CNBC has officially launched its call for applications for the 2025 Disruptor 50 list, an initiative that aims to spotlight the most groundbreaking venture-backed companies shaping the economic landscape through innovative technology. This marks the thirteenth iteration of the Disruptor 50, and the deadline to submit applications is set for Friday, February 10, at 11:59
Enterprise
In a bid to maintain its foothold in the fiercely competitive Chinese smartphone market, Apple has announced a series of discounts on its latest iPhone models as it approaches the Chinese New Year. This promotional move highlights the increasing pressure the American tech giant faces from domestic brands, notably Huawei, and reflects a shift in
Tesla’s stock has once again proven to be a reflection of the broader sentiment surrounding the electric vehicle (EV) industry and is subject to dramatic swings that can happen rapidly. Recently, the company’s shares were observed rising by 0.7% following a tumultuous start to the day, when they had been down as much as 6%
The realm of artificial intelligence (AI) is rapidly evolving, and companies are feeling the heat as they vie to position themselves as leaders in this burgeoning field. Alibaba is responding to the stiff competition head-on, recently announcing a staggering price reduction of up to 85% on its large language models (LLMs), particularly focusing on its
The cryptocurrency market has experienced remarkable fluctuations throughout 2024, with Bitcoin consistently standing out as the leading asset class. Fuelled by the launch of new exchange-traded funds (ETFs) and the prospect of regulatory easing following a recent presidential election, Bitcoin’s value has soared to new heights. However, as history has shown, owning digital assets inherently
In an era where artificial intelligence (AI) is revolutionizing industries, the energy consumption of data centers is escalating at an alarming rate. Projections from the U.S. Department of Energy suggest that global electricity use could rise as much as 75% by 2050, largely driven by the soaring energy needs of AI and cloud computing infrastructures.
OpenAI is set to engage in a significant transformation, moving from a nonprofit foundation to a more commercially-focused structure by 2025. This shift involves the establishment of a public benefit corporation (PBC) that will oversee its commercial activities, a change aimed at granting the organization greater flexibility akin to that of a high-growth startup. The
In a recent address to Google employees, CEO Sundar Pichai painted a vivid picture of the challenges and opportunities that lie ahead as the tech giant gears up for the year 2025. “The stakes are high,” he emphasized, highlighting a climate filled with intense competition, regulatory challenges, and rapid technological advancements, particularly in artificial intelligence
In an increasingly interconnected global economy, the competition in the semiconductor industry serves as a pivotal battleground, particularly between the United States and China. On a recent Monday, the Biden administration announced a substantial probe into what it terms “legacy Chinese semiconductors,” highlighting a growing concern over the supply chain dependencies that these chips create.
The political landscape of the United States continues to evolve, particularly with the growing involvement of technology leaders in the federal government. President-elect Donald Trump is making waves by appointing prominent figures from Silicon Valley to his upcoming administration, thereby underscoring the increasing intersection of technology and politics. This move raises important questions about the