Thomas Fuller | SOPA Images | Lightrocket | Getty Images IREN shares surged in extended-trading on Thursday before giving back nearly all of the gains after the data center operator announced a partnership with semiconductor giant Nvidia. Nvidia and IREN will deploy up to 5 gigawatts of the chip maker’s DSX-branded infrastructure designs intended to…
Evan Spiegel, co-founder and CEO of Snap, during the Axios Media Trends Live event in New York, Sept. 18, 2025. Michael Nagle | Bloomberg | Getty Images Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday and provided cautious sales guidance while revealing it no longer has 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 reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 17% after the report. Here’s…
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta shares fell in extended trading on Wednesday after the company reported lower-than-expected capital…
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…
San Jose CA, commercial hub of silicon valley and its network of freeways. Steve Proehl | The Image Bank | Getty Images Despite the C-suite’s enthusiasm over artificial intelligence agents that can plow through office tasks like never-sleeping interns, the underlying technology is still rickety and a potential cost-sucker. That much was clear this week…
The Cursor logo arranged on a smartphone in New Hyde Park, New York, Nov. 20, 2025. Gabby Jones | Bloomberg | Getty Images Artificial intelligence startup Cursor is in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment, a source familiar with the matter…
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI’s Alexandr Wang nine months ago, as the Facebook parent…
Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images Over a decade ago, Meta – then known as Facebook – hired social science researchers to…
