France’s AI push puts it on the rise

France’s AI push puts it on the rise

In the 13th arrondissement of the French capital Paris is an old rail freight station that has been converted into the world’s biggest startup campus. Known as Station F, the massive complex, which can house 1,000 startups and has corporate partners including U.S. tech giants like Meta and Google, underscores France’s push over the last … Read more

Micron slides, Amazon’s $2 trillion

Micron slides, Amazon’s  trillion

A trader works on the floor of the New York Stock Exchange (NYSE) during morning trading on March 4, 2024 in New York City.  Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Amazon enters $2 trillion club

Micron slides, Amazon’s  trillion

Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

Amazon reaches $2 trillion market cap for the first time

Amazon reaches  trillion market cap for the first time

Amazon CEO Andy Jassy. CNBC Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon joins Nvidia, Apple, Alphabet and Microsoft, all of which are worth $2 trillion or more. Investors have piled into tech stocks recently … Read more

Google testing facial recognition technology for security near Seattle

Google testing facial recognition technology for security near Seattle

Josh Edelson | AFP | Getty Images Google is testing facial recognition technology for office security “to help prevent unauthorized individuals from gaining access to our campuses,” according to a description of the program that was viewed by CNBC. The initial test is taking place at one of Alphabet’s sites in Kirkland, Washington, a Seattle … Read more

YouTube dominates streaming, forces media companies to adapt

YouTube dominates streaming, forces media companies to adapt

It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it’s no longer just dominating the internet, it’s dominating the living room, too. YouTube made up 9.7% of … Read more

Britain looks to upstage France with play for world’s third major AI hub

Britain looks to upstage France with play for world’s third major AI hub

City of London skyline view looking over the River Thames and Waterloo Bridge at sunset on 10th February 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — Global tech entrepreneurs and investors are talking up the U.K.’s potential to become an artificial intelligence powerhouse rivaling the likes of the … Read more

Waymo opens robotaxi service to all San Francisco users

Waymo opens robotaxi service to all San Francisco users

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Waymo robotaxis are now open to all users in San Francisco, expanding the self-driving ride-hailing service, which has been available in the city to a limited number of riders. In a blog post on … Read more

Nvidia (NVDA) stock rout leaves global chip shares volatile

Nvidia (NVDA) stock rout leaves global chip shares volatile

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Global semiconductor stocks saw volatile trading on Tuesday after a slump in shares of Nvidia during the previous session. Shares of chip firms in Europe and Asia fell in early trade as investors reacted … Read more

Google AI Uses Enough Electricity In 1 Second To Charge 7 Electric Cars

Google AI Uses Enough Electricity In 1 Second To Charge 7 Electric Cars

Image: ChargePoint Nobody asked for this AI search bullshit, Google. Not only are the AI generated responses demonstrably worse than normal, they’re infringing on intellectual property rights, killing traditional media, and—thanks to a new Jacobin report we now know—soaking up gobs of electricity in the process. Artificial intelligence-powered search engines are an all-around bad idea, … Read more