Delta suit against CrowdStrike after IT outage caused cancellations

Delta suit against CrowdStrike after IT outage caused cancellations

Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022.  Andrew Kelly | Reuters Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an … Read more

Microsoft CEO Nadella requested pay reduction after security incidents

Microsoft CEO Nadella requested pay reduction after security incidents

Microsoft CEO Satya Nadella speaks at an event on the company’s Redmond, Washington, campus on May 20, 2024. Chona Kasinger | Bloomberg | Getty Images Microsoft gave CEO Satya Nadella a pay raise for the 2024 fiscal year of more than $30 million. But his total package would have been $5.5 million higher if not … Read more

Tesla investors have questions for Musk about his activism for Trump

Tesla investors have questions for Musk about his activism for Trump

Tesla and SpaceX CEO Elon Musk speaks with former president Donald Trump during a campaign event at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa.  Jabin Botsford | The Washington Post | Getty Images As Tesla prepares for quarterly results Wednesday, many investors have one big issue on their minds: Donald Trump. On a … Read more

High interest rate worries pressure stocks

High interest rate worries pressure stocks

Traders work on the floor at the New York Stock Exchange on March 5, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You … Read more

Tech companies head to Las Vegas to tout health AI tools

Tech companies head to Las Vegas to tout health AI tools

Visitors check out Nvidia’s AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024. Costfoto | Nurphoto | Getty Images Nvidia, Google, Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time.  Sunday … Read more

Generative AI startups get 40% of all VC investment in cloud: Accel

Generative AI startups get 40% of all VC investment in cloud: Accel

Style-photography | Istock | Getty Images Generative artificial intelligence startups are getting 40% of all the venture capital funding that flows into cloud companies, according to venture investors Accel. In its latest annual Euroscape report, which looks at key cloud and AI trends, Accel said that venture funding for cloud startups based in the U.S., … Read more

Big Tech turns to nuclear energy to fuel power-intensive AI ambitions

Big Tech turns to nuclear energy to fuel power-intensive AI ambitions

The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms … Read more

Microsoft announces new health-care AI tools

Microsoft announces new health-care AI tools

Microsoft on Thursday announced new health-care data and artificial intelligence tools, including a collection of medical imaging models, a health-care agent service and an automated documentation solution for nurses.  The tools aim to help health-care organizations build AI applications quicker and save clinicians time on administrative tasks, a major cause of industry burnout. Nurses spend … Read more

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

AMD launched a new artificial intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, Advanced Micro Devices said Thursday during an event announcing the new product. If AMD’s AI chips … Read more

Nvidia-backed CoreWeave picks up $650 million credit line

Nvidia-backed CoreWeave picks up 0 million credit line

In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images CoreWeave, an Nvidia-backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to … Read more