Technology
OpenAI announces a search engine called SearchGPT; Alphabet shares dip
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, aimed to give users “fast and timely answers with clear and relevant sources.” The company said it […]
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Lineage begins trading in the market’s largest IPO of 2024
Lineage, the largest temperature-controlled warehouse real estate investment trust (REIT) in the world, rose by as much as 5% in its Nasdaq Stock Market debut on Thursday, after going public under the ticker symbol “LINE.” Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. […]
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Cryptocurrencies suffer alongside tech stock rout, ether slides 6%
Picture Alliance | Getty Images Cryptocurrencies fell one day after a reversal in technology stocks pushed the S&P 500 and Nasdaq Composite to their worst day since 2022. Bitcoin was lower by 2% at $64,603.34 Thursday, according to Coin Metrics. Disappointing quarterly earnings from Alphabet and Tesla late Tuesday weighed on the rest of the tech sector […]
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Las Vegas transit system is nation’s first to plan full deployment of AI surveillance system for weapons
A sign promoting safety is seen on the Regional Transportation Commission 109 Maryland Parkway bus in Las Vegas Thursday, June 8, 2023. Las Vegas Review-journal | Tribune News Service | Getty Images On your next visit to Vegas, an extra set of eyes will be watching you if you decide to hop onto the local […]
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Trump raises more than $4 million in bitcoin, other digital coins as crypto support pays off
Republican Presidential nominee and former President Donald J. Trump holds campaign rally at the Van Andel Arena in Grand Rapids, Michigan on July 20, 2024. Bill Pugliano | Getty Images News | Getty Images NASHVILLE — Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a major bitcoin conference. […]
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GE HealthCare taps Amazon Web Services to build generative AI for medical use
Jakub Porzycki | Nurphoto | Getty Images GE HealthCare on Thursday announced it is teaming up with Amazon Web Services to build new generative artificial intelligence models and tools that can efficiently analyze complex medical data. The health-care industry is responsible for generating nearly one-third of all data globally, but much of this information isn’t […]
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Tech’s splurge on AI chips has companies in ‘arms race’ that’s forcing more spending
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta CEO Mark Zuckerberg has been assembling a large stockpile of Nvidia chips, spending billions of dollars so his company can develop and train advanced […]
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Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Britain’s new Labour government will soon set out updated plans to regulate the “buy now, pay later” industry, a government spokesperson told CNBC. A Treasury department spokesperson said […]
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Grayscale’s $9 billion head start in ethereum is at risk as big investors launch ETFs
Representation of cryptocurrency and Gayscale logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images For crypto firm Grayscale, it’s deja vu in the ETF market. On Tuesday, the first spot ether exchange-traded funds hit the U.S. The ETFs will invest directly in ether, the cryptocurrency used in the Ethereum network, allowing […]
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IBM shares jump on earnings and revenue beat
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts’ predictions. Here are the key […]
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