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AI godfather says Meta’s new 29-year-old AI boss is ‘inexperienced’ and warns of staff exodus

AI godfather says Meta’s new 29-year-old AI boss is ‘inexperienced’ and warns of staff exodus

Yann LeCun, chief AI scientist at Meta Platforms Inc., at the VivaTech conference in Paris, France, on Wednesday, May 22, 2024. Bloomberg | Bloomberg | Getty Images Meta’s former chief AI scientist, Yann Lecun, has called its 29-year-old AI boss “inexperienced,” and warned of a staff exodus from the company. Alexander Wang, the billionaire co-founder […]

AI godfather says Meta’s new 29-year-old AI boss is ‘inexperienced’ and warns of staff exodus Read More »

Elon Musk’s Starlink offers free internet access in Venezuela following U.S. airstrikes and Maduro’s arrest

Elon Musk’s Starlink offers free internet access in Venezuela following U.S. airstrikes and Maduro’s arrest

SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s Starlink is offering free broadband internet service to users in Venezuela through Feb. 3, following U.S. airstrikes and the capture of ousted leader Nicolas Maduro.  The satellite internet provider said in a release on Sunday that service credits

Elon Musk’s Starlink offers free internet access in Venezuela following U.S. airstrikes and Maduro’s arrest Read More »

Anthropic’s ‘do more with less’ bet has kept it at the AI frontier, co-founder Amodei tells CNBC

Anthropic’s ‘do more with less’ bet has kept it at the AI frontier, co-founder Amodei tells CNBC

SAN FRANCISCO — Inside Anthropic headquarters, President and co-founder Daniela Amodei keeps coming back to a phrase that’s become a sort of governing principle for the artificial intelligence startup’s entire strategy: Do more with less. It’s a direct challenge to the prevailing mood across Silicon Valley, where the biggest labs and their backers are treating

Anthropic’s ‘do more with less’ bet has kept it at the AI frontier, co-founder Amodei tells CNBC Read More »

Chip stocks rally to start 2026 after third-straight winning year

Chip stocks rally to start 2026 after third-straight winning year

Chipmaking stocks rallied to kick off 2026 as investors piled into the winning artificial intelligence-fueled sector following another big year of gains. Dutch chip equipment maker ASML surged 9%, while Micron Technology jumped 8% to start the new trading year. Lam Research and Intel rallied about 7% each, while Marvell Technology rose 5%. Advanced Micro

Chip stocks rally to start 2026 after third-straight winning year Read More »

China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time

China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time

Coders and aspiring entrepreneurs have flocked to Liangzhu in the past two years, drawn by its creativity, free lifestyle and sense of camaraderie. CNBC HANGZHOU, China — In what is sometimes dubbed China’s Silicon Valley, tech giants and startups in Hangzhou are racing to build cutting-edge chips, robotics and brain-computer interfaces. Across town, aspiring founders

China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time Read More »

AI agents could soon book flights and shop for you, and Visa and Mastercard want in

AI agents could soon book flights and shop for you, and Visa and Mastercard want in

Major payment and tech companies are racing to build the infrastructure for what they see as the next evolution of global commerce: artificial intelligence agents that can perform searches, compare prices, and make purchases on behalf of consumers. The trend is referred to as “agentic commerce,” and reflects consumers’ growing reliance on chatbots for everyday

AI agents could soon book flights and shop for you, and Visa and Mastercard want in Read More »

One year on from the UK’s grand AI plan: has its infrastructure buildout been a success?

One year on from the UK’s grand AI plan: has its infrastructure buildout been a success?

QTS’s data center in Cambois, North East of England When the U.K. announced its AI Opportunities Action Plan — a grand blueprint to deploy the tech across society — in January, Prime Minister Keir Starmer declared the strategy would make the country an “AI superpower.”  One of the key pillars of this plan was a

One year on from the UK’s grand AI plan: has its infrastructure buildout been a success? Read More »

Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out

Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out

Oracle CEO Clay Magouyrk speaks at a Q&A session following a tour of the OpenAI data center in Abilene, Texas, on Sept. 23, 2025. Shelby Tauber | Pool | Reuters Three months ago Oracle named Clay Magouyrk and Mike Sicilia as its new CEOs. They’re off to a rough start. Oracle shares have plummeted 30%

Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out Read More »

Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough

Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough

Sopa Images | Lightrocket | Getty Images Kyle Dijamco is a proud member of Palantir Technologies‘ fast-growing retail investor base. The Los Angeles-based marketer has bet big on the defense tech stock, even increasing his exposure after a drawdown earlier this year. The 31-year-old’s position now stands at roughly $25,000. “It’s an exciting stock to

Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough Read More »

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