Tag Archives: CNBC

Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor

In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.

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ServiceNow falls 6% despite better-than-expected fourth-quarter results

ServiceNow announced an expanded partnership with Anthropic about a week after it inked a similar deal with competitor OpenAI.

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IBM jumps 8% on earnings beat

IBM CEO Arvind Krishna said the company’s generative artificial intelligence book of business hit more than $12.5 billion.

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Meta’s Reality Labs posts $6.02 billion loss in fourth quarter

Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.

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The key things Wall Street is looking for in the Mag 7 reports after the bell

Wednesday evening will bring highly awaited results from Meta, Microsoft and Tesla.

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Google brings more Gemini AI features to Chrome browser

Google is bringing more Gemini AI features to its Chrome browser, the latest in the company’s efforts to put its new-age tech front and center for users.

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Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump

Apple CEO Tim Cook called for “deescalation” in Minneapolis, where two people have been killed by federal agents this month.

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AI industry looks to repeat crypto lobbying success and put war chest to work in midterm elections

AI super PACs will be a major force in midterm elections as national and state debates over artificial intelligence regulation, and lobbying dollars, rise.

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Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella

Since its founding in 2023, Outtake has added OpenAI, Applovin and Bill Ackman’s Pershing Square to its growing list of customers.

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Snap establishes Specs subsidiary for its AR glasses

Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc.

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