A former official of U.S. President Donald Trump’s first administration is planning a multi-billion-dollar data center project in a remote corner of Greenland, as hyperscalers scramble to build out capacity across the globe to keep up with the AI rollout. The data center is aiming to be operational at 300 megawatts (MW) by mid-2027, before…
The Intel logo is seen at the India Mobile Congress 2025 in Delhi, Oct. 11, 2025. Kabir Jhangiani | Nurphoto | Getty Images Intel shares plunged more than 15% on Friday after the chipmaker issued lackluster guidance and warned of a supply shortage. During a fourth-quarter earnings call with analysts Thursday, CEO Lip-Bu Tan said…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. With TikTok guaranteeing its presence in the U.S. (which we cover below), it looks like my screen time will remain far higher than it should be. Stock futures ticked lower this morning. The market is coming off another winning day….
TikTok discussions overshadowed U.S.-China tariff negotiations during the latest round of talks. Anna Barclay | Getty Images News | Getty Images TikTok has just announced a new U.S. venture that will keep it operating there after years of concerns about its links to China. But even as it was nearly banned and faced scrutiny from…
The artificial intelligence tool generates computer code when people type prompts, so those with no coding experience can create their own programs and apps. Source link
Key Points Investor scrutiny is set to increase this year as AI foundation model developers chart their way to becoming public companies, analysts said. It will be a “make or break” year for such companies, and OpenAI looks particularly “extended,” according to a Deutsche Bank note. “The key question is whether enterprise monetization, pricing power,…
Xiaomi logo at an exhibition in Hangzhou, Zhejiang Province, China on November 1, 2025. Cfoto | Future Publishing | Getty Images Chinese tech giant Xiaomi saw its shares pop over 2% in trading on Friday after it announced a stock buyback program worth up to HK$2.5 billion ($321 million). The repurchase plan comes as the…
Nvidia founder and CEO Jensen Huang (R) speaks next to BlackRock chairman and WEF co-chairman Larry Fink during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. Fabrice Coffrini | Afp | Getty Images BEIJING — Nvidia CEO Jensen Huang plans to visit China in the coming days ahead of the…
The TikTok USDS (U.S. Data Security) logo appears on a smartphone screen in this illustration photo in Reno, United States, on Dec. 19, 2025. Jaque Silva | Nurphoto | Getty Images TikTok said Thursday that it formed a joint venture that will keep the video-sharing app operating in the U.S. under the leadership of an…
A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, on June 22, 2025 Joel Angel Juarez | Reuters Tesla CEO Elon Musk said on Thursday that his company is now running a small number of its Robotaxi vehicles in Austin, Texas, without a human driver or safety supervisor on board….