Buffett, Gates and Bezos Dumping Stocks

The world's wealthiest individuals are making huge moves with their money. Warren Buffett just liquidated billions of shares. Bill Gates sold 500,000 shares of Microsoft. Jeff Bezos filed to sell Amazon shares worth $4.8 billion. What is going on? One multi-millionaire believes they are preparing for a catastrophic event. But not a crash, bank run, or recession. It's something we haven't see in America for more than a century.

Google's Pixel 10 phones raises the ante on artificial intelligence

MICHAEL LIEDTKE
August 20, 2025

Google on Wednesday unveiled a new line-up of Pixel smartphones injected with another dose of artificial intelligence that's designed to do everything from fetch vital information stored on the devices to help improve photos as they're being taken.

The AI expansion on the four Pixel 10 models amplifies Google's efforts to broaden the use of a technology that is already starting to reshape society. At the same time, Google is taking a swipe at Apple's Achilles' heel on the iPhone.

Apple so far has only been able to introduce a few basic AI features on the iPhone while failing to deliver on last year's promise to deliver a more conversational and versatile version of its often-blundering virtual assistant Siri.

Without mentioning the iPhone by name, Google has already been mocking Apple's missteps in online ads promoting the four new Pixel models as smartphones loaded with AI technology that consumers won't have to wait for more than a year to arrive.

Google, in contrast, has been steadily increasing the amount of AI that it began to implant on its Pixels since 2023, with this year's models taking it to another level.

Taking advantage of a more advanced processor, Google is introducing a new AI feature on the Pixel 10 phones called "Magic Cue" that's designed to serve as a digital mind reader that automatically fetches information stored on the devices and displays the data at the time it's needed. For instance, if a Pixel 10 user is calling up an airline, Magic Cue is supposed to instantaneously recognize the phone number and display the flight information if it's in Gmail or a Google Calendar.

The Pixel 10 phones will also come with a preview feature of a new AI tool called "Camera Coach" that will automatically suggest the best framing and lighting angle as the lens is being aimed at a subject. Camera Coach will also recommend the best lens mode to use for an optimal picture.

The premium models -- Pixel 10 Pro and Pixel 10 Pro XL -- will also include a "Super Res" option that deploys a grab bag of software and AI tricks to zoom up to 100 times the resolution to capture the details of objects located miles away from the camera. The AI wizardry could happen without users even realizing it's happening, making it even more difficult to know whether an image captured in a photo reflects how things really looked at the time a picture was taken or was modified by technology.

Google is also offering a free one-year subscription to its AI Pro plan to anyone who buys the more expensive Pixel 10 Pro or Pixel 10 Pro XL models in hopes of hooking more people on the Gemini toolkit it has assembled to compete against OpenAI's ChatGPT.

The prices on all four Pixel 10 models will remain unchanged from last year's Pixel 9 generation, with the basic starting at $800 and the Pro selling for $1,000, the Pro XL at $1,200 and a foldable version at $1,800. All the Pixel 10s expect the foldable model will be in stores on August 28. The Pixel 10 Pro Fold will be available starting October 9.

Although the Pixel smartphone remains a Lilliputian next to the Gulliverian stature of the iPhone and Samsung's Galaxy models, Google's ongoing advances in AI while holding the line on its marquee devices raise the competitive stakes.

"In the age of AI, it is a true laboratory of innovation," Forrester Research analyst Thomas Husson said of the Pixel.

Apple, in particular, will be facing more pressure than usual when it introduces the next-generation iPhone next month. Although the company has already said the smarter Siri won't be ready until next year at the earliest, Apple will still be expected to show some progress in AI to demonstrate the iPhone is adapting to technology's AI evolution rather than tilting toward gradual obsolescence. Clinging to a once-successful formula eventually sank the BlackBerry and its physical keyboard when the iPhone and its touch screen came along nearly 20 years ago.

Apple's pricing of the next iPhone will also be under the spotlight, given that the devices are made in China and India -- two of the prime targets in President Donald Trump's trade war.

But Apple appeared to gain a reprieve from Trump's most onerous threats earlier this month by adding another $100 billion on top of an earlier $500 billion investment pledge to the U.S. The tariff relief may enable Apple to minimize or even avoid price increases for the iPhone, just as Google has done with the Pixel 10 models.

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