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How GE Vernova plans to deploy small nuclear reactors across the developed world
GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Verona GE Vernova is aiming to deploy small nuclear reactors across the developed world over the next decade, staking out a leadership position in a budding technology that could play a central role in meeting surging electricity demand and reducing carbon dioxide […]
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Oracle is on pace for the best year since 1999. What led to the meteoric rise
Bets on artificial intelligence and the buildout of large language models have hoisted shares of a once ubiquitous megacap technology stock to its best year in a quarter century. Oracle has soared 75% this year, headed for its second-best year on record and best since 1999, when shares roughly quadrupled in price. ORCL YTD mountain […]
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Canadian news companies challenge OpenAI over alleged copyright breaches
Five major Canadian news media companies on Friday filed a legal action against ChatGPT owner OpenAI, accusing the artificial intelligence giant of regularly breaching copyright and online terms of use. The case is part of a wave of lawsuits against OpenAI and other tech companies by authors, visual artists, music publishers and other copyright owners […]
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Buy Big Tech firms with exposure to emerging markets, says veteran investor Mark Mobius
U.S. tech companies with a focus on emerging markets offer the best investment opportunities for the coming year, according to veteran emerging markets investor Mark Mobius. “The U.S market will continue to do well. As you know, tech has already done well. So, what I would do is focus on companies and industries that are […]
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CNBC’s Inside India newsletter: The causes and costs of India’s brain drain
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute […]
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These economists say artificial intelligence can narrow U.S. deficits by improving health care
Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health. A working paper released last month by the Center on […]
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Generative AI’s hype has yet to lead to a must-have gadget for the holiday season
Ray-Ban Meta smart glasses Meta Shoppers looking for gadgets and gizmos powered by generative AI technology to gift to their loved ones won’t have many options to choose from this holiday season. Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI’s ChatGPT chatbot in November 2022. Although startups have raised […]
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OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
Sam Altman, chief executive officer of OpenAI, during an event in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI is allowing employees to sell roughly $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. The new financing will allow the Japanese […]
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How President-elect Donald Trump may impact investors in these 8 market sectors
FA Playbook How President-elect Donald Trump may impact investors in these 8 market sectors Published Tue, Nov 26 202412:24 PM EST Greg Iacurci@GregIacurci Lorie Konish WATCH LIVE Source
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Orange partners with OpenAI, Meta to develop custom African-language AI models
The logo of telecoms giant Orange displayed at Mobile World Congress 2024 in Barcelona, Spain. Joan Cros | Nurphoto via Getty Images French telecoms giant Orange on Tuesday said it’s partnering with Microsoft-backed OpenAI and Facebook-owner Meta to build custom artificial intelligence models designed to better understand regional African languages. Orange said it’s working with […]
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