Tag Archives: CNBC

Musk says he does not support a merger between Tesla and xAI but backs investment

Elon Musk owns X, xAI and Tesla and is contemplating the future business relationship between them all.

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Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less

Alibaba-backed startup Moonshot released its Kimi K2 model as a low-cost, open source large language model, the two factors underlying DeepSeek’s disruption.

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Nvidia CEO downplays U.S. fears that China’s military will use his firm’s chips

“They don’t need Nvidia’s chips … to build their military,” Jensen Huang said in a CNN interview aired Sunday, days ahead of another trip to China.

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Google hires Windsurf CEO Varun Mohan, others in latest AI talent deal

Google wants its AI models to become bigger in coding. It has now hired the CEO of one of the top startups in that area.

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Robinhood is up 160% this year, but several obstacles are ahead

Robinhood faces fresh pressure from a Florida investigation and regulatory scrutiny of the company’s OpenAI and SpaceX tokenized stock products.

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Rocket maker Firefly Aerospace files to go public under ticker FLY

Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol “FLY” on the Nasdaq.

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Bill Gates says Trump’s cuts to USAID are devastating: ‘It’s not too late to reverse them’

Gates is reacting to Trump’s cutbacks affecting a longtime partner of the nonprofit Gates Foundation.

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Tron’s Justin Sun says he’s buying another $100 million of Trump’s memecoin

Crypto billionaire Justin Sun is buying another $100 million worth of $TRUMP, doubling his total known stake of digital coins tied to President Donald Trump.

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TikTok loses bid to dismiss lawsuit alleging its ‘addictive design’ exploits kids

President Donald Trump granted ByteDance, TikTok’s parent company, a third extension on time to sell off its U.S. TikTok operations.

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Nvidia’s Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

Nvidia CEO Jensen Huang has caught up to Berkshire Hathaway’s Warren Buffett in net worth, according to analysis from Fortune and Bloomberg.

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