AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang
Nscale, the UK-headquartered AI infrastructure provider.Courtesy: NscaleTwo years ago, Nscale was a brand new startup in the U.K. that had ...
Tag: business news
Spirit CEO says struggling airline will slash flights, braces employees for more job cuts
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in ...
Netskope prices IPO at $19, valuing company at $7.3 billion
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesCybersecurity company Netskope is eying a $7.3 billion valuation after pricing ...
Here are five key takeaways from the Fed’s big interest rate decision
U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the ...
StubHub’s stock opens at $25.35 in NYSE debut after ticket seller’s long-awaited IPO
Eric Baker, co-founder and CEO of Ticket reseller StubHub, rings the opening bell during his company’s IPO at the New ...
China keeps tight grip on rare earths, costing at least one company ‘millions of euros’
Mineral explorers hoping to meet the growing demand for rare earths are vying for a slice of nearly $1 billion ...
OpenAI releases first-of-kind study revealing how people are using ChatGPT for everyday tasks
Illustration of the ChatGPT App on the iOS App Store displayed on a phone screen. Nurphoto | Nurphoto | Getty ...
NHL embracing return to Olympics after 12-year absence
Gary Bettman, NHL commissioner, speaking on CNBC's "Squawk Box" on Nov. 20, 2024.CNBCThe 2026 Winter Olympics in Milan will mark ...
Amazon CEO Jassy says company is reducing bureaucracy, which is ‘anathema’ to innovation
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025.Michael Nagle | Bloomberg ...
Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming.David A. Grogan | CNBCThe Federal ...
