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Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’

Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’

Finance News

Mateusz Slodkowski | Lightrocket | Getty Images Reddit is suing artificial intelligence startup Anthropic for what it’s calling a breach of contract and for engaging in “unlawful and unfair business acts” by using the social media company’s platform and data without authority. The lawsuit, filed on Wednesday, claims that Anthropic has been training its models […]

Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’ Read More »

Amazon to invest billion in North Carolina data centers in AI push

Amazon to invest $10 billion in North Carolina data centers in AI push

Finance News

A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, on March 27, 2024. Nathan Howard | Bloomberg | Getty Images Amazon plans to spend $10 billion on new data centers in North Carolina to expand its artificial intelligence infrastructure, the company said Wednesday. Amazon has earmarked up to $100 billion this year

Amazon to invest $10 billion in North Carolina data centers in AI push Read More »

Tesla’s Australia sales soar in May — a bright spot amid struggles elsewhere

Tesla’s Australia sales soar in May — a bright spot amid struggles elsewhere

Finance News

Electric vehicles outside a Tesla dealership in Melbourne on April 19, 2023. William West | AFP | Getty Images Tesla may be facing declining sales in the U.S. and Europe, but it reported a bright spot in Australia — where its electric vehicle sales rebounded to their highest level in nearly 12 months in May.

Tesla’s Australia sales soar in May — a bright spot amid struggles elsewhere Read More »

Trump’s Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing

Trump’s Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing

Finance News

Anna Barclay | Getty Images President Donald Trump’s Truth Social platform moved a step closer to having a bitcoin exchange-traded fund available to everyday investors. NYSE Arca, the all-electronic arm of the New York Stock Exchange that handles most ETF trading, filed on Tuesday to list a bitcoin fund linked to the president’s media company,

Trump’s Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing Read More »

Nvidia tops Microsoft, regains most valuable company title for first time since January

Nvidia tops Microsoft, regains most valuable company title for first time since January

Finance News

Nvidia CEO Jensen Huang speaks as he visits Lawrence Berkeley National Lab to announce a U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, U.S., May 29, 2025. Manuel Orbegozo | Reuters Nvidia passed Microsoft in market cap on Tuesday, once again becoming the most valuable publicly traded company in

Nvidia tops Microsoft, regains most valuable company title for first time since January Read More »

Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’

Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’

Finance News

Donald Trump Jr. is distancing himself from his father’s meme coin — while defending the family’s broader foray into crypto as a response to being frozen out of the traditional banking system. “I wasn’t involved in the meme coin,” Trump Jr. said in an interview on CNBC’s “Squawk Box.” “I’m more focused on the stablecoin,

Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’ Read More »

$TRUMP crypto wallet launches for president’s meme token

$TRUMP crypto wallet launches for president’s meme token

Finance News

Jonathan Raa | Nurphoto | Getty Images Magic Eden, best known as a non-fungible token marketplace, has quietly partnered with the team behind President Donald Trump’s meme token to launch an official $TRUMP-branded cryptocurrency wallet. Dubbed the $TRUMP Wallet, the product will feature the president’s name and likeness, support trading of $TRUMP and other digital

$TRUMP crypto wallet launches for president’s meme token Read More »

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

Finance News

The Texas flag flies outside TDECU Stadium in Houston, Oct. 21, 2023. Tim Warner | Getty Images Sport | Getty Images Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon Musk wrote in a

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown Read More »

Nvidia’s Jensen Huang says Nintendo Switch 2 has dedicated AI processors

Nvidia’s Jensen Huang says Nintendo Switch 2 has dedicated AI processors

Finance News

An attendee wearing a cow costume while playing Mario Kart World by Nintendo Switch 2 during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025.  Isabel Infantes | Reuters Nvidia CEO Jensen Huang on Tuesday talked up the capabilities of Nintendo‘s new Switch 2,

Nvidia’s Jensen Huang says Nintendo Switch 2 has dedicated AI processors Read More »

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