Tag Archives: CNBC

Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company

Uber, Lucid and autonomous vehicle startup Nuro are joining forces to deploy more than 20,000 robotaxis as demand for driverless cars kicks into high gear.

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Crypto theft is booming as criminals increasingly turn to physical attacks

It comes as there have been multiple headlines this year about crypto entrepreneurs and their relatives being targeted with physical violence.

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Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

DeFi Development is vying to be the MicroStrategy of Solana.

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Roblox launches new age verification system to unlock unfiltered chats

Users over 13 will be prompted to use the facial-analysis software to estimate their age and determine whether they can access the new “trusted connections.”

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TSMC’s second-quarter profit soars nearly 61%, beating estimates as AI chip demand stays strong

Taiwan Semiconductor Manufacturing Company reported a near 61% year-on-year rise in second-quarter profit on strong AI chips demand.  

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AI-generated music is going viral. Should the music industry be worried?

Experts say that as generative AI becomes more sophisticated, it’s becoming harder and harder for the average listener to distinguish between human and machine.

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Meta and Google are laying a web of globe-spanning subsea cables. We found out what’s involved

U.S. tech giants Meta and Google are rolling out a fast-growing web of transcontinental subsea cables.

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Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading

Coinbase is looking to reach a new subset of consumers who aren’t necessarily interested in buying or trading crypto, the company’s core business.

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OpenAI says it will use Google’s cloud for ChatGPT

Having faced supply shortages, OpenAI will now be drawing on computing resources from CoreWeave, Google, Microsoft and Oracle.

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Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials

New York state officials are pressing Tesla to repeal a company bylaw that limited investors’ rights to sue the EV maker over breaches of fiduciary duty.

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