Arda Kucukkaya | Anadolu | Getty Images Meta is granting stock options to key leaders in an effort to retain talent as pressure intensifies on the company to bolster its position in artificial intelligence. The executives in the incentive plan include CFO Susan Li, technology chief Andrew Bosworth, Chief Product Officer Christopher Cox and operating…
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images SK Hynix revealed Wednesday that it made a confidential filing with the U.S. Securities and Exchange Commission for a potential listing on Wall Street…
A jury ruled Tuesday against Meta in a major New Mexico trial in which the state’s attorney general alleged that Meta failed to safeguard its family of apps from child predators. The civil trial, in which opening arguments began on Feb. 9 in a Santa Fe courthouse, centers on allegations that Meta violated state consumer…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Anthropic is in San Francisco federal court Tuesday to ask a judge to temporarily pause the Pentagon’s blacklisting of its Claude artificial intelligence models and…
Intrinsic’s flagship product, Flowstate, is a web-based platform that allows users to build robotic applications without having to write thousands of lines of code. Intrinsic Google is adding another robotics partnership to its belt as it leans into robotics as a key bet for artificial intelligence. Agile Robots develops intelligent, sensor-based robotic arms and humanoid…
People visit Micron booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images Micron‘s blowout second-quarter earnings report fueled by a surge in memory demand hasn’t been a boon for the stock. Since…
Amazon Web Services said it was once again experiencing service disruptions in Bahrain on Monday due to drone activity amid the ongoing conflict in the Middle East. “We are working closely with local authorities and prioritizing the safety of our personnel throughout our recovery efforts,” a spokesperson said in a statement shared with CNBC. AWS…
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial…
Shares of Synopsys climbed about 4% Monday as activist investor Elliott Investment Management built a multibillion-dollar stake in the company, CNBC’s David Faber confirmed. “As AI drives a step change in chip complexity and capital investment, Synopsys is uniquely positioned to benefit from this growth,” Jesse Cohn, Managing Partner at Elliott, told CNBC. “We believe…
The Spotify music app is seen on a phone in New York City on June 4, 2024. Michael M. Santiago | Getty Images Streaming music apps have been nudging users into the artificial intelligence era with a limited track record of success. But AI-based recommendation tools from Apple, Amazon and pure-play streaming company Spotify are…
