Tag: Breaking News: Technology
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Jim Cramer says IBM’s 25% plunge isn’t enough to make the stock a buy
CNBC’s Jim Cramer said IBM’s sharp sell-off isn’t enough to make the stock a buy.
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Jim Cramer says concerns about AI market froth are overblown. Here’s why
CNBC’s Jim Cramer said today’s stock market is far less concerning than it was during the dot-com bubble.
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Employees sue Meta, alleging discrimination in using AI to make layoffs
The lawsuit filed by current and former Meta employees underscores rising concerns about AI’s impact on jobs and people with disabilities in the workforce.
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Cybersecurity stocks rally on AI spending change comments from IBM’s Krishna
IBM CEO Arvind Krishna told CNBC’s Sara Eisen that some major deals were put on hold toward the end of the quarter as businesses rethink spending.
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Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S.
Zipline is growing its drone delivery business in the U.S., and has hired former Tesla, Uber Eats and Waymo executives to help it scale up in new markets.
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New York becomes first U.S. state to impose AI data center ban
New York became the first U.S. state to ban the construction of new large-scale AI data centers after Governor Kathy Hochul signed an executive order Tuesday.
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Apple in talks with startup that shrinks AI models to run on an iPhone
PrismML says its compressed version of Alibaba’s Qwen model uses up to 15 times less memory, potentially advancing Apple’s AI push.
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U.S. trade official says ‘very few’ Nvidia H200 AI chips have been shipped to China
The remark is a sign that H200 shipments to China have restarted, potentially boosting Nvidia’s sales even higher.
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Jim Cramer says don’t bite on Apple sell call; buy his new chip favorite
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Chamath Palihapitiya says soaring AI token spend will hit companies’ earnings
Palihapitiya is part of a growing chorus of investors and tech executives who are cautioning that the tokenmaxxing era is coming to an end.
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