Author: GT

Instacart announced on Wednesday that its chief business officer, Chris Rogers, has been appointed as the company’s new CEO. The appointment is effective August 15. Rogers will also join Instacart’s board of directors. The announcement comes a few weeks after Instacart CEO Fidji Simo shared that she’s stepping down to join OpenAI as CEO of Applications. Simo will remain chair of the board at Instacart. In his role as chief business officer, Rogers oversaw Instacart’s retailer relationships and expansions, Ad Sales and R&D, Partnerships, Mergers & Acquisitions, Instacart Business, and Instacart Health. Rogers joined Instacart in 2019 after nearly 11 years at…

SAN FRANCISCO (AP) — Artificial intelligence technology bellwether Nvidia overcame a wave of tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered chips that are making computers seem more human.The results announced Wednesday for the February-April period came against the backdrop of President Donald Trump’s on-again, off-again trade war that has whipsawed Nvidia and other Big Tech companies riding AI mania to propel their revenue and stock prices upward.But Trump’s tariffs — many of which have been reduced or temporarily suspended – hammered the market values of Nvidia and other tech powerhouses heading into…

Vice President JD Vance speaks at Bitcoin 2025, Wednesday, May 28, 2025, in Las Vegas.John Locker | APLAS VEGAS — Vice President JD Vance used his position on stage at the biggest bitcoin conference of the year to push the Trump administration’s efforts on stablecoin legislation, touting its potential benefits to the U.S. economy.”In this administration, we do not think that stablecoins threaten the integrity of the U.S. dollar. Quite the opposite,” Vance said, in his keynote at Bitcoin 2025 in Las Vegas on Wednesday. “We view them as a force multiplier of our economic might.”Months after a successful campaign…

Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris | Bloomberg | Getty ImagesMeta’s AI assistant now has 1 billion monthly active users across the company’s family of apps, CEO Mark Zuckerberg said Wednesday at the company’s annual shareholder meeting.The “focus for this year is deepening the experience and making Meta AI the leading personal AI with an emphasis on personalization, voice conversations and entertainment,” Zuckerberg said.The artificial intelligent assistant’s 1 billion milestone comes after the company in April released a standalone app for the tool.The plan is for…

Telegram has struck a partnership with Elon Musk’s AI company, xAI, to distribute the latter’s chatbot, Grok, via Telegram and integrate it into apps available on the chat app’s platform for one year. xAI will pay $300 million in cash and equity to the chat app as part of the deal, Telegram’s CEO Pavel Durov said on Tuesday. Durov said Telegram will also earn 50% of the revenue from xAI subscriptions purchased through the app. Earlier this year, xAI made the Grok chatbot available to Telegram’s premium users. It seems Grok might now be made available to all users. A…

Scott Strazik, chief executive officer of GE Vernova LLC, speaks during the CERAWeek by S&P Global conference in Houston, Texas, US, on Thursday, March 13, 2025. Aaron M. Sprecher | Bloomberg | Getty ImagesPresident Donald Trump’s executive orders on nuclear power could lead to the deployment of small modular reactors in the U.S. by late 2030, GE Vernova CEO Scott Strazik said Wednesday.Trump on Friday ordered the Nuclear Regulatory Commission to decide on applications to construct and operate new nuclear plants within 18 months. The order also calls for the NRC to “adopt shorter deadlines tailored to particular reactor types.”…

Apple’s Self Service Repair program is expanding to the iPad, the tech giant announced on Wednesday. The program will give iPad owners the tools they need to repair their devices at home. They can get access to repair manuals, genuine Apple parts, Apple Diagnostics troubleshooting sessions, tools, and rental toolkits. Starting Thursday, users who have an iPad Air (M2 and later), iPad Pro (M4), iPad mini (A17 Pro), and iPad (A16) can order repair kits and components, including displays, batteries, cameras, and external charging ports. “At Apple, our goal is to create the world’s greatest products that last as long as…

TechCrunch Sessions: AI takes over UC Berkeley’s Zellerbach Hall in just one week — join us June 5 for a full day of networking, learning sessions, satellite events, and more. And we’re adding another excellent speaker to our already packed lineup: Tkxel founder and CEO Umair Javed, who will be exploring the potency and potential for agentic AI to help small businesses. Getting a seat at the forefront of the AI industry has never been easier. For a limited time, save up to $300 on your pass — and get 50% off a second guest ticket. Register now before these…

Vice President JD Vance praised the cryptocurrency industry Wednesday and urged it to remain active in U.S. politics and policymaking, highlighting the Trump administration’s close ties to a deep-pocketed industry that’s become a powerful force in Washington. Speaking at a bitcoin conference in Las Vegas, Vance urged the crypto executives and enthusiasts to keep pressure on Congress to pass pro-crypto legislation supported by the White House.“We have a once-in-a-generation opportunity to unleash innovation and use it to improve the lives of countless American citizens,” Vance said in his address. “But if we fail to create regulatory clarity now, we risk…

Telegram has forged a deal with Elon Musk’s xAI to weave Grok AI into the fabric of the encrypted messaging platform.This isn’t just a friendly collaboration; xAI is putting serious money on the table – a cool $300 million, a mix of hard cash and equity. And for Telegram, they’ll pocket 50% of any subscription money Grok pulls in through their app.This leap into the world of AI couldn’t come at a more interesting time for Telegram. While CEO Pavel Durov is wrestling with some pretty serious legal headaches, and governments in certain corners of the globe are giving the…