One day after its strong earnings report, General Motors (GM) pushed forward into its tech capabilities, revealing new products like “eyes-off” autonomous driving for its vehicles, conversational AI with the help of Google (GOOG, GOOGL), and a type of robot called a “cobot” that will help GM assemble its cars of the future. At an […]
One of the most prominent companies in the world today is Amazon (NASDAQ: AMZN). But when most people think of the tech giant, they think of its dominant e-commerce platform and the Prime subscription service that supports it. However, Amazon is a veritable conglomerate, with myriad products and services in both the consumer and enterprise segments. For those […]
Alphabet Inc.’s Google will supply up to 1 million of its specialized AI chips to Anthropic PBC, a deal worth tens of billions of dollars that deepens its partnership with the fast-growing artificial intelligence startup. The arrangement, announced Thursday, gives Anthropic vastly more computing capacity while cementing Google’s position as both a major investor and […]
Intel (INTC) stock jumped as much as 7% after the bell Thursday as the chipmaker reported third quarter earnings and revenue that topped Wall Street’s expectations. Intel reported $13.7 billion in revenue for the three months ended Sept. 27, higher than the $13.15 billion expected by analysts tracked by Bloomberg and $13.28 billion the previous […]
Nvidia has been one of the most talked about and rewarding stocks on the market in the past couple of years because of its role in the artificial intelligence (AI) ecosystem. However, a smaller, lesser-known AI stock has crushed Nvidia’s returns this year: SuperX AI Technology (NASDAQ: SUPX). This year, Nvidia’s stock is up 30%, […]
Coinbase is linking artificial intelligence directly to crypto payments with a new system built on the Model Context Protocol that lets AI agents hold wallets, send stablecoin payments, and interact with online services. The launch of Payments MCP connects AI to on-chain value transfer at scale, giving machines the ability to transact autonomously through a […]
Netflix (NFLX) co-CEO Ted Sarandos pushed back on merger speculation Tuesday following Warner Bros. Discovery’s (WBD) announcement that it’s exploring breakup options, including a potential sale of the entire company. “We’ve been very clear in the past that we have no interest in owning legacy media networks,” Sarandos said on the company’s third-quarter earnings call. […]
Anthropic PBC is in discussions with Alphabet Inc.’s Google about a deal that would provide the artificial intelligence company with additional computing power valued in the high tens of billions of dollars, according to people familiar with the matter. The plan, which has not been finalized, involves Google providing cloud computing services to Anthropic, according […]
Netflix (NFLX) will report third quarter earnings after the bell on Tuesday as investors look for signs of momentum across its advertising business and live programming slate following a volatile stretch for the stock. Shares have climbed about 40% year to date but have underperformed the broader market and tech peers in recent months amid […]
Apple’s (AAPL) stock price hit an all-time high on Monday, closing out the day up nearly 4% after Counterpoint Research published a report saying initial iPhone 17 sales have outpaced iPhone 16 sales in the US and China. According to the report, iPhone sales jumped 14% year over year in the first 10 days the […]
Nvidia’s (NVDA) own Big Tech customers are poised to capture a sizable slice of the AI chip market — a dynamic that could eventually dig into the chipmaker’s profit margins. Tech giants have been making moves to bolster their in-house chipmaking businesses. ChatGPT developer OpenAI (OPAI.PVT) — a big customer of Nvidia’s chips by way […]
BEIJING (Reuters) -Apple’s (AAPL) iPhone 17 series outperformed its predecessor in early sales in China and the United States, research firm Counterpoint said on Monday. The newer models outsold the iPhone 16 series by 14% during their first 10 days of availability in the two countries, Counterpoint said in a report. Sales of the base […]
