Jonathan Raa | Nurphoto | Getty Images Palantir announced a $300 million deal with the U.S. Department of Agriculture, which will use the software company’s technology to manage farmland as geopolitical risks threaten global supply chains. The agreement builds on ongoing projects with the USDA and underscores Palantir‘s growing role inside the U.S. government…
After years of producing chips that can both train artificial intelligence models and handle inference work, Google is separating those tasks into distinct processors, its latest effort to take on Nvidia in AI hardware. Google said Wednesday that it’s making the change for the eighth generation of its tensor processing unit, or TPU. Both chips…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With all the volatility in the oil market, I found it helpful to look at this timeline for a reminder of all that’s happened over the last eight weeks. Stock futures are higher this morning. All three major indexes closed…
Samuel Boivin | Nurphoto | Getty Images Robinhood’s proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced Wednesday. The Robinhood Ventures Fund I (RVI), which provides investors with exposure to several private tech companies, invested $75 million in the artificial intelligence giant. The fund went…
For DBS CEO Tan Su Shan, the biggest risk keeping her up at night is not just market volatility or geopolitical shocks, but cyberattacks. “Cyber security. I think the new war is cyber. So what keeps me awake at night is cyber. It’s who’s going to attack who, and how it’s going to happen, how…
The budding field is turning dreams into reality for older adults who are eager to age in place, filling caregiving gaps and easing minds as America ages rapidly. Source link
Chairman Brett Guthrie, R-Ky., arrives for the House Energy and Commerce markup of the FY2025 budget resolution in Rayburn building on Tuesday, May 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Two data privacy bills set to be introduced Wednesday and shared first with CNBC would preempt nearly two dozen state laws…
In naming hardware boss John Ternus as its new CEO on Monday, Apple also announced another key promotion that may be almost as significant in gauging the company’s direction. Taking over for Ternus as head of hardware will be Johny Srouji, who leads the team that makes Apple’s in-house chips. Apple created a new title…
CNBC’s Jim Cramer said stock sell-offs can be painful for investors, but they can also create opportunities for those willing to look past fear-driven narratives and focus on fundamentals. “Tailspins can be mighty nasty,” Cramer said Tuesday on “Mad Money.” “If you own a stock that’s caught in one, it’s very hard to hang on,…
CNBC’s Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple achieved something many in corporate America consider “almost impossible.” “You have heard a lot about Tim Cook today and for good reason,” the “Mad Money” host said. “He built the greatest consumer-based enterprise in history.” Cook,…