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Robotaxis in 2025: Waymo plots global expansion as Zoox, Tesla roll to the starting line
Robotaxis felt like science fiction just a decade ago, but this year, autonomous vehicles became a commonplace option for paying passengers across big cities in the U.S. and parts of Asia. Alphabet-owned Waymo kept expanding and dominates the robotaxi market in the U.S., though rivals Tesla and Amazon-owned Zoox also launched the first versions of […]
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Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon
Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan Chase credit facility, the company told CNBC exclusively. The new relationship means eligible U.S. Amazon vendors can apply for and access capital directly through […]
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Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’
Colin Angle, co-founder and CEO of iRobot Corp., speaks during a Prime Air delivery drone reveal event in Las Vegas, June 5, 2019. Joe Buglewicz | Bloomberg | Getty Images Colin Angle, co-founder and former CEO of iRobot, on Monday said the company’s move to declare bankruptcy was “profoundly disappointing” and “nothing short of a […]
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AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide
Broadcom CEO Hock Tan. Lucas Jackson | Reuters In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative. Broadcom, CoreWeave and Oracle, three companies intimately tied to the AI infrastructure buildout, all had another rough day on Wall Street on Monday after selling off sharply last week. While the three […]
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Trump admin to hire 1,000 specialists for ‘Tech Force’ to build AI, finance projects
The Trump administration on Monday unveiled a new initiative dubbed the “U.S. Tech Force,” comprising about 1,000 engineers and other specialists who will work on artificial intelligence infrastructure and other technology projects throughout the federal government. Participants will commit to a two-year employment program working with teams that report directly to agency leaders in “collaboration […]
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Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout
Roomba vacuums by iRobot are displayed at Best Buy store on January 19, 2024 in San Rafael, California. Justin Sullivan | Getty Images iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. The company, which […]
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JPMorgan’s top internet stock picks for next year
JPMorgan is betting on four technology stocks that can be winners in 2026. Tech stocks bolstered much of this year’s rally, but recent concerns about elevated valuations and the payoff of artificial intelligence has led to discernment among winners and losers in the sector. The S & P 500’s tech sector has surged 22.5% year […]
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MacKenzie Scott announced another $7.1 billion in 2025 charitable donations—she’s now given away $26.3 billion since 2019
Billionaire philanthropist MacKenzie Scott has unveiled the final tally for her 2025 charitable donations, which totaled $7.17 billion in gifts to roughly 225 organizations, she wrote in a blog post published on Tuesday. “This dollar total will likely be reported in the news, but any dollar amount is a vanishingly tiny fraction of the personal […]
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Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide
Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather […]
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Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain
Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric […]
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