Microsoft CEO Satya Nadella made a grand entrance to court in San Francisco on June 28, 2023, where he and the CEO of Activision Blizzard are expected to provide testimony to convince a federal judge in California to reject the Federal Trade Commission’s attempt to block their $69 billion deal. Photograph by Shelby Knowles | …
In a recent interview, Nvidia’s president and CEO, Jensen Huang, discussed the increasing importance of the company’s powerful semiconductors in fueling artificial intelligence (AI). However, concerns have been raised about the potential risks associated with these advanced chips falling into the wrong hands. U.S. China hawks fear that this technology could be used to spread …
A sign for Microsoft Corp. at the company’s office in the central business district of Lisbon, Portugal, on December 27, 2022. Zed Jameson | Bloomberg | Getty Images Microsoft’s subsidiary Nuance Communications, known for its expertise in speech recognition, announced on Tuesday that it is bringing its artificial intelligence-powered clinical notes application to Epic Systems. …
Baidu, the Chinese technology giant, has introduced its own chatbot called Ernie Bot, aimed at rivaling OpenAI’s ChatGPT. According to Baidu, its artificial intelligence model outperforms ChatGPT in several key areas. The Ernie Bot has been undergoing public testing in China since its announcement in March. Based on Baidu’s foundational AI model, Ernie, which is …
A shopper stands in front of a Tesla Motors showroom at a retail shopping mall in Hong Kong. Sebastian Ng | Sopa Images | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, …
Satya Nadella, the CEO of Microsoft, revealed during a gathering of executives and board members at the White House that the company is aiming to achieve $500 billion in revenue by the 2030 fiscal year. This ambitious goal represents a doubling of the company’s current size. Chris Kleponis | CNP | Bloomberg | Getty Images …
Dustin Moskovitz, the co-founder and CEO of Asana, has rewritten the typical playbook for successful tech founders. Instead of gradually selling off ownership as the business grows, Moskovitz took Asana public through a direct listing in 2020, maintaining a significant ownership stake of about 36%. Since then, he has gone on a buying spree, acquiring …
During a meeting with senior officials and CEOs of American and Indian companies in the East Room of the White House, US President Joe Biden had a conversation with India’s Prime Minister Narendra Modi on June 23, 2023. Brendan Smialowski | AFP | Getty Images Apple, Alphabet, and Microsoft CEOs had an opportunity to engage …
SAN FRANCISCO, CALIFORNIA – JUNE 23: XBOX CEO Phil Spencer arrives at federal court on June 23, 2023 in San Francisco, California. Top executives from Microsoft and Activision/Blizzard will be testifying during a five day hearing against the FTC to determine the fate of a $68.7B merger of the two companies. (Photo by Justin Sullivan/Getty …
Artificial intelligence (AI) algorithms are revolutionizing the financial services industry, but they also pose a significant risk of discrimination. Whether it’s facial recognition systems that misidentify Black people and minorities or voice recognition software that fails to recognize distinct accents, AI has a long way to go in addressing discrimination. This problem becomes even more …