Trades work at the New York Stock Exchange on Jan. 16, 2026. NYSE Technology shares led the declines in U.S. stocks on Tuesday as investors reacted to escalating tariff rhetoric tied to President Donald Trump’s renewed push around Greenland. The State Street Technology Select Sector SPDR ETF (XLK) fell 2.2%. Nvidia, Meta Platforms and Google-parent…
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. (Photo by Fabrice COFFRINI / AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images Energy costs will be key to deciding which country wins the AI race, Microsoft CEO Satya Nadella…
Tech companies have raced to build out compute capacity to fuel their AI ambitions but are now faced with a new bottleneck: memory capacity. The crunch comes as workloads shift from training models to using AI tools, and it’s driven in part by agentic AI, where a system can execute tasks independently. AI agents require…
Sarah Friar, CFO of OpenAI, appears on CNBC’s Squawk Box on August 20, 2025. CNBC OpenAI will make 2026 its year of “practical adoption,” the artificial intelligence startup’s finance chief said in a blog Sunday. “The priority is closing the gap between what AI now makes possible and how people, companies, and countries are using…
Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed AI startup is currently being valued at $4.8 billion in a fresh funding round, two people with knowledge of the deal said, just weeks after it was valued at $4.3 billion. Moonshot AI is the…
Recently the Australian Senate passed a law to ban children under 16 from having social media accounts including TikTok, Facebook, Snapchat, Reddit, X. Matt Cardy | Getty Images News | Getty Images Australia’s social media ban for under-16s has grabbed global attention, and governments worldwide are considering implementing similar policies, with the U.K. seen as…
China’s artificial intelligence chip sector has drawn heavy investor interest following a string of successful initial public offerings. But while those newly listed firms have led market gains, analysts say they are not leading China’s effort to reduce reliance on Nvidia. Instead, most analysts point to tech giant Huawei and its secretive chip unit, HiSilicon,…
Denmark’s Foreign Minister Lars Loekke Rasmussen and Greenland’s Foreign Minister Vivian Motzfeldt prepare at the Danish embassy for a meeting with the U.S. Vice President J.D. Vance and Foreign Minister Marco Rubio that will take place at the White House, in Washington D.C., U.S., January 14, 2026. Mads Claus Rasmussen | Via Reuters Top officials…
A notification on the Instagram app on a smartphone arranged in Sydney, Australia, on Thursday, Dec. 4, 2025. Bloomberg | Bloomberg | Getty Images It’s been a month since Australia banned under-16s from social media platforms, and some teens are glad to be free of the distraction, while others have found ways to bypass the…
TSMC offices in San Jose, California, on April 18, 2024. Bloomberg | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 35% increase in fourth-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips remained strong. Here are the company’s results versus LSEG SmartEstimates, which are weighted…