Saudi Arabia reportedly in talks with VC firms like Andreessen Horowitz to create mammoth $40 billion AI fund
Saudi Arabia's PIF has been on a buying spree as it seeks to diversify the kingdom's revenues away from oil.
CNBC Technology
Samsung soars more than 5% after report of Nvidia considering its next-gen chips
Shares of South Korean heavyweight Samsung Electronics soared more than 5%.
Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion
Grayscale's CEO said that fees on its flagship bitcoin ETF will come down over time, softening an earlier stance defending costlier than market average fees.
Laid-off techies face 'sense of impending doom' with job cuts at highest since dot-com crash
CNBC spoke to a dozen recently laid-off employees about their experiences navigating an increasingly challenging job market.
Nvidia shares close up after company unveils latest AI chips
Nvidia stock closed up 1% on Tuesday after the company unveiled its latest generation of artificial intelligence chips called Blackwell.
MicroStrategy, largest corporate holder of bitcoin, drops as much as 18% as cryptocurrency falls
Shares of MicroStrategy tumbled on Tuesday with the price of bitcoin, as the company bought even more of the cryptocurrency.
Crypto firm Ledger to launch iPod-inspired crypto wallet in May, after months of delays
The product has reportedly faced production bottlenecks.
Nvidia's latest AI chip will cost more than $30,000, CEO says
Nvidia's next-generation graphics processor for artificial intelligence, called Blackwell, will cost $30,000 to $40,000 per unit, CEO Jensen Huang told CNBC.
Cloud software buyers are getting frugal, leading to slower growth at former highfliers
Companies that sell cloud software are contending with a more cautious spending environment from their existing customers.
World's largest pension fund explores bitcoin as an investment
Japan's government pension fund said it is requesting information on "illiquidity assets" such as bitcoin as part of research into potential new investments.
China's BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe
Following some immediate sales success in new markets last year, BYD is expanding its production and presence in several emerging markets.
UnitedHealth Group has paid more than $2 billion to providers following cyberattack
UnitedHealth Group said it's paid out more than $2 billion in advances to help health-care providers deal with the fallout of last month's cyberattack.
Nvidia and Johnson & Johnson to develop new AI applications for surgery
Johnson & Johnson MedTech and Nvidia are developing new artificial intelligence applications for surgery.
Nvidia CEO Jensen Huang announces new AI chips: 'We need bigger GPUs'
Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models.
YouTuber MrBeast teams up with Amazon's MGM Studios for 'biggest reality competition series ever'
Jimmy Donaldson, also known as MrBeast on the internet, on Monday announced a new reality competition show in collaboration with Amazon MGM Studios.
Alphabet shares up 4% on report Apple is in talks to license Gemini AI for iPhones
According to a Bloomberg report, Apple is in talks with Google to let the iPhone maker license and build its Gemini AI engine into the iPhone.
India wants to be a global chip powerhouse in 5 years
India wants to be among the top five semiconductors producers in the world, said the country's minister of electronics, IT, railways and communications.
Doctors are turning medical generative AI into a booming business
Ambient clinical documentation was the talk of the HIMSS conference in Orlando, Florida, this year.
How Tesla became the top-selling car company in Norway
Tesla accounted for 20% of all vehicles sold in Norway last year. 2023 also marked the third year in a row that Tesla was the top car brand in Norway.
FTC conducting inquiry into Reddit's AI data-licensing practices ahead of IPO
Reddit said in an updated IPO prospectus on Friday that it's being probed by the Federal Trade Commission for its data-licensing practices.
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