Like millions of fellow 18-year-olds across the U.S., Zach Yadegari spent his summer preparing for college. Unlike most other freshmen, Yadegari doubts he’ll linger in academia for very long. He’s the co-founder and CEO of Cal AI, a calorie-tracking mobile app he launched from his parents’ home in Roslyn, New York, in May 2024 —…
The Jeff Bezos-backed Slate Automotive says it can sell an American-made electric vehicle pickup truck for about half of the average transaction price in the U.S. Slate’s pitch is keep the vehicle as simple as possible to save on manufacturing costs, and then let owners add on and customize the truck however they want. The…
Hidden among the majestic canyons of the Utah desert, about 7 miles from the nearest town, is a small research facility meant to prepare humans for life on Mars. The Mars Society, a nonprofit organization that runs the Mars Desert Research Station, or MDRS, invited CNBC to shadow one of its analog crews on a…
Swiss brand On is quickly emerging as a global challenger in the sportswear market. The company, which sells premium-priced athletic shoes and apparel, reported net sales for the three-month period ended March 31 rose over 40% to 726.6 million Swiss francs (US$869 million) compared with the year prior. Analysts say the brand has been able…
Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine. CNBC went to…
