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Tag Archives: CNBC
Software selloff sparked by AI sets stage for potential big year of M&A, investors say
While much of the tech sector has rallied due to the AI boom, software vendors have been laggards on concern that they’ll eventually be displaced.
Spotify’s new playlist generator lets you add your vibes, feelings or memories
Spotify rolled out ‘prompted playlist’ to premium subscribers in the U.S. and Canada, which uses AI prompts and listening habits to make playlists.
Workday CEO calls narrative that AI is killing software ‘overblown’
Software stocks have sold off in recent months on concerns that new AI tools will upend the sector and displace their business models.
OpenAI chair Bret Taylor says AI is ‘probably’ a bubble, expects correction in coming years
Taylor said the free market will ultimately determine where the value is and which AI players have the best products.
Waymo launches robotaxi service in Miami, extending U.S. lead
Miami represents the sixth market for Waymo, which is owned by Google parent Alphabet.
Trump’s Greenland ‘framework,’ Dimon’s credit card cap rebuke, YouTube’s AI slop plan and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Trump wants Nvidia to sell powerful AI chips to Beijing. Washington’s China hawks are pushing back
U.S. President Donald Trump’s plan to approve Nvidia to ship some of its more powerful AI chips to China is ruffling the feathers of Washington’s China hawks.
Ubisoft shares plummet 33% after Assassin’s Creed maker unveils reorganization, cancels six games
The games designer saw stock plunge on Thursday, following years of share price decline.
OpenAI seeking investments from Middle East sovereign wealth funds for multibillion-dollar round
OpenAI CEO Sam Altman is in the United Arab Emirates to participate in investment talks as he tries to raise more money for his cash-burning startup.
Nvidia CEO Jensen Huang says AI won’t be the job killer everyone fears. Here’s why
Jensen on Wednesday sat down with BlackRock CEO Larry Fink at the World Economic Forum in Davos, Switzerland.