Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.
CNBC Technology
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.
Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.
Tesla surges after Elon Musk says new affordable EV models coming
Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.
TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban
A TikTok ban could take years due to potential legal challenges, but creators worry about how they'll make a living if it goes away.
Klarna scores major payment deal with Uber ahead of hotly anticipated IPO
The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany and Sweden.
Microsoft, Amazon AI partnerships face scrutiny from British regulators
British antitrust regulators are seeking views on partnerships between Microsoft and Amazon with smaller generative AI model makers.
Elon Musk is keeping investors' dreams of a Tesla robotaxi alive
Tesla CEO Elon Musk continues to promise investors that autonomy is in the company's future even as financials deteriorate.
Sam Bankman-Fried FTX fraud victim tells judge: 'My whole life has been destroyed'
More than four months after he was convicted on seven charges by a New York jury, Sam Bankman-Fried is set to learn how long he'll spend behind bars.
Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman
FTX founder Sam Bankman-Fried will be sentenced in a New York court on Thursday, more than four months after a jury found him guilty of seven criminal charges.
Parent of FTX victim who lost $130,000 asks judge to go easy on SBF, suggests six years in prison versus DOJ's 40-50
Defense submitted additional character references to the court as Judge Lewis Kaplan nears a decision on Bankman-Fried's sentence.
Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back
Sam Bankman-Fried's defense team is trying to convince the judge for a lighter sentence because FTX customers will likely be made whole.
Xi tells Dutch prime minister: No force can stop China’s tech advance
Chinese President Xi Jinping and Dutch Prime Minister Mark Rutte met in Beijing for talks on subjects such as the critical semiconductor industry.
SEC scores big win in lawsuit against crypto exchange Coinbase
The ruling in favor of the SEC comes as Coinbase has become a go-to partner for big Wall Street asset managers looking to offer cryptocurrency trading options.
UnitedHealth Group has paid more than $3 billion to providers following cyberattack
UnitedHealth Group has paid out more than $3.3 billion to providers impacted by Change Healthcare cyberattack
China-made vehicles will comprise a quarter of Europe's EV sales this year, study shows
The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.
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