Artificial intelligence
A cloud computing stock is soaring more than 22%. Here’s what’s driving the rally
The Akamai Technologies logo and lettering can be seen on the headquarters building at the company’s German headquarters in Garching near Munich (Bavaria). Matthias Balk | Picture Alliance | Getty Images Akamai’s stock jumped in early trading Friday after it announced a $1.8 billion deal with an AI company and posted first-quarter earnings that were […]
Read More
OpenAI trial live updates: Head of Musk’s family office takes the stand
Birchall unsure if OpenAI donations by Musk came with restrictions Bradley R. Wilson, an attorney for OpenAI, asked Birchall a series of questions about funds that Musk put into “DAFs,” or donor-advised funds, managed by Vanguard and Fidelity. The lawyer asked if Birchall knew whether Musk had any legal right to direct where the funds […]
Read More
Here’s why surging oil prices may not derail the consumer trade
ETF Edge Here’s why surging oil prices may not derail the consumer trade Published Thu, Apr 30 20267:01 AM EDTUpdated 21 Min Ago Josh Romero@in/joshdromero/ Stephanie Landsman@stephlandsman WATCH LIVE Source
Read More
NXP Semiconductors soars 26%, paces for its best day ever after earnings beat
A view shows a logo at NXP semiconductors computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. Piroschka Van De Wouw | Reuters NXP Semiconductors shares rose 26% Wednesday, on track for its best day ever since the company went public in 2010. The semiconductor manufacturer reported first-quarter earnings Tuesday that blew away Wall […]
Read More
Major data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBC
A major data center company has paused investment in AI infrastructure projects and data centers in the Middle East amid the Iran war, its CEO has told CNBC. As oil prices have skyrocketed and supply chains have been heavily disrupted by conflict in the region, the future of huge digital infrastructure plans in the Middle […]
Read More
We tried out xAI’s Grok chatbot while driving a Tesla in NYC. Here’s what happened.
Tesla owner Mike Nelson has been using the AI chatbot Grok in his vehicle for several months now. He finds it is useful, nearly irresistible, and dangerous. Nelson, a lawyer with a background in auto insurance, showed CNBC how he uses Grok on a drive around the New York metro area. Nelson said that while […]
Read More