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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy OSHA is investigating Amazon for 'failing to keep workers safe'For years, Amazon warehouse workers have been speaking up about unsafe conditions and how they risk injury to churn out millions of packages every day. Now their claims are being backed up by federal investigators who cited Amazon for "failing to keep workers safe" and new 2022 injury data that shows Amazon workers get injured at a rate of 6.9 for every 100 workers. CNBC spoke with workers who've been hurt and asked the government, and Amazon, what's being done to make these warehouses safer.
In 2021, Amazon's injury rate was almost 1.5 times the industry average. Jennifer Crane works through pain at an Amazon warehouse in St. Peters, Missouri, after hurting her wrist in October. Amazon worker Jennifer Crane at her house outside St. Louis, Missouri, in 2022. OSHA also cited Amazon for 14 record-keeping violations, finding that the company failed to properly report worker injuries and illnesses. If you're rushing, you're going to make mistakes and someone's going to get hurt."
NVDA AMD YTD mountain Nvidia vs. AMD year to date So, the question now is: Can the rally in semis continue? To help us read the tea leaves, here's a look at what Wall Street analysts are saying about the underlying fundamentals of the industry. Evercore said a "fundamental bottom" for the semiconductor industry currently playing out in March and April "has only strengthened" recently. Analysts there believe the inventory correction that's plagued the industry in recent quarters will be largely complete by the second quarter. Bottom line While there's some variation on timing, Wall Street clearly believes a bottom is in the process of playing out in the semiconductor industry.
The American EV market is small in comparison to operations in China and Europe. In 2021, the U.S. accounted for less than 10% of new global EV registrations, while China accounted for 50% and Europe 35%. China also accounts for 70% of the world's global EV battery production capacity, meaning that the U.S. is heavily dependent on imports of battery minerals. However, a number of companies are currently working on ways to recycle lithium-ion batteries including Spiers New Technologies, or SNT which focuses on remanufacturing, refurbishing, repurposing and recycling EV batteries. With the demand for critical minerals such as graphite, lithium and cobalt expected to increase by 2050, extending the life of an EV battery can be an important step to reduce the need for mining.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia CEO Jensen Huang on how his big bet on A.I. is finally paying offAhead of this year's Nvidia GTC developer conference, CNBC sat down with founder and CEO Jensen Huang to talk about ChatGPT, gaming, the omniverse, and what's next. In this full interview, Huang takes us on the journey of Nvidia, from its early days in a condo to the dominant player in GPUs, gaming, and now A, which is a major focus of GTC this year. Huang also talks about how he handled China export controls, and geopolitical tensions swirling around Taiwan where most of its chips are made.
As the engine behind large language models (LLMs) like ChatGPT, Nvidia is finally reaping rewards for its early investment in AI. Nvidia counts on China for about one-quarter of its revenue, including sales of its popular AI chip, the A100. Nvidia Founder and CEO Jensen Huang shows CNBC's Katie Tarasov a Hopper H100 SXM module in Santa Clara, CA, on February 9, 2023. Nvidia founders Curtis Priem, Jensen Huang and Chris Malachowsky pose at the company's Santa Clara, California, headquarters in 2020. "We invented this new way of doing computer graphics, ray tracing, basically simulating the pathways of light and simulate everything with generative AI.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia expanded from gaming into A.I. Now the big bet is paying off as its chips power ChatGPTThirty years ago, Jensen Huang founded Nvidia with the dream of revolutionizing gaming with 3D graphics. Then Jensen bet the company on something entirely different: AI. Now, that bet is paying off in a big way as Nvidia's A100 chips quickly become the coveted training engines for ChatGPT. Here's how Nvidia is handling U.S.-China trade tensions and making more big bets.
Meet the $10,000 Nvidia chip powering the race for A.I.
