More than 20 members of Congress have called for new or stronger artificial intelligence regulation this week after a researcher warned that Anthropic and OpenAI are “gambling with our lives.” Rep. Lori Trahan, D-Mass, told CNBC’s “Squawk Box” on Friday that bipartisan support has reached “a tipping point.” “My phone has rung off the hook…
The Goldman Sachs Communacopia + Technology Conference continued on Thursday with Nvidia CEO Jensen Huang, Uber CEO Dara Khosrowshahi, and SpaceX CFO Bret Johnsen among the notable names set to take the stage. Artificial intelligence has been a big topic of discussion so far at the annual meeting of top executives, which started Tuesday. AirBnb…
Oracle shares jumped 7% in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results. Here’s how the company performed relative to LSEG consensus: Earnings per share: $1.92 adjusted vs. $1.74 expected Revenue: $19.35 billion vs. $19.14 billion expected Oracle’s revenue grew almost 30% year over year in the fiscal first quarter, which…
Kevin Mandia testifies during a Senate Intelligence Committee hearing on Capitol Hill on February 23, 2021 in Washington, DC. Drew Angerer | Getty Images Amazon said Kevin Mandia, the founder and former CEO of cybersecurity company Mandiant, is joining its board of directors. In a blog post on Wednesday, Amazon referred to Mandia as a…
Open AI CEO Sam Altman speaks during the G20 Innovation Ministerial in Chapel Hill, North Carolina, on September 2, 2026. Matt Ramey | Afp | Getty Images OpenAI on Thursday announced it will begin rolling out its latest artificial intelligence model, GPT-6 Astra, which the company said is the product of “years of research and…
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on Sept. 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom shares edged up 2% in extended trading on Wednesday after the chipmaker issued a rosy forecast for the next fiscal year and hinted at growing business with artificial intelligence labs….
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour in Sydney on April 23, 2026. George Chan | Getty Images News | Getty Images Microsoft will start disclosing quarterly revenue for its Azure cloud business for the first time, providing investors with a clearer picture of its business that competes with Amazon Web Services…
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations. Here’s how the company did relative to LSEG consensus: Earnings per share: $7.04 adjusted vs. $4.92 expected Revenue: $46.97 billion vs. $44.92 billion expected Revenue came in higher than…
Tomohiro Ohsumi | Bloomberg | Getty Images SB Energy, the artificial intelligence power infrastructure company backed by Softbank, OpenAI and Nvidia, has filed for an initial public offering with the Securities and Exchange Commission. Among the risk factors listed in the Tuesday filing, SB Energy said it’s “substantially dependent” on the performance of OpenAI as…
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Longtime partners OpenAI and Microsoft both indicated they were suffering from outages for key products on Monday, though there were no reports that the outages…
