It’s understandable why so many investors have eyes on Nvidia — the value of its stock has soared by over 142% since the beginning of 2024. The computing company reported its second fiscal quarter earnings after the stock market’s close on Wednesday, beating analysts’ expectations, according to LSEG estimates. Nvidia reported $30.04 billion in revenue … Read more
In a separate analysis conducted this week, data journalist Ben Welsh found that just over a quarter of the news websites he surveyed (294 of 1,167 primarily English-language, US-based publications) are blocking Applebot-Extended. In comparison, Welsh found that 53 percent of the news websites in his sample block OpenAI’s bot. Google introduced its own AI-specific … Read more
Autonomous cars are coming. Slowly. The rosy predictions that we heard back in 2016 proved to be overblown, and research and development have cost companies billions and billions of dollars, but robotaxis are already on the road today. It hasn’t gone perfectly, but it’s going. So how are companies approaching the ethical issues surrounding the … Read more
In this photo illustration OpenAI icon is displayed on a mobile phone screen with the photo of Sam Altman, chief executive officer of OpenAI. Didem Mente | Anadolu | Getty Images OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned. … Read more
Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Shares of Super Micro Computer tumbled more than 23% on Wednesday, after the company announced it would not file its annual report for the fiscal year with … Read more
ChatGPT has already wreaked havoc on classrooms and changed how teachers approach writing homework, since OpenAI publicly launched the generative AI chatbot in late 2022. School administrators rushed to try to detect AI-generated essays, and in turn, students scrambled to find out how to cloak their synthetic compositions. But by focusing on writing assignments, educators … Read more
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia reports second fiscal-quarter earnings Wednesday after the bell. Here is what Wall Street expects from the chipmaker in the quarter ending in July, according to LSEG estimates: Earnings per share: 64 cents adjusted … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. 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 to know, … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | 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 … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. 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 to know, … Read more
