Tag Archives: CNBC

Oracle shares climb 8% as earnings, revenue top estimates

Oracle reported better-than-expected results for the latest quarter on Wednesday.

Posted in Tech | Tagged | Comments Off on Oracle shares climb 8% as earnings, revenue top estimates

Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs

While President’s Trump’s 90-day tariff pause has helped boost the stock market after a brutal April, small businesses are still suffering from the uncertainty.

Posted in Tech | Tagged | Comments Off on Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs

Chime’s IPO will test public market appetite for fintech as companies line up to exit

After a multi-year IPO freeze, fintech companies like Chime are entering the public market with slashed valuations and tempered expectations.

Posted in Tech | Tagged | Comments Off on Chime’s IPO will test public market appetite for fintech as companies line up to exit

Google adds chief AI architect to accelerate development of AI products

The role is a new one for the artificial intelligence unit.

Posted in Tech | Tagged | Comments Off on Google adds chief AI architect to accelerate development of AI products

Americans pay trillions in rent, but few get credit score boost for it

Trillions of dollars in rent paid by Americans to landlords has no payoff in the form of credit scores and credit history, and Esusu is working to change that.

Posted in Tech | Tagged | Comments Off on Americans pay trillions in rent, but few get credit score boost for it

Disney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and more

Disney and Universal have sued artificial intelligence image creator Midjourney, alleging copyright infringement, according to court filings.

Posted in Tech | Tagged | Comments Off on Disney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and more

Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool

Tesla shares rallied for a fourth straight session as the spat between CEO Elon Musk and President Donald Trump showed signs of a cooldown.

Posted in Tech | Tagged | Comments Off on Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool

Meta launches AI ‘world model’ to advance robotics, self-driving cars

Meta on Wednesday announced it’s rolling out a new AI “world model” that can better understand the 3D environment and movements of physical objects.

Posted in Tech | Tagged | Comments Off on Meta launches AI ‘world model’ to advance robotics, self-driving cars

German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days

DeepL, which is valued at $2 billion, is a German startup that has created its own AI models for language translation.

Posted in Tech | Tagged | Comments Off on German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days

Nvidia makes big play for Europe with infrastructure deals

Nvidia announced a slew of partnerships with European firms on Wednesday spanning infrastructure to software.

Posted in Tech | Tagged | Comments Off on Nvidia makes big play for Europe with infrastructure deals