Internet
OpenAI poaches Google executive to lead corporate development
Samuel Boivin | Nurphoto | Getty Images OpenAI has hired Google’s Albert Lee to lead corporate development, a spokesperson for the artificial intelligence startup confirmed to CNBC. Lee previously led corporate development for Google Cloud and Google DeepMind. He worked on several of Google’s high-profile acquisitions, including its $32 billion purchase of the cloud security […]
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Palantir CIO Jim Siders leaves to become head of Thrive Capital’s new IT services business
Jim Siders speaks at an event Courtesy: Jim Siders Thrive Capital, the tech investment firm known for taking big stakes in companies including OpenAI, Stripe and Databricks, announced on Monday that it’s tapped Palantir veteran Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services. Siders spent […]
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ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports
Software company ServiceNow is in advanced talks to buy cybersecurity startup Armis, which was last valued at $6.1 billion, Bloomberg reported. The deal, which could reach $7 billion in value, would be ServiceNow’s largest acquisition, the outlet said, citing people familiar with the situation who asked not to be identified because the talks are private. […]
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Trump signs executive order for single national AI regulation standard, limiting power of states
U.S. President Donald Trump looks on, as he signs an executive order on AI in the Oval Office at the White House in Washington, D.C., U.S. Dec. 11, 2025. Al Drago | Reuters President Donald Trump signed an executive order Thursday issuing a single regulation framework for artificial intelligence, undermining the power of individual states. […]
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OpenAI announces latest AI model — GPT-5.2 — and says it’s better at professional tasks
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images OpenAI on Thursday announced its most advanced artificial intelligence model, GPT-5.2, and said it’s the best offering yet for […]
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Disney’s OpenAI stake is ‘a way in’ to AI and Sora will help reach younger audience, Iger tells CNBC
The Walt Disney Company’s $1 billion equity investment in OpenAI will serve as “a way in” to artificial intelligence, which will have a significant long-term impact on Disney’s business, Disney CEO Bob Iger told CNBC’s “Squawk on the Street” on Thursday. “We want to participate in what Sam is creating, what his team is creating,” Iger said. […]
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Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator
Disney CEO Bob Iger attends late US actor Chadwick Boseman’s posthumous Hollywood Walk of Fame Star ceremony in Los Angeles, California, on Nov. 20, 2025. Unique Nicole | AFP | Getty Images The Walt Disney Company on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make […]
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Cisco’s stock closes at record for first time since dot-com peak in 2000
Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024. Stefan Wermuth | Bloomberg | Getty Images Few companies were as hot in early 2000 as Cisco, whose networking equipment served as the backbone of the internet boom. On Wednesday, Cisco’s […]
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Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips
Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday refuted a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned […]
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OpenAI hires Slack CEO Denise Dresser to lead global revenue strategy
Slack CEO Denise Dresser during TechCrunch Disrupt in San Francisco, Oct. 29, 2024. David Paul Morris | Bloomberg | Getty Images OpenAI on Tuesday announced that it’s tapped Slack CEO Denise Dresser as its chief revenue officer. Dresser will oversee the artificial intelligence startup’s global revenue strategy across both customer success and enterprise, OpenAI said in […]
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