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Tag Archives: CNBC
Tesla’s continuing sales slump in Europe weighs on stock price
Tesla EV registrations in Europe fell by more than 20% year-over-year in August, according to data from the European Automobile Manufacturers’ Association.
Judge in Anthropic copyright case preliminarily approves $1.5 billion settlement with authors
The lawsuit alleged that the AI startup illegally downloaded material from pirated databases.
Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
President Donald Trump on Thursday approved a proposed deal that would keep TikTok alive in the U.S.
Oracle, Silver Lake & MGX will be main investors in TikTok U.S., sources say
TikTok’s U.S. business will have 45% of control in the hands of a group of investors that includes Oracle, Silver Lake and Abu Dhabi’s MGX.
Microsoft cuts off cloud services to Israeli military unit after report of storing Palestinians’ phone calls
The decision comes after Microsoft fired employees for participating in protests over the use of its cloud services by the Israeli military.
Amazon reaches $2.5 billion settlement with FTC over ‘deceptive’ Prime program
Opening arguments for the trial in Seattle took place on Tuesday and the proceedings were expected to last a month.
CoreWeave inks $6.5 billion deal with OpenAI
CoreWeave’s latest agreement with OpenAI brings the two companies’ total deal value to $22.4 billion.
Databricks commits to $100 million in OpenAI spending as high-valued startups team up in AI
Databricks plans to spend at least $100 million over multiple years on OpenAI models.
European Commission launches antitrust probe into software giant SAP
SAP said it did not expect the investigation to have a material impact on its bottom line.
British AI firm Nscale raises $1.1 billion in Nvidia-backed funding round
The investment highlights continued demand for high-powered computing infrastructure required to train and run powerful AI models.