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.

Posted in Tech | Tagged | Comments Off on Bay Area commuters get free rides Tuesday morning due to Clipper card outage

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.

Posted in Tech | Tagged | Comments Off on Public companies bought more bitcoin than ETFs did for the third quarter in a row

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.”

Posted in Tech | Tagged | Comments Off on AeroVironment stock drops 7% on offering plan to pay off debt

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.

Posted in Tech | Tagged | Comments Off on Web giant Cloudflare to block AI bots from scraping content by default

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.

Posted in Tech | Tagged | Comments Off on Elon Musk’s xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

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.

Posted in Tech | Tagged | Comments Off on China’s Huawei open-sources AI models as it seeks adoption across the global AI market

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.”

Posted in Tech | Tagged | Comments Off on As nations build ‘sovereign AI,’ open-source models and cloud computing can help, experts say

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.

Posted in Tech | Tagged | Comments Off on Amazon CEO Jassy says AI will lead to ‘fewer people doing some of the jobs’ that get automated

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.

Posted in Tech | Tagged | Comments Off on Stablecoin issuer Circle applies for a national 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.

Posted in Tech | Tagged | Comments Off on Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz