Medianews Group/boston Herald Via Getty Images | Medianews Group | Getty Images Los Angeles resident Ruth Horne, 76, enticed by a bargain, bought what she thought was a Roomba to vacuum her house, but the experience ended in frustration. “It kept getting stuck somewhere and would then just go around in circles,” Horne said. She […]
Roomba’s bankruptcy may wreck a lot more than one robot vacuum maker Read More »
Lucid Motors gets rave reviews from critics. But it’s sorely lacking customers. That’s a problem the company can’t afford. The Arizona-based EV maker has top-shelf tech, deep-pocketed backers, and highly praised cars. However, it has struggled to meet production targets, and has been unable to steal the spotlight away from established luxury brands with century-old
Lucid’s big SUV arrives with high expectations, and big risks Read More »
Palo Alto Networks will migrate key internal workloads to Google Cloud as part of a new multibillion-dollar agreement, the companies announced Friday. The companies said the deal is an expansion of their existing strategic partnership and will deepen their engineering collaboration. Palo Alto Networks is now using Google’s Gemini artificial intelligence models to power its
Palo Alto Networks announces multibillion-dollar deal with Google Cloud Read More »
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks were higher Friday, led by a rebound in Big Tech as the AI trade attempted to regain momentum. Nvidia stock jumped nearly 3% after Bernstein noted it is
Cramer says Boeing is a buy here — plus, Wells Fargo and bank stocks keep rolling Read More »
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images With the AI talent wars heating up between companies like OpenAI, Meta and Anthropic, one way Google has been competing is by aggressively rehiring
Google’s boomerang year: 20% of AI software engineers hired in 2025 were ex-employees Read More »
Oracle‘s stock jumped about 5% Friday after the cloud provider joined a group of investors slated to lead TikTok’s U.S. operations. In a memo to employees Thursday, CEO Shou Zi Chew said the social media company’s U.S. division will be run by a joint venture that includes Oracle, Silver Lake, and Abu Dhabi-based MGX. The
Intel was once the world’s largest semiconductor company, but its market cap plummeted in recent years as the chipmaker fell behind Taiwan Semiconductor Manufacturing Co. and spent billions of Dollars trying to catch up. Now, Intel has entered high-volume production of 18A, the new chip node it says will turn things around. The biggest problem?
Inside Intel’s new Arizona fab, where the chipmaker’s fate hangs in the balance Read More »
Global data centers dealmaking surged to hit another record high this year, driven by a rush to build out the infrastructure required for energy-intensive AI workloads. That surge came even as investors grew increasingly wary of inflated artificial intelligence valuations and the financing underpinning the rapid expansion of data centers. Global stocks sold off in
TikTok signs agreement to create new U.S. joint venture according to internal memo Source link
TikTok signs agreement to create new U.S. joint venture according to internal memo Read More »
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters The House of Representatives on Thursday passed a bill aimed at making it easier to get federal permits to build
House passes bill to ease permits for building out AI infrastructure Read More »
