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Tag Archives: CNBC
Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips
The U.S. has blocked the export of Nvidia’s Blackwell chips to China in an effort to stay ahead in the AI race.
‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up
The company’s Starcloud-1 satellite is running Gemma, an open model from Google, marking the first time in history that an LLM has been trained in outer space.
Former GitLab CEO raises money for Kilo to compete in crowded AI coding market
Kilo Code, which makes a vibe coding extension, was founded by former GitLab CEO Sid Sijbrandij.
The Fed meeting, pressure on Oracle, Target’s fashion-forward renovation and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.
Australia has enacted the world’s first ban on social media usage for users under the age of 16, in a move expected to be monitored by global lawmakers.
CNBC Daily Open: A Fed rate cut might not be festive enough
The “dot plot,” Chair Jerome Powell’s press conference and estimates for U.S. economic growth and inflation are ways the Fed can rein in sentiment.
CEO of South Korean online retail giant Coupang resigns over data breach
Coupang said Wednesday that CEO Park Dae-jun resigned due to the data breach incident, which was revealed on Nov. 18
Amazon pledges a massive $35 billion worth of investments in India’s AI space through 2030
Amazon has committed to investing $$35 billion in India’s cloud and AI space by 2030, as hyperscalers race to get a foothold in the market.
Microsoft to invest $17.5 billion in India’s AI infra as Big Tech queues up for the Asian market
Microsoft has pledged $17.5 billion in investment in India’s cloud and AI infrastructure, as major tech players commit to the growing market.
CNBC Daily Open: A ‘hawkish cut’ by the Fed could dull festivities
The “dot plot,” Chair Jerome Powell’s press conference and estimates for U.S. economic growth and inflation are ways the Fed can rein in sentiment.