Technology

Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco shares jumped about 8% on Thursday and headed for their best day since March 2020, after the computer networking company said it’s cutting 7% of

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates. Jose Sarmento | Bloomberg | Getty Images Tencent-backed payments startup Airwallex is nearing an annual revenue run rate of $500 million and will look to get ready for an initial

An 1:2 scale model of the Anduril Fury, a multi-mission group 5 autonomous air vehicle (AAV), at Anduril’s headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023.  Kyle Grillot | Bloomberg | Getty Images Defense start-up Anduril Industries announced Wednesday that it raised $1.5 billion in funding for its Series F round, valuing the

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel has sold its 1.18 million share stake in British chip firm Arm Holdings, according to a regulatory filing, as the California chip designer shores up its balance sheet

Google announced its first smartphone fully powered by its AI “Gemini” system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front of consumers before Apple, which will launch

SpaceX’s Starship launches its fourth flight test from the company’s Boca Chica launchpad, designed to eventually send astronauts to the moon and beyond, near Brownsville, Texas, U.S. , in this handout picture obtained on June 6, 2024.  Spacex | Via Reuters Elon Musk’s SpaceX violated environmental regulations by repeatedly releasing pollutants into or near bodies

Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO).  Ashish Vaishnav | Sopa Images | Lightrocket | Getty Images Shares of Ola Electric surged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around

Venezuela’s President Nicolas Maduro addresses the media during an event to sign an agreement to recognize the electoral results of the presidential elections of July 28, at the National Electoral Council, in Caracas, Venezuela, June 20, 2024.  Miraflores Palace | Via Reuters Contested Venezuelan President Nicolas Maduro ordered a 10-day ban on social networking site

Former YouTube CEO Susan Wojcicki, who was also one of the most influential early Google employees, has died at the age of 56 according to posts shared online by her husband Dennis Troper and Google CEO Sundar Pichai on Friday night. Wojicki led YouTube for nearly ten years and was one of the only women

OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. Altman and Brockman are still at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. At the time, OpenAI said Musk left to avoid a conflict

The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors. The sell-off in bitcoin and ether began earlier this week and wiped out $367 billion in

X owner Elon Musk (L), and Sen. Elizabeth Warren (D-MA). Reuters Sen. Elizabeth Warren, D-Mass., is asking the Tesla board if it’s looked into CEO Elon Musk’s use of company resources to benefit his other ventures, including SpaceX and xAI. “Tesla’s Board of Directors appears to be failing to meet its fiduciary duties to Tesla’s

GUANGZHOU,CHINA – NOVEMBER 24: A ZEEKR X is on display during the 2023 Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 24, 2023 in Guangzhou, Guangdong province of China. (Photo by Stringer/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images More Chinese electric vehicle brands are launching in Singapore

Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and Markets Authority said Thursday that it has begun a “Phase 1” investigation into Amazon’s investment and

Jaque Silva | SOPA Images | Lightrocket | Getty Images Apple could charge its users up to $20 for its advanced artificial intelligence features, analysts told CNBC, as the company looks to boost the growth of its lucrative services business. The Cupertino giant plans to rollout Apple Intelligence, its forthcoming AI system, across some of

Uber on Tuesday reported second-quarter earnings results that topped Wall Street estimates. The stock jumped 11%. Here’s how the company did for the period ending June 30, compared with what Wall Street was expecting based on a survey of analysts by LSEG: Earnings per share: 47 cents vs. 31 cents expected Revenue:  $10.7 billion vs. $10.57