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How Epic’s 82-year-old CEO Judy Faulkner built her software factory

Sagar10 months ago020 mins

Judy Faulkner, founder and chief executive officer of Epic Systems Corp., during the Forbes Healthcare Summit in New York, Dec. 5, 2023. Michael Nagle | Bloomberg | Getty Images Do not go public. Do not acquire or be acquired. Software must work. These are the first three of the 10 commandments splashed across bathrooms and…

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  • Business

OpenAI’s ChatGPT to hit 700 million weekly users, up 4x from last year

Sagar11 months ago03 mins

OpenAI is set to hit 700 million weekly active users for ChatGPT this week, up from 500 million in March, marking a more than fourfold year-over-year surge in growth, the company said Monday. The figure spans all ChatGPT artificial intelligence products — free, Plus Pro, Enterprise, Team, and Edu — and comes as daily user…

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  • Business

OpenAI backs AI data center in Norway With 100,000 Nvidia GPUs

Sagar11 months ago03 mins

Jaque Silva| Nurphoto | Getty Images OpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project. British firm Nscale will design and build the site as part of a 50-50 joint venture with Norwegian energy infrastructure firm Aker. OpenAI will be…

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  • Business

Why a great company’s beat and raise was sold, and my plan for the stock

Sagar11 months ago08 mins

When is a beat and raise not a beat and raise? That’s a question that has frustrated us this earnings season. Case in point: How about Honeywell ‘s beat and raise last week? Here’s a conglomerate splitting into three different companies, which also has a quantum computing business that’s probably more advanced than any of…

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  • Business

How Huawei ascended from telecoms to China’s ‘jack of all trades’ AI leader

Sagar11 months ago08 mins

The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Despite being beaten down by years of U.S. trade restrictions, China’s telecom giant Huawei has quietly emerged as one of the country’s fiercest competitors across the entire AI landscape.   Not only does the Shenzhen-based firm appear to represent Beijing’s answer…

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  • Business

Microsoft stops relying on China engineers for Pentagon cloud support

Sagar11 months ago03 mins

Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support…

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  • Business

America’s 10 strongest state economies prepared for recession

Sagar11 months ago011 mins

With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a “transition period” — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy. “Multiple international headquarters, hundreds of billions of committed investments…

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  • Business

Tom Lee’s Granny Shots ETF is crushing the market and raking in cash

Sagar11 months ago03 mins

Tom Lee, managing partner and head of research at Fundstrat Global Advisors, speaking on CNBC’s “The Exchange” on Oct. 31, 2023. Adam Jeffery | CNBC Tom Lee’s Fundstrat Capital rose to prominence with timely macroeconomic calls on the market, and now his new ETF is flexing the firm’s stock picking prowess. The Fundstrat Granny Shots…

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  • Business

Coffee prices rise on Trump tariff threat, plus market rotation winners

Sagar11 months ago03 mins

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Wall Street was mixed Thursday, with the S & P 500 higher and the Nasdaq lower. Modest moves in the indexes again masked a rotation out of higher-multiple stocks…

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  • Business

The AI gold rush is here, but adoption data shows that its just getting started

Sagar11 months ago07 mins

The adoption of artificial intelligence tools is increasing at a rapid pace but remains far from ubiquity, providing more fuel for the AI trade to keep rallying. A string of recent data shows that businesses and consumers in the U.S. are increasingly using generative AI to help complete more tasks and address inquiries more quickly…

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