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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.”

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