Tag Archives: CNBC

Speaker Johnson says China is straining U.S. relations with Nvidia chip ban

The Cyberspace Administration of China ordered companies to halt purchases of Nvidia’s RTX Pro 6000D, a chip that was made for the country.

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Sen. Warren presses Trump AI and crypto czar Sacks on whether he’s overstayed his job

Sen. Elizabeth Warren and other lawmakers are probing whether David Sacks, Trump’s AI and crypto czar, overstayed his temporary government role.

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Alibaba’s shares jump after it lands a major customer for its AI chips

China Unicom will deploy Alibaba’s AI chips via the e-commerce giant’s cloud computing unit, according to state media CCTV.

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OpenAI releases first-of-kind study revealing how people are using ChatGPT for everyday tasks

A first-of-its-kind study has revealed how people are using OpenAI’s popular artificial intelligence chatbot ChatGPT.

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China’s Baidu sees shares soar 12% as company secures major AI partnership, eyes fresh capital

Chinese tech giant Baidu saw its shares jump over 12% amid signs the company is ramping up its artificial intelligence plans and partnerships.

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Amazon CEO Jassy says company is reducing bureaucracy, which is ‘anathema’ to innovation

Amazon CEO Andy Jassy said he’s working to root out bureaucracy from within the company’s ranks as part of an effort to reset its culture.

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StubHub to price IPO at $23.50, valuing company at $8.6 billion

StubHub is poised to hit the public market after twice delaying its IPO, most recently due to market volatility following President Trump’s sweeping tariffs.

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Oracle and Silver Lake part of TikTok investor group as Trump extends deal deadline

President Donald Trump extended a deadline on Tuesday that would require China’s ByteDance to divest TikTok’s U.S. business or face an effective ban in America.

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Microsoft announces $30 billion investment in AI infrastructure, operations in UK

Microsoft is ramping up its AI investments in the U.K. as President Donald Trump embarks on his state visit this week.

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Waymo obtains permit to test robotaxis at San Francisco International Airport

Alphabet’s Waymo has obtained a permit to test its robotaxis at San Francisco International Airport.

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