Tag Archives: CNBC

Amazon has resumed making drone deliveries in Texas and Arizona after it halted the program earlier this year.

LightSource, a supply chain software startup, has raised $33 million in a funding round led by Bain Capital and Lightspeed.

The government decision helps clear the path for an initial public offering from one of Nvidia’s challengers in artificial intelligence chips.

Tesla had its third-worst quarter ever in the first three months of the year, a stretch that’s corresponded with Elon Musk’s time with the Trump administration.

After waiting over three years for a billion-dollar-plus IPO from a U.S. tech company, Wall Street’s top banks only got a 2.8% fee.

The combined entity would aim to secure American access to mature chips amid potential risks from China competition and tensions between China and Taiwan.

The new tool, called Nova Act, will compete with other agentic AI tools launched by the likes of OpenAI and Anthropic.

CoreWeave rents out access to Nvidia graphics processing units to other large tech and AI companies including Meta, IBM and Cohere.

Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies like semiconductors.