Technology

Huawei ‘has got China covered’ if the U.S. doesn’t participate, Nvidia CEO tells CNBC
If the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world’s second-largest economy, Nvidia CEO Jensen Huang told CNBC Thursday. “Our technology is a generation ahead of theirs,” Huang told CNBC at the sidelines of the Viva Technology conference in Paris. However, he […]
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China’s racing to build its AI ecosystem as U.S. tech curbs bite. Here’s how its supply chain stacks up
Chip engineer handling a wafer. Compared to Nvidia’s export-restricted chips, the performance gap between Huawei and the H20 is less than a full generation,” said Dylan Patel, founder, CEO and chief analyst of SemiAnalysis. Sinology | Moment | Getty Images With the U.S. restricting China from buying advanced semiconductors used in artificial intelligence development, Beijing […]
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Databricks says annualized revenue will reach $3.7 billion by next month
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Data and AI Summit in San Francisco on June 11, 2025. Jordan Novet | CNBC Databricks, a data analytics software vendor, said on Wednesday that it expects to generate $3.7 billion in annualized revenue by July, with year-over-year growth of 50%. CFO Dave Conte […]
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Elon Musk’s favorability among Republicans dropped 16 points since March, Quinnipiac says
Elon Musk, during a news conference with President Donald Trump on May 30, 2025 inside the Oval Office at the White House in Washington. Tom Brenner | The Washington Post | Getty Images Elon Musk’s official role in the Trump administration recently came to an end. Many Republicans won’t be sad to see less of […]
Read MoreChime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut
Chime Visa Credit Card Source: Chime Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion The company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. […]
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Shaquille O’Neal to pay $1.8 million to settle FTX investor lawsuit
Shaquille O’Neal sits on the bench before the game between the Indiana Pacers and the New York Knicks during Game 2 of the 2025 Eastern Conference Finals at Madison Square Garden in New York City, New York, on May 23, 2025. Jesse D. Garrabrant | National Basketball Association | Getty Images Shaquille O’Neal has agreed […]
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Oracle shares climb 8% as earnings, revenue top estimates
From left, former Fox Corp Executive Chairman Rupert Murdoch and Larry Ellison, Oracle’s co-founder, chief technology officer and executive chairman, listen as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House in Washington on Feb. 3, 2025. Anna Moneymaker | Getty Images News | Getty Images Oracle shares rose […]
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Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs
A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images When Matt Kubancik, a small business owner in Louisville, Kentucky, cast his ballot for Donald Trump in November, he was hoping that the Republican nominee’s return to the White House would provide […]
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Google adds chief AI architect to accelerate development of AI products
VCV | Visual China Group | Getty Images Google on Wednesday added a chief AI architect to its leadership ranks as the company continues to prioritize artificial intelligence and add the technology to more of its products. The company tapped Koray Kavukcuoglu, Google DeepMind’s chief technology officer, for the new senior vice president position, the […]
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