Microsoft Corp
Microsoft AI chief says company won’t build chatbots for erotica
Mustafa Suleyman CEO and co-founder of Inflection AI speaks during the Axios BFD event in New York City, U.S., October 12, 2023. Brendan Mcdermid | Reuters Microsoft AI CEO Mustafa Suleyman said the software giant won’t build artificial intelligence services that provide “simulated erotica,” distancing itself from longtime partner OpenAI. “That’s just not a service […]
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Trump White House ballroom financed by Big Tech and these other corporate donors
U.S. President Donald Trump speaks holding a photos of the new ballroom during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC on October 22, 2025. Salwan Georges | The Washington Post | Getty Images Big Tech and other publicly traded companies are helping to […]
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White House East Wing demolition nearly complete to make room for Trump ballroom
Work continues on a largely demolished part of the East Wing of the White House, Thursday, Oct. 23, 2025, in Washington, before construction of a new ballroom. Jacquelyn Martin | AP The demolition of the White House East Wing is nearly complete as President Donald Trump pushes ahead with plans to build a massive ballroom, […]
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Quantum stocks stayed higher after Trump administration’s denial of equity talks. Here’s why
The Trump administration is pouring cold water on a report that it’s “currently” in talks to take equity stakes in quantum computing companies like IonQ, Rigetti Computing, and D-Wave Quantum, but shares in each of the companies were still comfortably higher Thursday. “The Commerce Department is not currently negotiating equity stakes with quantum computing companies,” […]
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Europe’s big enterprise AI hope SAP books 85% of 2026 revenue as deals boom
The world of enterprise AI is dominated by U.S. names from Microsoft to Salesforce, but Europe has a major player that is pushing hard into the space: SAP. In an exclusive interview with CNBC’s “Europe Early Edition,” SAP CEO Christian Klein said that AI is “the number one reason” why customers are signing deals with […]
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CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs
Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue […]
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CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth
Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed […]
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Elon Musk says Tesla ‘not about to replace Nvidia’ as EV maker develops chips for cars, robots
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Tesla’s forthcoming artificial intelligence chip that it’s calling the AI5 will be manufactured by Samsung in Texas as well as by TSMC […]
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Applied Digital signs $5 billion AI factory lease with U.S. based hyperscaler
Applied Digital said on Wednesday that it signed a $5 billion infrastructure lease agreement with a U.S. hyperscaler. Shares of the data center company dropped more than 7% following the announcement, continuing a recent slumped that’s sent the stock down over 20% in the past week. The stock has still almost quadrupled this year. The […]
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AI is already taking white-collar jobs. Economists warn there’s ‘much more in the tank’
Marc Benioff, chief executive officer of Salesforce Inc., speaks during the 2025 Dreamforce conference in San Francisco, California, US, on Tuesday, Oct. 14, 2025. Michael Short | Bloomberg | Getty Images JPMorgan Chase and Goldman Sachs are harnessing it to employ fewer people. Ford CEO Jim Farley warned that it will “replace literally half of […]
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