Enterprise
Amazon upheaval: With morale shaken, Jassy looks for next big play after mass layoffs
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy sat on a stage in a Seattle conference center in September, looking out at an audience of thousands of sellers who’d traveled from around the world to the company’s […]
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Armis raises $435 million, valuing cybersecurity startup at $6.1 billion
Armis CEO Yevgeny Dibrov and CTO Nadir Izrael. Courtesy: Armis Cybersecurity startup Armis has raised $435 million in a funding round that values the company at $6.1 billion. “The need for what Armis is doing and what we are building, in this cyber exposure management and security platform, is just increasing,” CEO and co-founder Yevgeny […]
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Super Micro stock drops on slumping sales, weak earnings
Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer shares plunged as much as 10% in extended trading on Tuesday after the server maker issued weaker-than-expected results for the fiscal first quarter. Here’s how the […]
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AMD reports better-than-expected results but margin guidance only meets estimates
AMD CEO Lisa Su speaks at a Senate Commerce, Science, and Transportation Committee hearing in Washington on May 8, 2025. The leaders of some of the biggest technology and artificial intelligence companies will go to Congress on Thursday with a wish list of sorts that at its top has doing away with regulation they say […]
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IBM cutting thousands of jobs in the fourth quarter
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images IBM said Tuesday that it will lay off a small percentage of its employees in the current quarter. “In the fourth quarter we […]
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Fentanyl, ICE and popcorn: Palantir CEO Alex Karp’s earnings call commentary
Alex Karp, Palantir CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir CEO Alex Karp took on a familiar target during the company’s earnings call on Monday: His critics. “Please turn on the conventional television and see how unhappy those that didn’t invest in us are,” Karp said, after the data […]
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Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Palantir reported quarterly results that topped analysts’ estimates and issued better-than-expected guidance for the fourth quarter, attributing much of its strength to artificial intelligence. […]
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Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips
In this photo illustration, a person is holding a smartphone with the logo of US GPU hardware company Lambda Inc. (Lambda Labs) on screen in front of website. Timon Schneider | SOPA Images | AP Cloud computing startup Lambda announced on Monday a multibillion-dollar deal with Microsoft for artificial intelligence infrastructure powered by tens of […]
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MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai
MongoDB CEO Dev Ittycheria arrives at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 9, 2025. David Paul Morris | Bloomberg | Getty Images Database software maker MongoDB said on Monday that CEO Dev Ittycheria is stepping down from the top job after an 11-year run. Chirantan “CJ” Desai, […]
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Microsoft AI chief says only biological beings can be conscious
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft AI chief Mustafa Suleyman says only biological beings are capable of consciousness, and that developers and researchers should stop pursuing […]
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