Tag Archives: CNBC

The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO

CoreWeave sells access to Nvidia graphics processors as a service, allowing developers to rent chips by the hour so they can develop more advanced AI models.

Posted in Tech | Tagged | Comments Off on The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Dr. Vin Gupta, a high-profile public health expert and clinician, has left Amazon after five years at the company.

Posted in Tech | Tagged | Comments Off on Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Tesla shares drop on plunging European sales, concerns about Trump’s tariffs

Tesla shares slid on Wednesday, continuing their downward trajectory for the year, after a rally over the past few days.

Posted in Tech | Tagged | Comments Off on Tesla shares drop on plunging European sales, concerns about Trump’s tariffs

OpenAI expects revenue will triple to $12.7 billion this year, source says

OpenAI foresees revenue tripling this year to $12.7 billion, CNBC has confirmed.

Posted in Tech | Tagged | Comments Off on OpenAI expects revenue will triple to $12.7 billion this year, source says

U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

The export restrictions come at a time when tensions between Washington and Beijing have been rising with the Trump administration ratcheting up tariffs against China.

Posted in Tech | Tagged | Comments Off on U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

With CEO Andy Jassy pushing employees to build AI apps across the company, Amazon is testing new shopping and health assistants.

Posted in Tech | Tagged | Comments Off on Amazon is testing shopping, health assistants as it pushes deeper into generative AI

With 23andMe entering bankruptcy, here’s how to delete your genetic data

Now that 23andMe has filed for bankruptcy, another company could take control of its genetic database.

Posted in Tech | Tagged | Comments Off on With 23andMe entering bankruptcy, here’s how to delete your genetic data

SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says

Ripple has agreed to withdraw its cross-appeal, Chief Legal Officer Stuart Alderoty said on X Tuesday.

Posted in Tech | Tagged | Comments Off on SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says

Google quantum exec says tech is ‘5 years out from a real breakout’

Julian Kelly, Google Quantum AI’s director of hardware, told CNBC quantum computers may only be about five years from a breakthrough.

Posted in Tech | Tagged | Comments Off on Google quantum exec says tech is ‘5 years out from a real breakout’

Trump’s World Liberty Financial jumps into stablecoin game with USD1 reveal

The USD1 stablecoin is the latest of Trump’s crypto ventures an addition to the fastest growing sector of the crypto economy.

Posted in Tech | Tagged | Comments Off on Trump’s World Liberty Financial jumps into stablecoin game with USD1 reveal