Breaking News: Technology
Struggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 300%
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company by more than 300%. The shares, […]
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OpenAI pulls back from Stargate Norway data center deal as Microsoft takes over
OpenAI has abandoned plans to rent compute capacity directly from a Norwegian data center, days after confirming it paused a similar project in the U.K. Microsoft is taking the extra compute previously earmarked for OpenAI at a planned 230MW “Stargate Norway” facility in Narvik. OpenAI is now in discussions to rent capacity from Microsoft instead, […]
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Starbucks launches beta app in ChatGPT to fuel new drink discovery
A sample prompt in ChatGPT using Starbucks’ beta app Source: Starbucks Starbucks has launched a beta app in ChatGPT to provide inspiration for customers’ drink orders, the company said Wednesday. To use the beta app, customers need to enable the Starbucks app through ChatGPT’s app directory and then enter a prompt on the chatbot that […]
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Snap’s stock jumps 11% on plans to axe 16% of its workforce citing AI efficiencies
Omar Marques | SOPA Images | Lightrocket | Getty Images Snap‘s shares jumped on Wednesday after the company announced plans to slash up to 16% of its global workforce, citing AI-driven efficiencies. CEO Evan Spiegel said in a letter to staff that the reduction would affect around 1,000 members of staff and that at least […]
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Samsung SDS shares jump 20% on KKR partnership and $820 million bond purchase
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Shares of Samsung SDS surged as much as 21.3% on Wednesday after global private equity firm KKR agreed to invest 1.22 trillion won ($820 million) of […]
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Cramer: The market’s biggest fears ‘just didn’t happen’ – and that’s why you can’t leave the game
CNBC’s Jim Cramer said investors who fled the market during recent volatility may be grappling with a familiar realization that the worst-case scenarios driving their decisions never materialized. “What we have is a rally that appears to be based on nothing,” said the “Mad Money” host on Tuesday. “But in reality, it’s based on the […]
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NAACP sues Elon Musk’s xAI over Memphis data center air pollution
Gas turbines are visible at an xAI data center on Riverport Rd in Memphis, TN on April 25, 2025. Brandon Dill | The Washington Post | Getty Images The NAACP filed a lawsuit against Elon Musk’s xAI on Tuesday, accusing the artificial intelligence company of violating the Clean Air Act with its use of natural […]
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Nvidia stock is on a 10-day winning streak and up 18% over that stretch
Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images Nvidia stock is on a tear, rising more than 18% over the past ten days. It’s the longest winning streak the artificial intelligence chip giant has seen […]
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DA wants Sam Altman arson suspect Daniel Moreno-Gama held without bail
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images Prosecutors plan to ask a judge Tuesday to ask a San Francisco judge to hold the man accused of trying to murder OpenAI CEO Sam […]
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Oracle jumps for a second day, Bloom Energy soars 20% on AI data center power deal
A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters Oracle‘s stock jumped 5% on Tuesday as software shares rebounded for a second session and the company broadened its […]
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