Technology News Archives | Page 16 Of 86

Brad Gerstner on OpenAI’s dealmaking with AMD, Nvidia: ‘The best chips will win’

Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Investor Brad Gerstner cautioned Monday that OpenAI’s deals with Nvidia and AMD are purely announcements, not deployments. “Now we will see what gets delivered,” the Altimeter Capital founder told CNBC. “Ultimately, […]

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AppLovin stock tanks on report SEC is investigating company over data-collection practices

Technology News

The AppLovin logo arranged on a smartphone in New York, US, on Wednesday, Feb. 26, 2025. Gabby Jones | Bloomberg | Getty Images AppLovin shares plummeted on Monday after Bloomberg reported that the SEC has been probing the mobile advertising company over its data-collection practices. The agency has been looking into whether the company violated

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Cerebras CEO explains IPO withdrawal, says it still intends to go public

Technology News

Cerebras CEO Andrew Feldman speaks to the media at the Colovore office in Santa Clara, Calif., on March 12, 2024. The Washington Post | Getty Images Cerebras CEO Andrew Feldman admitted that his artificial intelligence chipmaker made a mistake last week when it didn’t immediately explain its decision to withdraw its registration for an IPO.

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Instagram will award top creators with a gold ring. But no cash

Technology News

Instagram announced on Monday the launch of a new “Rings” award that will give 25 creators a literal gold ring and a matching badge on their profile, but no cash. Winners will be chosen by a panel including Instagram chief Adam Mosseri, filmmaker Spike Lee, designer Marc Jacobs and YouTuber Marques Brownlee. The move comes

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Firefly Aerospace leaps 10% after buying defense tech firm for 5 million

Firefly Aerospace leaps 10% after buying defense tech firm for $855 million

Technology News

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace stock climbed 10% Monday premarket after the space company said it’s buying defense technology contractor SciTec for $855

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AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker

Technology News

Sam Altman, chief executive officer of OpenAI, left, and Lisa Su, chair and chief executive officer of Advanced Micro Devices, arrive for a Senate Commerce, Science, and Transportation Committee hearing in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images OpenAI and Advanced Micro Devices have reached a deal

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Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting

Technology News

An employee arranges a salad dressing display at an Amazon Fresh grocery store on December 12, 2024 in Federal Way, Washington. David Ryder | Getty Images Amazon is closing four more Fresh supermarkets in Southern California as the e-commerce giant continues to focus its grocery strategy around Whole Foods and delivery. The closures will take

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Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move

Technology News

Inside Google’s quantum computing lab in Santa Barbara, California. CNBC Quantum computing stocks are wrapping up a big week of double-digit gains. Shares of Rigetti Computing, D-Wave Quantum and Quantum Computing have surged more than 20%. Rigetti and D-Wave Quantum have more than doubled and tripled, respectively, since the start of the year. Arqit Quantum

Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move Read More »

Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech

Technology News

Amazon founder Jeff Bezos speaks with John Elkann, CEO of Exor and chairman of Ferrari at Italian Tech Week on October 3, 2025. Arjun Kharpal | CNBC TURIN, Italy — Artificial intelligence is currently in an “industrial bubble” but the technology is “real” and will bring big benefits to society, Amazon Founder Jeff Bezos said

Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech Read More »

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up

Technology News

Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI. Sopa Images | Lightrocket | Getty Images Artificial intelligence companies are the hottest ticket items in today’s startup ecosystem but the pace of change is dominated by developments at OpenAI and Anthropic.

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up Read More »

Brad Gerstner on OpenAI’s dealmaking with AMD, Nvidia: ‘The best chips will win’

AppLovin stock tanks on report SEC is investigating company over data-collection practices

Cerebras CEO explains IPO withdrawal, says it still intends to go public

Firefly Aerospace leaps 10% after buying defense tech firm for $855 million

AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker

Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting

Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move

Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up

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