Dell stock surges 9% on optimism company has big AI server orders

Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024. Joan Cros | Nurphoto | Getty Images Dell shares rose more than 11% on Wednesday to an all-time high after Morgan Stanley raised its price target and predicted that the company would … Read more

Uber announces Uber Shuttle, Uber Caregiver, Costco perks

Uber on Wednesday announced several new product updates at the company’s annual Go-Get showcase in New York City that aim to help its customers save money on rides and food. The product updates reflect Uber’s continued push to drive growth and demand across its mobility and delivery business segments. The new features could help the … Read more

Nio’s Onvo brand undercuts Tesla Model Y

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model Y. Deliveries for Onvo’s first … Read more

Instagram co-founder Mike Krieger joins Amazon-backed Anthropic

Omar Marques | Lightrocket | Getty Images Instagram co-founder Mike Krieger will join Anthropic as chief product officer, the company announced Wednesday. Krieger, the former chief technology officer of Meta-owned Instagram, grew the platform to 1 billion users and increased its engineering team to more than 450 people during his time there, per a release. … Read more

Sony-backed Raspberry Pi heads for rare London IPO

A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images British computing startup Raspberry Pi on Wednesday said it plans to list in London, in a rare win for the U.K. stock market. Raspberry Pi, which makes tiny single-board computers, is considering an initial public offering on … Read more

Amazon goes head to head with media giants in Upfronts ads debut

Rafael Henrique | Lightrocket | Getty Images Amazon has become a growing threat to digital ad incumbents Meta and Google, attracting billions of dollars a quarter from brands that are trying to reach the masses of consumers who swarm to the site on a daily basis. But it’s no longer just about digital ad dollars, … Read more

Baidu’s robotaxi unit expects to turn profitable next year

A driverless robotaxi autonomous vehicle developed by Baidu Apollo driving along a street in Beijing. Jade Gao | Afp | Getty Images SHANGHAI — Chinese tech company Baidu said Wednesday its Apollo Go robotaxi arm expects to turn profitable next year. The projection comes as Elon Musk has emphasized his plans to build up Tesla’s … Read more

Google will ‘sort it out’ if OpenAI misused YouTube for AI

Alphabet CEO Sundar Pichai speaks at the Asia-Pacific Economic Cooperation CEO Summit in San Francisco on Nov. 16, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet CEO Sundar Pichai said Google will “sort it out” if it determines Microsoft-backed OpenAI relied on YouTube content to train an artificial intelligence model that can generate … Read more

OpenAI co-founder Ilya Sutskever says he will leave the startup

Sam Altman (L), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company’s co-founder and chief scientist Ilya Sutskever, speak together at Tel Aviv University in Tel Aviv on June 5, 2023. Jack Guez | Afp | Getty Images OpenAI co-founder Ilya Sutskever said Tuesday that he’s leaving the … Read more

Gemini AI updates, new search features and more

Google CEO Sundar Pichai speaks at the Google I/O developer conference.  Andrej Sokolow | Picture Alliance | Getty Images Google on Tuesday hosted its annual I/O developer conference, and rolled out a range of artificial intelligence products, from new search and chat features to AI hardware for cloud customers. The announcements underscore the company’s focus … Read more