Sundar Pichai, chief executive officer of Alphabet Inc., during a visit to the Google for Startups campus in Warsaw, Poland, on Thursday, Feb. 13, 2025. The EU has established a reputation globally for its aggressive regulation of major technology companies, including the likes of Apple and Google over antitrust concerns. Photographer: Damian Lemanski/Bloomberg via Getty…
An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on Oct. 7, 2020. David Paul Morris | Bloomberg | Getty Images Amazon is rolling out same-day delivery of fresh foods to more pockets of the U.S. as it looks…
Artificial intelligence startup Perplexity AI has made an unsolicited $34.5 billion bid for Google’s Chrome browser, CNBC confirmed on Tuesday. That figure is higher than Perplexity’s current valuation, but the company said several investors have agreed to back the deal. In July, Perplexity was valued at $18 billion as part of an extension that valued…
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic on Tuesday announced it will offer Claude for Enterprise and Claude for Government to all three branches of the U.S. government for $1 per agency for a year. It’s the latest example of how major artificial intelligence companies have been looking…
StubHub, the ticketing marketplace that spun out of eBay in 2020, has resumed its plans to go public and is now aiming to hold its IPO next month, CNBC has learned. The company originally paused its IPO plans in April as the stock market was reeling from President Donald Trump’s “liberation day” tariffs. The decision…
OpenAI CEO Sam Altman on Friday said the artificial intelligence company should prioritize growth and its investments in training and compute “for a long time,” even if it delays its path to profitability. Last year, OpenAI expected about $5 billion in losses on $3.7 billion in revenue. OpenAI’s annual recurring revenue is now on track…
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Artificial intelligence has been a shot in the arm for digital advertising. Meta and Alphabet both reported sales and earnings that beat Wall Street’s expectations, but…
When venture capitalist Keith Rabois got into e-commerce, he couldn’t stop buying brands. Now, everything must go. OpenStore, co-founded by Rabois in 2021, is shutting down nearly all of the 40-plus Shopify stores it acquired, and it’s in the process of liquidating any remaining inventory by offering steep discounts to move merchandise. Earlier this week,…
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. Manaure Quintero | Afp | Getty Images South Korea has tasked some of its biggest companies and promising startups to build a national foundational AI model using mainly domestic technology, in a…
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest shares were down more than 10% on Thursday after the company reported second-quarter earnings that missed on earnings per share….
