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AI chip company GSI Technology continues rally after launching new products
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The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho.
The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho.The Wall Street Journal - World - New York -
Microsoft's profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.
Microsoft’s profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.The Wall Street Journal - World -
Meta launches new AI assistant with Llama 3 model
Meta began rolling out its new AI-powered smart assistant software, saying it will be integrated across Instagram, Facebook and Messenger. Adam Auriemma, editor-in-chief for CNET, joined CBS News to discuss the new tool.CBS News - Top stories - Meta -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Breakthrough MRI technology uses AI for faster scans
NYU Langone Health and Meta have developed a new type of MRI that dramatically reduces the time needed to complete scans through artificial intelligence. CBS News correspondent Anne-Marie Green reports.CBS News - Top stories -
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden has arrived in New York state to celebrate a tech company’s plans to build a campus of computer chip factories made possible in part with government supportABC News - Tech - Joe Biden -
While Biden Touts Chip Plant Funds, Prospective Workers Wait for Production to Start
The long lag time before U.S. factories start making semiconductors leaves workers waiting, and voters wondering when the payoff arrives.Inc. - Business - Joe Biden -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
I Tried These AI-Based Productivity Tools. Here’s What Happened
Hoping to make life easier, I tested six AI-powered tools meant to help me write better and work smarter.Wired - Tech -
In Ukraine, New American Technology Won the Day. Until It Was Overwhelmed.
Project Maven was meant to revolutionize modern warfare. But the conflict in Ukraine has underscored how difficult it is to get 21st-century data into 19th-century trenches.The New York Times - Tech - Ukraine
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Peacock raising prices by $2 a month ahead of Summer Olympics
Peacock is raising prices again, a year after its last price hike and just in time for the Summer Olympics.MarketWatch - Business -
Paramount CEO Bob Bakish is stepping down, to be replaced by 3 executives
Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”MarketWatch - Business -
AMC’s stock registers biggest decline in a month after preliminary first-quarter results
Shares of AMC Entertainment Holdings Inc. ended Monday’s session down 11.1% as the stock registered its biggest decline since April 1, when it fell 15.6%.MarketWatch - Business -
AT&T’s stock is misunderstood. Here are five reasons Barclays says it can soar.
AT&T’s decisions in recent years look better than those made by rivals, according to Barclays.MarketWatch - Business -
Coursera, Chegg stocks fall after weaker guidance for both edtech companies
Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.MarketWatch - Business