Tag Archives: CNBC

Meta and Anduril defense startup partner on VR, AR project intended for U.S. Army

Meta and Anduril defense-tech startup founded by Palmer Luckey formed a partnership to create virtual reality and augmented reality devices for the U.S. army.

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Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

A former Microsoft executive is leading a new team at Amazon within the company’s devices unit.

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Omada Health aims to go public with market cap of up to $1.1 billion

Omada Health updated its IPO prospectus on Thursday, indicating that it plans to raise up to $158 million in its offering.

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Salesforce shares fall as software maker shows pockets of weakness

Salesforce shares slumped despite topping Wall Street’s fiscal first-quarter estimates and lifting its full-year guidance.

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Amazon AI deal with New York Times brings the paper’s content to Alexa

A growing number of news organizations have inked licensing deals with AI product makers.

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3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future

The company’s data center division continues to surge as companies, countries, and cloud providers snap up GPUs for artificial intelligence software.

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Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer

A little over two months into his new gig running Intel, CEO Lip-Bu Tan is laying out his plans to turn Intel into a legitimate chip manufacturer.

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Nvidia jumps 5% in premarket trading as results spark global chip rally

Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks.

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China’s DeepSeek quietly releases upgraded R1 AI model, ramping up competition with OpenAI

DeepSeek rose to prominence this year after its free, open-source R1 reasoning model outperformed offerings from rivals including Meta and OpenAI.

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Elon Musk says he’s leaving government work with DOGE, thanks Trump

In a post on X, Elon Musk thanked President Trump and said that his “scheduled time” for government work is coming to an end.

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