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The Perplexity app in the Apple App Store on a smartphone arranged in Washington, DC, US, on Sunday, June 1, 2025. Stefani Reynolds | Bloomberg | Getty ImagesArtificial intelligence startup Perplexity AI has made an unsolicited $34.5 billion bid for Google’s Chrome browser, CNBC confirmed on Tuesday.That figure is higher than Perplexity’s current valuation, but the company said several investors have agreed to back the deal. In July, Perplexity was valued at $18 billion as part of an extension that valued the company at $14 billion months earlier.Google did not immediately respond to CNBC’s request for comment. The Wall Street…
Jaque Silva | Lightrocket | Getty ImagesSatellite designer AST SpaceMobile said it’s preparing to deploy nearly five dozen satellites to power cellular-based broadband networks, a move that establishes the company as a rival to Elon Musk’s dominant SpaceX.The company, based in Texas, released its second-quarter earnings after the bell on Monday, reporting that its satellites are fully funded and preparing for deployment with more than $1.5 billion on its balance sheet.Shares of the space company surged more than 10% on the news on Tuesday. The stock is up more than 140% year to date in what’s been a boom for…
Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | ReutersChina has told companies to refrain from using Nvidia’s H20 chips after the chipmaker recently received approval to resume shipping the less advanced artificial intelligence product, Bloomberg reported, citing sources familiar with the matter.Authorities have recently told companies to avoid using the Nvidia chips, or those from Advanced Micro Devices, for government and national security use cases, according to the news outlet.The report comes after the White House confirmed on Monday…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Just as artificial intelligence turned the data center sector into a gold mine, quantum computing is already ramping up to its own real estate revolution. Quantum computing uses quantum mechanics to solve problems beyond the ability of the most powerful classical computers. Until now, these super computers have mostly lived…
Listen to article The Pakistan Meteorological Department (PMD) has issued a high-alert advisory for a strong monsoon system expected to hit the country from August 14 to 22. The last rain spell left over 300 dead and scores injured across Khyber-Pakhtunkhwa (K-P) and Punjab, with most fatalities attributed to electrocution and roof collapses. The new system is likely to bring widespread rain, wind, and thundershowers, with heavy to very heavy falls predicted in parts of Punjab, Islamabad, K-P and Gilgit-Baltistan between August 18 to 21. Balochistan and Sindh are also expected to receive rain, with isolated heavy showers from August 18 to 21. The…
Listen to article Security forces killed on Tuesday at least three more terrorists during a sanitisation operation on the night of August 10 and 11 in the general area of Sambaza along the Pakistan-Afghanistan border, said a statement by the Inter-Services Public Relations (ISPR). The military’s media wing added that weapons, ammunition and explosives were recovered from the killed terrorists. The action follows earlier anti-infiltration operations in the area. https://x.com/OfficialDGISPR/status/1955145404519158121 Over the last four days, security forces have intercepted infiltration attempts along the border and killed at least 47 terrorists. The total has now risen to at least 50. Read: 33 terrorists killed…
Illustration of the adult video website PornHub on June 5, 2025.Riccardo Milani | Afp | Getty ImagesIt was well intentioned but a U.K. law mandating age verification on adult sites and a number of other platforms has sparked a backlash from both internet users in the country, as well as U.S. politicians and tech giants.Last month, new provisions in the Online Safety Act requiring large online platforms to implement age checks to prevent children from accessing pornographic and appropriate material came into force.The measures have led Pornhub, Redtube and other porn sites to force U.K. visitors to sign up and…
U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | ReutersPresident Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to proceed, escalating his pressure on the central bank leader to cut interest rates.Trump said in a Truth Social post that the suit would relate to Powell’s management of pricey renovations at the Fed’s headquarters in Washington, D.C., which the president has previously criticized.Trump did not say…
Raquel Urtasun (L), Waabi founder and CEO, and Lior Ron (R), who has joined Waabi as chief operating officer after growing Uber Freight to a $5 billion revenue company.WaabiLior Ron, founder and CEO of Uber Freight, is joining self-driving truck startup Waabi as chief operating officer.The move, Ron says, is based on his belief that the era of autonomous big rigs on the roads at scale is here, with the freight industry to be transformed by the economics of driverless technology in the semi cab.”The first decade of my career in logistics was building Uber Freight, putting the rails in…
The Supreme Court issued a notice on Tuesday to the prosecution in a petition filed by Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, challenging the Lahore High Court’s (LHC) rejection of his post-arrest bail in eight cases linked to May 9 incidents. A three-member bench of the Supreme Court, headed by Chief Justice of Pakistan (CJP) Yahya Afridi and comprising Justice Shafi Siddiqui and Justice Mian Gul Hassan Aurangzeb heard the case. The bench headed by CJP Afridi observed that the court would not give any final finding that could affect the merits of the pending case. CJP Afridi asked the both the…