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Tag Archives: CNBC
‘Muskonomy’ shakeup: SpaceX valuation approaches Tesla’s after merger with xAI
Elon Musk is now overseeing two companies worth over $1 trillion, at least on paper.
Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs
Pinterest CEO Bill Ready lashed out at staffers who created an internal tool to track layoffs at the company, and fired those involved.
CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that there’s “no drama involved” between the company and OpenAI. “Everything’s on track,” he added.
KKR and Singtel to acquire remaining stake in data center firm STT GDC for over $5 billion
The deal pegs the enterprise value at S$13.8 billion.
Microsoft promotes sales leaders as company pursues AI growth
Judson Althoff, CEO of Microsoft’s commercial business, wants to reduce the customer feedback loop as the company sells artificial intelligence services.
How one country is engineering its way out of a construction cost crisis
While a building boom is good for the economy, it presents challenges, with construction costs in Singapore consistently ranked among the highest in the world.
Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other
Five months after OpenAI and Nvidia announced a $100 billion deal, no contract has been signed and no money has changed hands.
AMD shares drop as forecast comes up short of some expectations
AMD’s first-quarter forecast fell short of what some analysts were hoping for amid an AI spending boom.
Match beats estimates, but issues weak guidance on higher spending
Match is in the middle of a three-year business overhaul that includes bringing Hinge to $1 billion in annual revenue next year.
Apple adds agents from Anthropic and OpenAI to its coding tool
Apple is introducing agentic coding to Xcode, jumping into one of the biggest trends in technology.