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Technology

Technology

Nvidia announces new AI chips months after latest launch as market competition heats up

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday,...

by admin June 2, 2024
Nvidia announces new AI chips months after latest launch as market competition heats up
Technology

Software stocks got pummeled this week after a cluster of troubling earnings reports

Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s...

by admin June 1, 2024
Software stocks got pummeled this week after a cluster of troubling earnings reports
Technology

Binance’s ex-CEO begins prison sentence in California

Former Binance CEO Changpeng Zhao, center, departs federal court in Seattle on April 30, 2024. Jason Redmond | AFP | Getty Images Binance’s billionaire...

by admin May 31, 2024
Binance's ex-CEO begins prison sentence in California
Technology

Warren Buffett is worried about potential for ‘huge losses’ in booming, but still tiny insurance market

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s recent annual shareholder...

by admin May 31, 2024
Warren Buffett is worried about potential for 'huge losses' in booming, but still tiny insurance market
Technology

Shares of Dell fall 18% as AI servers are sold at ‘near-zero margins’

Dell Technologies CEO Michael Dell speaks during the MWC session ‘New strategies for a new era’ on the first day of the 18th edition...

by admin May 31, 2024
Shares of Dell fall 18% as AI servers are sold at 'near-zero margins'
Technology

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

French President Emmanuel Macron speaks during a meeting with members of the AI sector at the Elysee Presidential Palace in Paris, France, on May...

by admin May 31, 2024
France is aiming to become a global AI superpower — but not without help from U.S. Big Tech
Technology

MongoDB shares sink 23% after management trims guidance

MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 26% in extended trading on Thursday after the database software...

by admin May 30, 2024
MongoDB shares sink 23% after management trims guidance
Technology

Dell shares fall despite growing AI server business

Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros...

by admin May 30, 2024
Dell shares fall despite growing AI server business
Technology

Twitch terminates all members of its Safety Advisory Council

Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC....

by admin May 30, 2024
Twitch terminates all members of its Safety Advisory Council
Technology

Amazon to expand drone delivery service after clearing FAA hurdle

An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP...

by admin May 30, 2024
Amazon to expand drone delivery service after clearing FAA hurdle
Technology

UiPath shares tank 30% after company announces CEO shakeup

Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company’s offices in Bucharest, Romania, on Thursday, May 20, 2021.  Andrei Pungovschi...

by admin May 29, 2024
UiPath shares tank 30% after company announces CEO shakeup
Technology

Salesforce shares plunge 16% on first revenue miss since 2006

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth |...

by admin May 29, 2024
Salesforce shares plunge 16% on first revenue miss since 2006
Technology

Former OpenAI board member explains why CEO Sam Altman got fired before he was rehired

Former OpenAI board member Helen Toner, who helped oust CEO Sam Altman in November, broke her silence when she spoke on a podcast released...

by admin May 29, 2024
Former OpenAI board member explains why CEO Sam Altman got fired before he was rehired
Technology

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held...

by admin May 29, 2024
Crypto exchange Gemini returns .2 billion to users after pausing withdrawals 18 months ago
Technology

HubSpot shares jump on talks of potential Google deal

Rafael Henrique | Lightrocket | Getty Images HubSpot shares rallied 8% on Tuesday after CNBC’s David Faber reported that Alphabet is looking at an...

by admin May 28, 2024
HubSpot shares jump on talks of potential Google deal
Technology

OpenAI former safety leader Jan Leike joins rival AI startup Anthropic

Anadolu | Anadolu | Getty Images Jan Leike, one of the lead safety researchers at OpenAI who resigned from the artificial intelligence company earlier...

by admin May 28, 2024
OpenAI former safety leader Jan Leike joins rival AI startup Anthropic
Technology

FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison

Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in...

by admin May 28, 2024
FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Technology

Med tech stock Semler Scientific takes bitcoin play from MicroStrategy’s book, surges 37%

Dado Ruvic | Reuters Semler Scientific, a little-known medical technology company, saw its shares surge Tuesday after it said it has adopted bitcoin as...

by admin May 28, 2024
Med tech stock Semler Scientific takes bitcoin play from MicroStrategy's book, surges 37%
Technology

Google criticized as AI Overview makes obvious errors, such as saying former President Obama is Muslim

It’s been less than two weeks since Google debuted “AI Overview” in Google Search, and public criticism has mounted after queries have returned nonsensical...

by admin May 26, 2024
Google criticized as AI Overview makes obvious errors, such as saying former President Obama is Muslim
Technology

Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years

Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024. David Paul Morris...

by admin May 26, 2024
Nvidia CEO Jensen Huang's net worth swells from  billion to  billion in five years
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