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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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.