The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC, pointing to “many fields” including AI. Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society. Chinese progress is…
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…
Meta Platforms ‘ pledge to spend billions of dollars on Nvidia chips is a much-needed shot in the arm for the AI semiconductor giant and its recently middling stock. Nvidia’s scorching multiyear rally had cooled off in recent months, as investor dollars moved into other buzzy corners of the chip market like memory and storage,…
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…
Doordash‘s stock climbed 10% 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….
FILE PHOTO: The Pentagon is seen from the air in Washington, U.S., March 3, 2022. Joshua Roberts | Reuters 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…
Digital transformation and reskilling are challenges during the best of times, but Ukraine’s wartime achievements with technology deployment for its citizenry are a unique success story. Despite the full-scale Russian invasion, which happened nearly four years ago and continues to this day, the Ukrainian government has continued working towards President Volodymyr Zelenskyy’s goal of building…
Microsoft President Brad Smith speaks at a press conference at the Representation of the State of North Rhine-Westphalia about future visions for the development and application of artificial intelligence in education in NRW in Berlin on June 4, 2025. Soeren Stache | Picture Alliance | Getty Images American tech companies should “worry a little bit”…
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks CEO Nikesh Arora addressed the recent downdraft in software stocks, telling analysts in…
Arda Kucukkaya | Anadolu | Getty Images Meta CEO Mark Zuckerberg is scheduled to testify on Wednesday in Los Angeles Superior Court as part of a landmark trial about social media and safety that’s being likened to the industry’s “Big Tobacco” moment. The trial, which began in late January, centers on a young woman who…
