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Tesla’s Model Y debuts in India priced at a hefty $70,000 as the EV maker 'tests the waters'

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT In this photo illustration, logo of Tesla is displayed on a mobile phone screen in front of the Indian flag in Ankara, Turkiye on November 28, 2023. Cem Genco | Anadolu | Getty Images Tesla has made its long-awaited debut in India, where it will sell its electric SUV, the Model Y, starting at $69,770, a significant markup from other major markets, its website showed Tuesday. The sales launch comes the same day the American el

Meta approached Perplexity before massive Scale AI deal

Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be named because of the confidential nature of the negotiations. One person familiar with the talks said it was "mutually dissolved," while another person familiar with the matter said Perplexity walked away from

Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta

Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its new CEO, with founder Alexandr Wang heading to Meta as part of a multibillion-dollar deal with the company, CNBC has confirmed. Meta is finalizing a $14 billion investment into artificial intelligence startup Scale AI, CNBC reported earlier this week. Wang will help lead a new AI research lab at Meta and will be joined by some of his colleagues. The New York Times was first to report about the new AI lab. Bloomberg f

Topics: ai cnbc meta new scale

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.