Apple underperformed mega-cap peers in 2023 due to revenue slide

Apple underperformed mega-cap peers in 2023 due to revenue slide

Apple CEO Tim Cook stands next to a new Apple Vision Pro headset displayed during the Apple Worldwide Developers Conference in Cupertino, California, June 5, 2023. Justin Sullivan | Getty Images Apple’s stock rallied in 2023, but its performance was outshined by all of its mega-cap tech peers, as the company suffered four straight quarters … Read more

Jim Cramer says investors should remember the optionality of 6 of the Magnificent 7

Jim Cramer says investors should remember the optionality of 6 of the Magnificent 7

CNBC’s Jim Cramer keyed in on the optionality of six of the companies that have become known as the “Magnificent Seven” during his Wednesday show. “The Magnificent Seven have the most optionality of any publicly traded companies in modern history,” Cramer said. “To sell any of them is to forget that they have this kind … Read more

How doctors are using Google’s new AI models for health care

How doctors are using Google’s new AI models for health care

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters The MedLM suite includes a large and a medium-sized AI model, both built on Med-PaLM 2, a large language model trained on medical data that Google first … Read more

Google weighing ‘Project Ellmann,’ uses Gemini AI to tell life stories

Google weighing ‘Project Ellmann,’ uses Gemini AI to tell life stories

“Project Ellmann” is an internal Google proposal to use artificial intelligence to help users get a “bird’s-eye view” of their life stories. The idea would to use LLMs like Gemini to ingest search results, spot patterns in a user’s photos, create a chatbot and “answer previously impossible questions” about a person’s life. The team also … Read more

Google stock up after company announces Gemini AI model

Google stock up after company announces Gemini AI model

Google shares jumped Thursday, a day after the company announced its latest artificial intelligence model called Gemini. Google executives said Gemini outperforms OpenAI’s GPT-3.5, but the company did not share how it compares with OpenAI’s latest model, GPT-4. Analysts are encouraged by Google’s progress in AI, but questions remain about how the company will monetize … Read more

OpenAI executive shakeup raises concerns about future of AI

OpenAI executive shakeup raises concerns about future of AI

The sudden ousting of Sam Altman as CEO of OpenAI has rocked Silicon Valley and the tech industry. The future of advanced artificial intelligence has created controversy across the industry, and Altman has been a voice asking for regulation. OpenAI’s unusual structure underscores the confusion current and potential customers might have about the startup’s future … Read more

Rate cuts might not be in the cards

Rate cuts might not be in the cards

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | 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, no matter … Read more

For Google Play, Dominating the Android World Was ‘Existential’

For Google Play, Dominating the Android World Was ‘Existential’

 Google agreed to pay $8 billion over four years to Samsung Electronics Co. to make its search engine, voice assistant and Play Store the default on the company’s mobile devices, according to testimony presented by Epic Games Inc.  James Kolotouros, Vice President for Partnerships at Google, testified Monday under questioning by an Epic lawyer in … Read more

Prenuvo offers $2,500 full-body MRI scans that can detect cancer early

Prenuvo offers $2,500 full-body MRI scans that can detect cancer early

Thousands of people have paid $2,500 for full-body MRI scans from Prenuvo, whose technology can detect more than 500 conditions. The scans take about an hour and are reviewed by one of Prenuvo’s licensed radiologists. “When you’re catching stage one cancer, what you’re doing will save lives,” said Prenuvo CEO Andrew Lacy. Prenuvo MRI machine … Read more

The Google Pixel 8 just got its first update. Here’s what’s new

The Google Pixel 8 just got its first update. Here’s what’s new

Joe Maring / Digital Trends Google has started seeding a new software update for its Pixel phones, which also happens to be the first one for its latest Google Pixel 8 and Pixel 8 Pro models The update notes don’t mention the arrival of any new features, but the update does fix crucial problems that users have … Read more