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UK slaps Google Search with special market status, making way for stricter regulations
The United Kingdom’s Competition and Markets Authority (CMA) on Friday designated Google with a special status in the market for online search that would enable the regulator to enforce stricter regulations.
The CMA has designated…
China blacklists major chip research firm following report on Huawei
In this photo illustration a Huawei logo is displayed on a smartphone with a Chinese flag in the background.Sopa Images | Lightrocket | Getty ImagesBeijing has banned semiconductor research firm TechInsights from working with or…
While OpenAI races to build AI data centers, Nadella reminds us that Microsoft already has them
Microsoft CEO Satya Nadella on Thursday tweeted a video of his company’s first deployed massive AI system — or AI “factory” as Nvidia likes to call them. He promised this is the “first of many” such Nvidia AI factories that will be…
Trump meets with Isaacman about top NASA job after pulling nomination
Commander Jared Isaacman of Polaris Dawn, a private human spaceflight mission, speaks at a press conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. August 19, 2024. Joe Skipper | ReutersPresident Donald Trump has met…
OpenAI’s Sora hit 1 million downloads in less than five days
Sopa Images | Lightrocket | Getty ImagesOpenAI's short-form artificial intelligence video app Sora hit 1 million downloads less than five days after its launch in late September, according to an executive.Bill Peebles, head of Sora at…
Google ramps up its ‘AI in the workplace’ ambitions with Gemini Enterprise
Google on Thursday launched a comprehensive AI platform for businesses called Gemini Enterprise, the latest effort by the Alphabet-owned company to compete with Anthropic and OpenAI in the fast-growing market for workplace AI tools.
As…
Citi backs stablecoin firm as big banks warm to crypto
BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company's San Francisco Office.BVNKCiti has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S.…
Even after Stargate, Oracle, Nvidia and AMD, OpenAI has more big deals coming soon, Sam Altman says
At nearly the same moment as Nvidia CEO Jensen Huang was expressing surprise over OpenAI’s multi-billion-dollar deal with competitor AMD — shortly after his company agreed to invest up to $100 billion into the AI model maker — Sam…
AMD stock continues rally after OpenAI deal, now up 43% this week
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty ImagesAMD stock…
Amazon debuts prescription kiosks at Los Angeles One Medical clinics
Amazon is launching prescription drug kiosks at some One Medical offices in Los Angeles, the company announced Wednesday, in a move that could disrupt brick-and-mortar pharmacy businesses.The kiosks are operated by Amazon Pharmacy and…
Revolut aims to take on Indian banks and their ‘criminal’ forex fees
British fintech Revolut — now launching in India — says cross-border payments remain one of India’s most underserved financial services. By its estimate, Indians spend about $30 billion overseas every year and lose around $600 million…
‘At some point there’ll be too many’ AI data centers
Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is "tremendous," the production of artificial intelligence data centers will eventually top out."I'm sure at some point there'll be too many of these…
Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases
After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so.
To recap: OpenAI has agreed to help AMD…
Tech investor Orlando Bravo says ‘valuations in AI are at a bubble’
Thoma Bravo co-founder Orlando Bravo said that valuations for artificial intelligence companies are "at a bubble," comparing it to the dotcom era.But one key difference in the market now, he said, is that large companies with "healthy…
Tesla teaser video sparks speculaton of Roadster or mass market model
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersTesla shares rose more than 5% on Monday after the electric…
Deloitte goes all in on AI — despite having to issue a hefty refund for use of AI
Deloitte is rolling out Claude to its nearly 500,000 employees after issuing a refund for a report that contained AI hallucinations.
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‘The best chips will win’
Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam Jeffery | CNBCInvestor Brad Gerstner cautioned Monday that OpenAI's deals with Nvidia and AMD are purely…
Instagram introduces new ‘Ring’ award for top creators
Instagram announced on Monday that it’s launching an awards program, with 25 creators set to receive a gold ring next week. The company says the new awards program will recognize creators around the world who shift culture and break…