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Tag Archives: CNBC
Bay Area commuters get free rides Tuesday morning due to Clipper card outage
The Clipper card, used for travel on all forms of public transportation in the San Francisco Bay Area, was down on Tuesday morning.
Public companies bought more bitcoin than ETFs did for the third quarter in a row
More companies are trying to benefit from MicroStrategy’s bitcoin acquisition playbook in a more crypto-friendly regulatory environment.
AeroVironment stock drops 7% on offering plan to pay off debt
Last week, shares of the company rallied on strong fourth-quarter results, lifting higher as CNBC’s Jim Cramer called it the “next Palantir of hardware.”
Web giant Cloudflare to block AI bots from scraping content by default
Starting Tuesday, every new web domain that signs up to Cloudflare will be given the option to allow — or block — AI crawlers.
Elon Musk’s xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
The funding will go towards xAI’s efforts to build out its AI infrastructure and develop its Grok chatbot.
China’s Huawei open-sources AI models as it seeks adoption across the global AI market
Huawei has open-sourced more of its AI models. Tech experts say it’ll help the U.S.-blacklisted company continue to expand throughout the AI ecosystem.
As nations build ‘sovereign AI,’ open-source models and cloud computing can help, experts say
Panelists at CNBC’s East Tech West 2025 in Thailand discussed how emerging nations can begin to build their own “sovereign AI.”
Amazon CEO Jassy says AI will lead to ‘fewer people doing some of the jobs’ that get automated
Amazon CEO Andy Jassy said that while the company continues to hire for AI, some jobs will require fewer employees because of automation.
Stablecoin issuer Circle applies for a national bank charter
Circle Internet Group, which debuted on the New York Stock Exchange earlier this month, has applied for a bank charter.
Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz
Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group.