Broadcom says it will sell $12 billion in AI parts and custom chips this year

CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest

The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.

CNBC - 18h

New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World

The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.

Wired - 1d

Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says

The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.

MarketWatch - 15h

US imposes export controls on chips for AI to counter China

American semiconductor industry warns move will aid competitors while EU has also protested against the new rules

Financial Times - 1d

Biden Administration Makes Last-Ditch Effort to Curb AI Chip Exports

The new rules meant to govern exports of sophisticated AI processors are meant to address national security concerns, but have already provoked an industry pushback.

Inc. - 1d

U.S. tightens its grip on AI chip flows across the globe

The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its ...

NBC News - 1d

Biden administration proposes new restrictions on AI chip exports

The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."

CBS News - 1d

Landlords ripping off fire victims, says Selling Sunset star

Real estate mogul Jason Oppenheim says renters are being asked for thousands over previous prices.

BBC News - 2d

David Moyes returns as Everton manager after almost 12 years away

Scot signs two-and-a-half-year deal to succeed Dyche ‘It’s great to be back – I didn’t hesitate’ Analysis: TFG believes Moyes can restore lost values David Moyes has been appointed Everton’s ...

The Guardian - 4d

Apple Says It Is Fixing AI Notification Summaries. It Missed the Most Important Part

The company is responding to complaints from the BBC but it’s not clear this solves anything.

Inc. - 5d

How Narvar is using AI and data to enhance post-purchase customer experiences

How Narvar's new tech is using AI to harness the power of 42 billion consumer interactions a year to improve retail operations.

VentureBeat - 5d

Eggs over potato chips: Brits are getting healthier but not happier, top retailers say

Brits are getting healthier but not happier, according to updates from three of the company’s biggest food outlets.

MarketWatch - 6d

Biden administration planning new AI chip export limits that would hit Nvidia, report says

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

MarketWatch - 6d

Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal

The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.

Inc. - 6d

AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.

Inc. - 6d

Samsung’s revival still hangs on winning Nvidia’s AI custom

South Korean group is one of only a few chipmakers with the ability to produce memory chips essential for AI applications

Financial Times - 6d

Bench’s Jilted Customers Say the Accounting Startup’s Problems Began Long Before Its Abrupt Shutdown

The tax startup’s recent collapse and subsequent acquisition by Employer.com has left customers unsure about where to turn.

Inc. - Jan. 8

Anthropic’s $60 billion valuation would obscure a stark reality in AI

Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...

MarketWatch - Jan. 8

AI Startup Anthropic Raising Funds Valuing It at $60 Billion

The Amazon-backed OpenAI rival was valued at $18 billion last year.

The Wall Street Journal - Jan. 7

Nvidia Founder Jensen Huang Unveils Next-Gen AI and Gaming Chips at CES 2025

The Blackwell-powered GeForce RTX 50 Series desktop and laptop graphics processors were a highlight of the massive tech trade show underway in Las Vegas.

Inc. - Jan. 7

Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion

Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...

NBC News - Jan. 7

Nvidia founder unveils next generation of AI and gaming chips at CES 2025

In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him.

NBC News - Jan. 7

Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs

At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.

CNBC - Jan. 7

Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India

The company plans to grow the company’s Azure cloud business in India and set up new data centers.

The Wall Street Journal - Jan. 7

Nvidia’s stock rallies as AI chip trade reloads for fresh run higher

Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.

MarketWatch - Jan. 7

Acer unveils Acer Swift Go and Aspire Vero 16 laptops with latest chips and up to 99 TOPS AI

Acer unveiled new models in its Acer Swift Go and Acer Aspire Vero laptop families with the latest components from Intel and AMD.

VentureBeat - Jan. 6

Qualcomm unveils AI chips for PCs, cars, smart homes and enterprises

Qualcomm unveiled AI technologies and collaborations for PCs, cars, smart homes and enterprises at CES 2025. At the big tech trade show in Las Vegas, Qualcomm Technologies showed how it’s using AI ...

VentureBeat - Jan. 6

Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...

GameSpot - Jan. 6

Kawhi has 12 in debut, calls playing 'easy part'

Kawhi Leonard made his long-awaited return to the court in a 131-105 win over the Hawks and said he's on "nobody's timetable" as he eases back into action.

ESPN - Jan. 5

39-year-old's cannabis business brings in $800,000 a month—16 years after he went to prison for selling drugs

In 2023, Coss Marte opened the first adult-use cannabis dispensary on Manhattan's Lower East Side — the same neighborhood where he once sold drugs illegally.

CNBC - Jan. 4

Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.

NBC News - Jan. 3

GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone

According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...

GameSpot - Jan. 2

12:30 Report — FBI investigates New Year's Day violence

{beacon} 12:30 REPORT Happy New Year — and welcome to 2025! It’s officially that season when most of us still accidentally write 2024 on everything (or is that just me?) We also just exited the era ...

The Hill - Jan. 2

We're selling this stock for the first time in a year, locking in a nearly 1,000% gain

The last time we trimmed this stock was Jan. 2, 2024.

CNBC - Jan. 2

Cruise ship stomach bug illnesses hit 12-year high: CDC

Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.