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Google investors have big expectations after stock’s sharpest quarterly rally in 20 years
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters Alphabet has a high bar to clear when it reports earnings Wednesday. The company’s stock price soared 38% in the third quarter, its best quarterly […]
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OpenAI’s new Sora 2 video generation app went viral. Is it a real threat to Meta?
Meta is facing new pressure from OpenAI, the juggernaut behind ChatGPT, which is now making waves in short-form video with its viral hit, Sora 2. The new app combines AI-powered video generation with a social feed that mimics TikTok and Instagram Reels. Less than five days after its Sept. 30 launch , Sora 2 racked […]
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Meta replacing humans with AI for FTC-mandated privacy reviews
Priscilla Chan, left, Meta CEO Mark Zuckerberg, and Lauren Sanchez are among guests attending Donald Trump’s inauguration as the 47th U.S. president in the Capitol Rotunda in Washington, D.C., Jan. 20, 2025. Saul Loeb | Afp | Getty Images Meta said Thursday that it’s laying off an undisclosed number of employees in its risk organization […]
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Reddit sues Perplexity for scraping of posts, expanding user data battle with AI industry
Thomas Fuller | Lightrocket | Getty Images Social media giant Reddit has launched a lawsuit against artificial intelligence company Perplexity, alleging that it illegally scraped user posts to train its AI model, marking the latest data-rights clash between content owners and the AI industry. The complaint filed in New York federal court on Wednesday also […]
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Airbnb CEO Chesky says ChatGPT isn’t ‘quite robust enough’ to integrate into travel app
Airbnb CEO Brian Chesky said he wants to integrate ChatGPT artificial intelligence capabilities into the travel platform but the software isn’t ready. “The [software development kit] wasn’t quite robust enough for the things we want to do,” he told CNBC’s “Squawk Box” on Wednesday. Chesky said the company would “probably” want to integrate ChatGPT eventually. […]
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Meta lays off 600 employees within AI unit
Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Meta will lay off roughly 600 employees within its artificial intelligence unit as the company looks to reduce layers and operate more nimbly, a spokesperson confirmed to CNBC on Wednesday. The company announced the cuts in a memo from its Chief […]
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Meta partners with Blue Owl Capital on $27 billion AI data center project
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta said Tuesday that it formed a joint venture agreement with Blue Owl Capital in a deal worth $27 billion to fund and […]
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Facebook founder Zuckerberg must take witness stand at social media safety trial, judge rules
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple […]
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Anthropic CEO disputes Trump AI czar David Sacks’ claims that company is ‘woke’
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic CEO Dario Amodei addressed “inaccurate claims” about the artificial intelligence startup’s policy stances on Tuesday after repeatedly facing criticism from David Sacks, the venture capitalist serving as President Donald Trump’s AI and crypto czar. Amodei said the company is aligned with […]
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Airbnb adds direct messaging, new social features after app overhaul
Airbnb is adding new social features to its platform that allow guests attending experiences to communicate and keep in touch. The new updates add a direct messaging feature for attendees to connect with other guests and a pre-event dashboard that shows profiles of other participants attending the experience. Business chief Dave Stephenson said the updated […]
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