Elon Musk says his new startup xAI will debut tech for the first time
Elon Musk says his new startup xAI will debut tech for the first time
Elon Musk said Friday that his AI company, xAI, will debut its technology on Saturday. "Tomorrow, xAI will release its first AI to a select group," Musk on X, formerly known as Twitter. "In some important respects, it is the best that curre...
2023-11-06 09:55:20
Chinese Tesla rival Nio cuts 10% of workforce
Chinese Tesla rival Nio cuts 10% of workforce
Chinese electric carmaker plans to cut 10% of its workforce amid "fierce competition," CEO William Li said Friday. The job cuts will be completed by November. "The coming two years will witness the most intense competition during the transf...
2023-11-06 09:55:14
Why San Francisco’s robotaxi rollout has been such a mess
Why San Francisco’s robotaxi rollout has been such a mess
But the launch has been plagued by problems. The cars have , caused construction delays, impeded ambulances and even meandered into active crime scenes. "There have been 75 plus incidents," said San Francisco fire chief Jeanine Nicholson. "...
2023-11-06 09:55:08
Apple lacks clear path to growth this holiday season after shrinkage
Apple lacks clear path to growth this holiday season after shrinkage
indicated on Thursday that investors shouldn't expect revenue growth in the December quarter, the busiest and most important time of the year for its business. In its fiscal fourth-quarter earnings report on Thursday, Apple , and CEO Tim Co...
2023-11-06 09:55:00
<b>Sam Bankman-Fried found guilty on all seven criminal fraud counts</b>
Sam Bankman-Fried found guilty on all seven criminal fraud counts
"Sam Bankman-Fried perpetrated one of the biggest financial frauds in American history," Damian Williams, U.S. attorney for the Southern District of New York, said in a briefing after the verdicts were read. "While the cryptocurrency indust...
2023-11-06 09:54:52
Amazon founder Jeff Bezos is leaving Seattle for Miami
Amazon founder Jeff Bezos is leaving Seattle for Miami
In this article Jeff Bezos, who founded out of his , is leaving the city and moving to Miami to be near his parents and his space company Blue Origin. Bezos announced the decision in an Instagram post late Thursday, which included a video o...
2023-11-06 09:54:46
<b>Three hours to guilty: How the government nailed Sam Bankman-Fried</b>
Three hours to guilty: How the government nailed Sam Bankman-Fried
In Sam Bankman-Fried's fraud trial, prosecutors by keeping it simple. Jurors needed only about three hours of deliberations to find the FTX founder guilty of seven criminal counts, which could amount to a life sentence. For a high-profile m...
2023-11-06 09:54:40
Meta CEO Mark Zuckerberg tore his ACL while training for a competitive MMA fight
Meta CEO Mark Zuckerberg tore his ACL while training for a competitive MMA fight
CEO Mark Zuckerberg just had surgery as a result of an injury to his ACL that occurred during mixed-martial arts training. The Facebook co-founder revealed his injury on Friday via an Instagram in which he said that he "tore my ACL sparring...
2023-11-06 09:54:33
<b>How CNBC reported the Sam Bankman-Fried trial</b>
How CNBC reported the Sam Bankman-Fried trial
Just before 8 p.m. on Thursday, 12 jurors found of all seven counts against him. You could have heard a pin drop in the courtroom as the forewoman repeated the word "guilty" seven times in a row into a handheld microphone. Bankman-Fried sto...
2023-11-06 09:54:27
<b>Sam Bankman-Fried sentence: Could be 100-plus years, or mere decades</b>
Sam Bankman-Fried sentence: Could be 100-plus years, or mere decades
Bankman-Fried was convicted of wire fraud and conspiracy to commit wire fraud against FTX customers and against Alameda Research lenders, conspiracy to commit securities fraud and conspiracy to commit commodities fraud against FTX investors...
2023-11-06 09:54:21
Elon Musk debuts 'Grok' AI bot to rival ChatGPT, others
Elon Musk debuts 'Grok' AI bot to rival ChatGPT, others
Meet Grok, the first technology out of Elon Musk's new AI company, . Grok, the company said, is modeled on "The Hitchhiker's Guide to the Galaxy." It is supposed to have "a bit of wit," "a rebellious streak" and it should answer the "spicy...
2023-11-06 09:54:15
Japan investigates Google for alleged antitrust violations in search
Japan investigates Google for alleged antitrust violations in search
Japan's competition watchdog on Monday said it is investigating -owned Google for alleged antitrust law violations in regards to its search practices on mobile platforms, ramping up regulatory pressure on the U.S. technology giant. The Japa...
2023-10-25 21:55:09
<b>Micron building biggest chip fab in U.S. history despite China ban</b>
Micron building biggest chip fab in U.S. history despite China ban
"Memory is very cost-sensitive and we have to get economies of scale to mass produce our chips on a level that meets the market demands," said Scott Gatzemeier, Micron's corporate vice president of front end U.S. expansion. DRAM and NAND me...
2023-10-25 21:55:03
Bitcoin tops $31,000 to start the week as hopes grow over ETF
Bitcoin tops $31,000 to start the week as hopes grow over ETF
The price of rose to start the week, extending gains from the previous week helped by optimism about a bitcoin exchange-traded fund and a flight to safety. Bitcoin was trading about 5% higher at $31,384.51, according to Coin Metrics, and ....
2023-10-25 21:54:56
Databricks, the $43 billion AI firm, acquires Arcion for $100 million
Databricks, the $43 billion AI firm, acquires Arcion for $100 million
Databricks has agreed to acquire Arcion, an enterprise data company, for about $100 million, including incentives, CEO Ali Ghodsi told CNBC ahead of an official Monday announcement. Databricks' chief product is a data analytics tool, powere...
2023-10-25 21:54:49