Finance News Archives | Page 107 Of 198

Scale AI’s Alexandr Wang confirms departure for Meta as part of .3 billion deal

Scale AI’s Alexandr Wang confirms departure for Meta as part of $14.3 billion deal

Alexandr Wang, CEO of ScaleAI speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBC Scale AI founder Alexandr Wang told employees in a memo on Thursday that he’s leaving for Meta, confirming reports from earlier in the week about his departure and a large […]

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Google cloud and other internet services are reporting outages

Finance News

A visitor walks past a Google Cloud sign at the booth of Google during the Hanover technology Fair (Hannover Messe) on April 22, 2024 in Hanover, northern Germany, with Norway as partner country. Ronny Hartmann | AFP | Getty Images Google’s cloud was suffering from global outages on Thursday, as were other cloud-based services. Users

Google cloud and other internet services are reporting outages Read More »

Why uranium mining is having a resurgence in the United States

Finance News

From about the 1960s to the mid-1980s, the United States was a leader in uranium mining. But domestic production of the mineral, which is primarily used as fuel for nuclear reactors, has since fallen off a cliff. “A lot of this was because it was a government priority. And we strategically used government funding and

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Meta files lawsuit against developer of CrushAI ‘nudify’ app

Finance News

Facebook CEO Mark Zuckerberg departs E. Barrett Prettyman United States Court House on April 14, 2025 in Washington, DC. Andrew Harnik | Getty Images Meta is suing a company that ran ads on its services to promote an app that lets people create non-consensual, sexualized images of others using AI technology, the social media company

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Nvidia’s first GPU was made in France — Macron wants the country to produce cutting edge chips again

Finance News

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Emmanuel Macron, France’s president at the 2025 VivaTech conference in Paris, France, on Wednesday, June 11, 2025. Nathan Laine | Bloomberg | Getty Images French President Emmanuel Macron on Wednesday made a pitch for his country to manufacture the most advanced chips in

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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

Finance News

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

China’s racing to build its AI ecosystem as U.S. tech curbs bite. Here’s how its supply chain stacks up Read More »

Elon Musk’s favorability among Republicans dropped 16 points since March, Quinnipiac says

Finance News

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

Elon Musk’s favorability among Republicans dropped 16 points since March, Quinnipiac says Read More »

Oracle shares climb 8% as earnings, revenue top estimates

Finance News

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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Chime’s IPO will test public market appetite for fintech as companies line up to exit

Finance News

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images There’s a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut. The

Chime’s IPO will test public market appetite for fintech as companies line up to exit Read More »

Disney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and more

Finance News

The Walt Disney logo is displayed on screen during the Walt Disney Studios presentation at The Colosseum at Caesars Palace at CinemaCon 2025 in Las Vegas, Nevada, on April 3, 2025. Valerie Macon | AFP | Getty Images Disney and Universal joined forces in a lawsuit against artificial intelligence image creator Midjourney, alleging copyright infringement,

Disney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and more Read More »

Nvidia’s first GPU was made in France — Macron wants the country to produce cutting edge chips again

China’s racing to build its AI ecosystem as U.S. tech curbs bite. Here’s how its supply chain stacks up

Elon Musk’s favorability among Republicans dropped 16 points since March, Quinnipiac says

Oracle shares climb 8% as earnings, revenue top estimates

Chime’s IPO will test public market appetite for fintech as companies line up to exit

Disney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and more

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