Tag Archives: CNBC

Amazon launches prescription vending machines at One Medical clinics in Los Angeles

The kiosks are operated by Amazon Pharmacy and stock a range of commonly prescribed medications, such as antibiotics, inhalers and blood pressure treatments.

Posted in Tech | Tagged | Comments Off on Amazon launches prescription vending machines at One Medical clinics in Los Angeles

Anthropic to open first India office as rival OpenAI boosts presence in the country

AI adoption among both consumers and businesses is expected to ramp up quickly in India. Amazon-backed Anthropic wants to be involved.

Posted in Tech | Tagged | Comments Off on Anthropic to open first India office as rival OpenAI boosts presence in the country

SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

SoftBank Group on Monday said it had agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion.

Posted in Tech | Tagged | Comments Off on SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet

Dell Technologies CEO Michael Dell said that demand for AI computing power is “tremendous.”

Posted in Tech | Tagged | Comments Off on Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet

OpenAI’s Sora 2 must stop allowing copyright infringement, Motion Picture Association says

The Motion Picture Association called out OpenAI’s new video generation model Sora 2 for content infringement.

Posted in Tech | Tagged | Comments Off on OpenAI’s Sora 2 must stop allowing copyright infringement, Motion Picture Association says

Billionaire tech investor Orlando Bravo says ‘valuations in AI are at a bubble’

One key difference between the dotcom bubble and today, Bravo said, is that big companies with healthy balance sheets are financing tech startups.

Posted in Tech | Tagged | Comments Off on Billionaire tech investor Orlando Bravo says ‘valuations in AI are at a bubble’

Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips

Oracle had 14% gross margins on $900 million in sales in its Nvidia cloud business in the three months ending in August, according to the report.

Posted in Tech | Tagged | Comments Off on Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips

Tesla releases driver assist tech update ahead of expected major announcement

The unveiling could be a long-awaited lower-cost model, the next-generation Roadster, or something else.

Posted in Tech | Tagged | Comments Off on Tesla releases driver assist tech update ahead of expected major announcement

Qualcomm acquires Italian hardware company Arduino to push deeper into robotics

Arduino’s inexpensive programmable boards are ubiquitous inside hardware startups and robotics labs for prototyping.

Posted in Tech | Tagged | Comments Off on Qualcomm acquires Italian hardware company Arduino to push deeper into robotics

Dell stock pops as company ups long-term revenue growth expectations

Dell stock popped after the company raised its long-term revenue and profit growth forecasts.

Posted in Tech | Tagged | Comments Off on Dell stock pops as company ups long-term revenue growth expectations