Technology

AMD launched a new artificial intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI chips are seen

Jakub Porzycki | Nurphoto | Getty Images   U.S. blockchain startup Ripple made a major foray into crypto custody on Thursday, launching new services aimed at helping banks and financial technology firms to store digital assets on behalf of clients. The San Francisco-based company told CNBC it is debuting a slew of features to enable

Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings season in the coming weeks, when top customers like Meta,

U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The

Picture Alliance | Picture Alliance | Getty Images American Water, the largest water utility in the U.S., disclosed that it had been hit by a cyberattack. The Camden, New Jersey-based company said in a security statement on its website that it had learned of “unauthorized activity in our computer networks and systems” last Thursday, which

Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of

Character actors from the Epic Games Fortnite video game dance during the E3 Electronic Entertainment Expo in Los Angeles on June 12, 2019. Kyle Grillot | Bloomberg | Getty Images A U.S. judge issued a permanent injunction on Monday that will force Google to offer alternatives to its Google Play store for downloading apps on

Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services. Jaap Arriens | Nurphoto via Getty Images Tensions are escalating between banking and payment companies and social media firms in the U.K. over who should be liable for compensating people if they

Real estate agent and reality television star Ryan Serhant. Newspix Real estate has been historically slow to modernize, but AI is changing that. The integration of artificial intelligence is transforming how buyers and sellers interact with agents, fundamentally altering competitive dynamics in the industry.  With AI reshaping daily operations of a real estate agent’s business

Automattic founder, Matt Mullenweg Source: Automattic Matt Mullenweg, who turned 40 in January, has now spent more than half his life working on WordPress. He’s never had such an insane two weeks. WordPress, best known as a leading content management system, has hundreds of millions of sites currently using its templates, tools and plugins. But

In 2012, Amazon founder Jeff Bezos was asked by TV host Charlie Rose whether his e-commerce company would ever venture into brick-and-mortar stores. Bezos said shoppers were well-served by existing physical retailers and that Amazon wasn’t interested in launching a “me-too” product. “We want to do something that’s uniquely Amazon,” Bezos said. “If we can

Ben Horowitz (right), Andreessen Horowitz partner talks about artificial intelligence and jobs at the TANIUM CONVERGE16 conference San Francisco. Harriet Taylor | CNBC Less than three months after announcing plans to contribute to political action committees supporting Donald Trump’s presidential campaign, venture capitalist Ben Horowitz says he’s donating to Vice President Kamala Harris‘ election bid, CNBC

The Ubisoft logo displayed during the Brand Licensing Europe at ExCel London on September 24, 2024. John Keeble | Getty Images Shares of French video game publisher Ubisoft surged more than 30% on Friday after a media report that Tencent and the firm’s founding Guillemot family are considering a potential buyout of the company. Bloomberg

At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s second richest person. Zuckerberg’s net worth reached $206.2

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech

A user wearing an Oura Ring Courtesy: Oura Oura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at $349.  The company’s rings track sleep, exercise, stress, heart health and other metrics to help users understand their bodies and make healthier choices. The Oura Ring 4 has new sensors,