoption in cancer treatment.

   The results may accelerate Tempus's ability to commercialize Personalis's genomic capabilities in partnership with major pharmaceutical and biotech players like Merck and Moderna.

2. 2

   Microsoft AI's CMO Andréa Mallard departs after six months

   Andréa Mallard, who joined Microsoft AI as chief marketing officer in January from Pinterest, is leaving the company. In a June 30 internal memo, Microsoft executive Yusuf Mehdi announced that Mallard plans to relocate her family to Europe in August to be closer to her father and will step back from her role, staying on as an advisor until early next year. Mallard's departure signals a shift in Microsoft AI's consumer marketing strategy. The company is merging its consumer and business Copilot apps into a single application and consolidating Copilot marketing efforts under executive Jared Spataro. Microsoft AI does not plan to directly replace Mallard's role, suggesting a reorganization of how the company markets its flagship AI product—which generally lags behind competitors like ChatGPT and Claude.

   Mallard's successor role will not be filled; instead, Copilot marketing will operate under Jared Spataro. This reflects broader changes at Microsoft AI, including the March move of CEO Mustafa Suleyman to lead a superintelligence team and the consolidation of commercial and consumer Copilot teams under new leadership.

3. 3

   QUALCOMM stock down 21% in 3 months; AI and auto push seen lifting it to $196

   Qualcomm shares have fallen 20.90% over 90 days and 6.75% over 30 days, bringing the stock to $160.19. The pullback reflects ongoing handset segment weakness, but the company is gaining traction with its Snapdragon Digital Chassis among major automakers and expanding AI platform use in PCs, robotics, and smartphones. Analysts see the automotive and industrial IoT segments—with a combined $22 billion revenue target by 2029—as a margin-accretive growth driver that could diversify Qualcomm beyond smartphones. The most-followed valuation narrative assigns a fair value of $196.27, implying the stock is 18.4% undervalued at current prices, hinging on the company's ability to scale these higher-margin businesses faster than smartphone weakness erodes earnings.

   The core risk to this thesis is whether handset weakness persists or Apple-related revenue fades faster than expected, while newer AI and data center bets take longer to scale than the narrative assumes. Investors are weighing whether the recent pullback is an early entry point or a signal to wait for an even lower price.

4. 4

   AI voice-cloning fuels surge in social engineering attacks

   Scammers are increasingly using AI-powered voice-cloning and deepfake technology to imitate trusted contacts, send personalized phishing emails, and conduct coordinated attacks across email, phone calls, messaging platforms and social media simultaneously. These capabilities, once requiring specialized expertise, are now widely accessible through readily available tools. AI has dramatically accelerated the speed and scale at which social engineering attacks can operate. Attackers can generate hyper-realistic emails, clone voices, and create manipulated audio, images and videos tailored to specific individuals or teams in minutes—making it harder for employees to spot fraud before disclosing sensitive information or granting system access.

   The article recommends verifying any unexpected request involving credentials, approvals, payments or sensitive information through a separate trusted communication channel, following established business processes, and reporting suspicious communications promptly. Independently confirming requests can help prevent fraud and impersonation attempts.

5. 5

   Mayo Clinic appoints new CIO from Honeywell to lead AI expansion

   Mayo Clinic appointed Arun Kumar Bhaskara-Baba as chief information officer in May, succeeding Cris Ross who retired in 2024 after 12 years. Bhaskara-Baba joins from Honeywell Aerospace and Defense, where he directed digital strategy and scaled the company's artificial intelligence capabilities. Bhaskara-Baba brings more than 25 years of tech experience, including work at Johnson & Johnson and Dell in IT leadership roles spanning manufacturing, risk management, quality, compliance, and information security. His background scaling AI capabilities positions him to lead Mayo's expansion of AI systems across its network of 16 hospitals and 45 multispecialty clinics.

   Mayo is doubling down on AI infrastructure — in June the health system announced a partnership with Microsoft to build a "frontier" AI model for earlier diagnosis and treatment planning, and deployed advanced AI infrastructure created by NVIDIA for drug discovery.

6. 6

   SanDisk unveils 9th-gen AI flash memory; stock up 491% YTD amid valuation debate

   SanDisk unveiled a 9th generation 2Tb QLC 3D flash memory platform developed with Kioxia, designed for AI-heavy cloud workloads. The stock has surged 27.91% in the past 7 days and 490.68% year to date, though it declined 9.01% in a single recent session. The new platform targets rapid data center NAND exabyte growth driven by AI and cloud expansion, positioning SanDisk's enterprise SSD portfolio to benefit from sustained revenue acceleration and higher pricing power. However, valuation analysts diverge sharply: one narrative pegs fair value at $1,772.91 (suggesting 8.3% upside from the $1,625.78 close), while a discounted cash flow model values the stock at $1,202.86 (suggesting potential downside if growth or margins soften).

   The thesis depends on tight NAND supply and strong data center AI demand; any oversupply or slower AI buildout could undermine the case for the higher valuation. Investors should weigh the 3 key rewards and 2 important warning signs outlined in the full analysis before taking a position.