Month: March 2025
Three stocks that could reenergize the AI trade this week
The artificial intelligence trade could get a boost this week with three semiconductor companies set to report earnings after a rough period for the group, according to Bank of America. “We expect beat/raise results from AVGO, MRVL and CRDO to re-energize interest in [artificial intelligence] semis, since capex by U.S. cloud customers and sovereign AI […]
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Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Jaque Silva | Nurphoto | Getty Images Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC. The $3.5 billion round was led by Lightspeed Venture Partners, and other investors included Salesforce Ventures, Cisco Investments, Fidelity Management & Research Company, General Catalyst, D1 Capital Partners and […]
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China’s Oppo taps Google for privacy AI push, taking a page from Apple’s playbook
Oppo is the sixth-largest smartphone maker in China, according to Counterpoint Research. Nurphoto | Nurphoto | Getty Images BARCELONA — Chinese smartphone firm Oppo is taking a page out of Apple’s playbook with the launch of a private cloud computing system to keep users’ sensitive conversations separate from its own artificial intelligence products. The company […]
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‘What Europe needs is a DOGE,’ Deutsche Telekom CEO says in impassioned plea for deregulation
Deutsche Telekom CEO Tim Hottges speaks during Mobile World Congress, the world’s biggest mobile fair, in Barcelona on March 3, 2025. Lluis Gene | Afp | Getty Images BARCELONA — Europe needs its own version of Elon Musk’s so-called Department of Government Efficiency, Deutsche Telekom CEO Tim Höttges said Monday as he made an impassioned […]
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Meet the investor behind billionaire Melinda French Gates’ bets on women-led funds and startups
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Melinda French Gates has committed $2 billion to promote women’s rights and economic mobility. In 2015, she set up her family […]
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FCC chair says U.S. will defend interests of its tech giants as European rules stoke tension
WASHINGTON, DC – MARCH 31: Federal Communications Commissioner Brendan Carr speaks during a House Committee on Energy and Commerce Subcommittee on Communications and Technology Hearing titled Connecting America: Oversight of the FCC, on Capitol Hill on Thursday, March 31, 2022 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images) The Washington Post […]
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Microsoft unveils new voice-activated AI assistant for doctors
Microsoft is giving its health-care artificial intelligence tools a makeover. The company on Monday unveiled a new voice-activated AI assistant that combines capabilities from its dictation solution, Dragon Medical One, and ambient listening solution, DAX Copilot, into one tool. “Dragon Copilot” will be able to help doctors quickly pull information from medical sources and automatically […]
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Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Financial technology startup Ramp is letting some employees and early investors cash out in a new deal that values the company at $13 billion. The New York company announced the $150 million deal Monday. Khosla Ventures, Thrive Capital and General Catalyst were among the […]
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Amazon to bring palm-scanning tech to NYU Langone Health facilities
Amazon is bringing its palm-scanning payment system to a Whole Foods store in Seattle, the first of many planned future locations to roll out the technology. Amazon Patients at NYU Langone Health facilities will soon be able to check in for appointments using Amazon’s palm-scanning technology, the company announced Monday. The contactless service, called Amazon […]
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Stocks making the biggest moves premarket: Tesla, Southwest Airlines, Coinbase, Capri and more
Check out the companies making headlines in premarket trading. Tesla — The electric vehicle stock jumped nearly 3% after Morgan Stanley’s Adam Jonas named embattled Tesla a new top pick in U.S. autos, with expectations of a roughly 50% bounce in store. Southwest Airlines — Shares slid 2% after JPMorgan downgraded the airline carrier to […]
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