Tag Archives: CNBC

Bitcoin bucks stock market downtrend but lags gold rally

Bitcoin edged higher on Tuesday as stocks fell and gold shot to a new record.

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Musk looks past Tesla sales slump, says 80% of value will come from Optimus

Tesla CEO Elon Musk said on X that about 80% of his automaker’s value will come from Optimus humanoid robots, which have yet to hit the market.

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SAP to invest over 20 billion euros in ‘sovereign cloud’ in boost to Europe’s AI ambitions

German software giant SAP on Tuesday announced it will invest over 20 billion euros into its sovereign cloud capabilities in Europe over the next 10 years.

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Microsoft offers U.S. government over $6 billion in savings on cloud services over 3 years

Microsoft is the latest company to discount the cost of its software to the General Services Administration.

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Klarna aims to raise up to $1.27 billion in U.S. IPO

Swedish fintech firm Klarna is aiming to raise up to $1.27 billion in its long-awaited U.S. initial public offering, according to its official filing on Tuesday.

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Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip

Alibaba’s Hong Kong-listed shares jumped 19% on strong results at its cloud computing division driven by its AI investments.

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Global movement to protect kids online fuels a wave of AI safety tech

Companies developing artificial intelligence systems to prevent kids from being exposed to inappropriate content are flourishing.

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‘AI may eat software,’ but several tech names just wrapped a huge week

MongoDB, Pure Storage and Snowflake all touted artificial intelligence in earnings reports this week.

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Meta changes teen AI chatbot responses as Senate begins probe into ‘romantic’ conversations

Sen. Josh Hawley, R-Mo., said he was launching an investigation into Meta following a damning Reuters report about the company’s AI policies.

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Tesla asks for $243 million verdict to be tossed in fatal Autopilot crash suit

The Tesla collision in Key Largo, Florida, killed 22-year-old Naibel Benavides and severely injured her boyfriend, Dillon Angulo.

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