Tesla and SpaceX CEO Elon Musk attends a state banquet for US President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Brendan Smialowski | Afp | Getty Images Chinese President Xi Jinping told American CEOs travelling with President Donald Trump that the door…
Cisco CEO Chuck Robbins told CNBC on Thursday that skyrocketing demand for artificial intelligence tools and equipment is powering the industry toward a “networking supercycle.” Shares jumped 14% and headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler guidance orders for the fiscal year and lifted…
U.S. President Donald Trump’s summit with Chinese counterpart Xi Jinping could hinge on two key tech flashpoints — critical minerals and market access for American companies. The much-anticipated bilateral meeting between the two countries that were locked in a tariff standoff just a year ago began on Thursday, with warm words exchanged between the two…
1. You’re hired Kevin Warsh, nominee for chairman of the Federal Reserve, is sworn in to his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images The Senate confirmed Kevin Warsh as the next chair of the Federal…
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Production of Chinese chips could ramp up this year, as executives at the country’s biggest tech companies look to deploy more homegrown technology — as it’s reported U.S. chip giant Nvidia could return. On Wednesday, internet titan…
Nvidia CEO Jensen Huang said that U.S. President Donald Trump “asked me to come” to the China summit in Beijing, when asked by reporters about his trip. Huang was a later addition to the high-stakes trip on Tuesday, after his name was noticably absent from a list of executives making the trip, shared by a…
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a person with knowledge of the matter. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in at…
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Elon Musk’s courtroom battle with Sam Altman over the last couple weeks has primarily revolved around the evolution of OpenAI. But it’s also shined a…
Cisco’s AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026. Source link
As the ransomware industry evolves, experts are predicting hackers will only continue to find more and more ways of using the technology to exploit businesses and individuals. Seksan Mongkhonkhamsao | Moment | Getty Images Palo Alto Networks tech chief Lee Klarich said companies are losing time to step up software defenses as hackers increasingly exploit…