Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs
AMD has secured Meta as a customer for its Helios rack-scale system, as Nvidia's Blackwell faces heightened competition.

AMD has secured Meta as a customer for its Helios rack-scale system, as Nvidia's Blackwell faces heightened competition.
JPMorgan Chase CEO Jamie Dimon is anxious as high asset levels collide with increased competition among lenders and jitters over loans to the software industry.
Home Depot beat fourth-quarter earnings expectations after missing estimates the prior three quarters.
The Trump administration has warned that it could take years for refunds to be paid out for tariffs that the Supreme Court ruled are illegal.
A new bill from Sen. Elizabeth Warren targets investors who own 50-plus single-family homes, and breaks with a White House proposal.
The simmering dispute has become a geopolitical flashpoint between Washington and Beijing, with Panama caught in the crossfire.
The lapse of enhanced subsidies for Affordable Care Act marketplace insurance has forced families to make difficult financial choices.
Intel CEO Lip-Bu Tan first invested in SambaNova in 2017. Now the chipmaker he runs is putting more capital behind the startup.
President Trump's new tariffs could further strain global trade relations, pushing businesses to operate more cautiously and hurting the U.S. economy.
Cavalry offers motion graphics tools for designers, while MangoAI could help Canva provide tools for making new video ads.
The U.S. has breached the terms of its trade deal with the European Union "several times," top EU trade lawmaker Bernd Lange told CNBC.
Cloud seeding programs are now taking place in more than 50 countries across the globe, according to the World Meteorological Organization.
Tesla's new car registrations fell 17% year-on-year in January, marking the 13th consecutive month in which sales have shrunk across Europe.
Domino's Pizza posted better-than-expected earnings and said it is winning over lower-income diners with value offerings.
Uber said it plans to offer a parking reservation experience powered by SpotHero for events and at venues and airports.
New research explains how the AI boom could hurt the economy and cause a 10% unemployment rate.
President Trump previously suggested issuing "tariff dividend" checks. After the Supreme Court struck down his tariffs policy, that's unlikely, experts say.
Some sectors in the S&P 500 have valuations out of step with their history. That doesn't mean the shakeup will stop soon.
California's DMV previously ruled that Tesla falsely promoted its cars' self-driving capabilities.
Leveraged funds and options trading saw daily volumes grow at compound annual rates of 29% and 16%, respectively, between 2020 and 2025.
The project comes as Amazon has committed up to $200 billion this year on AI investments, which include data centers, chips and networking equipment.
Mortgage rates dropped below 6%, matching their lowest levels since 2022, as economic concerns over tariffs and a recent GDP report cause bond yields to drop.
American travel companies are scrambling to reroute cruise ships and take care of tourists to Mexico.
Four years of war have discouraged Ukrainian and Russian women from having children, and that could impact their economies in the future.