Tag: Breaking News: Technology
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SpaceX falls further in premarket after Starship test flight aborted
SpaceX’s stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
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Chinese startup Moonshot AI unveils Kimi model it says rivals OpenAI, Anthropic
It’s the latest AI model from China to close the performance gap with leading U.S. AI labs.
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Xi pitches China as AI partner to developing world, warns against risks and security overreach
China will provide developing countries with 5,000 opportunities in AI training and seminar programs, as well as develop AI cooperation with various blocs.
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SoftBank sinks 8% as Japanese chip stocks track Wall Street AI sell-off
Japanese AI-linked stocks tumbled as a fresh rout in U.S. semiconductor shares spread across Asia after Taiwan Semiconductor Manufacturing’s outlook failed to reassure investors.
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SpaceX aborts Starship test flight, sending stock lower
Elon Musk said it would make another attempt “hopefully in a few days.” SpaceX completed the maiden test flight of its Starship V3 rocket in May.
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Microsoft’s Nadella criticizes Anthropic’s Fable for being ‘editorially controlled’
Microsoft enjoys close ties to Anthropic, but it’s also working to help companies refine models that keep their data private.
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Alphabet shares fall on report its most powerful AI model Gemini 3.5 Pro is delayed
Alphabet announced the Gemini 3.5 Pro AI in May, saying it was being used internally but wouldn’t be ready for a broader rollout until the following month.
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3 of our stocks rode the AI rally, while 3 others fell out of favor since last month
Ahead of the CNBC Investing Club’s July Monthly Meeting, here’s a look at what moved our three top and bottom performers since our last meeting.
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Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models
Fireworks once relied heavily on revenue from coding startup Cursor, but has diversified in the past year as more companies reach for lower-cost AI models.
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Nvidia unveils new AI model and expands Japan’s physical AI ecosystem
Nvidia announces new AI model, Cosmos 3 Edge, and expansion of its physical AI ecosystems in Japan.
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