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Nvidia announces Blackwell Ultra and Rubin AI chips
Nvidia CEO Jensen Huang arrives to attend the opening ceremony of Siliconware Precision Industries Co. (SPIL)’s Tan Ke Plant site in Taichung, Taiwan Jan. 16, 2025. Ann Wang | Reuters Nvidia announced new chips for building and deploying artificial intelligence models at its annual GTC conference on Tuesday. CEO Jensen Huang revealed Blackwell Ultra, a […]
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Goldman recommends these cheap and stable stocks to survive the market volatility
Investors should focus on buying stable stocks at a lower valuation as uncertainty grows due to policies out of Washington, according to Goldman Sachs. The stock market has been under pressure recently, with the S & P 500 briefly dipping into correction territory last week. The broad market index struggled again on Tuesday, losing more […]
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Telcos race to transition from ‘dumb pipes’ to tech players with help from AI
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. Manaure Quintero | Afp | Getty Images BARCELONA — Global telecommunications firms are talking up advances in key technologies like artificial intelligence as they look to transition away from being perceived as […]
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How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
China and the U.S. are in a race to create the first grid-scale nuclear fusion energy. After decades of U.S. leadership, China is catching up by spending twice as much and building projects at record speed. Often called the holy grail of clean energy, nuclear fusion creates four times more energy per kilogram of fuel […]
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Shares of DocuSign surge 14% on strong earnings, AI boost
Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday. “We’ve really stabilized and I think started to turn the corner on the core business,” CEO Allan Thygesen said Friday on CNBC’s “Squawk Box.” “We’ve become much more efficient.” Here’s how the company performed in the fourth quarter FY2025 compared to LSEG […]
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Tech’s 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps
Less than two months ago, the tech industry’s top leaders flocked to Washington, D.C., for the presidential inauguration, part of an effort to strike a friendly tone with President Donald Trump after a contentious first go-round in the White House. Thus far, they’ve avoided any nasty social media posts from the president. But their treatment […]
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ChatGPT-owner Open AI says it’s seeing ‘tremendous demand’ across all segments
The OpenAI logo on a laptop computer arranged in the Brooklyn borough of New York, US, on Thursday, Jan. 12, 2023. Gabby Jones | Bloomberg | Getty Images OpenAI’s head of international strategy has said the artificial intelligence giant is seeing “tremendous demand in the market across all segments.” “It’s a rollercoaster. We’re just trying […]
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From DeepSeek to job risks: What tech leaders are saying on AI right now
Alibaba’s Chairman Joe Tsai speaking at CNBC’s CONVERGE LIVE event in Singapore on Wednesday. CNBC The future of artificial intelligence is a major topic of conversation among global tech and business leaders at CNBC’s CONVERGE LIVE in Singapore. Numerous executives talked up the potential of AI and discussed how it’s expected to impact the future […]
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Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, in what marks the cryptocurrency exchange’s first institutional investment and the “single largest investment” ever paird in crypto. In a joint press release, the firms […]
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