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Big Tech’s AI ambitions pose a major power test for Europe

Cooling towers at the Dampierre-en-Burly nuclear power plant, operated by Electricite de France SA (EDF), in Dampierre-en-Burly, France, on Tuesday, May 3, 2022. EDF’s falling nuclear production, combined with Russia’s invasion of Ukraine, is exacerbating Europe’s energy crisis as France is traditionally a net exporter of electricity. Bloomberg | Bloomberg | Getty Images SoftBank’s plan...
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Cramer says Marvell’s surge on Jensen Huang’s $1 trillion prediction is concerning. Here’s why

Key Points Jim Cramer said Marvell’ rally after Nvidia CEO Jensen Huang called it the “next trillion-dollar company” is concerning. While he remains bullish on Marvell and CEO Matt Murphy, he cautioned against chasing the growing euphoria around artificial intelligence stocks that surge without fundamental drivers. CNBC’s Jim Cramer said the sharp rally in Marvell...
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Palo Alto CEO says customer meeting requests have surged amid AI security concerns

Palo Alto Networks CEO Nikesh Arora said artificial intelligence is making cybersecurity more important as increasingly sophisticated AI-powered attacks force companies to strengthen their defenses. “I think we declared the ‘SaaSpocalypse’ dead for cybersecurity officially,” Arora said on CNBC’s “Mad Money” on Tuesday, referencing investor concerns earlier this year that software-as-a-service, or SaaS, companies would...
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