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Tag Archives: CNBC
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.
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.
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.
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.
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.
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.
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.
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.
Salesforce releases updated Slackbot powered by Anthropic’s AI model
Slack is upgrading Slackbot, its personal assistant, with generative AI.
SK Hynix to invest $13 billion in new plant amid memory chip shortage
South Korea’s SK Hynix will invest 19 trillion Korean won into a new advanced packaging plant, as the company attempts to meet growing memory demands.