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British startup Wayve on Tuesday said it had raised $1.05 billion in an investment round led by Japan's SoftBank to accelerate the growth of its self-driving car technology.
Warren Buffett isn't jumping on the artificial intelligence bandwagon just yet, warning about the technology's potential for harm.
To join the CNBC Technology Executive Council, go to cnbccouncils.com/tec
CoreWeave, a cloud infrastructure startup that rents out graphics processing units to companies, said Wednesday that it has raised $1.1 billion in funding.
Advanced Micro Devices reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations, and provided an in-line forecast for the current quarter.
TAIPEI (Reuters) -- Taiwan's trade-dependent economy grew at its fastest quarterly pace in nearly three years in the first three months of 2024 and quicker than expected thanks to strong exports driven by demand for artificial intelligence applications.
Intel's long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 9% on Friday to their lowest level of the year.
South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, reversing a loss of 2.58 trillion won logged in the same period a year ago.