Tag Archives: CNBC

Alibaba to launch AI-powered glasses creating a Chinese rival to Meta

Alibaba’s Quark AI Glasses will be powered by Alibaba’s Qwen large language model and its advanced AI assistant called Quark.

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Samsung Electronics signs $16.5 billion chip-supply contract; shares rise

Samsung Electronics shares opened 3.5% higher after the company disclosed a $16.5 billion contract to supply semiconductors to a major global corporation.

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Tesla investors are growing wary of Elon Musk’s futuristic promises

Tesla shares plummeted as CEO Elon Musk’s promises for robotaxis failed to excite investors following another disappointing earnings report.

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Tesla plans ‘friends and family’ car service in California, regulator says

Tesla is trying to expand its robotaxi service, which so far is only being tested in Austin, Texas, to additional markets.

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Mark Zuckerberg names ex-OpenAI employee chief scientist of new Meta AI lab

Shengjia Zhao will work directly with Zuckerberg and Alexandr Wang, the former CEO of Scale AI and now Meta’s chief AI officer.

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Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

The provider of software for defense agencies jumped about 3% on Friday to a record, ranking the company among the top 20 U.S. firms by market value.

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Inside Tesla’s new retro-futuristic Supercharger diner

Tesla has opened its first diner Supercharger station in Los Angeles, bringing a long-teased vision from Elon Musk to life.

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Intel drops 9% as chipmaker’s foundry business axes projects, struggles to find customers

Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its struggling business.

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Astronomer HR chief Kristin Cabot resigns following Coldplay ‘kiss cam’ incident

Astronomer’s CEO and HR chief have now both resigned after they were caught on camera together in an intimate moment at a recent Coldplay concert.

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Musk’s Starlink hit with outage day after rollout of T-Mobile satellite service

The Starlink-powered satellite service from T-Mobile called T-Satellite rolled out to the public on Wednesday.

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