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Tag Archives: CNBC
Bitcoin rises to new high for the year Friday above $38,000
Crypto prices have recovered from a big dip earlier in the week, with bitcoin hitting a new high for the year on Friday.
Nvidia shares fall as it reportedly delays China AI chip designed to comply with U.S. export rules
Reuters, citing two sources familiar with the matter, reported that Nvidia told Chinese customers that it is delaying the launch of an AI chip that is designed to comply with U.S. export rules until the first quarter of next year.
$115 million stolen from two crypto firms linked to Justin Sun after hack
Around $115 million so far has been stolen after hackers exploited the HTX exchange and Heco Chain, two cryptocurrency platforms linked to Justin Sun.
Global smartphone sales rebound in October after declining for more than 2 years: Counterpoint
The global smartphone market grew 5% year-on-year in October after months of negative growth, said Counterpoint Research.
How Meta could benefit from the OpenAI shakeup
Meta and Mark Zuckerberg, who had the luxury of watching the OpenAI boardroom drama from the sidelines, could end up indirectly benefiting the most.
Binance users pull over $1 billion from the exchange after CEO leaves, pleads guilty
Binance has seen outflows amounting to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis firm Nansen.
Sam Altman’s back. Here’s who’s on the new OpenAI board and who’s out
After a weekend of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Three new board members have replaced the previous leadership fired Altman.
Huawei’s smartphone spin-off Honor plans IPO
Huawei spun Honor off in 2020 after U.S. sanctions crippled the Chinese tech giant’s smartphone business.
OpenAI brings Sam Altman back as CEO less than a week after he was fired by board
Less than a week after he was fired as CEO by the OpenAI board, Sam Altman is back running the artificial intelligence startup.
A growing number of tech execs think AI is giving Big Tech ‘inordinate’ power
ChatGPT marked the start of what many in the industry have called an AI arms race, as tech giants have sought to launch AI models.