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Ex-Cruise CEO Raises $150M For Robotics Startup Co-Founded With Longtime Tesla AI Head Who Just Quit

By Benzinga Neuro
May 14, 5:58 AM
Vogt launched The Bot Company, which is now valued at $550 million following this recent funding round.

TSLA

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Mark Zuckerberg Turns 40 In Style As Meta CEO Reportedly Celebrates Birthday Party On $300M Superyacht In Panama

By Ananya Gairola
May 14, 2:55 AM
Mark Zuckerberg is reportedly set to celebrate his 40th birthday on his new superyacht, Launchpad, in Panama, following its journey from Fort Lauderdale, Florida.

META

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Google, Amazon-Backed OpenAI Rival Anthropic Launches Claude Chatbot In Europe Amid Regulatory Challenges

By Ananya Gairola
May 13, 11:02 PM
Anthropic, an AI startup backed by Google and Amazon, has launched its Claude chatbot and subscription plans in Europe, aiming to expand its market presence amidst strong competition.

AMZN

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Airlines Challenge Biden Administration Over Fee Disclosure Rule: Report

By Shivani Kumaresan
May 13, 1:35 PM
Major U.S. airlines have reportedly initiated legal action against the U.S. Transportation Department (USDOT), contesting a recent mandate demanding upfront disclosure of airline fees, marking the latest confrontation between air carriers and the Biden administration.

AAL

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Nvidia in Spotlight as Chinese Tech Giants Push for Domestic AI Solutions

By Anusuya Lahiri
May 13, 11:02 AM
China urges domestic tech firms to invest in more domestically made AI chips, affecting companies like Nvidia and AMD. Stock down 0.50%.

AMD

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Biden Vs. Trump: Incumbent Fails To Win Voter Confidence To Steer Economy As New Poll Identifies Inflation As Major Pushback

By Shanthi Rexaline
May 13, 10:07 AM
Biden's pushback has more to do with his economic policies, which is weighing heavily on his job approval rating, a new poll found.

TIP

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Taiwan Semiconductor, Applied Materials And More On CNBC’s ‘Final Trades’

By Avi Kapoor
May 13, 9:20 AM
Taiwan Semiconductor Manufacturing Company experienced a 60% surge in April sales to 236 billion New Taiwan dollars (US$7.3 billion).

AMAT

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Jim Cramer Likes Micron And Its CEO, Recommends Buying This Big Bank

By Avi Kapoor
May 13, 9:15 AM
Jim Cramer recommends buying Micron, adding that he likes the company's CEO Sanjay Mehrotra. As for Fidelis? "Not a favorite."

BAC

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Intel In Advanced Talks With Apollo For $11B Ireland Plant Partnership: Report

By Shivani Kumaresan
May 13, 9:12 AM
Intel reportedly edges closer to a groundbreaking deal with Apollo Global Management for an $11 billion investment in a new chip plant in Ireland. Exclusive negotiations signal imminent progress, marking a strategic move by CEO Pat Gelsinger to expand Intel's footprint amidst surging chip demand.

APO

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Arm Holdings Gears Up for AI Foray with New Chip Division Launching Next Year

By Anusuya Lahiri
May 13, 8:38 AM
SoftBank's Arm Holdings developing AI chips, with plans to release in 2022. Arm will fund development and seek partnerships for mass production.

AMZN

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