SoftBank Corp
Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute […]
Read More
Saudi Arabia wants to be world’s third-largest AI provider after the U.S. and China, Humain CEO says
Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. Hamad I Mohammed | Reuters Saudi Arabia is on the road to making data its new oil — if artificial intelligence and data center company Humain gets its way. The company, owned […]
Read More
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, […]
Read More
OpenAI says HR chief Julia Villagra is leaving company
Jaque Silva| Nurphoto | Getty Images OpenAI’s human resources chief, Julia Villagra, is leaving the company, CNBC has confirmed. It’s the latest high-profile shakeup at the artificial intelligence startup, which is aggressively hiring AI talent as it faces heightened competition from Google, Meta, Anthropic and others. OpenAI CEO Sam Altman announced Villagra’s promotion to the […]
Read More
CNBC Daily Open: OpenAI CEO, who sparked AI frenzy, worries about AI bubble
Sam Altman, CEO of OpenAI, speaks during the Federal Reserve Integrated Review of the Capital Framework for Large Banks Conference in Washington, D.C, U.S., on July 22, 2025. Al Drago | Bloomberg | Getty Images There’s a bubble forming in the artificial intelligence industry, according to OpenAI CEO Sam Altman. “Are we in a phase […]
Read More
CNBC Daily Open: Is the AI industry in a bubble, as OpenAI CEO says?
Sam Altman, CEO of OpenAI, and Lisa Su, CEO of Advanced Micro Devices, testify during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images There’s a bubble […]
Read More
GPT-5’s rollout fell flat for consumers, but the AI model is gaining where it matters most
Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT. Now, three years later, he’s chasing where the real money is: Enterprise. Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying chatbot customers. But GPT-5 isn’t […]
Read More
SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence. […]
Read More
European stocks set for broadly higher open amid more tariff news; BOE and earnings ahead
Join CNBC for live updates on European markets. Source
Read More
Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet
Nikesh Arora of the United States on the first hole during the third round of The Alfred Dunhill Links Championship at The Old Course on October 02, 2021 in St Andrews, Scotland. David Cannon | David Cannon Collection | Getty Images When Nikesh Arora was named CEO of Palo Alto Networks in June 2018, the […]
Read More