Tag: Elon Musk
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Anthropic and Nscale strike $45 billion cloud deal, sources say
Anthropic will rent around 460 megawatts of compute capacity at an Nscale data center development in West Virgina, according to sources.
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SpaceX plans to build a $100 billion spaceport in Louisiana
SpaceX plans will establish its Starbase LA in Vermillion Parish in order to “support thousands of launches annually.”
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Nvidia’s dependence on hyperscalers faces big test in earnings report
Nvidia is trying to expand its customer base by creating new financing options that allow for more clients to purchase its costly systems.
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CNBC Daily Open: Washington escalates on two fronts; Nvidia earnings in focus
Markets are bracing for more tests this week, including Nvidia’s earnings, an inflation reading, and the Fed’s Jackson Hole symposium.
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CNBC Daily Open: U.S. takes aim at friends and foes alike
Washington flexes its economic power against Canada and Iran, while the bond market pressures Trump administration.
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Meta is the latest tech giant to land in her courtroom. Meet Judge Yvonne Gonzalez Rogers
Judge Yvonne Gonzalez Rogers has presided over a series of landmark tech trials and is now overseeing a case that could have a huge impact on Meta’s future.
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CNBC Daily Open: Watching Iran’s economy; a losing game for bonds
U.S. Treasury Secretary Scott Bessent said the U.S. likely won’t need to restart large-scale combat with Iran.
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California AG Bonta says case against Meta is about ‘restitution and distortion,’ not damages
Following opening arguments in the case against Meta, California Attorney General Bonta said the trial is not about extracting a massive payout.
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OpenAI rolls out ChatGPT for Teens experience with ‘stronger built-in safety protections’
ChatGPT for Teens includes a number of educational features and applies age-appropriate safeguards, OpenAI said.
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Jim Cramer says it’s not too late to own any one of these 4 soaring memory stocks
CNBC’s Jim Cramer said the AI boom has transformed the historically cyclical memory industry, as demand and greater supply discipline support stronger profits.
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