Tag Archives: CNBC

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

AWS is trying to address the need for more data center cooling by developing its own hardware.

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Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto’s price into the stock market close.

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Perplexity launches AI-powered web browser for select group of subscribers

Perplexity AI launched a new artificial intelligence-powered web browser called Comet

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Retailers log $7.9 billion in online sales in first 24 hours of Prime Day

Amazon is hosting its longest-running Prime Day sales event this year, while other retailers have responded with competing sales.

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Photos show Altman, Iger and Cook arrive at ‘summer camp for billionaires’ in Sun Valley

Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were pictured entering the lodge.

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Linda Yaccarino steps down as CEO of Elon Musk’s X

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Elon Musk’s Grok AI chatbot denies that it praised Hitler and made antisemitic comments

The backlash against the AI chatbot built by Tesla CEO Musk has escalated since the posts were made Tuesday, with the ADL condemning the “extremist” comments.

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Samsung launches three new foldable smartphones as it fends off Chinese rivals

Samsung on Wednesday launched three new folding smartphones in total, including two thinner top-end devices and a cheaper version of its flip phone.

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Nvidia hits $4 trillion market cap, first company to do so

Nvidia topped a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative AI boom.

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BNY Mellon will have custody of Ripple’s new stablecoin as institutional interest in crypto swells

BNY Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies jointly announced Wednesday.

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