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From Musk to Nadella: Trump’s $500 billion AI project stirs drama among the biggest names in tech
L-R: Satya Nadella, CEO of Microsoft, Marc Benioff, Chairman and CEO of Salesforce, and Elon Musk, CEO of Tesla and SpaceX. Reuters Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project. Earlier this week, Trump announced a joint venture with OpenAI, Oracle and Softbank to invest billions […]
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Taiwan’s HTC to sell part of XR unit to Google for $250 million
An HTC Corp. smartphone is displayed inside an HTC store in Taipei, Taiwan. Bloomberg | Bloomberg | Getty Images Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google for $250 million and transfer some of its employees to the U.S. company. The transaction is expected to close in the first quarter of […]
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Google agrees to new $1 billion investment in Anthropic
Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a source familiar with the situation confirmed to CNBC. The fresh funding builds on […]
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Samsung launches S25 with boosted AI as Apple battle heats up
Samsung S25 Ultra on display at one of Samsung’s stores in London, U.K. Samsung has boosted the capabilities of the S25 on the Ultra model. Arjun Kharpal | CNBC Samsung Electronics on Wednesday launched its latest flagship smartphones — the Galaxy S25 series — touting a custom chip and boosted AI features. The S25 release […]
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Meta backs Databricks as the data analytics startup inches toward IPO
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor. As the company that trains the popular Llama open-source large language models, or LLMs, that Databricks builds on, Meta plays an important role in the artificial intelligence. Databricks works closely with Meta’s Llama […]
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AI is the hot topic at Davos this year — here’s what the top CEOs are saying
Artificial intelligence is the topic du jour at this year’s World Economic Forum Annual Meeting — a major gathering of political and corporate leaders — in Davos, Switzerland. Fabrice Coffrini | AFP / Getty Images Of all the corporate buzzwords, artificial intelligence is by far the one that’s been on every major corporate leader’s lips […]
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Microsoft loses status as OpenAI’s exclusive cloud provider
U.S. President Donald Trump speaks in the Roosevelt Room of the White House while SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman look on on January 21, 2025 in Washington, DC. Trump is expected to announce investment in artificial intelligence (AI) infrastructure. Andrew Harnik | Getty Images News | Getty […]
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Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Key Points Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee, according to Chief Information Officer Marco Argenti. The bank has released a program called GS AI […]
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Eric Schmidt’s family office invests in 22 AI startups
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Eric Schmidt, the billionaire former CEO of Google , has become known as “the AI whisperer” for his widespread predictions and […]
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Trump says he will revive TikTok, but wants 50% U.S. ownership
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | Reuters President-elect Donald Trump said he would revive TikTok access in the U.S. by executive order after he is sworn in on Monday, but said he wants the popular social media app to be at least […]
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