Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Investor Brad Gerstner cautioned Monday that OpenAI’s deals with Nvidia and AMD are purely announcements, not deployments. “Now we will see what gets delivered,” the Altimeter Capital founder told CNBC. “Ultimately,…
Figma signage appears at the New York Stock Exchange in New York as the company prepares for its shares to begin trading on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma shares jumped more than 15% on Monday after the design software vendor’s technology was promoted by OpenAI CEO Sam Altman in…
Cerebras CEO Andrew Feldman speaks to the media at the Colovore office in Santa Clara, Calif., on March 12, 2024. The Washington Post | Getty Images Cerebras CEO Andrew Feldman admitted that his artificial intelligence chipmaker made a mistake last week when it didn’t immediately explain its decision to withdraw its registration for an IPO….
Samuel Boivin | Nurphoto | Getty Images Deloitte on Monday announced a deal to bring Anthropic’s artificial intelligence assistant Claude to more than 470,000 of its employees around the globe. The rollout will be Anthropic’s largest enterprise deployment ever, building on a partnership that the two companies first unveiled last year. Deloitte, which offers consulting,…
Instagram announced on Monday the launch of a new “Rings” award that will give 25 creators a literal gold ring and a matching badge on their profile, but no cash. Winners will be chosen by a panel including Instagram chief Adam Mosseri, filmmaker Spike Lee, designer Marc Jacobs and YouTuber Marques Brownlee. The move comes…
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace stock climbed 12% Monday, after the space company said it’s buying defense technology contractor SciTec for $855 million…
Sam Altman, chief executive officer of OpenAI, left, and Lisa Su, chair and chief executive officer of Advanced Micro Devices, arrive for a Senate Commerce, Science, and Transportation Committee hearing in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images OpenAI and Advanced Micro Devices have reached a deal…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla posted a teaser video on X sparking speculation that the electric carmaker could be gearing up to release a new car. The first video posted…
An employee arranges a salad dressing display at an Amazon Fresh grocery store on December 12, 2024 in Federal Way, Washington. David Ryder | Getty Images Amazon is closing four more Fresh supermarkets in Southern California as the e-commerce giant continues to focus its grocery strategy around Whole Foods and delivery. The closures will take…
Andrew Feldman, co-founder of Cerebras System Inc., speaks at the Raise summit in Paris, France, on Tuesday, July 8, 2025. Nathan Laine | Bloomberg | Getty Images Artificial intelligence chipmaker Cerebras on Friday filed paperwork with the U.S. Securities and Exchange Commission withdrawing plans for an initial public offering. The agency is operating at a…
