Nvidia CEO Jensen Huang compares the size of the new “Blackwell” chip versus the current “Hopper” H100 chip at the company’s developer conference, in San Jose, California. Nvidia Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement, made during Nvidia’s developer’s conference in San … Read more
Former Treasury Secretary Steven Mnuchin is building an investor group to acquire ByteDance’s TikTok, as a bipartisan piece of legislation winding its way through Congress threatens its continued existence in the U.S. The House of Representatives on Wednesday passed a bipartisan bill that if signed into law would force ByteDance to either divest its flagship … Read more
Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more
A man shops for fruit at a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
Omar Marques | Lightrocket | Getty Images Cohere President Martin Kon says a lot of the hot artificial intelligence startups on the market today are building the equivalent of fancy sports cars. His product, he says, is more like a heavy-duty truck. “If you’re looking for vehicles for your field technical service department, and I … Read more
Shari Redstone, president of National Amusements and Vice Chairman, CBS and Viacom speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019. Mike Blake | Reuters David Ellison’s Skydance Media and its financial backers are exploring a deal to take private all of Paramount Global, people familiar with the matter told … Read more
SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images SAP said on Tuesday that it aims to carry out voluntary buyouts or enable job changes for 8,000 employees as part of … Read more
Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped more than 9% in extended trading Monday after the software company reported fiscal second-quarter revenue and quarterly revenue guidance that fell short … Read more
Lisa Su displays an ADM Instinct M1300 chip as she delivers a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Images Meta, OpenAI, and Microsoft said at an AMD investor event on Wednesday they will use AMD’s newest AI chip, the … Read more
TikTok Music has launched on Wednesday in Australia, Singapore and Mexico to a small group of users. Jaap Arriens | Nurphoto | Getty Images A federal judge in Montana has blocked a law that would have resulted in a state-wide ban of TikTok starting on Jan. 1, 2024. Judge Donald Molloy explained his rationale for … Read more