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Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile

Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Global semiconductor stocks saw volatile trading on Tuesday after a slump in shares of Nvidia during the previous session. Shares of chip firms in Europe and Asia were broadly in the red

Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile Read More »

Microsoft’s ‘abusive’ bundling of Teams and Office products breached antitrust rules, EU says

Microsoft’s ‘abusive’ bundling of Teams and Office products breached antitrust rules, EU says

The Microsoft Teams displayed on a smartphone. Sopa Images | Lightrocket | Getty Images The European Union on Tuesday accused Microsoft of breaching antitrust rules with the “abusive” bundling of its Teams and Office products. “The European Commission has informed Microsoft of its preliminary view that Microsoft has breached EU antitrust rules by tying its

Microsoft’s ‘abusive’ bundling of Teams and Office products breached antitrust rules, EU says Read More »

Cisco is ‘very optimistic’ about its expanding business with China EVs

Cisco is ‘very optimistic’ about its expanding business with China EVs

Cisco established operations in China in 1994. Sopa Images | Lightrocket | Getty Images DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, the company’s Greater China head told CNBC on Tuesday. The EV segment is the U.S. tech giant’s second-largest for the region

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Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis

Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis

Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study

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OpenAI competitor Anthropic announces its most powerful AI yet

OpenAI competitor Anthropic announces its most powerful AI yet

Jakub Porzycki | Nurphoto | Getty Images OpenAI competitor Anthropic on Thursday announced Claude 3.5 Sonnet, its most powerful artificial intelligence model yet. Claude is one of the chatbots that, like OpenAI’s ChatGPT and Google‘s Gemini, has exploded in popularity in the past year. Anthropic, which was founded by ex-OpenAI research executives, has backers including Google, Salesforce and Amazon.

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OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence

OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence

Ilya Sutskever, Russian Israeli-Canadian computer scientist and co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, June 5, 2023. Jack Guez | AFP | Getty Images OpenAI co-founder Ilya Sutskever, who left the artificial intelligence startup last month, introduced his new AI company, which he’s calling Safe Superintelligence, or SSI.

OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence Read More »

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