Tag: Breaking News: Technology
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Oracle shares tumble 11% on increased capital raise, cash concerns
Oracle beat on earnings and revenue, but negative free cash flow and the company’s plan to raise more capital is weighing on the stock.
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Prometheus live updates: Bezos and Bajaj’s exclusive interview with CNBC
Prometheus is Jeff Bezos’ AI startup that launched in November with $6.2 billion in funding. Vik Bajaj is his co-CEO.
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DoorDash lets customers use photos, prompts to order food and book reservations in latest AI push
DoorDash wants to let users simplify the ordering and reservation process through AI.
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Iran threatens Elon Musk’s companies in Middle East: Iranian state media
Iran will consider all of Elon Musk’s companies in the Middle East as military targets as it retaliates against the U.S., Iranian state media reported.
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SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel
SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls.
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As OpenAI leans into enterprise business, Apple and Google set sights on the masses
OpenAI’s aggressive push into the enterprise, where it competes with Anthropic, coincides with efforts by Apple and Google to bring advanced AI to consumers.
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Anthropic, OpenAI, other U.S. AI giants launch major London expansions amid talent and revenue scramble
The U.K. capital has become a key growth target for many of the world’s most talked about AI companies.
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AI mega-listings are ‘just the start,’ Razer CEO says, ahead of historic SpaceX IPO
Blockbuster public offerings from AI companies could be an enduring feature of the industry, Razer CEO Min-Liang Tan said Thursday, ahead of several mega IPOs.
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OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ
OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.
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Jim Cramer says one of SpaceX’s biggest risks is this group of investors
CNBC’s Jim Cramer said one of the biggest risks facing the SpaceX IPO is speculators who may rush to sell shares shortly after the stock begins trading.
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