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Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says

Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025. Meta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, founder and CEO of the startup Scale AI, according to The New York Times. The research lab is going to pursue a concept known as "superintelligence," which is an AI system that surpasses human intelligence,

Glean, gen AI enterprise search startup, raises $150 million in deal adding billions to valuation

Arvind Jain, CEO of Glean, on SaaS Monster stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal, on Nov. 2, 2022. In early 2025, Glean launched its agentic AI, Glean Agents, which the company says are on pace to support one billion agent actions by year-end. "We're building the platform that brings AI into the fabric of everyday work, connecting people to knowledge, automating tasks, and enabling smarter decisions across the enterprise," said Arvind Jain, Glean co-fo

IBM announces new quantum processor, plan for Starling supercomputer by 2029

Parts of the IBM Quantum System Two are seen at IBM Thomas J. Watson Research Center in Yorktown Heights, New York, on June 6, 2025. IBM on Tuesday announced a roadmap to develop a large-scale, fault-tolerant quantum computer called Quantum Starling. Part of the company's plan involves the new IBM Quantum Nighthawk processor, which is set to release later this year, according to a blog post announcing the details. "Unlocking the full promise of quantum computing will require a device capable

Snap to launch smaller, lighter augmented reality Specs smartglasses in 2026

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024. Snap on Tuesday announced its plans to release a sixth-generation of its augmented reality glasses in 2026, as competition in the smart glasses market continues to heat up. The maker of Snapchat said that its next-generation glasses will be called Specs, breaking with the company's Spectacles branding that it used for previous versions of its wearable devices. The Specs

What's next for Oura Ring in personal health and fitness monitoring, according to CEO Tom Hale

When the idea for the Oura Ring was first spawned in 2013, the company's founders envisioned a device that would take a precise look at sleep and recovery, two important aspects of overall health that they felt few wearable tools had prioritized to that point. Now, over a decade later, Oura's ambitions have evolved to transform healthcare and personal health, all while disrupting the growing wearables industry. "The vision for the future of Oura has to do with the doctor in your pocket," Oura

Google overhauls internal learning platform to focus on AI, 'business priorities'

Google is overhauling a popular internal learning platform to focus on teaching employees how to use modern artificial intelligence tools in their daily work routines, CNBC has learned. Grow, as the learning service is called, was previously filled with a wide array of courses, ranging from teaching Google employees how to build products, use 3D printers, help with their personal finance or even how to solve a Rubik's cube. Those offerings have all been replaced primarily by AI-related courses.

Former Wall Street analyst building market AI on why stock pickers won't go extinct

watch now Wall Street isn't immune from the plot line that has generative AI resulting in wholesale knowledge worker replacement. A new tool from AlphaSense, called Deep Research, won't provide any comfort. The generative AI agent functions like a team of analysts operating at what AlphaSense calls "superhuman speed," generating research and market insights, and building investment-grade briefings. But Jack Kokko, AlphaSense CEO and a former Morgan Stanley analyst and Wharton School MBA, isn't

Amazon Kuiper second satellite launch delayed by ULA due to weather

A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon's Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk's Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, on April 9, 2025. United Launch Alliance said Tuesday it was pushing back the second flight carrying Amazon 's Project Kuiper internet satellites due to "multiple weather delays during launch processing." The launch from Florida's Space

Google offers buyouts to employees across the company, including Search

Google on Tuesday offered buyouts to employees across several of its divisions, including those within its knowledge and information and central engineering units as well as marketing, research and communications teams, CNBC has learned. Knowledge and information, or K&I, is the unit that houses Google's search, ads and commerce divisions. The buyouts Tuesday are the company's latest effort to reduce headcount, which Google has continued to do in waves since laying off 12,000 employees in 2023.

