Daniel Ives, GBH Insights, and Mark Mahaney, RBC Capital Markets, provide their play on the sell-off in tech stocks.
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Tech Stocks Selling At ‘Garage Sale’ Prices | CNBC

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The home assistant just got a lot cuter. Electronics and artificial intelligence company Anki just released a new home robot called Vector.
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Amazon Alexa Has A New, Cute Competitor | CNBC

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Elon Musk’s xAI, now known as SpaceXAI following a merger with SpaceX, has made the Memphis, Tennessee area the center of its AI ambitions. XAI is building three data centers there, as well as a power plant in Southaven, Mississippi. XAI’s AI infrastructure there truly deserves its name Colossus. It’s a modern marvel that was built with breakneck speed. Anthropic and Google are now renting compute capacity at the data centers in a deals worth billions of dollars. But some say the buildout has been chaotic. XAI is now facing multiple lawsuits accusing the company of using loud, pollution-emitting gas turbines, some without the required Clean Air Act permits. CNBC traveled to Memphis and Southaven to speak with locals to learn why the data centers are such a flashpoint, to find out why backlash against data centers is spreading nationwide, and to learn what hyperscalers can do to win support as they race to build AI infrastructure.

Chapters:
00:00 – 3:54 Introduction
3:55 – 10:28 SpaceX’s AI ambitions
10:29 – 17:02 Gas-burning turbines
17:03 – 20:28 Constant noise
20:29 – 22:37 Millions of gallons of water
22:38 – 28:59 Growing AI backlash

Senior Director: Jeniece Pettitt
Reporter: Lora Kolodny
Camera and Additional Editing: Andrew Evers
Edited by: Marisa Forziati
Animation: Jason Reginato, Emily Park
VP, Executive Producer: Kamelia Angelova
Senior Technology Editor: Ari Levy
Bureau Chief: Christina Passariello

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How Memphis Became The Epicenter Of SpaceX’s AI Ambitions

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Chinese automakers have made over $100 billion in EV and battery investments abroad since 2019, according to Atlas Public Policy, far outpacing US firms. CNBC’s Robert Ferris has more on how the Asian country got here and why.

Chapter 1: What is happening – 01:18
Chapter 2: Why this matters – 03:05
Chapter 3: The future – 06:00

CREDITS:
Produced by: Robert Ferris
Shot and edited by:
Additional Editing: Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, AP

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How China came to dominate the global EV factory boom

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Cisco buys tech startup AppDynamics one day before its IPO. Here’s what to expect next.
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Cisco Buys AppDynamics One Day Before Its IPO | Tech Bet | CNBC

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