Tag: business news

The Department of Defense's clash with Anthropic over the integration of artificial intelligence into military operations, and who sets the ...

Block shares soar as much as 24% as company slashes workforce by nearly half

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Block said Thursday it's laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed ...

China holiday spending sends a strong signal on consumer stimulus plans

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People watch performances to welcome the 'God of Wealth' during Lunar New Year festivities at Qianmen Street in Beijing, China, ...

Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior

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Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board ...

CoreWeave shares slip 8% as quarterly revenue guidance disappoints

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Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New ...

Nvidia’s blowout earnings report disappoints Wall Street as stock sinks 5%

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Nvidia shares dropped 5% on Thursday, as investor concerns around its leadership in the artificial intelligence boom dampened enthusiasm over ...

MP Materials selects Texas for rare earth magnet manufacturing site

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MP Materials 10X Magnet Manufacturing Facility, Northlake TX.Source: MP MaterialsMP Materials has chosen Northlake, Texas, for its new $1.25 billion ...

Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies

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Nvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies, hours after the chip behemoth ...

Restaurant reservation wars heat up as DoorDash enters the arena with Resy, OpenTable

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Now available on your favorite food delivery app: restaurant reservations. The still-simmering reservation wars of the last decade could fully ...

Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over

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