Tag Archives: CNBC

Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative

Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags that complicate a potential debut.

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Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks

CoreWeave, an Nvidia-backed AI startup that rents out GPUs to companies, announced Friday that it has a new $650 million credit line to expand its business.

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Tesla shares drop 5% in premarket after Cybercab robotaxi reveal fails to impress

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Salesforce’s UK chief urges government not to regulate all AI companies in the same way

Salesforce’s CEO of U.K. and Ireland told CNBC the firm takes all legislation “seriously” but wants anticipated regulations to be “proportional and tailored.”

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Elon Musk hypes $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event

Tesla’s long-awaited robotaxi event started almost an hour late on Thursday and included more big promises from Elon Musk.

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Microsoft will let people buy games through Xbox app on Android in November after Google antitrust ruling

Microsoft is keen on boosting its mobile gaming position. A judge’s decision this week opened the way to do so on Android devices.

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Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk

Tesla’s robotaxi event on Thursday will test investors faith in Elon Musk’s vision

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AMD launches AI chip to rival Nvidia’s Blackwell

Advanced generative AI such as OpenAI’s ChatGPT requires massive data centers full of GPUs, which has created demand for more companies to provide AI chips.

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Microsoft announces new AI tools to help ease workload for doctors and nurses

Microsoft announced a series of new health-care data and AI tools for clinicians on Thursday.

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OpenAI chair Bret Taylor talks AI agents, regulation and the tech’s current boom

Bret Taylor, board chairman of OpenAI, joined CNBC’s Squawk on the Street Thursday to discuss his AI startup Sierra.

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