Tag Archives: CNBC

Microsoft forms superintelligence team under AI chief Suleyman ‘to serve humanity’

The MAI Superintelligence Team will pursue research for improving artificial intelligence companions, diagnosing diseases and generating renewable energy.

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Doordash stock drops 15%, heads for worst day ever on spending concerns

Doordash has already shelled out billions this year to buy restaurant booking platform SevenRooms and British delivery platform Deliveroo.

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Datadog’s stock soars 20% on revenue beat, strong forecast

Datadog has rolled out multiple artificial intelligence technologies as the AI boom boosts demand for cloud security.

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OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment

OpenAI CFO Sarah Friar said in a LinkedIn post that the artificial intelligence company is not seeking a government backstop for its infrastructure commitments.

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Snap stock surges 13% after announcing Perplexity AI deal, reporting strong revenue

Perplexity will integrate its AI-powered search engine directly into the Snapchat app.

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Duolingo stock plunges 27% on light guidance as company prioritizes user growth

CEO and co-founder Luis von Ahn told CNBC that the company has shifted its investment strategy in recent months to focus on long-term initiatives.

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AI startup Metropolis, biggest parking lot network in U.S., raises $1.6 billion for major retail expansion

Metropolis, which uses AI, computer vision for payments, raised $1.6 billion in equity and debt for a big retail push at gas stations, drive-thrus, and hotels.

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Matthew McConaughey, Ryan Reynolds-backed password manager tops $400 million in ARR on AI tail winds

Canadian cybersecurity startup 1Password has surpassed $400 million in annual recurring revenue.

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Tariffs in doubt, Musk’s pay plan, shutdown flight reductions and more in Morning Squawk

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

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Google’s rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon

Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip.

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