Oracle Corp
OpenAI leads private market surge as 7 tech startups reach combined $1.3 trillion valuation
Three years ago, Sam Altman lit the fuse for what’s become the most explosive bull run in the history of tech startups with the launch of ChatGPT. Along with OpenAI’s rapid rise to a $500 billion valuation, other prominent names like SpaceX, Anthropic and Anduril have seen astronomical markups of late. In total, a basket […]
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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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Oracle’s Larry Ellison made his $365 billion fortune by breaking every rule of wealth management
A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Larry Ellison built the world’s second-largest fortune by holding on to his Oracle shares over nearly five decades of ups and downs. At the […]
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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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Nvidia faces Wall Street’s high expectations two years into AI boom
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s second-quarter earnings report, […]
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Epic touts new AI tools for patients and doctors at company’s annual meeting
Visitors attend UGM 2025. Courtesy of Epic Space travelers, robots and, of course, artificial intelligence. They were all on display on Tuesday at Epic Systems’ annual Users Group Meeting, held at the health software giant’s 1,670-acre campus in Verona, Wisconsin. Judy Faulkner, Epic’s 82-year-old CEO, dressed for the occasion in a purple wig with neon […]
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Intel is getting a $2 billion investment from SoftBank
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 27, 2025. Bloomberg | Bloomberg | Getty Images Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker. SoftBank will pay […]
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Bill Gates meets Willy Wonka: How Epic’s 82-year-old billionaire CEO, Judy Faulkner, built her software factory
Judy Faulkner, founder and chief executive officer of Epic Systems Corp., during the Forbes Healthcare Summit in New York, Dec. 5, 2023. Michael Nagle | Bloomberg | Getty Images Do not go public. Do not acquire or be acquired. Software must work. These are the first three of the 10 commandments splashed across bathrooms and […]
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Amazon’s cloud business giving federal agencies up to $1 billion in discounts
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon Web Services has agreed to provide U.S. federal agencies with up to $1 billion in discounts for cloud adoption, modernization and training through 2028, an agency […]
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