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advanced micro device CEO Lisa Su defended the company’s lackluster outlook on Wednesday, telling CNBC that demand for the company has grown even stronger in recent months, even as the stock plunged 17% in its worst session since May 2017. “I can tell you from an insider that AI is accelerating at a pace I never imagined,” he told CNBC’s “Squawk on the Street,” adding that demand continues to outstrip computing needs.Su said AMD’s data center business accelerated from the fourth quarter to the first quarter, and demand for the company’s central processing units is “soaring” as companies rapidly ramp…

A tanker enters the Phillips 66 Freeport Terminal in Freeport, Texas, USA on Friday, January 16, 2026. Mark Felix | Bloomberg | Getty ImagesOil prices rose on Wednesday after President Donald Trump said Iran’s supreme leader Ayatollah Khamenei should be “very concerned.” usa crude oil Crude oil prices rose $1.93, or 3.05%, to close at $65.14 per barrel. global benchmark brent It rose $2.13 (3.16%) to settle at $69.46 per barrel. “I think he should be very concerned. Yes, he should be,” President Trump said in an interview with NBC News. “You know, they’re negotiating with us.”The president threatened to…

Gizmo, a TikTok-like app for vibe-coded mini-applications, offers a new way to create interactive media. Startup Atma Sciences’ relatively new mobile app allows anyone to create experiences using text, photos, sound, and touch, which appear in a vertical feed similar to TikTok or Reels. But unlike traditional short-form video apps, Gizmo doesn’t just watch and scroll; it plays. Depending on the type of “gizmo” you encounter, you may interact with the mini-app by poking, swiping, tapping, drawing, dragging, etc. on the screen. These gizmos are more like digital toys than just games. This includes interactive puzzles, memes, art, animations, and…

AI startup Eleven Labs announced Wednesday that it has raised $500 million at a valuation of $11 billion, with an eye toward a possible IPO.Sequoia Capital led the round, with participation from existing backers Andreessen Horowitz and Iconiq, as well as new investors Lightspeed Venture Partners, Evantic Capital, and Bond. The raise more than triples the $3.3 billion valuation of Eleven Labs, which received a $180 million Series C in January 2025. Co-founder Matty Staniszewski said NVIDIA invested in the company in September.Founded in 2022, the London-based company initially developed AI text-to-speech models and has since expanded into areas such…

Hong Kong — As the Year of the Horse approaches, an unexpected face has emerged in China as a symbol of good fortune. It’s the villain of the wizarding world of Harry Potter. Draco Malfoy, Potter’s privileged teenage nemesis from J.K. Rowling’s hugely successful book series, is appearing in festive displays across the country ahead of the Lunar New Year. Luck is in the name. “Malfoy” is transliterated in Chinese as “Ma Er Fu”. The first word “Ma” means “horse” (horse) and the third word means “fortune”. If you read this together, it seems like horses bring good luck. Videos…

Emilia Clarke’s brain aneurysmEmilia Clarke, who filmed battle scenes for Game of Thrones, published an essay in The New Yorker in 2019 titled “A Battle for My Life.”After suffering a severe headache at the gym, the actress writes, “I made it to the bathroom and fell to my knees feeling very, very sick.” “During that time, the pain was getting worse with shooting, stabbing, squeezing pain. On some level, I knew what was happening: my brain was damaged.”She was taken to the hospital for a brain scan.”The diagnosis was swift and ominous: a subarachnoid hemorrhage (SAH) is a life-threatening type…

On February 15, 2024, at Google France headquarters in Paris, France, Sundar Pichai, CEO of Google and Alphabet, attended the inauguration ceremony of a new French center specializing in the field of artificial intelligence.Gonzalo Fuentes | Reutersalphabet Google’s fourth-quarter results announced Wednesday showed better sales and bottom line profits, but parent company Google also said it expects to significantly increase spending on AI in 2026. The company’s stock price fell slightly in after-hours trading.Here’s how the company performed compared to the expectations of analysts surveyed by LSEG:Earnings per share: $2.82 vs. $2.63 estimated Revenue: $113.83 billion vs. $111.43 billion estimatedWall…

On Tuesday night, thieves dressed as Robin Hood raided a Montreal grocery store and handed out stolen goods to protest soaring food prices. Just a few weeks later, the same group targeted a grocery store dressed as Santa and his elves. An activist group calling itself Robin de Ruel (Robin of the Alleys) said about 60 people, some wearing Robin Hood-style hats with feathers, entered Rachelle Berry’s health food store, took food without paying and redistributed it to “many communal refrigerators in the city,” calling it a “political act” against food inflation. The theft follows a similar incident in December,…

The sport incorporates a certain kind of shenanigans: running headfirst on a small sled down a winding road at speeds of 90 miles per hour. But Lowe, the first American athlete to medal in skeleton in 12 years at the 2025 IBSF World Championships, admittedly didn’t think it was for her at first. “My coach walked me to the line and let me go, and all of a sudden I was going so fast I couldn’t see anything, I couldn’t process anything,” she told The Athletic in December, recalling her first taste of the sport in 2016 when she was…

If you purchased Cisco Systems on March 27, 2000, you are finally complete. After nearly 26 years in the wilderness, Cisco’s stock price has soared above the intraday highs of the dot-com bubble, ending a long chapter in what was once the ultimate symbol of the age of internet excess. The stock price surpassed the record closing price achieved last year. Recovery took a long time. After peaking in March 2000, Cisco’s stock price plummeted nearly 90% with the bursting of the dot-com bubble, ultimately closing at a split-adjusted $8.60 on October 8, 2002. Cisco today bears little resemblance to…