Tesla rallies on robotaxi hopes as fear over Musk-Trump feud subsides

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images In the three trading days since Elon Musk's war of words with President Donald Trump last week sank Tesla's market cap by 14% in a single session, the stock has rallied almost all the way back. Tesla shares rose 5.7% on Tuesday to close at $326.09 o

A frustrated Zuckerberg makes his biggest AI bet as Meta nears $14 billion stake in Scale AI, hires founder Wang

In this article META Follow your favorite stocks CREATE FREE ACCOUNT Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, Jan. 20, 2025. Kenny Holston | Via Reuters Mark Zuckerberg is so frustrated with Meta's standing in artificial intelligence that he's willing to spend billions of dollars to convince Scale AI CEO Alexandr Wang to join his com

Elon Musk says Tesla robotaxi rides in Austin 'tentatively' set to begin June 22

Earlier on Tuesday, Musk shared a video on X showing that Tesla was testing driverless vehicles on the roads of Austin without a human safety supervisor behind the wheel. The eight-second clip showed the latest version of the Model Y SUV, painted black with a white "Robotaxi" graffiti-style logo painted on it, navigating an intersection and pausing to allow pedestrians to traverse a crosswalk. "We are being super paranoid about safety, so the date could shift," Musk wrote. In a post on X , Mus

U.S. online stores put 'out of stock' signs as Nintendo Switch 2 sales hit record highs

Nintendo Switch 2 controllers are displayed during at the Nintendo New York store on June 4, 2025, for a launch event ahead of the video game hybrid console's midnight release. Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up "out of stock" signs. The record-breaking start for the company's first new console in eight years, puts Nintendo on the path to realizing its aim

Nvidia CEO says quantum computing is reaching an 'inflection point'

Nvidia CEO Jensen Huang is growing more bullish about quantum computing — and he expects they'll start solving real-world problems in the coming years. "Quantum computing is reaching an inflection point," Jensen declared during his keynote speech at Nvidia's GTC Paris developer conference Wednesday. Quantum computers are machines that use the laws of quantum mechanics to solve problems too complex for classical computers, which store information in bits (ones and zeroes). Quantum computers us

Nvidia makes big play for Europe with infrastructure deals

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) Nvidia on Wednesday announced a slew of partnerships with European countries and companies spanning infrastructure to software as it looks to keep itself at the center of the global artificial intelligence story. Chief Executive Jensen Huang on Wednesday continued his tour of Europe with a keynote at Nvidia's GTC event in Paris, F

German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days

DeepL on Wednesday said it was deploying one of the latest Nvidia systems that would allow the German startup to translate the whole internet in just 18 days. This is sharply down from 194 days previously. , DeepL is a startup that has developed its own AI models for and competes with Google Translate. Nvidia is meanwhile looking to expand the customer base for its chips — which are designed to power artificial intelligence applications — beyond hyperscalers such as Microsoft and Amazon. It

Meta launches AI 'world model' to advance robotics, self-driving cars

Mark Zuckerberg, CEO of Meta Platforms. Artificial intelligence has been an integral focus for the tech giant's leader amid competition from players like OpenAI, Microsoft and Google. Meta on Wednesday announced it's rolling out a new AI "world model" that can better understand the 3D environment and movements of physical objects. The tech giant, which owns popular social media apps Facebook and Instagram, said its new open-source AI model V-JEPA 2 can understand, predict and plan in the physi

Topics: ai like meta model world

Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool

Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. Tesla stock gained for a f fourth straight positive session Wednesday as the spat between CEO Elon Musk and President Donald Trump showed further signs of a cooldown. Shares added about 0.1% and is up more than 10% this week. Tesla investors also caught a spark of hope for

Topics: ceo musk said tesla trump

Disney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and more

The Walt Disney logo is displayed on screen during the Walt Disney Studios presentation at The Colosseum at Caesars Palace at CinemaCon 2025 in Las Vegas, Nevada, on April 3, 2025. Disney and Universal joined forces in a lawsuit against artificial intelligence image creator Midjourney, alleging copyright infringement. It is the first AI copyright lawsuit from Hollywood giants. The lawsuit claims that the company used and distributed AI-generated characters from the movie studios like Star War

Americans pay trillions in rent, but few get credit score boost for it

Esusu has deals with Goldman Sachs, Mercy Housing, and Cushman & Wakefield, and partnerships with Fannie Mae and Freddie Mac, to increase the number of units nationally that report rent as part of credit. Esusu is a credit score reporting service which has partnered with 75% of the largest rental companies and more recently created a direct line for renters to report their rent payments. "We have democratized access because you have a long tail of people who don't live in commercially managed h

