Tag Archives: CNBC

Airbnb poaches former Meta GenAI leader to be new technology chief

The new appointment comes amid Airbnb’s massive app redesign, which added catering and personal training.

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Tariffs and AI’s downside pose top global risks for business, World Economic Forum says

The report captures a shifting landscape where geoeconomic confrontation leaps to the top spot on the list of business worries over the next two years

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Big Tech is poaching energy talent to fuel its AI ambitions

Hires of energy-related talent by Big Tech was 30% higher in 2025 than pre-AI levels.

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Meta’s VR layoffs, studio closures underscore Zuckerberg’s massive pivot to AI

Meta began laying off employees in its Reality Labs division focused on virtual reality and shut down several VR studios as it pushes resources towards AI.

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Palantir is trying to ‘destroy’ Percepta through legal action, startup’s execs say in filing

Three months after Palantir sued Percepta employees, lawyers for the defendants said Palantir is trying to “scare others away” from leaving the company.

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Jim Cramer reveals his favorite big-cap stock to own now, sees 20% upside ahead

Sentiment toward this Mag 7 stock has strengthened as it’s increasingly seen as a leader in generative AI.

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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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