  + stars: | 2023-02-23 | by ( Kif Leswing | ) www.cnbc.com   time to read: +8 min
Powering many of these applications is a roughly $10,000 chip that's become one of the most critical tools in the artificial intelligence industry: The Nvidia A100. The A100 is ideally suited for the kind of machine learning models that power tools like ChatGPT, Bing AI, or Stable Diffusion. Huang, Nvidia's CEO, said in an interview with CNBC's Katie Tarasov that the company's products are actually inexpensive for the amount of computation that these kinds of models need. "We took what otherwise would be a $1 billion data center running CPUs, and we shrunk it down into a data center of $100 million," Huang said. Huang said that Nvidia's GPUs allow startups to train models for a much lower cost than if they used a traditional computer processor.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCould this new transit system transform cities like New York? Autonomous Rapid Transit is a cross between light rail and a city bus. Created by the CRRC in China, it's a cost-effective alternative to mass rapid transit. Check out this video to see how it could be utilized in U.S. cities.
The Tesla Semi is finally here
  + stars: | 2023-02-18 | by ( Andrew Evers | Katie Tarasov | Jeniece Pettitt | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Tesla Semi is finally hereFive years after Elon Musk first announced the Tesla Semi, it's finally hitting roads. CNBC visited Pepsi's Frito-Lay facility in Modesto, California, where it is using the new electric trucks, to see whether the Semis live up to the hype.
Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.
That's when the 69-year-old test pilot found a residential airpark at the Pine Mountain Lake Airport. There are about 90 homes with hangars that have deeded access to use the taxiways and runway at the Tuolumne County airport in the residential airpark. As a test pilot, Sobczak works primarily out of the San Francisco International Airport (SFO). Because the Tuolumne County airport has no control tower, residents of the airpark use a common traffic advisory frequency so pilots can broadcast their position and intended flight path. Part of Sobczak's deed includes access to the Tuolumne County airport.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLivestream shopping is growing on Amazon Live, TikTok Shop and YouTube after taking China by stormLivestream shopping took China by storm during the pandemic, growing to an estimated $423 billion market. Think of it like QVC, but entirely online and hosted by influencers with millions of followers. The trend caught on slowly in the U.S., but now Amazon, TikTok and YouTube are making big moves in live shopping. CNBC goes behind the scenes with creators like @mothercould to find out what it's like to sell via livestream, and what it'll take to become a mainstream way that U.S. consumers shop.
Livestream shopping took China by storm over the past three years. In the U.S., TikTok, Amazon, Walmart , Shopify and YouTube are all getting in on the game. On Amazon Live, influencers pitch products live from the intimacy of their own homes. Tiana Young MorrisTiana Young Morris first went viral in 2020 for videos in which she tried on wigs and then reviewed them. Amazon continued its live-shopping investments with the launch of Amazon Live in India in September.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow friendship-making apps are becoming mainstreamOnline dating has become almost completely normalized, but it used to carry certain stigmas. Now, many Gen Zers are making friends online through apps like Bumble BFF and Meetup, while facing familiar criticisms. It's still not clear whether such friend-finding apps can grow to become a lucrative addition for internet dating companies.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy United Airlines-backed Archer Aviation thinks eVTOLs could replace helicoptersWith an estimated 200 companies working on them, eVTOLs are taking the aviation industry by storm. And while vertical lift aircraft have existed for more than a century in the form of helicopters, eVTOLs could disrupt the $49 billion industry in certain segments due to their cheaper maintenance and operating costs. CNBC spoke with one startup, Archer Aviation, which is backed by United Airlines, about why these new aircraft could change how people travel.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the tough job of Amazon delivery has changed with new Rivian vansAmazon has rolled out 1,000+ electric Rivian vans in at least 100 U.S. cities since July, bringing big changes for some of its 275,000 drivers delivering 10 million packages a day around the world. CNBC talked to drivers about how the job has changed since 2021, when they told us about unrealistic workloads, peeing in bottles, dog bites and error-prone routing software. Here's an inside look at the new tech Amazon says is maximizing safety, comfort and efficiency for a better driver experience.
