Internet

Amazon’s R&D lab forms new agentic AI group
Technology

Amazon’s R&D lab forms new agentic AI group

Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon has formed a new group within its consumer product-development arm that is focused on agentic artificial intelligence, the company said Wednesday. The team will be based in Lab126, the stealthy Silicon […]

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Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’
Technology

Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’

Mateusz Slodkowski | Lightrocket | Getty Images Reddit is suing artificial intelligence startup Anthropic for what it’s calling a breach of contract and for engaging in “unlawful and unfair business acts” by using the social media company’s platform and data without authority. The lawsuit, filed in San Francisco on Wednesday, claims that Anthropic has been […]

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OpenAI tops 3 million paying business users, launches new features for workplace
World

OpenAI tops 3 million paying business users, launches new features for workplace

Sam Altman, co-founder and CEO of OpenAI, speaks during the New York Times annual DealBook Summit at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported […]

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Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research
Technology

Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research

The Apple store on 5th Avenue is seen in New York on April 8, 2025.  Timothy A. Clary | Afp | Getty Images Forecasts for Apple and Samsung shipment growth this year were sharply slashed by Counterpoint Research on Wednesday amid uncertainty over U.S. tariff policy. The research outfit said it had revised down its […]

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Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’
Technology

Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’

Donald Trump Jr. is distancing himself from his father’s meme coin — while defending the family’s broader foray into crypto as a response to being frozen out of the traditional banking system. “I wasn’t involved in the meme coin,” Trump Jr. said in an interview on CNBC’s “Squawk Box.” “I’m more focused on the stablecoin, […]

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Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
Technology

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

The Texas flag flies outside TDECU Stadium in Houston, Oct. 21, 2023. Tim Warner | Getty Images Sport | Getty Images Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon Musk wrote in a […]

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Nvidia’s Jensen Huang says Nintendo Switch 2 has dedicated AI processors
Technology

Nvidia’s Jensen Huang says Nintendo Switch 2 has dedicated AI processors

An attendee wearing a cow costume while playing Mario Kart World by Nintendo Switch 2 during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025.  Isabel Infantes | Reuters Nvidia CEO Jensen Huang on Tuesday talked up the capabilities of Nintendo‘s new Switch 2, […]

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AI, trade and  socks: Inside the inaugural SXSW in London
Technology

AI, trade and $24 socks: Inside the inaugural SXSW in London

SXSW had branding all around the neighbourhood of Shoreditch in London. Arjun Kharpal | CNBC South by Southwest (SXSW) may be a well-known event in the United States, but it certainly hasn’t reached the same level of recognition in Britain. “What’s that?” asked a pedestrian who was passing by a SXSW London sign. SXSW is […]

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Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company
Technology

Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company

Uber said Monday that Pierre-Dimitri Gore-Coty, one of the company’s longest-tenured top executives and the head of is delivery business is leaving after almost 13 years. Gore-Coty joined Uber as a general manager in France in 2012, and worked his way up to become vice president of mobility for the Europe and Middle East region […]

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Applied Digital shares rip 40% higher on CoreWeave AI lease agreement
Technology

Applied Digital shares rip 40% higher on CoreWeave AI lease agreement

Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said […]

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