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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.
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.
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.
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.”
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.
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.
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.
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.
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.
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.