Tag: technology
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We’re buying the dip in our newest chip stock, getting a better price on a great name
We initiated a position Wednesday, highlighting its central processing unit business and its foothold in manufacturing.
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LinkedIn co-founder Reid Hoffman is leaving Microsoft’s board after almost a decade
Reid Hoffman was one of OpenAI’s first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.
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Amazon unveils latest warehouse robot as tech giants continue AI layoffs
“Our experience of robots is that it’s actually driven up employment rather than the reverse,” Amazon executive John Boumphrey told CNBC.
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AI is designing OpenAI’s next model in a sign of ‘super intelligence’: SoftBank’s Masayoshi Son to CNBC
SoftBank CEO Masayoshi Son said his forecast of artificial super intelligence arriving in ten years was “conservative” and thinks it will be here sooner.
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Alphabet is seeking fresh capital as stock’s 4-week losing streak tests investor appetite
Alphabet expects capex to reach up to $190 billion this year, double last year’s spending, and the company is turning to investors to help fund its expansion.
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The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations
Anthropic took a big step this week towards pipping bitter rival OpenAI to a public market listing.
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China may move toward U.S. path on AI as firms poach employees
Tencent Chief AI Scientist Yao Shunyu, who joined the company from OpenAI, said Friday he aims to pursue artificial general intelligence.
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Tracking website, food watch: South Korea is obsessing over Nvidia CEO Jensen Huang’s visit
South Korean investors are eagerly tracking Nvidia CEO Jensen Huang’s every move as they wait to see what the AI megacap company will do next.
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CrowdStrike CEO says AI security fears will become a bigger tailwind in coming quarters
CrowdStrike CEO George Kurtz said it was too early for concerns surrounding Anthropic’s Mythos to meaningfully impact first-quarter results.
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Jim Cramer says Thursday’s rally shows investors’ ‘huge appetite’ for stocks
CNBC’s Jim Cramer said Thursday’s rally showed investors remain resilient and eager to buy stocks.
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