New York AG announces $2 billion settlement with crypto lender Genesis
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to repay defrauded investors.The company, ...
Tag: Breaking News: Technology
$9 billion travel tech firm Navan on track to hit profitability this year and ‘not far’ from IPO, CEO says
TripActions CEO Ariel CohenTripActionsThe boss of travel and expense management platform Navan told CNBC he's preparing the company to get ...
Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions
A man walks past Microsoft's local headquarters in Beijing on July 20, 2021. Noel Celis | Afp | Getty ImagesMicrosoft has ...
Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New ...
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
The trading floor of the New York Stock Exchange prepares for the social media platform Reddit's initial public offering in ...
Microsoft’s Mistral partnership avoids merger probe by British regulators
The Microsoft logo is displayed on a smartphone.Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesThe U.K.'s Competition and ...
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
Michael Intrator, CEO of CoreWeave, participates in a CNBC interview on May 9, 2024.CNBCFresh off a $1.1 billion equity funding ...
BlackRock funds are ‘crushing shareholder rights,’ says activist Boaz Weinstein
Boaz Weinstein, founder and chief investment officer of Saba Capital Management, during the Bloomberg Invest event in New York, US, ...
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla's massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it's cutting ...
OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced ...
