Omer Taha Cetin | Anadolu | Getty Images Cybersecurity executives are ready to close the book on the now-infamous Hugging Face artificial intelligence hacking incident and start talking solutions. “We need to chill the hype a little bit,” said Lior Div, CEO and cofounder of agentic security startup 7AI. “Can AI find vulnerabilities fast? The…
Airbnb shares surged 15% Friday after the company delivered one of its strongest growth quarters in years and raised its full-year outlook — a turnaround CEO Brian Chesky is directly crediting to artificial intelligence. In an exclusive interview with CNBC after the earnings report, Chesky said Airbnb will spend “a lot more” on AI tokens…
Advanced Micro Devices reported second-quarter earnings on Tuesday that beat expectations, but the stock slumped in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ended June 27: EPS: $1.66, adjusted, versus $1.62 expected Revenue: $11.54 billion versus $11.28 billion expected Overall, AMD revenue climbed 50% from $7.69 billion a…
For months, cybersecurity leaders warned that artificial intelligence would reshape the threat landscape, compressing weeks- and dayslong cyberattacks into a matter of minutes. Until last week, those threats still felt like a distant risk. The OpenAI agent hack on Hugging Face illustrates that this era has not only arrived but also created a new challenge:…
Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises about the future. The problem is, they’re burning through their cash in the process. AI spending among the megacaps is projected to reach $765 billion this year, before rising to nearly $1.2 trillion in 2027, according to…
Amazon reported better-than-expected revenue and cloud growth for the second quarter. The stock shot up more than 9% in extended trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $5.75 a share. That may not compare with the $1.82 per share expected by LSEG Revenue: $200.61 billion…
Sarah Friar, CFO of OpenAI, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 21st, 2026. Oscar Molina | CNBC As OpenAI chases rival Anthropic in the enterprise and tries to sustain growth in the face of new competition from cheaper open-source alternatives, the artificial intelligence company is seeking…
Microsoft CEO Satya Nadella attends the 56th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Denis Balibouse | Reuters Microsoft is set to report fiscal fourth-quarter results after Wednesday’s closing bell. Here’s what analysts are looking for, according to LSEG consensus: Earnings per share: $4.24 adjusted Revenue: $87.62 billion At that…
WASHINGTON, DC – JANUARY 21: OpenAI CEO Sam Altman appears during a news conference with U.S. President Donald Trump in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons…
Investors are getting increasingly uncomfortable with the amount of capital needed to make the artificial intelligence buildout a reality. It’s playing out in real time in the bond market, where the biggest names involved in the blitz — Google, Amazon and Meta — are seeing credit spreads widen as fixed-income investors demand more reward to…
