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Tag Archives: CNBC
Oracle pops 22% on cloud growth projections even as earnings miss estimates
Oracle said total remaining performance obligations jumped 359% from a year earlier, indicating big growth prospects.
Google Cloud chief details how search giants is making billions monetizing its AI products
“We’ve made billions using AI already,” Google Cloud chief Thomas Kurian said on Tuesday.
Apple raises iPhone Pro starting price in U.S. for first time since 2017
Apple’s iPhone 17 Pro now starts at $1,099. That’s $100 more than last year’s iPhone 16 Pro.
Nasdaq to invest $50 million in Winklevoss-founded crypto exchange Gemini
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has secured Nasdaq as a strategic investor ahead of its initial public offering this week.
Microsoft says employees will be expected in office three days a week
Microsoft previously had a remote work policy that allowed most employees to work from home more frequently without manager approval.
Abu Dhabi launches low-cost AI reasoning model in challenge to OpenAI, DeepSeek
The UAE has sought to position itself as a global leader in AI in a bid to diversify its economy beyond crude oil dependency.
China’s Unitree plans $7 billion IPO valuation, Reuters reports, as humanoid robot race heats up
Unitree’s listing plans could make it one of the earliest companies specializing in humanoid robots to go public.
Chinese auto giant GAC targets 17-fold boost to European sales by 2027
GAC showed off its Aion V and Aion UT fully electric cars at the IAA Mobility show in Munich, Germany.
Nebius shares soar 51% in premarket on Microsoft AI deal
The pact between Nebius and Microsoft suggests demand for the powerful infrastructure needed to train and run AI models remains strong.
AI firm Mistral valued at $14 billion as chip giant ASML takes major stake
ASML pumped 1.3 billion euros in Mistral AI’s 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company.