Tag Archives: CNBC

Data center REIT CEO says real estate ‘not in an oversupply state’

Andy Power, CEO of Digital Realty says data center real estate is not oversupplied as hyperscalers like Nvidia, Amazon, Google and Meta announce more projects.

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Microsoft says communities won’t see energy price hikes near data centers as utility costs rise

Microsoft is asking Wisconsin’s Public Service Commission to raise the electric rate the company pays for a data center in the state.

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Alibaba-backed PixVerse launches real-time AI video tool, top executive tells CNBC

Co-founder Jaden Xie told CNBC that the company is about to close another financing round, after raising $100 million in the last 6 months.

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The market’s Powell reaction, JPMorgan earnings, Siri’s AI upgrade and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Salesforce releases updated Slackbot powered by Anthropic’s AI model

Slack is upgrading Slackbot, its personal assistant, with generative AI.

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SK Hynix to invest $13 billion in new plant amid memory chip shortage

South Korea’s SK Hynix will invest 19 trillion Korean won into a new advanced packaging plant, as the company attempts to meet growing memory demands.

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Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout

President Trump said in a social media post that Microsoft will “make major changes beginning this week” to make sure Americans don’t see rising energy costs.

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OpenAI acquires health-care technology startup Torch

Torch CEO Ilya Abyzov previously co-founded Forward, a direct-to-consumer primary care business that did patient visits with tech-enabled “CarePods.”

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Elizabeth Warren fears workers will ‘lose big’ with 401(k) crypto, presses SEC chair Atkins for answers

The SEC is preparing to help the Trump administration make crypto an investment in retirement plans, but Sen. Elizabeth Warren is voicing her concerns.

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The Apple-Google AI deal is a massive win for investors in both tech giants

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