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Tag Archives: CNBC
Companies are blaming AI for job cuts. Critics say it’s a ‘good excuse’
Workers are spooked as firms declare AI driven layoffs, but some critics tell CNBC that the current reductions may be a “market clearance’ due to overhiring.
Close to half of Kalshi user base experience glitches, delays during Saturday college football games
Kalshi, which allows users to bet on real-world events, experienced sporadic delays on Saturday, with some bettors unable to process orders.
AI headshots are changing the way job seekers are seen and get hired in tough labor market
In a competitive job market, a good headshot can make a big difference. That’s leading to a wave of AI headshots on LinkedIn and other hiring platforms.
Proxy advisor ISS recommends Tesla shareholders oppose Elon Musk $1 trillion pay plan
Institutional Shareholder Services recommended Tesla investors vote against a pay plan for CEO Elon Musk that would grant him nearly $1 trillion more in stock.
$500 purple cables put this little-known company in the middle of the AI boom
Credo’s stock has more than doubled this year after soaring 245% in 2024 as the AI boom makes its way downstream.
Salesforce CEO apologizes for saying Trump should send National Guard to San Francisco
In a post on X, Salesforce CEO Marc Benioff said he regrets comments he made in support of President Trump sending federal troops to San Francisco.
Oracle stock drops 7% as some skeptics question lofty AI targets
Oracle has become one of the biggest beneficiaries of the AI infrastructure boom, with its shares up 75% so far in 2025.
AI tools are entering the doctor’s office and clinicians need to be prepared
More health-care AI is focused on administrative and clinical uses, solving issues that doctors, nurses and administrative staff are having.
Kremlin pitches Musk on ‘Putin-Trump’ tunnel from Russia to Alaska
The suggestion came amid talks between Russian President Vladimir Putin and President Donald Trump about possible resolutions to Russia’s war in Ukraine.
Utilities grapple with a multibillion question: How much AI data center power demand is real
The tech industry is shopping the same big projects around to multiple utilities as they look for the quickest access to power.