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Huawei ‘has got China covered’ if the U.S. doesn’t participate, Nvidia CEO tells CNBC

Huawei ‘has got China covered’ if the U.S. doesn’t participate, Nvidia CEO tells CNBC

Technology News

Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025.  Steve Marcus | Reuters If the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world’s second-largest economy, Nvidia […]

Huawei ‘has got China covered’ if the U.S. doesn’t participate, Nvidia CEO tells CNBC Read More »

Databricks says annualized revenue will reach .7 billion by next month

Databricks says annualized revenue will reach $3.7 billion by next month

Technology News

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Data and AI Summit in San Francisco on June 11, 2025. Jordan Novet | CNBC Databricks, a data analytics software vendor, said on Wednesday that it expects to generate $3.7 billion in annualized revenue by July, with year-over-year growth of 50%. CFO Dave Conte

Databricks says annualized revenue will reach $3.7 billion by next month Read More »

Chime prices IPO at per share, valuing fintech company at .6 billion ahead of Nasdaq debut

Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut

Technology News

Chime Visa Credit Card Source: Chime Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion The company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors.

Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut Read More »

Shaquille O’Neal to pay .8 million to settle FTX investor lawsuit

Shaquille O’Neal to pay $1.8 million to settle FTX investor lawsuit

Technology News

Shaquille O’Neal sits on the bench before the game between the Indiana Pacers and the New York Knicks during Game 2 of the 2025 Eastern Conference Finals on May 23, 2025 at Madison Square Garden in New York City, New York. Jesse D. Garrabrant | National Basketball Association | Getty Images Shaquille O’Neal has agreed

Shaquille O’Neal to pay $1.8 million to settle FTX investor lawsuit Read More »

Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs

Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs

Technology News

A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images When Matt Kubancik, a small business owner in Louisville, Kentucky, cast his ballot for Donald Trump in November, he was hoping that the Republican nominee’s return to the White House would provide

Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs Read More »

Google adds Chief AI Architect to accelerate development of AI products

Google adds Chief AI Architect to accelerate development of AI products

Technology News

VCV | Visual China Group | Getty Images Google on Wednesday added a Chief AI Architect to its leadership ranks as the company continues to prioritize artificial intelligence and add the technology to more of its products. The company tapped Koray Kavukcuoglu, Google DeepMind’s chief technology officer, for the new senior vice president position, the

Google adds Chief AI Architect to accelerate development of AI products Read More »

Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool

Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool

Technology News

Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan Howard | Reuters Tesla rallied for a fourth straight session as the spat between CEO Elon Musk and President

Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool Read More »

German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days

German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days

Technology News

DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL DeepL on Wednesday said it was deploying one of the latest Nvidia systems that would allow the German startup to translate the whole internet in just 18 days. This is sharply down from 194 days previously. , DeepL is a startup that has developed its own AI models for  and

German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days Read More »

Elon Musk says Tesla robotaxi rides in Austin ‘tentatively’ set to begin June 22

Elon Musk says Tesla robotaxi rides in Austin ‘tentatively’ set to begin June 22

Technology News

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022.  Patrick Pleul | Pool | Via Reuters Tesla CEO Elon Musk said on Tuesday that his company’s robotaxi service is “tentatively” set to launch in Austin, Texas, on June 22. In a

Elon Musk says Tesla robotaxi rides in Austin ‘tentatively’ set to begin June 22 Read More »

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