Tag Archives: CNBC

IBM recently delivered stronger earnings than expected, thanks to a 10% jump in revenue from software, meeting consensus.

FTX was one of the largest cryptocurrency exchanges in the world when it went bust in 2022. Founder Sam Bankman-Fried is serving a 25-year prison term.

OpenAI’s short-form AI video app Sora is now available on Android devices in the U.S., Canada, Japan, South Korea, Taiwan, Thailand and Vietnam.

Amazon wants Perplexity to prevent its users from using its AI browser called Comet to make purchases on their behalf.

Beta’s IPO marks a big step for the electric vertical takeoff and landing industry that’s been vying for approval from the Federal Aviation Administration.

High school and college students say they’re excited about using AI and don’t fear its impact on their job prospects.

The streaming platform had 281 million premium subscribers for the quarter, coming in just below StreetAccount expectations.

Five months after Scale AI’s high-profile founder was hired by Meta, the startup is trying to show that it’s still on a growth trajectory.

Wall Street analysts raised concerns about Palantir’s elevated valuation and famed hedge fund manager Michael Burry revealed a short position.

“The idea that chips and ontology is what you want to short is bats— crazy,” Alex Karp said.