For now, most Amazon drivers are still in about 110,000 gas-powered vans — primarily Ford Transits, Mercedes-Benz Sprinters and Ram ProMasters. Amazon wouldn't share how it determines which of its 3,500 third-party delivery firms, or delivery service partners (DSPs), are receiving Rivian vans first. Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Amazon vans have driver-facing cameras inside, which can catch unsafe driving practices as they happen. For example, an Amazon driver in Missouri was found dead in a front yard in October, allegedly after a dog attack.
The rise and fall of the Boeing 747
  + stars: | 2023-01-07 | by ( Erin Black | Jeniece Pettitt | Christina Locopo | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe rise and fall of the Boeing 747Boeing's 747 is one the most recognizable planes to take to the skies. It has flown more than 3.5 billion passengers since 1970. But over the last few decades, airlines have looked for more ways to cut costs and to make airplanes more efficient. CNBC visited Boeing's Everett, Washington factory to see the last 747 roll off the production line. CNBC takes a look at how the 747 changed aviation and what's next for Boeing.
After AMD and Intel parted ways, AMD reverse engineered Intel’s chips to make its own products that were compatible with Intel’s groundbreaking x86 software. Intel sued AMD, but a settlement in 1995 gave AMD the right to continue designing x86 chips, making personal computer pricing more competitive for end consumers. For those, AMD turned to Taiwan Semiconductor Manufacturing Co., which now makes all of AMD’s most advanced chips. AMD’s data center customers include Amazon Web Services, Google Cloud, Oracle, IBM and Microsoft Azure. And so now it suddenly makes sense to do more customized solutions.”Former Xilinx CEO Victor Peng and AMD CEO Lisa Su on stage in Munich, Germany, at the AMD
How AMD became a chip giant and finally caught Intel
  + stars: | 2022-11-22 | by ( Katie Tarasov | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow AMD became a chip giant and finally caught IntelAdvanced Micro Devices made history when it surpassed Intel by market cap for the first time this year. Intel has long held the lead in the market for computer processors, but AMD's been on the rise since it acquired adaptive chip company Xilinx in February for $49 billion. Now, AMD chips are in two Tesla models, NASA's Mars Perseverance land rover, 5G cell towers and the world's fastest supercomputer. CNBC sat down with CEO Lisa Su to hear about AMD's remarkable comeback and diversification.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow China came to dominate the U.S. in smartphone manufacturingChina has controlled the smartphone manufacturing market for years. While some industries, like the semiconductors, are scrambling to build new factories across the U.S., tech giants like Apple and Google are not making the same effort. CNBC explores why phones are built abroad and whether production should move to America. And CNBC visits a startup, Purism, at its Carlsbad, California factory to take a look inside its smartphone manufacturing facility.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's new delivery drone will start flying packages this yearNearly a decade after Jeff Bezos first announced drone delivery, Amazon says it's finally ready to start air dropping packages - literally. The MK27-2 drone will drop packages from 12 meters in the air. CNBC got a first look at the drone on Thursday. Amazon says it will start making deliveries in Lockeford, California, and College Station, Texas, by the end of 2022. Orders must fit in a shoebox-size box, weigh less than five pounds, and be able to survive the fall.
Nearly a decade after Jeff Bezos first announced drone delivery, Amazon says it's finally ready to start air-dropping packages — literally. If, when it gets to its delivery location, your dog runs underneath the drone, we won't deliver the package," said Calsee Hendrickson, who leads product and program management for the Prime Air drone program. Hendrickson gave CNBC a first look at the drone, the MK27-2, on Thursday. She said it will start making deliveries in Lockeford, California, and College Station, Texas, by the end of 2022. The drone is about five-and-a-half feet in diameter and weighs 80 pounds, according to Hendrickson.
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