Enterprise
Sam Altman touts ChatGPT’s reaccelerating growth to employees as OpenAI closes in on $100 billion funding
As OpenAI faces intensifying pressure from rival Anthropic’s improved coding tools, CEO Sam Altman is telling employees and investors that his company is seeing its share of momentum. Altman told OpenAI employees on Friday that ChatGPT, the company’s popular artificial intelligence chatbot, is “back to exceeding 10% monthly growth,” according to an internal Slack message […]
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Databricks completes $5 billion funding round at $134 billion valuation
Ali Ghodsi, co-founder and CEO of Databricks. Databricks Databricks said Monday it has raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The privately held data analytics software company also said that its annualized revenue exceeded $5.4 billion for the January quarter, up 65% year over year, […]
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Workday CEO Carl Eschenbach is stepping down, co-founder Aneel Bhusri to take over
Aneel Bhusri, CEO, Workday, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galucia | CNBC Workday on Monday announced that CEO Carl Eschenbach is stepping down from his role and will be replaced by the company’s co-founder, Aneel Bhusri, effective immediately. Bhusri has previously held a range of leadership roles at […]
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Tech AI spending may approach $700 billion this year, but the blow to cash raises red flags
A general view of the Google Midlothian Data Center where Texas Gov. Greg Abbott and Alphabet and Google CEO Sundar Pichai are scheduled to speak on Nov. 14, 2025 in Midlothian, Texas. Ron Jenkins | Getty Images Alphabet, Microsoft, Meta and Amazon are expected to spend nearly $700 billion combined this year to fuel their […]
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OpenAI executives were on a tear this week trying to quell critics
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Ahead of the Super Bowl on Sunday, OpenAI has been busy playing defense. CEO Sam Altman and a wave of senior […]
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Voyager Technologies CEO says space data center cooling problem still needs to be solved
Voyager Technologies‘ CEO Dylan Taylor said two years would be an “aggressive” timeframe for space data centers and cooling remains a problem for the developing technology. While SpaceX has the heavy lift rockets to bring components to space, Taylor told CNBC’s Morgan Brennan that the lack of a cooling solution to transfer the heat remains […]
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Tesla maintains competitive showing in China-made EV sales despite industry headwinds
Tesla remained a strong contender in Beijing’s competitive electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before, amid a broader industry slowdown. According to data published by the China Passenger Car Association on Wednesday, January deliveries from Tesla’s Shanghai Gigafactory rose by 9% to 69,129 units, from […]
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Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending
Amazon Web Services CEO Matt Garman delivers a keynote address at the AWS re:Invent conference in Las Vegas on Dec. 2, 2025. Noah Berger | Amazon Web Services | Getty Images Amazon said Thursday that revenue from its cloud unit increased almost 24% in the fourth quarter, topping analysts’ estimates. Amazon Web Services generated $35.58 […]
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Anthropic launches Claude Opus 4.6 as AI moves toward a ‘vibe working’ era
Dario Amodei, CEO and co-founder of Anthropic, speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026. Denis Balibouse | Reuters Anthropic on Thursday announced the launch of Claude Opus 4.6, its latest artificial intelligence model that’s better at coding, sustaining tasks for longer and creating higher-quality professional work products […]
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Amazon set to report earnings with AI spend, cloud growth, job cuts in focus
Andy Jassy, CEO of Amazon, arrives at The Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference in Sun Valley, Idaho, U.S., July 8, 2025. Brendan McDermid | Reuters Amazon is slated to report fourth-quarter earnings after the bell on Thursday. Here’s what analysts polled by LSEG are expecting: Earnings […]
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