Tag Archives: CNBC

Why uranium mining is having a resurgence in the United States

As demand for energy skyrockets amid an AI push, uranium miners are ramping up domestic production of the mineral used to fuel nuclear reactors.

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Nvidia CEO says this is the decade of robotics and autonomous vehicles

“This is going to be the decade of [autonomous vehicles], robotics, autonomous machines,” Nvidia CEO Jensen Huang told CNBC Thursday.

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Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion

Gecko Robotics, which uses robots and AI to inspect and monitor critical infrastructure, has raised a $125 million, bringing its valuation to $1.25 billion.

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Meta files lawsuit against developer of CrushAI ‘nudify’ app

The lawsuit is against Joy Timeline HK Limited, which used Meta ads to promote an app that uses AI to take a photo of someone and create nude imagery of them.

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Huawei ‘has got China covered’ if the U.S. doesn’t participate, Nvidia CEO tells CNBC

“If the United States doesn’t want to partake, participate in China, Huawei has got China covered,” the Nvidia CEO warned.

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Nvidia’s first GPU was made in France — Macron wants the country to produce cutting edge chips again

French President Emmanuel Macron said he wants France to be able to manufacture semiconductors in the range of 2 nanometers to 10 nanometers.

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China’s racing to build its AI ecosystem as U.S. tech curbs bite. Here’s how its supply chain stacks up

U.S. export controls on Nvidia have incentivized China to develop alternatives, while also making it more difficult for domestic firms to do so, experts say.

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Databricks says annualized revenue will reach $3.7 billion by next month

Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 billion by July, with 50% year-over-year growth.

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Elon Musk’s favorability among Republicans dropped 16 points since March, Quinnipiac says

The Tesla CEO’s favorability scores have declined among GOP voters, according to public opinion survey results from Quinnipiac University.

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Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut

Chime’s debut set for Thursday follows recent listings from eToro and Circle, with investors watching closely to gauge broader appetite for fintech offerings.

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