Microsoft Corp
Notion rides AI boom to $500 million in annual revenue, but Microsoft competition looms
From left, Notion founders Akshay Kothari, Ivan Zhao and Simon Last. Notion OpenAI’s public launch of ChatGPT in November 2022 is widely viewed as the event that kicked off the generative AI boom, which remains the dominant theme in the tech industry almost three years later. Notion jumped on the bandwagon early. Two weeks before […]
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David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’
watch now VIDEO9:1109:11 David Tepper: Fed could cut a few more times, but easing too much risks entering ‘danger territory’ Squawk Box Hedge fund billionaire David Tepper said the Federal Reserve could cut rates a bit more, but then risks more inflation and other dangers to the economy and markets if the central bank goes further […]
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Microsoft to spend $4 billion on second Wisconsin data center
Microsoft’s first data center in Mount Pleasant, Wisconsin. Microsoft RACINE, Wis. — Microsoft said Thursday that it will allocate $4 billion to build a second data center in Wisconsin. The first one will come online in early 2026, with the software company spending $3.3 billion on it. The first Wisconsin data center, in nearby Mount […]
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Ten years after selling Periscope to Twitter, startup’s co-founder raises $40 million for Macroscope
Macroscope employees. Macroscope It’s been a decade since Kayvon Beykpour sold Periscope to Twitter for a reported $100 million, allowing the social media site to jump into livestreaming. Twitter shuttered Periscope in 2021, and the parent company, now called X and owned by Elon Musk, gravitated to a live events product called Spaces. Meanwhile, Beykpour, […]
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Nvidia’s top two mystery customers made up 39% of the chipmaker’s Q2 revenue
Two Nvidia customers made up 39% of Nvidia’s revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmakers clientele. “Customer A” made up 23% of total revenue, and “Customer B” comprised 16% of total revenue, according to the company’s second-quarter filing with the […]
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Microsoft starts testing AI model that could escalate competition with OpenAI
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft has largely relied on OpenAI’s artificial intelligence models to power AI features in its key products. It’s trying to lessen […]
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CNBC’s Inside India newsletter: India’s three-way balancing act: Tariffs, oil, and uneasy handshakes
Hello, this is Spriha Srivastava, CNBC International’s Executive Editor for Digital, writing from London. This week, I take a closer look at India’s tightrope walk — tariffs from Washington, oil from Moscow, and an uneasy handshake with Beijing. Let’s dive in. Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping […]
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Europe markets set to open higher as investors assess Nvidia results
European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report from chipmaker Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial […]
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Microsoft fires two employees over breaking into its president’s office
Pro-Palestinian demonstrators hold banners and signs as they protest outside the Microsoft Build conference at the Seattle Convention Center in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images Microsoft on Thursday said that it had terminated two employees who broke into President Brad Smith’s office earlier this week. The news […]
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Google might lose its $26 billion search deals. Analysts say that could fuel its AI growth
Any day now, a federal judge is expected to issue a landmark ruling that could upend some of the most lucrative deals in Silicon Valley: Google’s default search contracts. At stake is more than $26 billion a year, $20 billion of which goes to Apple. That’s nearly a quarter of Alphabet’s operating income. For decades, […]
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