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Bubble Tendencies Forming in AI: Accel Partner
AI Business2h ago

Bubble Tendencies Forming in AI: Accel Partner

Arun Mathew from Accel highlights a transformative phase in the workforce driven by AI, which enhances productivity but may lead to a market contraction with fe...

aiproductivitymarket trends
Bloomberg Technology
OpenAI's first crack at online shopping stumbled. It's preparing for the next wave
AI Business2h ago

OpenAI's first crack at online shopping stumbled. It's preparing for the next wave

OpenAI's initial foray into online shopping faced challenges, particularly with inaccurate item information and difficulties in onboarding merchants, despite ea...

online shoppinginstant checkoutecommerce
CNBC Technology
One Veteran Director Has Some Thoughts on How to Build Video Games Faster
AI Business3h ago

One Veteran Director Has Some Thoughts on How to Build Video Games Faster

Veteran game director Josh Sawyer advocates for a streamlined approach in video game development, suggesting that making fewer significant changes during produc...

video gamesgame developmentproduction efficiency
Bloomberg Technology
Chuck Norris never lost a fight, including the one against CBS for $30 million over Walker, Texas Ranger
AI Business3h ago

Chuck Norris never lost a fight, including the one against CBS for $30 million over Walker, Texas Ranger

Chuck Norris, the iconic martial artist and actor known for his role in "Walker, Texas Ranger," passed away at 86, leaving behind a legacy of toughness and phil...

entertainmentlawsuittelevision
Fortune
Job-seekers aren’t imagining things: the number of candidates getting ghosted by employers just reached a three-year high
AI Business3h ago

Job-seekers aren’t imagining things: the number of candidates getting ghosted by employers just reached a three-year high

A recent report reveals that 53% of job seekers experienced ghosting by employers in the past year, marking a three-year high. The rise in ghosting is attribute...

job marketghostingai impact
Fortune
Trump Approves NextEra Gas Expansion to Meet Rising Power Demand
AI Business3h ago

Trump Approves NextEra Gas Expansion to Meet Rising Power Demand

Former President Donald Trump has approved NextEra Energy Inc.'s plan to expand natural gas-fired generation capacity by up to 10 gigawatts in Texas and Pennsyl...

energynatural gasdata centers
Bloomberg Technology
Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise
AI Business3h ago

Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise

Tim Cook's recent visit to China, coinciding with Apple's 50th anniversary, underscores the country's critical role in the company's operations amid escalating ...

appletim cookchina
CNBC Technology
AI boom is fueling demand for skilled trades—and demand for technicians, HVAC workers, and electricians is soaring, with six-figure salaries to match
AI Business3h ago

AI boom is fueling demand for skilled trades—and demand for technicians, HVAC workers, and electricians is soaring, with six-figure salaries to match

The demand for skilled trades such as electricians, HVAC workers, and robotics technicians is surging due to the AI boom, with salaries reaching six figures as ...

aiskilled tradesjob market
Fortune
Echelon Data Centres Owners Said to Weigh Options Including Sale
AI Business4h ago

Echelon Data Centres Owners Said to Weigh Options Including Sale

The owners of Echelon Data Centres are reportedly exploring various options, including the potential sale of part or all of their stakes in the Dublin-based com...

data centresinvestmentsale
Bloomberg Technology
Soy Poised for Worst Week Since 2024 as US-China Meeting Delayed
AI Business4h ago

Soy Poised for Worst Week Since 2024 as US-China Meeting Delayed

Soybean futures are on track for their largest weekly drop since July 2024, primarily due to stalled American exports following the postponement of a crucial me...

soybean futuresus-china relationsmarket decline
Bloomberg Technology
Defense Demand Surges Amid Iran War
AI Business4h ago

Defense Demand Surges Amid Iran War

The ongoing conflict in Iran is driving a significant increase in global military demand, according to Patrice Caine, CEO of Thales Group. This surge is charact...

defensemilitaryiran
Bloomberg Technology
Super Micro shares tank 25% after employees charged with smuggling Nvidia chips to China
AI Business5h ago

Super Micro shares tank 25% after employees charged with smuggling Nvidia chips to China

Super Micro shares plummeted 25% following the indictment of employees for allegedly smuggling Nvidia chips to China, amid U.S. efforts to curb illegal exports ...

nvidiasmugglingchina
CNBC Technology
SoftBank Plans Ohio Data Center Powered by Gas Plants
AI Business5h ago

SoftBank Plans Ohio Data Center Powered by Gas Plants

SoftBank Group Corp. is planning to construct a large AI data center in Ohio, which will be powered by approximately $33 billion in natural gas-fired electricit...

