Intel’s latest earnings report showed big demand for central processing units, or CPUs, as companies rush to build out their artificial intelligence capabilities, sending its stock surging. The numbers led investors to scoop up shares of another major chipmaker: Advanced Micro Devices. AMD shares soared more than 12% on Friday as Wall Street analysts were…
DeepSeek reportedly has not shared its upcoming AI model with American engineers and instead granted early access to Chinese companies, further intensifying the technological war between the U.S. and China, as of Feb. 26, 2026. Nurphoto | Nurphoto | Getty Images Chinese artificial intelligence startup DeepSeek on Friday released a preview version of its long-awaited…
Audi’s electric SUV, the E7X, will begin presales on May 8. The vehicle will incorporate AI features from ByteDance’s Doubao and iFlyTek. Evelyn Cheng | CNBC BEIJING — Chinese tech giant Alibaba said Friday that its Qwen artificial intelligence model will be integrated into vehicles from automakers including BYD and a local joint venture of…
Lip-Bu Tan, CEO of Intel Corp., departs following a meeting at the White House in Washington, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker jumped 20% in after-hours…
IBM CEO Arvind Krishna appears at a Diwali celebration in the Oval Office of the White House in Washington on Oct. 21, 2025. Allison Robbert | Bloomberg | Getty Images IBM shares slipped 6% in extended trading on Wednesday after the hardware, software and consulting provider reported stronger-than-expected first-quarter results but maintained full-year guidance. Here’s…
Microsoft CEO Satya Nadella speaks during the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Prior to SpaceX’s announcement this week that it’s obtained the right to acquire Cursor for $60 billion, Microsoft looked at a potential deal for the AI coding startup, according…
Google, LinkedIn and Wikipedia are among hundreds of websites and apps where Meta plans to capture employee keystrokes and mouse clicks as part of a project to train its artificial intelligence models, according to internal messages viewed by CNBC. A new employee tracking tool, dubbed Model Capability Initiative (MCI), allows Meta to observe and collect…
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 South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue…
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images International Business Machines CEO Arvind Krishna told CNBC on Wednesday that the Iran war and other geopolitical uncertainty are leading the company to guide cautiously. IBM beat analyst first-quarter…
Bill McDermott, CEO of ServiceNow Inc., during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 10, 2025. David Paul Morris | Bloomberg | Getty Images ServiceNow reported first-quarter results on Wednesday that narrowly beat Wall Street’s estimates as the software company said the conflict in the Middle East dragged on…
