
Jefferies' Michael Yee: Drug discovery could be one of the biggest beneficiaries of generative AI
Michael Yee, Jefferies senior biotech analyst, joins CNBC's 'Squawk on the Street' to discuss how AI could fuel drug discovery and development, the timeline for when pharmaceutical companies could see benefits from AI, and more.

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Digital Trends
11 minutes ago
- Digital Trends
Want a Copilot+ PC? The Microsoft Surface Pro 11 is $500 off today
Microsoft's Copilot is making waves, and it's not a surprise that Microsoft itself is making some of the top devices to maximize the powerful AI assistant. One of them is the Microsoft Surface Pro 11, which you can get from the Surface Laptop and Surface Pro deals of Best Buy with a huge $500 discount that slashes its price from $2,100 to $1,600. It's an extremely reliable machine that would prove to be a trustworthy companion, but you'll have to complete your purchase immediately if you want to get it for a lower price than usual. Why you should buy the Microsoft Surface Pro 11 The Microsoft Surface Pro 11, which received an amazing score of 4.5 stars out of 5 in our review, is tagged as a Copilot+ PC. This means they've integrated Microsoft's Copilot at a systemwide level and equipped the computer with components to efficiently run the AI assistant. The Microsoft Surface Pro 11 is powered by the Qualcomm Snapdragon X Elite processor, the Qualcomm Adreno GPU, and 32GB of RAM, which also make it a tool that will give a massive boost to your daily productivity. The 13-inch PixelSense Flow touchscreen of the Microsoft Surface Pro 11 offers 2880 x 1920 resolution and a dynamic refresh rate of up to 120Hz for sharp details and vibrant colors. The device also comes with a 1TB SSD for enough storage space for all of your apps and files, and Windows 11 Home pre-installed. The Microsoft Surface Pro 11 also tops our list of the best 2-in-1 laptops, but you'll have to buy the Surface Pro Keyboard if you want to use it as a laptop alternative. The Microsoft Surface Pro 11 is an excellent way to access Copilot, and it's a very tempting purchase right now because it's available from Best Buy at $500 off. From $2,100 originally, you can get it for a much lower price of $1,600, but only if you hurry, because we're not sure how much time is remaining before this offer expires. Go ahead with your transaction for the Microsoft Surface Pro 11 as soon as you can so that you won't miss out on the fantastic savings.
Yahoo
14 minutes ago
- Yahoo
Tech giant Foxconn creating 600 jobs with $450M Houston investment
Taiwan-based tech company Foxconn has acquired the Fairbanks Logistics Park, an industrial property situated on 100 acres in northwest Houston. The seller, Dalfen Industrial, announced in a news release on Thursday that the site includes four buildings totaling 1 million square feet of industrial space. Foxconn is reportedly investing $450 million in the property to build an AI server manufacturing facility, according to the Greater Houston Partnership, the largest chamber of commerce in the Houston area. The Fairbanks Logistics Park facility will create 600 direct jobs and have an estimated economic impact of $920 million. 'Foxconn Corp. is based in Taiwan and manufactures electronics for companies such as Apple,' the Greater Houston Partnership said in its New Business Announcements: Q1 2025. 'They are expanding production lines in North Houston to build an AI server.' Foxconn has not publicly commented on the facility in Houston. Dalfen Industrial, which acquired the Fairbanks Logistics Park for $90.6 million in July 2023, did not disclose the sale price to Foxconn. Ingrasys USA, a Foxconn subsidiary, acquired the property in March for $142 million, according to the Financial Times. 'This transaction marks a significant growth move for another Fortune 50 tech manufacturer entering the Houston market — joining the ranks of Apple and Nvidia, who have also announced major investments in the region,' Dalfen Industrial said in a statement. 'Together, these developments are helping to position the city as a growing hub for advanced manufacturing and AI infrastructure. Foxconn's purchase of the Fairbanks Logistics Park arrives in conjunction with Apple Inc. and Nvidia Corp. recently announcing new production facilities in the area. Foxconn supplies high-tech components for both firms. Apple plans to build a 250,000-square-foot server manufacturing facility scheduled to open in 2026. Tech firm Nvidia is building an AI supercomputer manufacturing facility in Houston, also expected to open in 2026. The post Tech giant Foxconn creating 600 jobs with $450M Houston investment appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


TechCrunch
16 minutes ago
- TechCrunch
Amazon launches new R&D group focused on agentic AI and robotics
In Brief Tech giant Amazon plans to launch a new group within its consumer product division that will focus on agentic AI. Amazon announced this new research and development group at an event on Wednesday, according to reporting from CNBC. This group will be based out of Lab126, Amazon's hardware R&D division that is behind tech including the Amazon Echo and the Kindle. The reason this agentic AI group is likely based at a hardware R&D center is that Amazon hopes this group will develop an agentic AI framework to use in the company's robotics efforts and to give the company's warehouse robots more skills. TechCrunch reached out to Amazon for more information.