Author: Editor-In-Chief
Nvidia The company has spent at least $6.5 billion in companies developing photonics technology in the past three months as it rushes to invest to solve one of the major bottlenecks in AI deployment. Photonics, which uses light to transmit data, is an emerging technology that is considered a more efficient alternative to current processes that use electricity to transmit data. Electrical data transfer consumes more energy. This factor is increasingly seen as an impediment to the widespread deployment of AI.Since early March, Nvidia has announced $2 billion in investments. lumen, reasonable and marvelboth of which are developing photonics technology.…
summary A Russian drone struck an apartment building in NATO member Romania during an attack on a nearby Ukrainian port, injuring two people, according to the Bucharest Ministry of Defense. The incident marks the 28th time a Russian drone has violated Romanian airspace since the Russian government began targeting Ukrainian ports across the Danube River. Romania scrambled its F-16 fighter jets and authorized the pilots to engage the target. AI-generated summaries were reviewed by CNN editors. A drone crashed into an apartment building in Romania and exploded, injuring two people after Russia attacked a nearby Ukrainian port, the Romanian Defense…
Sesame, the AI startup co-founded by the founders of Oculus and officials from the VR company they sold to Meta, on Thursday released a public preview of a conversational AI agent it has been developing for more than a year. With its new iOS app, Sesame is rethinking the traditional AI chatbot experience popularized by apps like ChatGPT, creating an experience where the conversation flows even when the AI needs time to think. As the company explains in its announcement, “There’s an inherent tension between responding quickly and taking the time to craft a thoughtful answer. A slower response is…
Ferrari’s first fully electric car, Luce. An image of a handout obtained by Reuters on May 25, 2026, after the luxury sports car maker unveiled the model.Ferrari | via ReutersferrariThe company’s stock price plummeted after it unveiled its first fully electric car, which drew criticism from the company’s former boss and even Italy’s transport minister.The company’s shares fell more than 8% on Tuesday after the company unveiled its 550,000 euro (about $640,000) Luce, Ferrari’s first five-seater car. Milan-listed stocks rose more than 2% at one point on Wednesday morning, but ended slightly lower.However, auto analysts downplayed the market’s negative reaction,…
US Vice President J.D. Vance said it was “undecided” whether President Donald Trump would sign an interim memorandum of understanding with Iran and that the two countries were still negotiating “several language points.” “I think it’s hard to say exactly when or if the president will sign the memorandum. We’re going back and forth on some linguistic points,” Vance told reporters on the tarmac at Joint Base Andrews on Thursday. While stressing that progress has been made, Vance said there are some moving parts regarding Iran’s nuclear program and enriched uranium. “There are some issues around nuclear, highly enriched stockpiles…
Earlier this month, xAI signed a massive computing deal with Anthropic, pledging billions of dollars each month for exclusive use of the company’s Colossus cluster. This was a coup for both companies, delivering much-needed revenue to xAI and helping Anthropic catch up in the never-ending computing race. But this morning on X, Elon Musk downplayed exactly how committed SpaceX was to this deal. “SpaceX hasn’t committed to leasing Colossus for years, but it could happen,” he said in a response to a user. “It’s a 180-day lease, after which we mutually cancel with 90 days’ notice. Short-term is our requirement,…
On August 12, 2024, a Ukrainian soldier operates a Soviet-made T-72 tank in the Sumy region near the border with Russia during Russia’s invasion of Ukraine. Roman Pilipi | AFP | Getty ImagesLONDON — European stocks fell on Thursday as investors continued to assess developments in the Middle East and Ukraine.pan-european Stocks 600 Most sectors ended in negative territory, with major exchanges in London, Paris and Frankfurt all closing lower. italian FTSE MIB Bucking the trend, it ended Thursday up 0.5%.European markets followed Asia-Pacific markets in decline as investors weighed mixed signals from negotiations between the United States and Iran…
CNBC’s Jim Cramer said Thursday that investors may be trying to sell themselves some of the market’s biggest winners.His comment is snowflake Shares soared about 36% on Thursday after the company reported strong financial results and highlighted its $6 billion commitment to Amazon Web Services. The “Mad Money” host argued that many investors likely didn’t understand the move very well.Kramer cited three reasons for this. First, he said, many investors have become too reliant on index funds and exchange-traded funds, preventing them from benefiting from large price movements in individual stocks. “We’re all told we should only buy index funds…
The proposed $250 bill would be the first living person to appear on a U.S. banknote in more than a century.Published May 29, 2026May 29, 2026U.S. Treasury Secretary Scott Bessent said a new $250 bill featuring President Donald Trump’s face is being prepared for printing, and that lawmakers will decide whether it goes into circulation.U.S. law prohibits living people from appearing on U.S. banknotes, but a bill was introduced last year that would create an exception to allow current and former presidents to appear.Recommended stories list of 3 itemsend of listSpeaking at the White House on Thursday, Bessent said the…
On Thursday, Anthropic released Opus 4.8, the latest version of its most advanced publishing model. This model is available everywhere at the same standard price as previous Opus releases. The new model was released just 41 days after Opus 4.7 was released, a much faster upgrade cycle than Anthropic’s usual. (The latest Sonnet and Haiku models are three and seven months old, respectively.) This quick response may have something to do with the lukewarm response to Opus 4.7, which some users found disappointing. During this time, there have also been significant new releases of OpenAI’s Codex and Google’s Gemini Flash…