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How Alibaba overcame Beijing’s crackdown to become an AI giant

How Alibaba overcame Beijing’s crackdown to become an AI giant

On a cold November evening in Shanghai in 2020, the world’s largest IPO was abruptly canceled by Chinese regulators. It was Ant Group, the fintech affiliate of tech giant Alibaba. The company’s founder Jack Ma, one of China’s most famous billionaires, was under scrutiny for comments seemingly criticising the country’s financial regulators.   What followed was four years of […]

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More companies are shifting workers to passwordless authentication

More companies are shifting workers to passwordless authentication

It’s safe to say that no one is crazy about passwords. For chief information security officers, there’s the nightmare of employees leaving lists of passwords on their desks or putting them on Post-it notes on their computers. For workers, there’s the inconvenience of having to enter multiple passwords to gain access to various devices and

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This week in AI: Brushing off new bubble warnings, Google’s AI comeback and Nvidia’s China threat

This week in AI: Brushing off new bubble warnings, Google’s AI comeback and Nvidia’s China threat

This week, volatility took hold of the AI trade as bubble fears continued to rise and Nvidia‘s blowout earnings failed to steady the market.  “Unless you’re the most optimistic person on the planet … you know you’re in a bubble, right?” Dan Niles, founder of Niles Investment Management, told CNBC’s Deirdre Bosa. “There is no

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Figure AI sued by whistleblower who warned that startup’s robots could ‘fracture a human skull’

Figure AI sued by whistleblower who warned that startup’s robots could ‘fracture a human skull’

Startup Figure AI is developing general-purpose humanoid robots. Figure AI Figure AI, an Nvidia-backed developer of humanoid robots, was sued by the startup’s former head of product safety who alleged that he was wrongfully terminated after warning top executives that the company’s robots “were powerful enough to fracture a human skull.” Robert Gruendel, a principal

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Here are real AI stocks to invest in and speculative ones to avoid

Here are real AI stocks to invest in and speculative ones to avoid

Concerns about stock valuations in companies tied to artificial intelligence knocked the market around this week. Whether these worries will recede, as they did Friday, or flare up again will certainly be something to watch in the days and weeks ahead. We understand the concerns about valuations in the speculative aspects of the AI trade,

Here are real AI stocks to invest in and speculative ones to avoid Read More »

Govini founder Eric Gillespie released on  million bond with Pentagon probe ‘ongoing’

Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’

Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General Govini founder Eric Gillespie, who is charged with four felonies, including multiple counts of unlawful contact with a minor, was released on bail. Gillespie, who lives in Pittsburgh, posted a $1 million bond after his court appearance Thursday. He is not allowed to

Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’ Read More »

Tech stocks set for big losing week as AI names get rocked after Nvidia earnings

Tech stocks set for big losing week as AI names get rocked after Nvidia earnings

Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Even Nvidia CEO Jensen Huang couldn’t save the tech and artificial intelligence trade this week. The chip giant’s talismanic

Tech stocks set for big losing week as AI names get rocked after Nvidia earnings Read More »

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

The Amazon Puget Sound Headquarters is pictured on Oct. 28, 2025 in Seattle, Washington. Stephen Brashear | Getty Images Amazon‘s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster Read More »

Foxconn highlights growing AI ambitions at ‘Tech Day’ as it grows beyond iPhone assembler identity

Foxconn highlights growing AI ambitions at ‘Tech Day’ as it grows beyond iPhone assembler identity

The entrance to a Foxconn construction site in Mount Pleasant, Wisconsin, in May 2019. Katie Tarasov | CNBC Foxconn showcased its push into artificial intelligence at its annual ‘Hon Hai Tech Day’ in Taiwan on Friday, underscoring the world’s largest contract manufacturer’s efforts to evolve beyond its role as the biggest assembler of Apple’s iPhones. 

Foxconn highlights growing AI ambitions at ‘Tech Day’ as it grows beyond iPhone assembler identity Read More »

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names Read More »

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