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Tag Archives: CNBC
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.
Intel is moving into GPUs and has hired a chief architect, CEO Lip-Bu Tan says
Nvidia and AMD are leaders in the GPUs, which power large language models and have skyrocketed in demand with the data center buildout.
Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’
Nvidia CEO Jensen Huang said the chipmaker’s plan to invest in OpenAI remains “on track.”