Apple (AAPL) is reportedly working with Broadcom (AVGO) to develop a new AI chip, according to The Information. Albertsons (ACI) is filing a lawsuit against Kroger (KR) over their failed merger after a judge blocked the deal, the grocery chain claiming Kroger breached its contract agreement and failed to exercise its “best efforts” to get the merger approved. General Motors (GM) is halting funding of its robotaxi service Cruse and merge it into its broader technical team. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
Yahoo! Finance: ACI News