Tag: Breaking News: Technology
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California’s counting on an IPO tax windfall. Several factors are complicating the equation
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
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Nearly 80% of data center capacity is at elevated risk to climate hazards like flooding and fire, study says
The vast majority of data centers globally face either acute risk from climate change events or chronic risk from ongoing climate issues like extreme heat.
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Intel rises 9% after Trump says company will partner with Apple on U.S. chip design
The boost continues Intel’s recent rally as the chipmaker bounces back from years of headwinds.
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SpaceX shares hold steady after three-day rally loses steam
Investor bullishness showed signs of waning on Wednesday, as shares sank 5%.
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Google Gemini co-lead Noam Shazeer leaves for OpenAI
Google’s vice president of engineering and a co-leader of its Gemini AI models announced Wednesday he is leaving the company to join OpenAI.
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Jim Cramer says this chipmaker is still a buy after soaring more than 200% this year
CNBC’s Jim Cramer named Intel as his top stock pick, arguing that investors should focus on the company’s future AI opportunities.
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SpaceX adds longtime Elon Musk ally Roelof Botha to board
Roelof Botha, who worked with Elon Musk at PayPal in the dot-com era before becoming a prominent venture capitalist, is joining the SpaceX board.
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Amazon has lagged OpenAI and Anthropic, but AI chief sees path to catch up in ‘coming year’
Amazon’s Nova2 model is behind the latest releases from LLM leaders OpenAI and Anthropic.
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CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
Tech leaders and heads of state, including President Donald Trump, joined a meeting about AI standards at the G7 Summit.
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Allbirds continues AI pivot with name change and CEO hire, sending stock soaring
Allbirds became NewBird AI in April and said it would trade shoes for AI compute infrastructure.
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