Chinese EV makers continue aggressive push into Europe under growing threat of tariffs
Nio, Xpeng and BYD have continued their European expansion even as an ongoing EU probe into Chinese electric vehicle subsidies could result in tariffs.
CNBC Technology
Nvidia CEO Jensen Huang's net worth swells from $3 billion to $90 billion in five years
With Nvidia's stock price rising over 9% on Thursday to close at almost $1,038, the value of CEO Jensen Huang's stake rose by $7.7 billion.
Former TikTok CEO Kevin Mayer says AI hype is at an all-time fever pitch right now
Former TikTok CEO and Candle Media co-CEO Kevin Mayer believes the hype around artificial intelligence has reached a crescendo.
OpenAI sends internal memo releasing former employees from controversial exit agreements
OpenAI on Thursday sent an internal memo releasing former employees from non-disparagement agreements that did not expire, which had incited controversy.
Nvidia shares close at record high after forecast signals unwavering demand for AI chips
Nvidia shares jumped Thursday to record highs after the company topped Wall Street estimates for the fiscal first quarter.
Autos giant Peugeot is trialing driverless tech — with a twist — for Amazon-style deliveries
French car giant Peugeot told CNBC it has partnered with German startup Vay to test the use of "teledriving" technology.
Tesla CEO Elon Musk says he favors 'no tariffs' on Chinese EVs
Elon Musk said at a conference in Paris on Thursday that he doesn't agree with President Biden's tariff on Chinese-made electric vehicle imports.
Tesla could use more of Elon Musk's focus, former board member says
Tesla could use more of high-profile CEO Elon Musk's divided focus at a critical juncture for the electric vehicle industry, former board member Steve Westly said Thursday.
DocuSign chief says company focused on growing as a public entity after reports of private equity interest
DocuSign CEO Allan Thygesen said the online contract-signing platform is committed to staying public after rumored takeover interest from private equity firms.
Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale
Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds.
Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giants
Alibaba is betting on international expansion and its AI products to reignite growth at its struggling cloud computing division.
Nvidia shows no signs of AI slowdown after over 400% increase in data center business
Nvidia finance chief Colette Kress told investors on Wednesday that cloud providers were seeing an "immediate and strong return" on investment.
Elon Musk predicts smarter-than-humans AI in 2 years. The CEO of China's Baidu says it's 10 years away
Robin Li, the CEO of Baidu said artificial intelligence that is smarter than humans, or AGI, is more than 10 years away.
China's largest chipmaker SMIC is now the No. 3 foundry in the world, Counterpoint says
China's largest chipmaker SMIC rose to third spot in global foundry revenue in the first quarter, according to Counterpoint Research.
Nvidia shares pass $1,000 for first time on AI-driven sales surge
Nvidia reported earnings after the bell. Here are the results.
Embattled AI firm Appen loses more executives, months after Alphabet cut ties
Appen, the AI firm that once counted Google, Microsoft and Nvidia as clients, has lost its executives in charge of of revenue and marketing.
Nvidia announces 10-for-1 stock split after AI-driven boom in share price
Alongside its quarterly earnings report on Wednesday, Nvidia announced a 10-for-1 stock split in step with similar moves by other Big Tech names.
News Corp. and OpenAI strike 'multi-year global partnership' deal to use journalistic content to improve ChatGPT
OpenAI and News Corp. on Wednesday entered into a "multi-year global partnership" that will allow OpenAI to display News Corp.-owned articles within ChatGPT.
A Microsoft under attack from government and tech rivals after 'preventable' hack ties executive pay to cyberthreats
Microsoft will base some executive pay on cybersecurity after the government and rivals beat up on it for failure to stop a Chinese hack. Others may follow.
DeepL, a European rival to Google Translate, rides AI hype to a $2 billion valuation
AI-powered translation tool DeepL is now valued at $2 billion, double what it was worth when it last raised capital.
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