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Tag: Breaking News: Technology

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Apple is reportedly developing chips to run artificial intelligence software in data centers

An Apple store in Shanghai, China.Future Publishing | Future Publishing | Getty ImagesApple has been developing chips to run artificial intelligence software in...

Amazon’s AWS to invest nearly $9 billion in Singapore to grow cloud infrastructure

BARCELONA, SPAIN - JANUARY 31: A logo sits illuminated outside the Amazon Web Services (AWS) booth at ISE 2023 and IOT Solution World...

Palantir beats on revenue but gives lower-than-expected guidance

Alex Karp, CEO of Palantir, arrives for the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13,...

From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry

Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance.Mike Segar | Reuters |...

AI could drive a natural gas boom as power companies face surging electricity demand

A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022. Kena Betancur | View Press | Corbis News...

Warren Buffett says AI scamming will be the next big ‘growth industry’

Warren Buffett isn't jumping on the artificial intelligence bandwagon just yet, warning about the technology's potential for harm."When you think about the potential...

Apple remains Buffett’s biggest public stock holding, but his thesis about its moat faces questions

Tim Cook and Warren BuffettGetty Images (L) | CNBC (R)Berkshire Hathaway's Warren Buffett was still using a flip phone as late as 2020,...

Here’s what’s driving Friday’s stock action in Apple, Coterra and Eli Lilly

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's...

Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback

Apple's Chief Executive Officer Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardo | AFP  | Getty ImagesApple...

AI engineers report burnout, rushed rollouts as ‘rat race’ to stay competitive hits tech industry

A picture shows logos of the big technology companies named GAFAM, for Google, Apple, Facebook, Amazon and Microsoft, in Mulhouse, France, on June...

China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home

Chinese new energy vehicle giant shows off the latest version of its Han electric sedan at the Beijing auto show on April 26,...

Don’t rate Tesla’s Full Self Driving too highly, tech investor says: ‘By no means autonomous driving’

People are shopping at a Tesla store in Shanghai, China, on Feb. 17, 2024.Costfoto | Nurphoto | Getty ImagesNews of electric car giant...

Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing

A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for half its revenue.But...

Democratic senator aims at Amazon’s labor practices with first federal bill regulating quotas

Democratic Sen. Ed Markey, D-Mass., on Thursday introduced new legislation to regulate the use of productivity quotas by warehouse employers like Amazon, a...

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