Omar Marques | Sopa Images | Lightrocket | Getty ImagesOn Friday, Meta and Booz Allen Hamilton launched “Space Llama.”Llama, Meta’s open-source artificial intelligence model, will help astronauts in low orbit at the International Space Station’s National Laboratory with research. “We see a future where open source AI models like Llama will play a vital role in fueling space exploration and research – enabling astronauts to undertake the next level of experimentation to solve complex scientific problems and drive innovation in entirely new ways,” Ahmad Al-Dahle, Meta VP and head of generative AI, said in a release.The announcement builds on Booz…
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Kash Patel, President Donald Trump’s nominee to be director of the Federal Bureau of Investigation, testifies during his confirmation hearing before the Senate Judiciary Committee in the Dirksen Senate Office Building in Washington, Jan. 30, 2025.Anna Moneymaker | Getty ImagesFederal agents on Friday arrested a judge in Wisconsin on obstruction charges after she allegedly helped an undocumented immigrant evade arrest, FBI Director Kash Patel said.Patel made the announcement in an X post, which was quickly deleted. The FBI did not immediately respond to requests for comment on why the post was removed.Patel wrote that the FBI believes Milwaukee Circuit Court…
Major U.S. tech names reported their first-quarter results Thursday, offering markets something more to chew on besides all the tariff-related news. U.S. stock indexes rallied: the Dow regained the 40,000 level and the S&P500 and Nasdaq posted gains of over 2%.While tech appears to be at the forefront of investors’ mind for now, tariffs and trade tensions still lurk in the shadows, with Intel CFO David Zinsner warning that tariffs and retaliation from other countries has increased the likelihood of a recession.Also, the optimism that both the U.S. and China were going to de-escalate the trade war has been watered down…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJordan Klein, tech sector specialist at Mizuho Securities, joins CNBC’s Kristina Partsinevelos to discuss which semiconductor stocks could be hardest hit by ongoing trade uncertainty and which tech names could weather the storm. Plus, he takes questions from CNBC Pro Subscribers. Source link
Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy are pictures while the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty ImagesNovo Nordisk scored a huge legal victory that largely restricts compounding pharmacies from marketing or selling cheaper, unapproved versions of the drugmaker’s blockbuster weight loss drug Wegovy and diabetes treatment Ozempic. A federal judge in Texas late Thursday rejected a bid by compounding pharmacies to keep making copies of Ozempic and Wegovy while a legal challenge…
Former New York congressman George Santos in 2024. New York Daily News | Tribune News Service | Getty ImagesFormer Rep. George Santos, whose web of lies about his life led to the New York Republican’s expulsion from Congress, is set to be sentenced Friday morning in his federal fraud case.Santos admitted last August to engaging in a multi-pronged campaign finance scheme, stealing unemployment benefits during the Covid-19 pandemic, and lying on House financial disclosure forms.As part of an agreement with prosecutors in U.S. District Court in Long Island, Santos pleaded guilty to a single count each of wire fraud and…
Guests and attendeess mingle and walk through the atrium during the IMF/World Bank Group Spring Meetings at the IMF headquarters in Washington, DC, on April 24, 2025. Jim Watson | Afp | Getty ImagesAfter years dominated by the pandemic, supply chains, energy and inflation, there was a new topic topping the agenda at the World Bank and International Monetary Fund’s Spring Meetings this year: tariffs.The IMF set the tone by kicking off the week with the release of its latest economic forecasts, which cut growth outlooks for the U.S., U.K. and many Asian countries. While economists, central bankers and politicians…
A Cessna Citation jet aircraft is viewed at Charles M. Schulz Sonoma County Airport in this aerial photo taken on June 1, 2021, near Healdsburg, California.George Rose | Getty ImagesWith consumer confidence tumbling, demand for commercial air travel has waned. Even deep-pocketed travelers are pulling back, according to Barclays’ latest survey of business jet broker-dealers and financiers.Customer interest in buying business jets has fallen by 49% since March, according to the survey, which was conducted from April 9 to 15 and had 65 respondents.The Barclays Business Jet Indicator survey, published last week, uses five metrics, including 12-month outlook and pricing,…
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023.David Paul Morris | Bloomberg | Getty ImagesAlphabet’s stock gained 3% Friday after signaling strong growth in its search and advertising businesses amid a competitive artificial intelligence environment and uncertain macro backdrop.”GOOGL’s pace of GenAI product roll-out is accelerating with multiple encouraging signals,” wrote Morgan Stanley’s Brian Nowak. “Macro uncertainty still exists but we remain [overweight] given GOOGL’s still strong relative position and improving pace of GenAI enabled product roll-out.”The search giant posted earnings of $2.81 per share on $90.23 billion in revenues.…
In late 2023, Israel was aiming to assassinate Ibrahim Biari, a top Hamas commander in the northern Gaza Strip who had helped plan the Oct. 7 massacres. But Israeli intelligence could not find Mr. Biari, who they believed was hidden in the network of tunnels underneath Gaza.So Israeli officers turned to a new military technology infused with artificial intelligence, three Israeli and American officials briefed on the events said. The technology was developed a decade earlier but had not been used in battle. Finding Mr. Biari provided new incentive to improve the tool, so engineers in Israel’s Unit 8200, the…