Enterprise
Investor Matt Shumer says viral essay wasn’t meant to scare people
Investor Matt Shumer ignited a firestorm on social media this week with an essay that warned about the disruptive potential of AI. More than 80 million views later, he said it “wasn’t meant to scare people.” “I want to be very clear about this, the article wasn’t meant to scare people in this way,” Shumer […]
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Nvidia’s stock is down and AMD is up. The culprit may be Arista.
President and CEO of Arista Networks Jayshree Ullal Scott Mlyn | CNBC Shares of Nvidia and Advanced Micro Devices moved in opposite directions on Friday, after the CEO of Arista Networks told investors that her company is seeing some deployment shifting to AMD. Nvidia’s stock fell almost 3%, while AMD gained close to 1%. “A […]
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Anthropic taps ex-Microsoft CFO, Trump aide Liddell for board
Chris Liddell, White House deputy chief of staff for policy, listens during an American Workforce Policy Advisory Board meeting in the East Room of the White House in Washington, D.C., U.S., on Friday, June 26, 2020. Al Drago | Bloomberg | Getty Images Anthropic on Friday announced it has appointed longtime executive and political operative […]
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Enterprise AI startup Cohere tops revenue target as momentum builds to IPO: Investor memo
Aidan Gomez, chief executive officer of Cohere Inc., at the Bloomberg Tech summit in London, UK, on Tuesday, Oct. 21, 2025. Chris Ratcliffe | Bloomberg | Getty Images Artificial intelligence startup Cohere has told investors that it’s seeing momentum with enterprise customers, even as rivals like Google, Anthropic and OpenAI claw for market share. Cohere […]
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AWS CEO Garman says software AI fears are ‘overblown’
Amazon Web Services CEO Matt Garman suggested that investors might be worrying too much about the risk of artificial intelligence models slowing growth of major software companies. “Look, my own opinion is that much of the fear is overblown,” Garman told CNBC’s Jon Fortt on Thursday. Technology stocks have sold off this year following the […]
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Anthropic closes $30 billion funding round as cash keeps flowing into top AI startups
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters OpenAI has the largest private tech fundraising round on record. Rival Anthropic now has the second. Anthropic announced on Thursday the close of a $30 billion funding round […]
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Cisco’s stock drops 7% on mediocre forecast even as earnings and revenue top estimates
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did […]
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Cloudflare pops 10% as AI agent wave led by viral Moltbot boosts security demand
Samuel Boivin | Nurphoto | Getty Images Cloudflare‘s stock rallied 10% Wednesday after the company beat Wall Street’s fourth-quarter estimates and issued upbeat guidance as artificial intelligence adoption fuels demand for its networking and security tools. In an earnings call with analysts Tuesday, CEO Matthew Prince said the rise of AI and agentic tools that […]
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Anthropic executive takes a thinly-veiled swipe at OpenAI over spending and ads
Anthropic is focused on growing its business rather than making “flashy headlines,” its commercial chief told CNBC in a thinly-veiled swipe at rival OpenAI as the public war of words between the AI giants continues. Anthropic aired ads at Sunday’s Super Bowl taking a dig at OpenAI’s decision to begin testing ads on ChatGPT. OpenAI […]
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Salesforce employees call on CEO Benioff to cancel ICE ‘opportunities’
Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Chris J. Ratcliffe | Bloomberg | Getty Images Over 1,400 Salesforce employees have signed a letter calling on CEO Marc Benioff to drop potential business with the U.S. Immigration and Customs Enforcement agency, two people […]
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