Enterprise

Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet
Technology

Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet

Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is “tremendous,” the production of artificial intelligence data centers will eventually top out. “I’m sure at some point there’ll be too many of these things built, but we don’t see any signs of that,” Dell said on “Closing Bell: Overtime.” The hardware […]

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OpenAI DevDay live: Jony Ive says pace of change in AI is ‘extraordinary’
World

OpenAI DevDay live: Jony Ive says pace of change in AI is ‘extraordinary’

OpenAI DevDay 2025 is complete That’s a wrap on this year’s DevDay! Altman and Ive exited the stage, and the attendees are leaving the venue to head outside for a reception. Thanks for following along with CNBC. —Ashley Capoot Ive hopes to build tools that ‘make us happy’ In closing, Altman asked Ive what he […]

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

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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Figma’s stock pops as much as 16% after OpenAI CEO Altman touts ChatGPT integration
Technology

Figma’s stock pops as much as 16% after OpenAI CEO Altman touts ChatGPT integration

Figma signage appears at the New York Stock Exchange in New York as the company prepares for its shares to begin trading on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma shares jumped more than 15% on Monday after the design software vendor’s technology was promoted by OpenAI CEO Sam Altman in […]

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

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

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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Anthropic lands its biggest enterprise deployment ever with Deloitte deal
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Anthropic lands its biggest enterprise deployment ever with Deloitte deal

Samuel Boivin | Nurphoto | Getty Images Deloitte on Monday announced a deal to bring Anthropic’s artificial intelligence assistant Claude to more than 470,000 of its employees around the globe.  The rollout will be Anthropic’s largest enterprise deployment ever, building on a partnership that the two companies first unveiled last year. Deloitte, which offers consulting, […]

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

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 the chipmaker. AMD stock skyrocketed more than 25% Monday during premarket trading following the news. OpenAI will deploy 6 gigawatts of AMD’s Instinct graphics processing units over multiple years and across multiple generations of hardware, […]

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This Meta alum has spent 10 months leading OpenAI’s nationwide hunt for its Stargate data centers
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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 compute at Meta, is now leading OpenAI’s physical expansion push. OpenAI It wasn’t how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon, Heyde spent late […]

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AI chipmaker Cerebras withdraws IPO
Technology

AI chipmaker Cerebras withdraws IPO

Artificial intelligence chipmaker Cerebras said on Friday that it’s withdrawing plans for an IPO, days after raising over $1 billion in a fundraising round. In a filing with the SEC, Cerebras said it does not intend to conduct a proposed offering “at this time,” but didn’t provide a reason. A spokesperson told CNBC on Friday […]

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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

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. 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 […]

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