Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy…
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters Waymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC. That’s almost double the milestone it hit in April, when Waymo reported…
Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk’s aerospace and…
GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City. GM DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months…
If OpenAI’s internal drama were a Netflix series, CNBC’s Jim Cramer says, it would be a binge-worthy mix of tension, comedy and cliffhangers — and Wall Street would be glued to every episode. On Tuesday, Cramer seized on reporting that CEO Sam Altman recently declared a “code red” inside the company that suggests OpenAI fears…
Elon Musk reacts during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Tesla CEO Elon Musk said that the U.S. has been a beneficiary of talent from India, while adding that the H-1B visa program had been misused…
A television broadcasts crypto market news at the Nasdaq MarketSite in New York, US, on Thursday, Nov. 20, 2025. Michael Nagle | Bloomberg | Getty Images AI-related equity valuations may be driven by fear of missing out, known as FOMO — but now’s not the time to get cold feet, according to strategists. Global equities are at…
A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again…
Mary Barra, Chair and CEO of General Motors (right to left), Mark Reuss, President, Sterling Anderson, Chief Product Officer, and Dave Richardson, Senior Vice President Software and Services Engineering at “GM Forward” on Wednesday, October 22, 2025 in New York. GM DETROIT – A third high-profile technology executive is leaving General Motors amid a restructuring…
Nvidia outperformed all expectations, reporting soaring profits Wednesday thanks to its graphics processing units that excel at AI workloads. But more categories of AI chips are gaining ground. Custom ASICs, or application-specific integrated circuits, are now being designed by all the major hyperscalers, from Google’s TPU to Amazon’s Trainium and OpenAI’s plans with Broadcom. These…
