Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up
Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi.Sopa Images | Lightrocket | ...
Tag: business news
AI startup Metropolis, biggest parking lot operator in U.S., raises $1.6 billion for major retail expansion
Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has ...
Auto repair chain Monro soars after Carl Icahn takes 15% stake to become largest shareholder
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.David A. Grogan | CNBCBillionaire investor Carl Icahn ...
Chinese autonomous driving firm Pony.ai sees shares drop 14% in Hong Kong debut
A Pony.ai autonomous car.Pony.aiChina's Pony.ai on Thursday saw its shares drop over 14%, while rival WeRide fell nearly 12% as ...
Lucid misses Wall Street expectations, narrows production guidance
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, ...
Prediction market traders slash odds Trump tariffs survive Supreme Court ruling
A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set ...
Snap shares rocket 15% on strong forecast, $400 million Perplexity deal
Snap shares climbed 15% on Wednesday after the company issued its third-quarter earnings, reporting revenue that beat analysts expectations and ...
Taser maker Axon plunges 11% after earnings fall short due to tariff hit
Rick Smith, CEO of Axon Enterprises.Adam Jeffery | CNBCAxon Enterprise's stock plummeted 11% after the Taser maker missed Wall Street's ...
Xpeng to let other carmakers use its partly-autonomous driving system
Chinese electric car company Xpeng announced on Nov. 5, 2025, it is releasing a new version of its driver-assist system.CNBC ...
UPS cargo plane crash near Louisville airport kills at least 7, injures 11
Fire and smoke mark where a UPS cargo plane crashed near Louisville Muhammad Ali International Airport on Nov. 4, 2025 ...
