Breaking News: Technology
C3 AI stock falls 30% as CEO Siebel calls preliminary sales numbers ‘completely unacceptable’
The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI tumbled 30% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it […]
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Sam Altman now says AGI, or human-level AI, is ‘not a super useful term’ — and he’s not alone
OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI CEO Sam Altman said artificial general intelligence, or “AGI,” is losing its relevance as a term as rapid advances in the space make it harder to define the concept. AGI […]
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Here’s what U.S. automakers are saying about Trump’s changing EV policies
Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images On President Donald Trump’s first day in office, he signed an executive order aiming to eliminate the “electric vehicle mandate” and remove subsidies that favor EVs. Since then, his administration has taken steps […]
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Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Florence Lo | Reuters Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with […]
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Nvidia claps back against Chinese accusations its H20 chips pose a security risk
Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images Chip giant Nvidia pushed back Sunday in response to allegations from Chinese state media that its H20 artificial intelligence chips are a national security risk for China. Earlier in the day, Reuters reported Yuyuan Tantian, an account affiliated with Chinese state […]
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AI is creating new billionaires at a record pace
Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei, Getty Images | CNBC 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. Artificial intelligence startups have minted dozens of new […]
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China wants US to relax AI chip-export controls for trade deal, FT reports
A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images China wants the United States to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit between Presidents Donald Trump and Xi Jinping, […]
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How one real estate startup is taking on record heat this summer
Runwise co-founders (L-R) Jeff Carleton, Lee Hoffman and Mike Cook. Courtesy of Runwise A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
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Apple has its best week since July 2020 after White House visit
U.S. President Donald Trump and Apple CEO Tim Cook shake hands on the day they present Apple’s announcement of a $100 billion investment in U.S. manufacturing, in the Oval Office at the White House in Washington, D.C., U.S., August 6, 2025. Jonathan Ernst | Reuters Apple shares rose 13% this week, its largest weekly gain […]
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Trade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon
Jeff Green, CEO of The Trade Desk. Scott Mlyn | CNBC Shares of The Trade Desk plummeted almost 40% on Friday and headed for their worst day on record after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon. The Trade Desk, which went public in […]
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