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Zipline ranks at No. 25 in the eleventh annual Disruptor 50 list

Drone technology company Zipline, which rose to prominence flying critical medical supplies like blood bags and vaccines over rugged terrain in Rwanda, has seen the commercial side of its business boom. Deals with Walmart, and a new drone design, are making Zipline a bigger player in the world of retail and home delivery, and not only in hard-to-reach places.

On Wednesday, the company announced new delivery deals in the U.S., with nutritional supplement and wellness retail company GNC for Salt Lake City, and Seattle-area pizza chain Pagliacci Pizza for the greater Seattle metro area. Pagliacci and Zipline have created a new custom-designed pizza box to fit two 13″ pizzas and side dishes in Zipline drones. A third new deal is closer to its drone roots: with New York-based health-care logistics company Associated Couriers, it will offer patients at long-term care facilities across Long Island delivery of specialty prescriptions and medications.  

A rendering of P2 Zips charging at a docking station.

Zipline

The deals are part of Zipline’s recent expansion into home delivery, which features its new drone platform, known as its P2 Zip, for what it says is nearly silent delivery, able to travel up to 24 miles each way from dock to dock to local communities, and can reach 99% of addresses in both urban and suburban areas at speeds much faster than traditional ground-based delivery.

Far from its first test cases in mountainous, rural setting regions, Zipline is set on dispelling the myth that the drones can’t work in high-density urban areas.

“When you mention urban, people always think of New York City and Chicago, but the reality is most of the cities in the United States don’t look like Manhattan or Chicago. They look more like Phoenix, Denver, LA, Houston, or Dallas. In those places, this technology can have a huge impact in terms of delivering ten times as fast, for half the cost, and at zero emission,” said Zipline CEO Keller Rinaudo Cliffton on CNBC’s “Power Lunch” on Wednesday, after Zipline was ranked No. 25 on the 2023 CNBC Disruptor 50 list.

Zipline has made the CNBC Disruptor list four times.

Rinaudo Cliffton said that Zipline has already delivered in urban cities across the U.S. where people don’t expect this technology to start. Its first two distribution centers are in Charlotte, North Carolina and Bentonville, Arkansas, home of Walmart.

More coverage of the 2023 CNBC Disruptor 50

Zipline drone flights first began in 2016 to help with the national blood delivery network in Rwanda, and according to a study published in Lancet, it is an approach that can result in a reduction in blood waste of up to 67%. 

Rinaudo Cliffton sees similar inefficiencies and waste, especially with carbon emissions, in the way deliveries are made today. Citing the four billion instant deliveries predicted to be made in the U.S. alone this year, he says the future will require more drone deliveries.  

“We actually think it’s inevitable that this is going to shift towards systems that are quiet, less obtrusive, and actually good for the environment,” he said.

He added that there is a huge disconnect between the logistics network approach used for most deliveries and the size and weight of most packages in e-commerce, at under five pounds.

Early this year, Walmart announced that with partners including Zipline, DroneUp and Flytrex, it had grown to 36 drone delivery hubs across Arizona, Arkansas, Florida, North Carolina, Texas, Utah and Virginia, and has made 6,000 flights.

Last week, Zipline completed its 600,000th delivery and in just two years aims to operate more drone flights every year than most major U.S. airlines.

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Musk says Tesla is expanding Austin robotaxi service, adding Grok to cars

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Musk says Tesla is expanding Austin robotaxi service, adding Grok to cars

Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China, on Jan. 7, 2020.

Aly Song | Reuters

Tesla CEO Elon Musk said the company is expanding its robotaxi service area and bringing xAI’s Grok to vehicles as it rolled out a new iteration of the artificial intelligence chatbot.

Shares gained about 3%.

Musk said on X that Grok, his AI chatbot that praised Adolf Hitler and posted a barrage of antisemitic comments recently, will be available in Tesla vehicles “next week at the latest.”

xAI officially launched the Grok 4 update overnight as the company continued to face backlash for the vitriol written by the chatbot.

In response to a user post on his social media platform X, Musk said the company is expanding its Austin, Texas robotaxi service area this weekend. He also said Tesla is awaiting regulatory approval for a launch in the Bay Area “probably in a month or two.”

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The expansion of robotaxi and Grok integration comes at a fraught time for Musk and his empire.

Tesla set its annual shareholder meeting for Nov. 6, a Thursday filing showed. A group of investors recently called on the electric vehicle company to schedule the meeting.

