Month: March 2025
Alibaba launches new open-source AI model for ‘cost-effective AI agents’
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba Cloud launched Thursday its latest AI model in its “Qwen series,” as large language model competition in China continues to heat up following the “DeepSeek moment.” The new “Qwen2.5-Omni-7B” is a multimodal model, which […]
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Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are […]
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Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs ‘because he may have a conflict’
U.S. President Donald Trump speaks to the media in the Oval Office at the White House in Washington, D.C., U.S., March 26, 2025. Evelyn Hockstein | Reuters After President Donald Trump said on Wednesday he would impose 25% tariffs on “all cars that are not made in the United States,” he said his key advisor, […]
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Former Intel CEO Pat Gelsinger jumps to venture capital, joins Playground Global
From left, Playground Global partners Peter Barrett, Pat Gelsinger, Jory Bell, Bruce Leak and Ben Kim. Playground Global After a tumultuous four years running Intel, Pat Gelsinger is going into venture capital. Gelsinger, who was ousted by the chipmaker in December, has joined Playground Global as a general partner. Started in 2015 by a group […]
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Trump says he may reduce China tariffs to help close a TikTok deal
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump said he may reduce tariffs on China to facilitate a deal that would result in ByteDance selling the U.S. operations of TikTok. China “is going to have to play a role” in approving a TikTok-related divestiture, Trump said in a press conference Wednesday. “Maybe […]
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Utah governor signs online child safety law requiring Apple, Google to verify user ages
Utah Gov. Spencer Cox on Wednesday signed a bill that requires Apple and Google’s mobile app stores to verify user ages and require parental permission for those under 18 to use certain apps, the governor’s spokesperson told CNBC. The law is the first of its kind in the nation and represents a significant shift in […]
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23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight
A view of 23andMe headquarters in Sunnyvale, California, United States on March 25, 2025. Tayfun Coskun | Anadolu | Getty Images 23andMe co-founder Linda Avey took to social media on Wednesday to express frustration about the fate of the once-thriving genetics testing company that spiraled into Chapter 11 bankruptcy protection this week. Avey helped launch […]
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The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO
With 250,000 highly-desired Nvidia graphics processors, CoreWeave has become one of the most prominent “GPU clouds,” a status it hopes investors will value when it debuts on the public markets. But the world of artificial intelligence hardware is moving so quickly that it raises questions about how long those chips will remain on the cutting […]
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The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO
With 250,000 highly-desired Nvidia graphics processors, CoreWeave has become one of the most prominent “GPU clouds,” a status it hopes investors will value when it debuts on the public markets. But the world of artificial intelligence hardware is moving so quickly that it raises questions about how long those chips will remain on the cutting […]
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The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO
With 250,000 highly-desired Nvidia graphics processors, CoreWeave has become one of the most prominent “GPU clouds,” a status it hopes investors will value when it debuts on the public markets. But the world of artificial intelligence hardware is moving so quickly that it raises questions about how long those chips will remain on the cutting […]
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