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Snowflake shares soar to highest level in over a year as revenue tops $1 billion for first time
Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025. Michael Nagle | Bloomberg | Getty Images Snowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results. Revenue in the fiscal […]
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OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion
OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for […]
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Waymo says it reached 10 million robotaxi trips, doubling in five months
A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Waymo co-CEO Tekedra Mawakana told CNBC on Tuesday that the Alphabet-owned ride-hailing company has reached 10 million trips, doubling in the […]
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Palo Alto Networks beats on earnings and revenue, misses on gross margin
Palo Alto Networks signage displays on the screen at the Nasdaq Market in New York City, U.S., March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected earnings and revenue for the latest quarter but its gross margin was below estimates. The stock dropped 4% in extended trading on Tuesday. Here’s how the […]
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The challenges facing Elon Musk and NASA in sending humans to Mars
President Donald Trump and Elon Musk, the world’s richest man, want to make living on Mars a reality. Musk has said that his company, SpaceX, can get humans to Mars as early as 2029. Meanwhile, NASA officials have said that sending humans to Mars even by 2040 would be an “audacious” goal. China also has […]
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TikTok turns to meditation as it battles lawsuits and criticism over the app’s ill effects on children
Jaap Arriens | Nurphoto | Getty Images Plagued with allegations and lawsuits of harming users’ mental health, especially that of children, social media sensation TikTok has decided to turn to meditation — or, rather, guide its users to the calming effects of deep breathing. TikTok said Thursday that it was launching in-app guided meditation exercises […]
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Musk’s xAI says Grok’s ‘white genocide’ posts resulted from change that violated ‘core values’
Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk’s xAI on Thursday evening made its first public comment about the latest controversy surrounding Grok, writing in a post on X that an “unauthorized modification” caused the chatbot to generate variations of a “specific response on a political topic.” That controversial topic was “white genocide” […]
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Musk’s Grok AI chatbot says it ‘appears that I was instructed’ to talk about ‘white genocide’
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters The Grok chatbot from Elon Musk’s xAI startup said Wednesday that it “appears I was instructed to address the topic of ‘white genocide’ in South Africa,” according to responses viewed by CNBC. CNBC was […]
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