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Qualcomm CEO sees robotics as a ‘larger opportunity’ within 2 years
Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan, May 19, 2025. Ann Wang | Reuters BARCELONA, Spain — Robotics will become a “larger opportunity” for Qualcomm within the next two years, CEO Cristiano Amon told CNBC, as the chip giant continues its foray into areas beyond the smartphone. In January, […]
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Sanders, Khanna to propose federal billionaires wealth tax
U.S. Representative Ro Khanna (D-Calif.) speaks to the media outside of the Chappaqua Performing Arts Center, on the day Bill Clinton appears for a deposition in the House Oversight Committee investigation of late financier and convicted sex offender Jeffrey Epstein, in Chappaqua, New York, U.S., February 27, 2026. Shannon Stapleton | Reuters Sen. Bernie Sanders […]
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Khamenei’s death raises questions about Trump’s China trip
Key Points U.S. strikes on Iran raised doubts about Trump’s planned visit to China. Prediction markets showed increased bets on a greater likelihood of a delayed Trump trip. Analysts said trade talks may outweigh geopolitical tensions for both sides. Source
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Global week ahead: Operation Epic Fury means new risks for markets
Thick plumes of smoke rise over the residential areas of the Iranian capital following airstrikes amid ongoing U.S.â”Israel attacks as multiple explosions are heard across the city in Tehran, Iran on March 01, 2026. Fatemeh Bahrami/ | Anadolu | Getty Images We hear it all the time on CNBC — markets hate uncertainty, and the […]
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Google wants Intrinsic to be ‘Android of robotics’ as it pushes into physical AI
Intrinsic CEO Wendy Tan White has led the company to graduate out of Alphabet’s “Moonshot” factory X. Intrinsic Google became a powerhouse in smartphones by creating the Android operating system and partnering with handset makers in need of an answer to Apple’s iPhone. Now the search giant has a similar plan for tackling robotics. Earlier […]
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Anthropic faces lose-lose scenario in Pentagon conflict as deadline for policy change looms
Anthropic is heading into Friday in a no-win situation. The artificial intelligence startup has until 5:01 p.m. ET to decide whether it will agree to allow the Department of Defense to use its models in all lawful use cases without limitation. If it doesn’t, Defense Secretary Pete Hegseth has threatened to label the company a […]
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MP Materials selects Texas for rare earth magnet manufacturing site
Key Points MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus. The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials’ Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S. The […]
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Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
Google is folding in former moonshot robotics software company Intrinsic as Alphabet tries to streamline its ambitions in the space. After five and a half years developing its technology at Alphabet’s “moonshot factory” X, Intrinsic became an independent Alphabet company in its “Other Bets” division in July 2021. The Google parent company announced Wednesday that […]
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CNBC’s UK Exchange newsletter: With shares up 1,200%, Rolls-Royce’s CEO has lots to shout about
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Employees work on a Rolls-Royce Trent 7000 engine for an Airbus SE A330neo aircraft at the Safran SA plant in Colomiers, France, on Tuesday, March 25, 2025. Safran Nacelles manufactures nacelles for short, medium and long-range […]
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Nvidia, Microsoft back self-driving firm Wayve as it hits $8.6 billion valuation
Autonomous driving company Wayve has hit an $8.6 billion valuation after securing fresh funds from Nvidia, Microsoft and Uber. The $1.2 billion Series D round was led by Eclipse, Balderton and SoftBank Vision Fund 2 and also featured automakers Mercedes-Benz, Nissan and Stellantis. Uber will invest up to an additional $300 million in milestone-based capital. […]
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