Tag Archives: CNBC

With regulators making it hard for large tech companies to do significant deals, M&A transaction volume in the industry continues to drop.

Amazon is delivering more Prime items the same or next day with generative AI improvements in robots, routes and predictive inventory.

THG said it is “actively undertaking detailed work to review potential structures to facilitate the demerger of THG Ingenuity.”

Nandan Nilekani, co-founder of Infosys, said there are going to many different large language models around the world.

Some of China’s giants inclduing Huawei, Alibaba and Baidu are among those trying to create alternative semiconductor tech to Nvidia.

OpenAI said its Safety and Security Committee will become an independent board oversight committee.

The Biden-Harris Administration awarded Intel up to an additional $3 billion under the CHIPS Act, announced in a press release on Monday.

Intel said it’s turning its foundry business into an independent unit with its own board and the potential to raise outside capital.

Crypto individuals and corporations have given more than $190 million to a mix of candidates and PACs this election cycle.

Oracle chairman Larry Ellison is now the second-richest person in the world, with a net worth of $209 billion.