Sam Altman, chief executive officer of OpenAI, left, and Lisa Su, chair and chief executive officer of Advanced Micro Devices, arrive for a Senate Commerce, Science, and Transportation Committee hearing in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images OpenAI and Advanced Micro Devices have reached a deal…
Keith Heyde stands on site in Abilene, Texas, where OpenAI’s Stargate infrastructure buildout is underway. Heyde, a former head of AI compute at Meta, is now leading OpenAI’s physical expansion push. OpenAI It wasn’t how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon, Heyde spent late…
Company: Workiva (WK) Business: Workiva is a provider of cloud-based reporting solutions that are designed to solve financial and non-financial business challenges at the intersection of data, process and people. The company offers its unified software-as-a-service, or SaaS, platform that brings customers’ financial reporting; environmental, social and governance (ESG); and governance, risk and compliance (GRC)…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Wall Street lost some steam in afternoon trading Friday, as AI trade bellwether Nvidia gave up earlier gains and turned negative. Tesla , another momentum…
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena in Seattle, Washington, on April 23, 2015. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo…
CNBC’s Jim Cramer on Monday pushed back against the narrative that Wall Street’s fervor for artificial intelligence is the same as the dotcom bubble of 2000, saying there are major differences in terms of the quality and funding of the current Big Tech stocks that are leading the market to new heights. “Speaking as an…
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI CEO Sam Altman is everywhere. His artificial intelligence startup, now valued at $500 billion, has been inking deals valued in the tens to hundreds of billions of dollars…
Former Meta global affairs chief Nick Clegg said Friday that tech companies should keep a distance from politics and people should feel “uneasy” about those firms intervening in the public space. “I generally don’t think that politics and tech innovation mixes very well,” Clegg told CNBC’s “Squawk Box.” “I think it’s quite good when they kind…
OpenAI CEO Sam Altman listens to questions at a Q&A following a tour of the OpenAI data center in Abilene, Texas, Sept. 23, 2025. Shelby Tauber | Reuters This week, OpenAI redefined what momentum — and risk — look like in the artificial intelligence arms race. Now comes the hard part: Executing on CEO Sam…
Light uses artificial intelligence to automate companies’ finance and accounting functions. Light Danish startup Light is the latest in a series of European tech firms raising cash as venture capitalists search for the next big thing in artificial intelligence. Founded in 2022, Light develops software that uses AI to automate various functions that exist within…
