Microsoft Corp
Databricks is buying database startup Neon for about $1 billion
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics startup Databricks said Wednesday that it’s buying Neon, a cloud-based database software vendor, for about $1 billion. It’s the latest big deal for Databricks, which bought artificial intelligence model training startup MosaicML for $1.3 billion in 2023 and paid over $1 billion last year for data […]
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CNBC Daily Open: Tame inflation in April banishes stagflation threat for now
People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty Images The U.S. Federal Reserve at its May 7 meeting warned that America is facing an increased risk of stagflation — a scenario in which the economy slows or contracts while inflation shoots up — […]
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Google is testing AI search on its homepage
Visual China Group | Getty Images Google‘s stalwart search button has a new neighbor: AI Mode. The artificial intelligence feature is being tested directly beneath the Google search bar beside a “Google Search” button, replacing the “I’m Feeling Lucky” widget. The new feature, though not widely available yet, is being tested in a location where […]
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Microsoft is cutting 3% of all workers
Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024. Willy Kurniawan | Reuters Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best […]
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OpenAI restructure plan gets SoftBank blessing as AI startup reportedly renegotiates Microsoft terms
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI said last week that it would restructure in a format that allows its non-profit entity […]
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Google launches AI startup fund offering access to new models and tools
Sundar Pichai, C.E.O. of Google and Alphabet, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images Google will begin a new fund aimed at investing in artificial intelligence startups, the company announced Monday. Through a fund […]
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These dividend stocks are ‘unsung heroes,’ UBS Asset Management says
Investors looking to strike a balance between offense and defense in this market should turn to companies that consistently grow their dividends, according to Jeremy Zirin, head of UBS Asset Management’s private client U.S. equity team. When stocks slid in April following President Donald Trump ‘s tariff policy announcement, investors scooped up dividend stocks — […]
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These stocks, including Microsoft, just entered overbought territory and may be due for a pullback
A few stocks that saw meaningful gains in an otherwise rough week could be due for sharp declines. The market notched its first losing week in three on Friday, with the S & P 500 finishing the five-day period with a 0.5% loss. The Nasdaq Composite and Dow Jones Industrial Average also fell on the […]
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Trump heads to the Middle East with oil, trade and nuclear ambitions on the table
US President Donald Trump (R) and Saudi Deputy Crown Prince Mohammad bin Salman al-Saud take part in a bilateral meeting at a hotel in Riyadh on May 20, 2017. Mandel Ngan | AFP | Getty Images DUBAI, United Arab Emirates — U.S. President Donald Trump will touch down in the Persian Gulf region – or […]
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How Amazon plans to catch Google and Microsoft in the quantum computing race
Another major player has entered the quantum-computing race: Amazon. The tech giant is the latest to make waves in the field with the February announcement of Ocelot, its own quantum chip. Amazon joins fierce competition from familiar rivals in cloud computing as Google, Microsoft and others race after what they say could be their next […]
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