Tag Archives: CNBC

Nvidia’s market cap tops $4.5 trillion after string of AI infrastructure deals

Nvidia shares are up about 39% so far in 2025, as investors continue pouring money into the leading developer of AI chips.

Posted in Tech | Tagged | Comments Off on Nvidia’s market cap tops $4.5 trillion after string of AI infrastructure deals

Amazon’s new Echo devices designed for Alexa+ start at $99

Amazon unveiled a slew of new smart speakers and displays that are revamped with Alexa+, its personal assistant powered by generative artificial intelligence.

Posted in Tech | Tagged | Comments Off on Amazon’s new Echo devices designed for Alexa+ start at $99

Spotify founder Daniel Ek stepping down as CEO, company names co-CEOs to replace him

Spotify’s CEO Daniel Ek is set to step down in January next year and move to the role of Executive Chairman, the company said on Tuesday.

Posted in Tech | Tagged | Comments Off on Spotify founder Daniel Ek stepping down as CEO, company names co-CEOs to replace him

Ring founder ‘backs the blue,’ says AI is helping Amazon-owned doorbell unit fight crime

Ring founder Jamie Siminoff returned to the company he founded in April to lead the business, which is part of Amazon’s devices division.

Posted in Tech | Tagged | Comments Off on Ring founder ‘backs the blue,’ says AI is helping Amazon-owned doorbell unit fight crime

Firefly Aerospace stock tanks 24% after test rocket explosion

The explosion occurred during a first-stage test flight of its Alpha Flight 7 rocket at a Texas facility.

Posted in Tech | Tagged | Comments Off on Firefly Aerospace stock tanks 24% after test rocket explosion

Google’s AI Mode adds images as search giant tries to keep pace with rivals

Google’s AI Mode launched as a primarily text-based tool that could answer questions using natural language.

Posted in Tech | Tagged | Comments Off on Google’s AI Mode adds images as search giant tries to keep pace with rivals

AI chip company Cerebras raises $1 billion in pre-IPO funding round

Cerebras is raising fresh capital to expand manufacturing as it tries to keep up with demand from Meta and other customers.

Posted in Tech | Tagged | Comments Off on AI chip company Cerebras raises $1 billion in pre-IPO funding round

DoorDash launches delivery robot in latest push into autonomous technology

DoorDash announced an autonomous robot known as Dot that can navigate busy streets to deliver food to customers.

Posted in Tech | Tagged | Comments Off on DoorDash launches delivery robot in latest push into autonomous technology

CoreWeave stock climbs 8% after company lands $14 billion deal with Meta

Posted in Tech | Tagged | Comments Off on CoreWeave stock climbs 8% after company lands $14 billion deal with Meta

It’s Amazon’s turn to show off new devices: All eyes on Alexa+, Echo and Kindle

Amazon CEO Andy Jassy in February teased artificial intelligence upgrades to its devices lineup.

Posted in Tech | Tagged | Comments Off on It’s Amazon’s turn to show off new devices: All eyes on Alexa+, Echo and Kindle