Tag: Breaking News: Technology

Why semiconductors could be the most efficient artificial intelligence play

Investing in semiconductors may be the most efficient way to play the artificial intelligence boom, according to VanEck's CEO."Semiconductors have become the heart...

Global police agencies take down massive scam website that defrauded thousands of victims

Illustration of a cybercriminal using a computer.Seksan Mongkhonkhamsao | Moment | Getty ImagesA huge fraud website used by thousands of criminals to trick...

AI startup Stability lays off 10% of staff after controversial CEO’s exit: Read the full memo

Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22,...

World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge

Norway's giant sovereign wealth fund on Thursday reported a first-quarter profit of 1.21 trillion kroner ($110 billion), supported by robust returns on its...

Give us your nominations: CNBC is listing the world’s top fintech companies

Online banking businessman using smartphone with Icon Fintech and Blockchain conceptSarinyapinngam | Istock | Getty ImagesFor a second year, CNBC and independent research...

Tim Cook visits Singapore amid Apple’s Southeast Asia expansion efforts

Tim Cook, chief executive officer of Apple Inc., center, arrives at Apple Developer Academy at Binus University in Tangerang, Banten, Indonesia, on Wednesday,...

Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk

The Cisco logo is on display at the Mobile World Congress in Barcelona, Spain, on February 26, 2024. Charlie Perez | Nurphoto | Getty...

Malaysia is unfazed by China, U.S. semiconductor competition, minister says

KUALA LUMPUR, MALAYSIA - 2018/01/24: A foreigner is seen with a Malaysia flag as a background. Kuala Lumpur or commonly known as...

Baidu releases new AI tools to promote application development

Baidu CEO Robin Li speaks during the company's Create conference in Shenzhen, China, on April 16, 2024.Bloomberg | Bloomberg | Getty ImagesSHENZHEN, China...

Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring

Vehicles sit parked outside the Tesla Inc. solar panel factory in Buffalo, New York, U.S., on Wednesday, Dec. 26, 2018.Andrew Harrer | Bloomberg...

Google workers arrested after nine-hour protest in cloud chief’s office

Nine Google workers were arrested on trespassing charges Tuesday night after staging a sit-in at the company's offices in New York and Sunnyvale,...

Google restructures finance team as part of AI shift, CFO tells employees in memo

Alphabet Chief Financial Officer Ruth Porat.Adam Galica | CNBCAlphabet Chief Financial Officer Ruth Porat said in a memo Wednesday that Google is restructuring...