Tag Archives: CNBC

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.

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

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

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 is asking Wisconsin’s Public Service Commission to raise the electric rate the company pays for a data center in the state.

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.

Here are five key things investors need to know to start the trading day.

Slack is upgrading Slackbot, its personal assistant, with generative AI.

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.

President Trump said in a social media post that Microsoft will “make major changes beginning this week” to make sure Americans don’t see rising energy costs.