Google adds chief AI architect to accelerate development of AI products

Google on Wednesday added a chief AI architect to its leadership ranks as the company continues to prioritize artificial intelligence and add the technology to more of its products. The company tapped Koray Kavukcuoglu, Google DeepMind's chief technology officer, for the new senior vice president position, the company confirmed Wednesday. Kavukcuoglu will report directly to Google CEO Sundar Pichai. Semafor first reported the executive change. Kavukcuoglu will help with product strategy and "a

Chime's IPO will test public market appetite for fintech as companies line up to exit

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images There's a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut. The next test of Wall Street's enthusiasm is expected to come on Thursday, when Chime is slated to start trading on the Nasdaq. The provider of online bank

Oracle shares climb 8% as earnings, revenue top estimates

From left, former Fox Corp. Executive Chairman Rupert Murdoch and Larry Ellison, Oracle's co-founder, chief technology officer and executive chairman, listen as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House in Washington on Feb. 3, 2025. Oracle shares rose about 8% in extended trading on Wednesday after the software maker reported results that exceeded Wall Street estimates and signaled that cloud growth will accelerate. Here's how the company did in com

Shaquille O’Neal to pay $1.8 million to settle FTX investor lawsuit

Shaquille O'Neal sits on the bench before the game between the Indiana Pacers and the New York Knicks during Game 2 of the 2025 Eastern Conference Finals at Madison Square Garden in New York City, New York, on May 23, 2025. Shaquille O'Neal has agreed to pay $1.8 million to settle claims that he misled investors by promoting the now-bankrupt crypto exchange FTX. The retired NBA superstar, who once urged fans to trust the platform, will resolve the allegations without admitting wrongdoing. But

Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut

Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion The company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. The stock is expected to begin trading Thursday under ticker symbol CHYM. The offering comes after a years-long freeze in the fintech IPO pipeline, as rising interest rates and valuation resets kept many late

Elon Musk's favorability among Republicans dropped 16 points since March, Quinnipiac says

Elon Musk, during a news conference with President Donald Trump on May 30, 2025 inside the Oval Office at the White House in Washington. Elon Musk's official role in the Trump administration recently came to an end. Many Republicans won't be sad to see less of him, according to the results of Quinnipiac University's latest public opinion survey. While a majority of Republicans still hold a favorable view of Musk, the number fell to 62% in the poll out Wednesday, down from 78% in March, Quinnip

Anthropic Abruptly Shuts Down Blog Run by Its AI, Won't Say Why

Anthropic wanted to show off its Claude chatbot's writing skills by having it pen a blog on the plain old internet — but just after its launch, the company kiboshed the entire thing. As TechCrunch reports, the "Claude Explains" project was only live for a few weeks before Anthropic decided to pull the plug, erasing all of its purportedly human-edited posts — which seem mostly to have been about coding — without any explanation. Revealed by TechCrunch earlier in June, Claude's blog was, as an A

Doctors Concerned By Massive Uptick In Teens Taking Ozempic

Image by Roberto Pfeil / picture alliance via Getty / Futurism Rx/Medicines Teens are being prescribed Ozempic and similar drugs more than ever before — and some doctors are worried about what the trend could mean. In interviews with Reuters and Raleigh, North Carolina's WRAL, doctors expressed disquiet at recent studies that found that are kids being prescribed the uber-popular jabs at increasing rates. Two recent studies, the first from the from the data firm Truveta and the second from Eve

Google DeepMind CEO Says AI Will Let Us "Colonize the Galaxy" Starting in Five Years

In the age of artificial intelligence, CEOs have ranked among the tech's biggest cheerleaders. Drawing on sci-fi tropes and ill-defined industry terms, the pitch usually involves a confident prediction, like that humans and AI will learn to live in "peaceful coexistence" — just imagine the alternative! — and an arbitrary timetable, like that AI will result in a doomsday scenario by 2027 (unless, that is, lawmakers give these massive tech firms carte blanche to do whatever they want.) And unlik

Cybertruck Sales Are So Bad That We Gasped

There's little left for us to say that can further embarrass the Tesla Cybertruck, a vehicle that was supposed to be the culmination of Elon Musk's genius. And maybe this is what Musk's genius looks like. The luckless EV has faced eight recalls so far, and its trademark stainless steel panels, when they aren't flying off, have demonstrated that they're better at serving as a shiny canvas for spray paint than as the armor of an "apocalypse-proof" tank. But somehow, its already dire sales are no