Tag Archives: CNBC

Standard Chartered CEO believes nearly all global transactions will move to the blockchain ‘eventually’

Standard Chartered CEO Bill Winters foresees a future in which nearly all global transactions are conducted on a digital blockchain ledger.

Posted in Tech | Tagged | Comments Off on Standard Chartered CEO believes nearly all global transactions will move to the blockchain ‘eventually’

CNBC Daily Open: U.S. stocks’ gains in October owe much to AI

The AI trade looks, for now, less like the immediate sugar rush of a candy bar (and its subsequent crash), and more like a sustained energy boost.

Posted in Tech | Tagged | Comments Off on CNBC Daily Open: U.S. stocks’ gains in October owe much to AI

China’s Baidu says it’s running 250,000 robotaxis a week — same as Alphabet’s Waymo did this spring

In the race to prove to regulators and investors that robotaxis have a viable track record, Baidu’s Apollo Go is claiming orders on par with Waymo.

Posted in Tech | Tagged | Comments Off on China’s Baidu says it’s running 250,000 robotaxis a week — same as Alphabet’s Waymo did this spring

CNBC Daily Open: AI trade frenzy seems driven by a ‘virtuous’ cycle

The AI trade looks, for now, less like the immediate sugar rush of a candy bar (and its subsequent crash), and more like a sustained energy boost.

Posted in Tech | Tagged | Comments Off on CNBC Daily Open: AI trade frenzy seems driven by a ‘virtuous’ cycle

Why the ‘Mag 7 is too much of the market, get out’ is money-losing, false narrative

Investing is not just a game of giant Jenga.

Posted in Tech | Tagged | Comments Off on Why the ‘Mag 7 is too much of the market, get out’ is money-losing, false narrative

Microsoft AI chief says only biological beings can be conscious

Mustafa Suleyman has become one of the most influential voices in tech to come out against building seemingly conscious AI.

Posted in Tech | Tagged | Comments Off on Microsoft AI chief says only biological beings can be conscious

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

The company wants to ensure that all of its employees can access its Microsoft 365 and GitHub Copilot artificial intelligence tools, CEO Satya Nadella said.

Posted in Tech | Tagged | Comments Off on Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

In August, Evolve hired Hartheimer, who brought experience in financial regulatory matters, to help the bank recover from the collapse of startup Synapse.

Posted in Tech | Tagged | Comments Off on Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout

The Nexperia crisis is still threatening vehicle production worldwide.

Posted in Tech | Tagged | Comments Off on Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth

Meta, Amazon, Alphabet and Microsoft reported quarterly earnings that showed rising digital ad sales and increased AI infrastructure spending.

Posted in Tech | Tagged | Comments Off on While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth