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Tag Archives: CNBC
Andreessen Horowitz raises $7.2 billion, a sign that tech startup market may be bouncing back
a16z raised $7 billion for growth and artificial intelligence investments, among other things, but has not announced any fundraising for its crypto arm.
AMD rolls out its latest chips for AI PCs as competition with Nvidia and Intel heats up
AMD’s new processors will compete against Nvidia’s and Intel’s chips that are specifically designed for AI PCs.
Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem
Tesla’s announcement Monday that it is cutting jobs sent the shares down nearly 6%, continuing the year’s sell-off.
UnitedHealth beats on revenue despite impact from cyberattack
UnitedHealth Group announced first-quarter results that beat analysts expectations for revenue
Microsoft invests $1.5 billion in AI firm G42 which faces U.S. scrutiny for China ties
Microsoft will invest $1.5 billion into G42, an artificial intelligence firm based in the United Arab Emirates.
Baidu says its ChatGPT-like Ernie bot exceeds 200 million users
Baidu CEO Robin Li was speaking at the company’s annual “Create” conference for artificial intelligence developers. Li is also co-founder and chairman of Baidu.
Microsoft, Meta, Apple and Alphabet transparency tools are a ‘disappointment’ ahead of election, new study shows
A new study concludes that ad transparency tools from major platforms like Google, Meta and X are insufficient for users and researchers.
Tesla shares dip in premarket trade after reports the firm will lay off more than 10% of global workforce
Tesla shares were down over 1% in premarket trade Monday on media reports that the automaker will lay off more than 10% of its global workforce.
Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit
British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.
OpenAI opens its first Asia office in Japan as a ‘first step’ in its commitment to the region
ChatGPT developer OpenAI opened its first Asian office in Tokyo, Japan as the company aims to expand its global presence.