Technology

Nikos Pekiaridis | Nurphoto | Getty Images Ether slipped on Friday even after the Securities and Exchange Commission approved a rule change that will pave the way for exchange traded funds that buy and hold the cryptocurrency. The price of ether fell 2% to around $3,700.00, according to Coin Metrics. It’s holding on to its

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California.  Justin Sullivan | Getty Images Nvidia shares jumped more than 9% on Thursday after the company on Wednesday reported earnings that topped Wall Street estimates and showed that there’s

Attendees walk through an expo hall during Amazon Web Services’ Reinvent conference at the Venetian in Las Vegas on Nov. 29, 2022. Noah Berger | Getty Images Entertainment | Getty Images In May 2023, Amazon CEO Andy Jassy was asked by an attendee at the annual shareholder meeting how the company was innovating in generative

Nvidia‘s historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence processors. Now, Nvidia is signaling to investors that the customers spending billions of dollars on its chips will be able to make money off AI, too.

Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon’s plans.  The Seattle-based tech and retail giant will launch a more conversational version of Alexa later this year, potentially positioning it

For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page filing Tuesday, Uniswap Labs —

Omar Marques | Lightrocket | Getty Images Cryptocurrencies rose Tuesday amid a late surge in optimism around the U.S. Securities and Exchange Commission’s decisions on spot ether exchange-traded funds applications, the first of which is due this week. Ether led the rally, rising 12% to $3,785.42, according to Coin Metrics, after rocketing 20% on Monday.

Actor Scarlett Johansson says OpenAI CEO Sam Altman used a voice similar to hers for its artificial intelligence voice software despite declining his invitation for its use. The response comes after OpenAI said it would pull its ChatGPT AI voice dubbed “Sky”, which launched last week amid controversy over it sounding like Johansson’s voice in

An aerial view of the city of San Francisco skyline and the Golden Gate Bridge in California, October 28, 2021. Carlos Barria | Reuters LONDON — The British government is expanding its facility for testing “frontier” artificial intelligence models to the United States, in a bid to further its image as a top global player

The Microsoft logo is displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images The U.K.’s Competition and Markets Authority cleared Microsoft’s artificial intelligence partnership with Mistral of regulatory concerns after previously inviting views on whether the arrangement qualified as a merger. The CMA said in a brief update Friday that

Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Lucas Jackson | Reuters Microsoft‘s Build developer conference kicks off on Tuesday, giving the company the opportunity to showcase its latest artificial intelligence projects, following high-profile events this month hosted

Boaz Weinstein, founder and chief investment officer of Saba Capital Management, during the Bloomberg Invest event in New York, US, on Wednesday, June 7, 2023.  Jeenah Moon | Bloomberg | Getty Images Boaz Weinstein, the hedge-fund investor on the winning side of JPMorgan Chase’s $6.2 billion, “London Whale” trading loss in 2011, is now taking

OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced the group, a person familiar with the situation confirmed to CNBC on Friday. The person, who spoke on condition of anonymity, said some of the team members are being reassigned to multiple other teams within

As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The latest round of layoffs eliminated roles across the board — from entry-level positions to directors — and hit

Michael Intrator, CEO of CoreWeave, participates in a CNBC interview on May 9, 2024. CNBC Fresh off a $1.1 billion equity funding round, artificial intelligence infrastructure startup CoreWeave has raised $7.5 billion in debt to more heavily invest in its cloud data centers. Blackstone’s funds led the lending round, with participation from Coatue, Carlyle, BlackRock

Shailendra Singh, managing director of Peak XV Partners. Lionel Ng | Bloomberg | Getty Images India offers a “very favorable” environment for companies to launch initial public offerings, said Shailendra Singh, managing director at Peak XV Partners, formerly Sequoia Capital India & Southeast Asia. “My general view is, especially in Indian public markets, the regulatory