Perplexity CEO tells CNBC one metric will determine who wins the AI race
The companies that can provide the most economic value from the power their AI uses will ultimately command…
Nvidia-backed AI company tells CNBC its launching major UK expansion
American AI company Runway is planning a major expansion in London, CNBC has learned, following in the wake…
This major AI bottleneck could be solved using light
The AI boom is in many ways a hype cycle like no other. Sure, there are comparisons to…
AI stock surges after an ex-OpenAI employee’s fund disclosed a stake
Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training…
Amazon’s top health exec is stepping down, will be replaced by Amwell co-founder
The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany’s headquarters.…
European companies double down on China manufacturing despite EU de-risking push
A member of the Peoples Armed Police stands guard in front of the flag of the European Union…
AI wealth must benefit the public, South Korea’s deputy PM says
Bae Kyung-Hoon, South Korea’s science and ICT minister, speaks during a memorandum of understanding signing ceremony in Seoul,…
Starlink, U.S. dominance in satellites is ‘dangerous’: Telecoms CEO
The CEO of one of France’s biggest engineering groups told CNBC that Europe mustn’t rely on U.S. infrastructure,…
Bezos dismisses AI bubble concerns: ‘You shouldn’t worry about it’
Amazon founder Jeff Bezos shrugged off concerns of a looming artificial intelligence bubble on Wednesday, telling CNBC that…
Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth
Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock…
Cerebras prices IPO above expected range, Wall Street expects AI flood
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share, above the expected…
Alibaba’s core profit plunges even as AI and cloud growth accelerate
Jaap Arriens | Nurphoto | Getty Images Alibaba on Wednesday said its core profitability plunged in the March…