AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker
OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman's company take a 10% stake in...
Enterprise
This Meta alum has spent 10 months leading OpenAI's nationwide hunt for its Stargate data centers
Keith Heyde stands on site in Abilene, Texas, where OpenAI's Stargate infrastructure buildout is underway. Heyde, a former head of...
AI chipmaker Cerebras withdraws IPO
Artificial intelligence chipmaker Cerebras Systems said on Friday that it's withdrawing plans for an IPO, days after announcing that it...
Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here's what's driving the big move
Inside Google's quantum computing lab in Santa Barbara, California.CNBCQuantum computing stocks are wrapping up a big week of double-digit gains.Shares...
Microsoft sales chief Althoff gets new role as CEO of company's commercial business
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena on April 23, 2015 in...
Palantir's stock is up 1,700% since its NYSE debut five years ago. Here's how it got there
People walk by a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on...
Early Revolut backer invests in AI-focused finance software startup Light
Light uses artificial intelligence to automate companies' finance and accounting functions.LightDanish startup Light is the latest in a series of...
Intel surges 32% as Nvidia to invest $5 billion in chipmaker, co-develop data center and PC chips
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC...
CoreWeave's stock rallies on disclosure of $6.3 billion order from Nvidia
From left, Advanced Micro Devices CEO Lisa Su and CoreWeave CEO Michael Intrator testify before the Senate Committee on Commerce,...
Adobe's stock gains on earnings, revenue beat
An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City,...
Oracle stock gains 36% to post best day since 1992, adding $244 billion in value
Oracle stock roared 35.95% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company to a historic gain.The...
Ex-Salesforce co-CEO Bret Taylor's Sierra is the latest $10 billion AI startup
Bret Taylor, chairman of the board of directors of OpenAI, attends the annual Allen and Co. Sun Valley Media and...
Figma's stock plunges after company's first earnings report since IPO
Figma shares plunged 14% in extended trading on Wednesday after the design software company reported results for the first time...
Salesforce is having a bad year. This is where investors want to see growth
Marc Benioff, co-founder and CEO of Salesforce, attends the 50th World Economic Forum in Davos, Switzerland, on Jan. 21, 2020.Denis...
'AI may eat software,' but several tech names just wrapped a huge week
A banner for Snowflake Inc. is displayed at the New York Stock Exchange to celebrate the company's initial public offering...
Okta raises forecast as CEO says economic conditions were ‘better than we thought’
Okta CEO Todd McKinnon appears on CNBC in September 2018.Anjali Sundaram | CNBCOkta shares rose 5% in extended trading on...
Trump's Nvidia and Intel meddling is a 'scattershot method of crony capitalism': Walter Isaacson
President Donald Trump's dealings with Intel and Nvidia amount to a "scattershot method of crony capitalism," Walter Isaacson said Thursday."That...
Palantir stock falls for sixth-straight day in longest losing streak since April 2024
Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling.The slide marks the longest such...
Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China
The Nvidia booth at the China International Supply Chain Expo in Beijing on July 16, 2025.Florence Lo | ReutersNvidia said...
TeraWulf stock gains more than 4% as Google boosts stake in data center operator
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesTeraWulf stock rallied more than 4% after Google hiked its stake...
