Apple said on Tuesday it has committed to purchasing up to $100 million of titanium over three years from a Pennsylvania-based company as part of the iPhone maker’s push to expand manufacturing in the United States. The purchase agreement with Perryman Company, part of Apple’s…
Category: Tech
Meta’s AI spending, Muse assistant adoption in focus for quarterly results – CNBC TV18
Meta’s massive artificial intelligence outlays and adoption of its Muse personal assistant will be in focus when it reports third-quarter results on Wednesday, as the social media firm seeks to show that its AI investments can sustain growth. The company has rolled out several AI…
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders – CNBC TV18
ByteDance, Alibaba and Tencent have ordered more than 3 million of Nvidia’s new RTX PRO 5500 graphics cards with a collective sticker price of over $35 billion, two people familiar with the matter said, in a rush for a less powerful but export-compliant chip amid…
Trump thanks Elon Musk for ‘incredible generosity’ over plan to give SpaceX shares to every US child – CNBC TV18
US President Donald Trump on Tuesday, October 20, thanked Tesla CEO Elon Musk for pledging to give SpaceX shares to American children, saying the proposed giveaway aligned with the goals of his administration’s Trump Accounts initiative. A BIG THANK YOU to our legendary friend, @ElonMusk,…
How India can govern responsibly in the age of AI – CNBC TV18
India is entering a defining phase of its artificial intelligence journey. The question is no longer whether AI will be adopted at scale, but whether governance can evolve at the same speed as the technology it seeks to govern. That question matters because India is…
Apple October 28 event: What to expect from the new MacBook Pro, OLED iPad mini and more – CNBC TV18
After the announcement of the iPhone 18 series, Apple is gearing up for another major product announcement this month, with a new MacBook Pro, an upgraded iPad mini and refreshed Macs expected to be among the highlights of its October 28 showcase in Los Angeles.…
Japan launches world-first mission to bring back samples from Mars moon Phobos – CNBC TV18
A Japanese spacecraft was on its way to one of Mars’s moons on Tuesday on a world-first mission to retrieve samples, potentially helping unlock the origins of the Solar System and life on Earth. The flagship H3 rocket carrying the unmanned Martian Moons eXploration (MMX)…
OpenAI seeks to accelerate fundraising ahead of Anthropic IPO: Report – CNBC TV18
OpenAI is racing to secure investor commitments before rival Anthropic’s expected public market debut in mid-November, in an unusually fast fundraising round that could value the ChatGPT maker at more than $1.4 trillion, according to two people familiar with the matter. The rapid timetable reflects,…
Former Google CEO Eric Schmidt’s 1% Anthropic stake set to pay massive windfall – CNBC TV18
Former Google Chief Executive Officer Eric Schmidt owns around 1% of Anthropic PBC thanks to his early investment in the startup, according to people familiar with the matter, positioning him for one of the largest individual windfalls from the company’s imminent public market debut. Schmidt…
Japan probe on its way to Mars moon – CNBC TV18
A Japanese spacecraft was on its way to one of Mars’s moons on Tuesday on a world-first mission to retrieve samples, potentially helping unlock the origins of the Solar System and life on Earth. The flagship H3 rocket carrying the unmanned Martian Moons eXploration (MMX)…