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Tag Archives: CNBC
AMD bets on AI-powered PCs as artificial intelligence race with Nvidia, Intel heats up
U.S. chip giant Advanced Micro Devices is betting on AI PCs as competition with rivals Nvidia and Intel intensifies
Mark Zuckerberg says Meta will ‘keep things lean,’ going big in AI with a lid on hiring
Meta CEO Mark Zuckerberg has no plans for his company to ramp up hiring, but says he’s spending heavily on computing infrastructure and the metaverse.
Tesla to settle lawsuit over mishandling hazardous waste in California
Tesla will pay a fee of $1.5 million to settle a civil lawsuit alleging the company mishandled hazardous waste and its disposal in the state of California for years.
Tim Cook teases Apple AI announcement ‘later this year’
Generative AI started drawing significant attention from technology companies and investors starting in 2022.
Amazon cloud unit speeds up revenue growth as clients adopt AI services
Amazon pointed to artificial intelligence traction during the fourth quarter
Meta’s Reality Labs loses record $4.65 billion ahead of Apple’s Vision Pro launch
Meta’s Reality Labs has now lost more than $40 billion dating back to late 2020.
Meta is paying first-ever dividend, authorizes $50 billion buyback
Meta will pay a 50 cent dividend, its first ever, and has authorized a $50 billion share buyback.
Amazon announces AI shopping assistant called Rufus
Amazon is rolling out an assistant that uses generative artificial intelligence to help users search and shop for products.
Zoom is cutting about 150 jobs, or close to 2% of its workforce
Zoom on Thursday confirmed that it’s cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
Amazon set to report fourth-quarter earnings after the bell
Amazon’s fourth-quarter earnings include the results of its October Prime Day event and the holiday shopping season.