Tag Archives: CNBC

Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up

Alibaba is offering the price cuts on its visual language model, Qwen-VL, which is designed to perceive and understand both texts and images.

Posted in Tech | Tagged | Comments Off on Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up

The boldest bitcoin predictions for 2025 are in — and most see prices doubling to $200,000

Several industry watchers who spoke to CNBC forecast bitcoin will hit $200,000 in 2025.

Posted in Tech | Tagged | Comments Off on The boldest bitcoin predictions for 2025 are in — and most see prices doubling to $200,000

Ransomware is 35 years old and now a billion-dollar problem. Here’s how it could evolve

Ransomware officially turned 35 in December. The technology has come a long way in that time.

Posted in Tech | Tagged | Comments Off on Ransomware is 35 years old and now a billion-dollar problem. Here’s how it could evolve

Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power

Tech’s biggest companies are turning to nuclear power for their efficiency and sustainability goals and to meet massive energy demands.

Posted in Tech | Tagged | Comments Off on Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power

Google CEO Pichai tells employees to gear up for big 2025: ‘The stakes are high’

In a meeting with employees, Google CEO Sundar Pichai set the stage for 2025, and the expected increase in competition, regulatory hurdles and AI advancements.

Posted in Tech | Tagged | Comments Off on Google CEO Pichai tells employees to gear up for big 2025: ‘The stakes are high’

Google CEO Pichai struggled to navigate a pressure-filled year

Google CEO Pichai notched some AI wins but struggled to navigate a pressure-filled year.

Posted in Tech | Tagged | Comments Off on Google CEO Pichai struggled to navigate a pressure-filled year

OpenAI says it needs ‘more capital than we’d imagined’ as it lays out for-profit plan

OpenAI said in a blog post Friday that heading into 2025, “we have to becomean enduring company,” which requires changing its structure.

Posted in Tech | Tagged | Comments Off on OpenAI says it needs ‘more capital than we’d imagined’ as it lays out for-profit plan

Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon’s Zoox loom

Waymo may have outlasted GM’s Cruise to lead the U.S. market but Elon Musk’s Tesla and Amazon’s Zoox are working to catch up.

Posted in Tech | Tagged | Comments Off on Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon’s Zoox loom

Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom

Oracle shares have jumped 63% in 2024 and are headed for their best year since 1999, adding over $75 billion to Larry Ellison’s net worth.

Posted in Tech | Tagged | Comments Off on Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom

AI and crypto drove gains in this year’s top 5 tech stocks

The promises of artificial intelligence and the rally in crypto prices were the main drivers of the best-performing tech stocks of 2024.

Posted in Tech | Tagged | Comments Off on AI and crypto drove gains in this year’s top 5 tech stocks