Tag Archives: CNBC

In its latest data-rights battle with the AI industry, Reddit has launched a suit against Perplexity alleging the AI company illegally scraped its users’ posts.

In Tesla’s quarter earnings call, Elon Musk and other executives talked a lot about the future but said little about the core business.

Tesla’s revenue rose 12% year on year, the first increase in three quarters. Despite that, net income plunged 37% from a year earlier.

On Tesla’s earnings call, Elon Musk said that if the company has too many of its AI5 chips, it can use them in the data center.

The state said the lawsuit follows a years-long investigation by its civil rights division into Amazon’s treatment of workers at warehouses across New Jersey.

IBM’s results topped estimates and the company lifted its guidance, citing artificial intelligence tailwinds.

The robotics system is called Blue Jay, and Amazon said it’s already being deployed in one of its South Carolina warehouses.

Applied Digital signs $5 billion AI factory lease with U.S. based hyperscaler

“The market is under-appreciating AMZN’s GenAI advances in its Retail business with robotics-driven efficiencies,” analyst Brian Nowak said.

As big tech companies like Meta acquire AI startups, many employees are not receiving the cash-out riches they dreamed about, but a layoff instead.