softbankdata centernatural gas
Bloomberg Technology
Unicorns are flush with cash and stuck. A new kind of startup crisis is taking hold in 2026
AI Business6h ago

Unicorns are flush with cash and stuck. A new kind of startup crisis is taking hold in 2026

In 2026, many high-value startups face a new crisis termed "cap table gridlock," where complex ownership structures hinder growth more than a lack of capital. T...

startupsunicornscapital
Fortune
xAI Sends Engineers to Client Sites to Win Business from OpenAI
AI Business7h ago

xAI Sends Engineers to Client Sites to Win Business from OpenAI

Elon Musk's xAI is deploying engineers to the offices of potential corporate clients to attract business away from competitors like OpenAI and Anthropic PBC. Th...

xaiopenaibusiness strategy
Bloomberg Technology
The Dow's losing streak, fertilizer prices, Novo Nordisk's new Wegovy shot and more in Morning Squawk
AI Business7h ago

The Dow's losing streak, fertilizer prices, Novo Nordisk's new Wegovy shot and more in Morning Squawk

The Dow Jones Industrial Average is experiencing a losing streak, indicating potential volatility in the stock market. Meanwhile, fertilizer prices are fluctuat...

investingmarket trendsfinancial news
CNBC Technology
Drone Tech Maker’s 1,000% Surge Shows Latest Wall Street Fad
AI Business7h ago

Drone Tech Maker’s 1,000% Surge Shows Latest Wall Street Fad

A small drone software company recently experienced a staggering 1,000% surge in its market debut, highlighting a growing investor interest in stocks that combi...

drone technologydefense spendingartificial intelligence
Bloomberg Technology
The best AI investment might be in energy tech
AI Business8h ago

The best AI investment might be in energy tech

Power has become one of the biggest bottlenecks in rolling out new AI data centers. That's creating an opening for investors.

TechCrunch
As the U.S. gears up for a potential ground war in Iran, $100-plus oil threatens ‘demand destruction’ — starting in Asia
AI Business8h ago

As the U.S. gears up for a potential ground war in Iran, $100-plus oil threatens ‘demand destruction’ — starting in Asia

As the U.S. prepares for a potential ground war in Iran to secure the Strait of Hormuz, oil prices remain above $100, raising concerns about "demand destruction...

oil pricesdemand destructionasia
Fortune
These AI notetaking devices can help you record and transcribe your meetings
AI Business8h ago

These AI notetaking devices can help you record and transcribe your meetings

These physical notetakers transcribe audio and give users summaries and action items of meetings using AI. Some even offer live translation.

TechCrunch
SAP CEO Says Defense Industry Sales Are Fastest Growing Business
AI Business8h ago

SAP CEO Says Defense Industry Sales Are Fastest Growing Business

SAP CEO Christian Klein announced that the defense industry has emerged as the company's fastest-growing business segment, driven by increasing military budgets...

sapdefense industrybusiness growth
Bloomberg Technology
Nvidia CEO Finds It Harder to Wow His Audience
AI Business9h ago

Nvidia CEO Finds It Harder to Wow His Audience

Nvidia CEO Jensen Huang expressed challenges in effectively communicating his vision and innovations to audiences. This difficulty may impact the company's abil...

nvidiaceoaudience
Bloomberg Technology
Orange Plans to Name Director Frederic Sanchez as Chairman
AI Business9h ago

Orange Plans to Name Director Frederic Sanchez as Chairman

Orange SA is set to appoint director Frédéric Sanchez as its new chairman, indicating a strategy of continuity for the French telecommunications company amid co...

orangechairmanfrance
Bloomberg Technology
ByteDance-Backed Dongchedi Is Said to Pick Citi, Goldman Sachs for Hong Kong IPO
AI Business10h ago

ByteDance-Backed Dongchedi Is Said to Pick Citi, Goldman Sachs for Hong Kong IPO

Beijing Dongchedi Technology Co., backed by ByteDance, has selected Citigroup and Goldman Sachs to assist with its upcoming initial public offering (IPO) in Hon...

bytedanceipohong kong
Bloomberg Technology
Savvy Agrees to Buy ByteDance Game Studio Moonton for $6 Billion
AI Business11h ago

Savvy Agrees to Buy ByteDance Game Studio Moonton for $6 Billion

Savvy Games Group has reached an agreement to acquire the Moonton game studio from ByteDance for $6 billion. This acquisition is part of Savvy's strategy to enh...

