UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China
The investment comes as the U.K. hosts its landmark AI safety summit, which is being held in Bletchley Park, the home of the World War II codebreakers.
CNBC Technology
Qualcomm gives strong forecast, signaling chip slump recovery
At the midpoint of Qualcomm's guidance, revenue will grow slightly during the current quarter compared to last year.
Airbnb beats on revenue but offers weaker-than-expected guidance
Airbnb reported third-quarter results after the bell, beating analyst revenue and total bookings consensus estimates but offering weaker-than-expected guidance.
Etsy shares slip on light revenue and forecast decline in gross merchandise sales
Etsy released third-quarter earnings after the bell Wednesday.
Match Group stock plunges after decline in people paying for Tinder
Match Group shares plummeted Wednesday after the company released its third-quarter earnings Tuesday.
AMD stock jumps more than 9% on strong 2024 AI chip projections
AMD stock jumped Wednesday after the company said it expects to bring in more than $2 billion in revenue from its data center GPU revenue.
China says it will back global consensus on AI amid tech clash with U.S.
Wu Zhaohui, China's vice minister of science and technology, said the country was willing to "enhance dialogue and communication in AI safety with all sides.
Apple expected to post fourth consecutive quarterly sales decline Thursday
Analysts haven't missed Apple's lack of growth this year and want to see the company thriving again.
Microsoft starts selling AI tool for Office, which could generate $10 billion a year by 2026
The Microsoft 365 Copilot tool will appear in Word, Excel and other Office programs and cost $30 per person per month.
New Apple Watch to detect blood pressure, sleep apnea; health coach service planned: Report
Apple reportedly plans to add a blood pressure sensor and sleep apnea detection in the 2024 Apple Watch, in addition to a new health coaching service.
How Apple's thinking about AI spending and deployment differs from Big Tech rivals
Microsoft, Google, Meta and Amazon talk up their generative AI chatbots and large language models. Apple is mostly quiet, but it's made many AI acquisitions.
Orsted cancels two New Jersey offshore wind projects, takes $4 billion writedown
The Danish wind developer Orsted announced a $4 billion impairment and canceled two offshore New Jersey wind projects.
Splunk to cut 7% of workforce, or about 500 employees, ahead of Cisco acquisition
Cybersecurity firm Splunk will fire about 500 employees, CEO Gary Steele said, adding that it was not a result of the $28 billion Cisco deal.
Allstate, Allianz invest $265 million in Next Insurance in a big bet on insuretech
Allstate and Allianz have made a $265 million strategic equity investment in small business-focused insuretech startup Next Insurance.
Elon Musk is in the UK for a pivotal summit on AI — here's who's going
The summit will be a chance for Prime Minister Rishi Sunak to put the U.K. at the heart of the global conversation around artificial intelligence safety.
Doctors have a new way to scrub personal information from internet after spike in harassment
Doximity announced a free new service called DocDefender that can remove a physician's personal phone numbers and addresses from public websites
Southeast Asia's digital economy – from e-commerce to online media – is set to hit $218 billion in 2023, report shows
Southeast Asia's digital economies are set to reach $218 billion in transaction value in 2023, jumping 11% year-on-year despite global macroeconomic headwinds.
Google DeepMind boss hits back at Meta AI chief over ‘fearmongering’ claim
Demis Hassabis said that Google DeepMind wasn't trying to achieve "regulatory capture" when it came to the discussion on how best to approach AI.
Microsoft releases big Windows 11 update with Copilot AI assistant included
Microsoft is bringing an artificial intelligence assistant to its next-generation PC operating system. It might prove more informative than Siri on the Mac.
Chinese tech giant Alibaba launches upgraded AI model to challenge Microsoft, Amazon
Alibaba announced Tongyi Qianwen 2.0, its latest large language model, as the Chinese giant looks to compete with U.S. rivals like Amazon and Microsoft.
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