Technology
Microsoft promotes sales leaders as company pursues AI growth
Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft on Tuesday told employees it was promoting four sales executives, months after the software company made sales leader Judson Althoff CEO of its commercial business. Investors have been […]
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How one country is engineering its way out of a construction cost crisis
A rendering shows Singapore’s new $8 billion Las Vegas Sands development, on the right. Source: Safdie Architects Construction in Singapore has boomed since the pandemic. Several mega projects are underway, with the $8 billion Las Vegas Sands development and a new terminal at Changi Airport both breaking ground in 2025. Another major public sector project […]
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Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman appeared together on CNBC in September to announce a mammoth $100 billion deal that was poised to usher in a new chapter for the booming artificial intelligence industry. Five months later, no contract […]
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Match beats estimates, but issues weak guidance due to AI investments
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Match Group beat fourth-quarter Wall Street estimates on Tuesday but issued weak guidance as it invests in new artificial intelligence initiatives to turn around declining user growth at Tinder. Shares popped during extended trading. The stock closed 8% lower on Tuesday. Here’s how the company […]
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Intel is moving into GPUs and has hired a chief architect, CEO Lip-Bu Tan says
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel CEO Lip-Bu Tan said Tuesday that the chipmaker has appointed a new chief architect to build out graphics processing units, or GPUs. […]
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Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’
President and CEO of NVIDIA, Jensen Huang, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. Denis Balibouse | Reuters Nvidia CEO Jensen Huang said the chipmaker’s plan to invest in OpenAI remains “on track” after recent reports suggested brewing tension between the two sides. “There’s no drama involved. […]
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Musk’s xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion
Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber confirmed Tuesday. The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC. […]
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Teradyne stock pops on earnings beat driven by AI demand
Cheng Xin | Getty Images News | Getty Images Teradyne stock popped on Tuesday after the company beat fourth-quarter estimates thanks to strong artificial intelligence demand. The robotics company reported adjusted earnings of $1.80 per share, exceeding the $1.37 per share expected by analysts surveyed by LSEG. Revenue totaled $1.08 billion, topping a forecast of […]
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Spain becomes first country in Europe to ban social media for under-16s
A 13-year-old boy poses at his home as he looks at social media on his mobile phone in Sydney on December 8, 2025. (Photo by Saeed KHAN / AFP via Getty Images) Saeed Khan | Afp | Getty Images Spain announced plans on Tuesday to introduce an Australia-style social media ban for under-16s as part […]
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The xAI-SpaceX merger, Palantir earnings, China’s frowning horses and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. I did my workout studio’s Hyrox-themed class yesterday, which not only left me sore but also with a better understanding of what all the hype in the fitness business is about. S&P 500 futures ticked higher this morning. The stock […]
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