Tag Archives: CNBC

Microsoft ends tradition of naming competitors in regulatory filings

Apple, Meta and Nvidia still mention their rivals in annual reports. It’s a practice that Alphabet, Amazon and Tesla gave up years ago.

Posted in Tech | Tagged | Comments Off on Microsoft ends tradition of naming competitors in regulatory filings

Figma CEO says AI superintelligence is not a looming threat to the company

Superintelligence isn’t “out of the picture,” but it would be “quite difficult” for AI to replicate Figma’s technology, Field said.

Posted in Tech | Tagged | Comments Off on Figma CEO says AI superintelligence is not a looming threat to the company

Roblox stock soars 16% after revenue beat, strong user growth

User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year-over-year, and hours engaged up 58%.

Posted in Tech | Tagged | Comments Off on Roblox stock soars 16% after revenue beat, strong user growth

Meta, Microsoft roar higher on strong earnings as AI spending booms

Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions in capital expenditures.

Posted in Tech | Tagged | Comments Off on Meta, Microsoft roar higher on strong earnings as AI spending booms

Microsoft and Amazon are hurting cloud competition, UK regulator finds

Britain’s competition regulator called for a probe into Microsoft and Amazon’s cloud market dominance under the country’s strict new tech rules.

Posted in Tech | Tagged | Comments Off on Microsoft and Amazon are hurting cloud competition, UK regulator finds

OpenAI spearheads one of Europe’s biggest data centers with 100,000 Nvidia chips

OpenAI said it is launching a Stargate AI data center in Norway which will be designed and built by Nscale and Aker.

Posted in Tech | Tagged | Comments Off on OpenAI spearheads one of Europe’s biggest data centers with 100,000 Nvidia chips

Nvidia’s China-bound H20 AI chips face Beijing scrutiny over ‘tracking’ and security concerns

Nvidia met with Beijing officials on Thursday regarding potential national security risks posed by the resumption of its H20 chip exports to the country.

Posted in Tech | Tagged | Comments Off on Nvidia’s China-bound H20 AI chips face Beijing scrutiny over ‘tracking’ and security concerns

Elon Musk’s plan to build Boring Co. tunnels in Nashville sparks partisan feud

The Boring Company is calling its 10-mile Nashville project the Music City Loop.

Posted in Tech | Tagged | Comments Off on Elon Musk’s plan to build Boring Co. tunnels in Nashville sparks partisan feud

Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Posted in Tech | Tagged | Comments Off on Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business

Meta’s big AI spending blitz will continue into 2026

Meta CEO Mark Zuckerberg plans to continue his company’s artificial intelligence spending blitz well into the next year as rival tech giants do the same.

Posted in Tech | Tagged | Comments Off on Meta’s big AI spending blitz will continue into 2026