OpenAI’s infrastructure lead, Sachin Katti, announced on Wednesday that he is departing his role after roughly a year at the artificial intelligence company. Katti said in a post on LinkedIn that he “decided to move on to build something new,” and he’ll continue to support OpenAI as an advisor after his last day on Nov….
Vcg | Visual China Group | Getty Images CoreWeave‘s stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily for the artificial intelligence build-out. Shares of the so-called neocloud nosedived 16%, while yields on its debt jumped higher. The yield to maturity on its 9.625%…
Matteo Danieli, co-founder of Bending Spoons, center, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, July 1, 2026. Michael Nagle | Bloomberg | Getty Images Shares of Bending Spoons skyrocketed 35% after a new securities filing revealed that Berkshire Hathaway made a fresh $330 million investment…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. There’s a strategy war brewing to win Gen Z’s attention — and it involves everything from neon signs to dead mascots. Stock futures are lower this morning. The S&P 500 ended yesterday’s session little changed. Here are five key things…
The Apple HomeView, an iPad-like device meant to hang on walls or perch on tabletops that will showcase its AI-upgraded Siri virtual assistant, during a launch of smart home products in New York City, US, October 13, 2026. Shannon Stapleton | Reuters With the holidays just months away, tech companies are betting this is finally…
SINGAPORE, SINGAPORE – OCTOBER 11: Max Verstappen of the Netherlands driving the (3) Oracle Red Bull Racing RB22 Red Bull Ford Powertrains and Charles Leclerc of Monaco driving the (16) Scuderia Ferrari SF-26 battle for the race lead at the start during the F1 Grand Prix of Singapore at Marina Bay Street Circuit on October…
ASML says it's getting order interest through 2030 as profit smashes expectations Source link
Dell Technologies CEO Michael Dell said that artificial intelligence models “have to have safeguards and controls” as the debate rages on over the threats the rapidly evolving technology could pose to humans. “I think we’ve always had technology that can do great things and maybe do some not-so-great things. You know, fire can heat your…
There’s a new picks-and-shovels play on the artificial intelligence build-out, but CNBC’s Jim Cramer said Tuesday that investors should keep the stock at arm’s length. The “Mad Money” host gave two primary reasons for holding off on Accelevation Holdings: He’s becoming more cautious about data center stocks ahead of the midterm elections and prefers established…
Dario Amodei, co-founder and chief executive officer of Anthropic, during an interview on “The Circuit with Emily Chang” at Anthropic’s headquarters in San Francisco, California, US, on Thursday, April 30, 2026. Jason Henry | Bloomberg | Getty Images Anthropic is asking a federal court in Washington, D.C. to rehear its appeal in a case concerning…