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Meta's splashy new business AI hire offers yet another reason to bank on Zuckerberg
Source: CNBC
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CNBC2 outlets
AMD acquiring Fei-Fei Li's World Labs AI firm in deal worth $8.2 billion
The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.
BBC Business
Why UK diesel prices have hit an all-time high
The average price of a litre of diesel at the pump stands at 198.32p, according to the RAC motoring body.
CNBC
Michael Burry believes the AI bubble 'may burst' sooner than he first believed
The famed short seller is switching to puts with expiries in June for his major tech short bets.
BBC Business2 outlets
UK diesel price hits all-time high, the RAC says
Fallout from Iran conflict continues to drive up bill for motorists with record average cost now at 199.18p a litre Business live – latest updates Share your experience of high diesel prices in Shetland and the Outer Hebrides The price of diesel on UK forecourts has hit an all-time high average of 199.18p a litre, as the conflict in the Middle East continues to drive the cost of fuel to record levels. The price, which previously peaked at 199.09p in June 2022 after Russia’s invasion of Ukraine, could soon top the £2 mark after Donald Trump rejected Iran’s proposal for a seven-day peace deal to reopen the critical oil and gas shipping route through the strait of Hormuz. Continue reading...
BBC Business3 outlets
UK tries to stop Trump's diesel export ban
Analysts warn an export ban could backfire, pushing up global diesel prices and potentially triggering higher U.S. gasoline prices as refiners adjust.
CNBC
OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia's $13 billion deal
Hugging Face saw a flurry of deal interest before Nvidia agreed to buy the open-source platform for roughly $13 billion, CNBC has learned.