Its last shareholder meeting was in June 2024, as Musk established himself as a major backer of President Donald Trump‘s reelection campaign. Musk later led the Trump administration’s Department of Government Efficiency, known as DOGE.

After stepping down from DOGE at the end of May, Musk has openly feuded with Trump on social media over the major tax bill, with the president suggesting the government look at cutting contracts for Musk’s companies.

Shares have tanked from their post-election high over investor concerns that the public fight could hamper Tesla. Slowing sales and rising competition also stifled some investor appetite.

Tesla shares fell Monday, with the company losing $68 billion in value after Musk continued to blast Trump’s “Big Beautiful Bill” and said he was establishing his own political party, the “America Party.”

The world’s richest man suffered another blow Wednesday when Linda Yaccarino stepped down as CEO of his social media platform X, leaving the role after a turbulent two years for the company.

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Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

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Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

The letters AI, which stands for “artificial intelligence,” stand at the Amazon Web Services booth at the Hannover Messe industrial trade fair in Hannover, Germany, on March 31, 2025.

Julian Stratenschulte | Picture Alliance | Getty Images

Amazon said Wednesday that its cloud division has developed hardware to cool down next-generation Nvidia graphics processing units that are used for artificial intelligence workloads.

Nvidia’s GPUs, which have powered the generative AI boom, require massive amounts of energy. That means companies using the processors need additional equipment to cool them down.

Amazon considered erecting data centers that could accommodate widespread liquid cooling to make the most of these power-hungry Nvidia GPUs. But that process would have taken too long, and commercially available equipment wouldn’t have worked, Dave Brown, vice president of compute and machine learning services at Amazon Web Services, said in a video posted to YouTube.

“They would take up too much data center floor space or increase water usage substantially,” Brown said. “And while some of these solutions could work for lower volumes at other providers, they simply wouldn’t be enough liquid-cooling capacity to support our scale.”

Rather, Amazon engineers conceived of the In-Row Heat Exchanger, or IRHX, that can be plugged into existing and new data centers. More traditional air cooling was sufficient for previous generations of Nvidia chips.

Customers can now access the AWS service as computing instances that go by the name P6e, Brown wrote in a blog post. The new systems accompany Nvidia’s design for dense computing power. Nvidia’s GB200 NVL72 packs a single rack with 72 Nvidia Blackwell GPUs that are wired together to train and run large AI models.

Computing clusters based on Nvidia’s GB200 NVL72 have previously been available through Microsoft or CoreWeave. AWS is the world’s largest supplier of cloud infrastructure.

Amazon has rolled out its own infrastructure hardware in the past. The company has custom chips for general-purpose computing and for AI, and designed its own storage servers and networking routers. In running homegrown hardware, Amazon depends less on third-party suppliers, which can benefit the company’s bottom line. In the first quarter, AWS delivered the widest operating margin since at least 2014, and the unit is responsible for most of Amazon’s net income.

Microsoft, the second largest cloud provider, has followed Amazon’s lead and made strides in chip development. In 2023, the company designed its own systems called Sidekicks to cool the Maia AI chips it developed.

WATCH: AWS announces latest CPU chip, will deliver record networking speed

AWS announces latest CPU chip, will deliver record networking speed

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Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

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Bitcoin rises to fresh record above 2,000, helped by Nvidia-led tech rally

The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart.

Silas Stein | Picture Alliance | Getty Images

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close.

The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of $111,999.

The flagship cryptocurrency has been trading in a tight range for several weeks despite billions of dollars flowing into bitcoin exchange traded funds. Bitcoin purchases by public companies outpaced ETF inflows in the second quarter. Still, bitcoin is up just 2% in the past month.

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Bitcoin climbs above $112,000

On Wednesday, tech stocks rallied as Nvidia became the first company to briefly touch $4 trillion in market capitalization. In the same session, investors appeared to shrug off the latest tariff developments from President Donald Trump. The tech-heavy Nasdaq Composite notched a record close.

While institutions broadly have embraced bitcoin’s “digital gold” narrative, it is still a risk asset that rises and falls alongside stocks depending on what’s driving investor sentiment. When the market is in risk-on mode and investors buy growth-oriented assets like tech stocks, bitcoin and crypto tend to rally with them.

Investors have been expecting bitcoin to reach new records in the second half of the year as corporate treasuries accelerate their bitcoin buying sprees and Congress gets closer to passing crypto legislation.

Don’t miss these cryptocurrency insights from CNBC Pro:

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