gamingacquisitionmobile games
Bloomberg Technology
Nvidia's Huang pitches AI tokens on top of salary as agents reshape how humans work
AI Business12h ago

Nvidia's Huang pitches AI tokens on top of salary as agents reshape how humans work

Nvidia's CEO Jensen Huang highlighted the potential of AI tokens as a new compensation model, alongside traditional salaries, as the industry grapples with a hi...

nvidiaai tokensenterprise ai
CNBC Technology
How an MBA internship led Mitsubishi to e-commerce platform Yami—and into the U.S. snacks market
AI Business13h ago

How an MBA internship led Mitsubishi to e-commerce platform Yami—and into the U.S. snacks market

Mitsubishi Shokuhin, Japan's largest food wholesaler, has formed a strategic partnership with U.S. e-commerce platform Yami to enhance its access to the America...

e-commercepartnershipsnacks
Fortune
Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI
AI Business13h ago

Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI

In 2025, Alibaba reduced its workforce by approximately 34% as part of a strategic shift to concentrate on its artificial intelligence initiatives, divesting fr...

alibabastaff reductionai focus
CNBC Technology
Alibaba Shares Sink After Earnings Report
AI Business16h ago

Alibaba Shares Sink After Earnings Report

Alibaba's shares have dropped following a disappointing earnings report, with Macquarie Capital's Ellie Jiang describing the situation as a "reality check" for ...

alibabaearningsai
Bloomberg Technology
Supermicro’s cofounder was just arrested for allegedly smuggling $2.5 billion in GPUs to China
AI Business16h ago

Supermicro’s cofounder was just arrested for allegedly smuggling $2.5 billion in GPUs to China

Yih-Shyan "Wally" Liaw, cofounder of Supermicro, was arrested for allegedly orchestrating a scheme to smuggle $2.5 billion worth of AI servers, equipped with Nv...

gpusmugglingnvidia
Fortune
Apollo's Sambur says software's AI troubles will persist, noting the 'very large unknowns'
AI Business16h ago

Apollo's Sambur says software's AI troubles will persist, noting the 'very large unknowns'

Apollo's Sambur warns that the challenges facing AI software will continue, highlighting significant uncertainties in the sector. Despite a recent rebound in th...

ai challengessoftware industrymarket trends
CNBC Technology
CATL Hong Kong Rally Drives Record Premium Over Mainland Shares
AI Business16h ago

CATL Hong Kong Rally Drives Record Premium Over Mainland Shares

Contemporary Amperex Technology Co. (CATL) shares in Hong Kong reached a record premium compared to their mainland counterparts, driven by robust earnings and h...

battery technologyenergy supplymarket premium
Bloomberg Technology
Delton Shares Gain 34% in HK Debut After $421 Million Listing
AI Business16h ago

Delton Shares Gain 34% in HK Debut After $421 Million Listing

Delton Technology Guangzhou Inc. saw its shares surge by 34% during its Hong Kong trading debut, following a successful listing that raised HK$3.3 billion (appr...

stock markethong kongtechnology
Bloomberg Technology
Alibaba, Tencent Shares Lose $66 Billion as AI Vision Falls Flat
AI Business18h ago

Alibaba, Tencent Shares Lose $66 Billion as AI Vision Falls Flat

Alibaba and Tencent saw a combined loss of $66 billion in market value within a day due to investor disappointment over their unclear strategies for capitalizin...

alibabatencentmarket value
Bloomberg Technology
AI Startup Yotta Seeks $4 Billion Valuation Ahead of Planned IPO
AI Business18h ago

AI Startup Yotta Seeks $4 Billion Valuation Ahead of Planned IPO

Yotta Data Services Pvt., which operates India's largest cluster of Nvidia AI processors, is aiming for a $4 billion valuation as it prepares to file for an ini...

startupipovaluation
Bloomberg Technology
Investors Turn to AI to Find an Edge in Iran War Fallout
AI Business19h ago

Investors Turn to AI to Find an Edge in Iran War Fallout

Investors are increasingly utilizing AI chatbots, such as ChatGPT and Claude, to navigate the complexities arising from the ongoing war in the Middle East, mark...

aiinvestorsmiddle east
Bloomberg Technology
Figma's stock drops 12% in two days after Google releases 'vibe design' product
AI Business21h ago

Figma's stock drops 12% in two days after Google releases 'vibe design' product

Figma's stock has plummeted 12% over two days, primarily due to concerns over the impact of AI on its business following the release of Google's new 'vibe desig...

figmagooglestock market
CNBC Technology
Jeff Bezos reportedly wants $100 billion to buy and transform old manufacturing firms with AI
AI Business21h ago

Jeff Bezos reportedly wants $100 billion to buy and transform old manufacturing firms with AI

The Amazon magnate has a new project centered around acquiring industrial firms and revamping them with AI technology.

