Tag Archives: CNBC

Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines

Eddy Cue, Apple’s services chief, said he believes AI services will eventually replace standard search engines such as Google, according to a report Wednesday.

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Figma introduces ‘vibe-coding’ AI software design feature

Figma’s entry into the world of “vibe-coding” has no free tier, but it promises to adhere to customers’ design preferences.

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NBA star Russell Westbrook launches AI-enabled funeral planning startup

NBA superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with the help of artificial intelligence.

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Uber misses revenue expectations with trips up 18% over last year

CEO Dara Khosrowshahi said that autonomous vehicle tech is “the single greatest opportunity ahead for Uber.”

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Trump tariffs and export curbs on China cast a cloud over major chip stocks

Chip companies from AMD to Super Micro said U.S. tariff policy and export restrictions to China have caused uncertainty for their businesses.

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Amazon says new warehouse robot can ‘feel’ items, but won’t replace workers

Amazon gave CNBC a first look at its new warehouse robot, Vulcan, that can “feel” objects, enabling it to do a job only humans could previously handle.

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Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand

Seagate has been touting itself as more of an AI player in recent years amid the rise of foundational models like those being developed by OpenAI.

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Uber CEO says changing employee benefits ‘is a risk we decided to take’

Dara Khosrowshahi told his employees “it is what it is” at an internal meeting after announcing Uber would increase in-office requirements and change benefits.

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SpaceX gets FAA permission for fivefold increase in Starship launches from Texas

The Federal Aviation Administration has granted SpaceX permission to increase launches of its Starship rockets and Super Heavy boosters to 25 per year.

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Trump’s CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections

The CFPB said Tuesday it will stop enforcing a Biden-era rule treating buy now, pay later firms like credit card lenders.

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