Technology
OpenAI and Anthropic’s rivalry on display as CEOs don’t hold hands at India AI summit
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam Altman (C) and Anthropic CEO Dario Amodei (R) at the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images OpenAI’s Sam Altman and Anthropic’s Dario Amodei had an awkward […]
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Dueling PACs take center stage in midterm elections over AI regulation
Assemblyman Alex Bores is interviewed on Monday, May 13, 2024, at the Capitol in Albany, N.Y. Will Waldron | Albany Times Union | Getty Images Two major AI PACs are facing off against each other in a New York congressional race — an early battleground for AI regulation that is set to pump hundreds of […]
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Chinese tech companies progress ‘remarkable,’ OpenAI’s Altman tells CNBC
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam Altman (C) and Anthropic CEO Dario Amodei (R) at the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images The progress of Chinese tech companies across the entire stack […]
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Quantum’s big leap puts data centers in the spotlight
Microsoft’s Majorana 1 quantum computing chip Microsoft After decades confined largely to research labs, Quantum computing may be closer to its breakout moment than many on Wall Street expect. The technology, which uses the principles of quantum mechanics to solve problems beyond the ability of the most powerful classical supercomputers, has long been described as futuristic. But rapid advancements have […]
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Saudi’s Humain invested $3 billion in xAI’s Series E funding round
Tareq Amin, chief executive officer of Humain, during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. The US-Saudi Investment Forum 2025 brings together visionaries, leaders, and changemakers shaping the future of global investment. Photographer: Stefani Reynolds/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Saudi […]
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Doordash stock climbs 10%, reversing plunge after earnings and revenue miss
Doordash‘s stock climbed 14% during extended trading on Wednesday, recovering from an initial downswing after the food delivery platform issued disappointing fourth-quarter results and guidance. The stock plunged 10% following the release of the company’s financials. Here’s how the company did versus LSEG estimates: Earnings per share: 48 cents vs. 59 cents expected $0.59 Est. […]
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Figma stock jumps 15% as company sees AI monetization accelerating growth
Dylan Field, co-founder and chief executive officer of Figma, speaks during a Bloomberg Television interview outside of the New York Stock Exchange in New York on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma shares jumped 15% in extended trading on Wednesday after the design software maker reported robust results and quarterly […]
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Cadence Design Systems shares pop on earnings beat, custom chip optimism
Cadence Design Systems stock rose by more than 6% on Wednesday after the chip design software company reported earnings that beat analysts’ expectations. The San Jose-based company reported financials after the bell Tuesday, posting an adjusted earnings per share of $1.99 on revenue of $1.44 billion in the fourth-quarter of 2025, about 6% higher versus […]
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Anthropic is clashing with the Pentagon over AI use. Here’s what each side wants
Anthropic is at odds with the Department of Defense over how its artificial intelligence models should be used, and its work with the agency is “under review,” a Pentagon spokesperson told CNBC. The five-year-old startup was awarded a $200 million contract with the DoD last year. As of February, Anthropic is the only AI company […]
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Cramer is looking to nibble on a software stock and bail on a health-care name
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks moved higher on Wednesday, driven by Big Tech. Shares of Nvidia climbed 2% after the company announced a multiyear partnership with Meta under which the Facebook parent will […]
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