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Tag Archives: CNBC
IBM rallies nearly 13%, heads for best day since 2000 on strong earnings
CEO Arvind Krishna said that the company posted $5 billion in bookings for its generative AI segment.
Microsoft stock slumps 5% on disappointing revenue outlook
Microsoft shares dropped 5% despite topping fiscal second-quarter estimates due to weak guidance.
OpenAI partners with U.S. National Laboratories on scientific research, nuclear weapons security
OpenAI on Thursday said it’s signed a partnership allowing the U.S. National Laboratories to use its latest line of AI models.
Extreme demand took down LA’s water system during the Palisades Fire. Here’s how other U.S. cities can prepare
Some 20% of hydrants failed during the fight to save the Pacific Palisades from LA’s massive fire on Jan. 7. Here’s how other U.S. cities can better prepare.
DeepSeek’s AI claims have shaken the world — but not everyone’s convinced
DeepSeek claims its R1 outperforms OpenAI’s latest o1 model despite costing a fraction of the price the U.S. AI lab charges for its large language models.
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
Zuckerberg says Meta won’t slow down AI spend despite DeepSeek’s breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.
Tesla’s CFO says tariffs would ‘have an impact’ on company’s profitability
Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential administration implements tariffs.
Mark Zuckerberg starts Meta earnings call by praising Trump administration
Meta CEO Mark Zuckerberg praised the Trump administration during a call with investors on Wednesday.
Meta’s Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.