The Dow Jones Industrial Average fell on Tuesday as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
Facebook has partnered with Ray-Ban maker Luxottica to develop augmented-reality glasses, people familiar with the matter told CNBC. The glasses, code-named 'Orion,' are being...Technologyread more
Fanatics has hired Michener Chandlee, Nike's corporate audit and chief risk officer, to become its chief financial officer, succeeding Lauren Cooks Levitan, CNBC has learned.Retailread more
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"There's a huge reorganization going on in China regarding fentanyl to try to shut it down," Blackstone co-founder Stephen Schwarzman says.Health and Scienceread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
The fine against Carmene "Zsa Zsa" DePaolo was the maximum possible civil penalty that she faced under the Hatch Act for her comments about Hillary Clinton's immigration plan...Politicsread more
Sen. Elizabeth Warren has called on lobbyists to be banned from donating and fundraising for their preferred campaigns. Her new plan represents the latest shift for Warren who...2020 Electionsread more
Half of Saudi Arabia's crude production cut during Saturday's attack has been restored in the past two days, the kingdom's energy minister said Tuesday.Oilread more
Pokemon Go may have sparked the world's craving for augmented reality, but billionaire Mark Cuban says the industry still has a long way to go. He's banking on machine learning as the next big breakthrough in technology.
"I think the grand slam is going to come from deep learning, machine learning," Cuban told "Mad Money" host Jim Cramer on Tuesday.
Cuban disclosed that he has investments in machine learning and deep learning because of the multitude of ways that the immense amount of data out there can be processed.
"With deep learning in particular, you process all that data and you look for not the 100 percent conclusion, but you look for the 51 percent, the 60 percent opportunities that could send you in a new direction. And I think that's why it's so big," Cuban said.
And while he thinks there is enough room for all of the major tech players like Facebook, Alphabet and Amazon to co-exist, the tough thing is that no one knows what the next big thing in technology is. Right now, executives are simply using their intuition to make moves in the space.
"I could argue for precision medicine. I could argue that's why they are all acquiring artificial intelligence, deep learning companies, right, because they don't know where it will take them," Cuban said.
The industry went through a period of time where it automated analog data, he added. Now it is headed down a path where it is automating automation, and that will change the way everything is done.