In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images Tiger Global is planning to join OpenAI’s buzzy new funding round that would value the artificial intelligence startup at more than $150 billion, according to … Read more
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, Feb. 20, 2024. Brendan Mcdermid | Reuters Shares of Adobe fell more than 9% on Friday, a day after the software company released third-quarter results that offered worse-than-expected guidance for the fourth quarter. Adobe … Read more
A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Uber announced Friday it is expanding its partnership with Alphabet’s Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Uber … Read more
My top 10 things to watch Friday, Sept. 13 1. The S & P 500 is trying close out the second week of September trading with its fifth straight positive session. What a difference a week makes. The index has now erased almost all of last week’s bruising losses. At our September Monthly Meeting for … Read more
The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil, Albemarle, and Standard Lithium make significant investments in the state. This comes at a time when global demand for lithium, driven by electric vehicles and energy-storage needs, continues to grow. In 2023, global lithium consumption reached 180,000 metric … Read more
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on August 24, 2024 in San Diego, California. Kevin Carter | Getty Images United Airlines said Friday that it plans to offer inflight Wi-Fi from SpaceX’s Starlink for free on its hundreds of jetliners, the biggest inflight … Read more
Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, 2019. Smith Collection | Gado | Archive Photos | Getty Images Activist investor Engine Capital has a roughly 4% stake in freelance marketplace Upwork and is pushing for a shakeup to the company’s board. In … Read more
As the riots raged in the U.K., Elon Musk began making incendiary comments about the situation, including the statement: “Civil war is inevitable.” Musk is the owner of X, the social media platform formerly known as X. Aytug Can Sencar | Anadolu | Getty Images LONDON — The U.K. government has had “constructive” talks with … Read more
Workers stage a protest to demand higher wages and recognition of their union, at Samsung India’s plant in Sriperumbudur, near Chennai on September 11, 2024. R.satish Babu | Afp | Getty Images Shares of Samsung Electronics fell as much as 3% on Friday, as workers at its southern Indian plant continued to strike, disrupting production … Read more
Saudi Arabia is optimistic about gaining access to U.S. chipmaker Nvidia’s high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models. Speaking to CNBC on Thursday, a top official at the Saudi Data and AI Authority, Abdulrahman Tariq Habib, said the kingdom expected to make such a stride in … Read more