TechCrunch
Apple bears are proven wrong yet again as iPhone defies the China slump narrative
AI Business23h ago

Apple bears are proven wrong yet again as iPhone defies the China slump narrative

Despite concerns over memory shortages, AI advancements, and tariff issues, Apple's iPhone sales have defied expectations in China, showcasing the brand's resil...

appleiphoneai
CNBC Technology
Column: Jensen Huang doesn’t need a new chip. He needs a new moat.
AI Business1d ago

Column: Jensen Huang doesn’t need a new chip. He needs a new moat.

Jensen Huang is focusing on establishing a competitive advantage through open-source AI, driven by the need to differentiate in a rapidly evolving tech landscap...

jensen huangopen-source aibusiness strategy
CNBC Technology
Online bot traffic will exceed human traffic by 2027, Cloudflare CEO says
AI Business1d ago

Online bot traffic will exceed human traffic by 2027, Cloudflare CEO says

AI bots may outnumber humans online by 2027, says Cloudflare CEO Matthew Prince, as generative AI agents dramatically increase web traffic and infrastructure de...

TechCrunch
Meta backtracks on decision to end Horizon Worlds VR after fans speak up
AI Business1d ago

Meta backtracks on decision to end Horizon Worlds VR after fans speak up

Meta has reversed its decision to limit Horizon Worlds to a mobile app, responding to fan backlash just a day after the announcement. This change highlights the...

metahorizon worldsvirtual reality
CNBC Technology
OpenAI to acquire developer tooling startup Astral in boost for Codex team
AI Business1d ago

OpenAI to acquire developer tooling startup Astral in boost for Codex team

OpenAI is set to acquire developer tooling startup Astral, enhancing its Codex team, which focuses on AI-driven coding solutions. This move follows other recent...

openaiacquisitiondeveloper tools
CNBC Technology
Meta rolls out new AI content enforcement systems while reducing reliance on third-party vendors
AI Business1d ago

Meta rolls out new AI content enforcement systems while reducing reliance on third-party vendors

Meta believes these AI systems can detect more violations with greater accuracy, better prevent scams, respond more quickly to real-world events, and reduce ove...

TechCrunch
Eli Lilly's new shot shows solid weight loss in study — plus, a way for Nvidia to perk up
AI Business1d ago

Eli Lilly's new shot shows solid weight loss in study — plus, a way for Nvidia to perk up

Eli Lilly's new weight-loss injection has demonstrated promising results in clinical studies, indicating its potential to significantly aid in obesity treatment...

eli lillyweight lossnvidia
CNBC Technology
Crypto.com lays off 12% of workforce as latest company to cite AI in job cuts
AI Business1d ago

Crypto.com lays off 12% of workforce as latest company to cite AI in job cuts

Crypto.com has announced it will lay off 12% of its workforce, with CEO Kris Marszalek citing the integration of enterprise-wide AI as a key factor in the decis...

layoffscryptoai integration
CNBC Technology
DoorDash launches a new ‘Tasks’ app that pays couriers to submit videos to train AI
AI Business1d ago

DoorDash launches a new ‘Tasks’ app that pays couriers to submit videos to train AI

Delivery couriers will be able to earn money by completing activities like filming everyday tasks or recording themselves speaking in another language.

TechCrunch
Meta to cut back on third-party vendors in favor of AI for content enforcement
AI Business1d ago

Meta to cut back on third-party vendors in favor of AI for content enforcement

Meta is launching a multiyear initiative to implement advanced AI systems for content enforcement, aiming to reduce reliance on third-party vendors. This shift ...

metacontent enforcementai systems
CNBC Technology
TechCrunch Startup Battlefield 200 nominations are still open
AI Business1d ago

TechCrunch Startup Battlefield 200 nominations are still open

Nominate your startup, or one you know, for TechCrunch Startup Battlefield 200 before May 27. Chance to win $100,000 equity-free funding and VC access.

TechCrunch
Micron revenue almost triples, tops estimates as demand for memory soars
AI Business1d ago

Micron revenue almost triples, tops estimates as demand for memory soars

Micron's revenue has nearly tripled, exceeding estimates, driven by a surge in demand for memory products amid rising prices. This strong performance contrasts ...

micronmemoryrevenue
CNBC Technology