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CNBC Technology
Google commits to invest $2 billion in OpenAI competitor Anthropic
Founded by former OpenAI executives, Anthropic has emerged as one of the hottest artificial intelligence startups, thanks to its Claude 2 chatbot
Here’s what Sam Bankman Fried said in his first full day on the stand in his $8 billion fraud trial
Sam Bankman-Fried, the founder of failed crypto exchange FTX, took the stand in New York on Friday in his criminal trial
Meta widens revenue guidance range because of Middle East unpredictability
Meta finance chief Susan Li told analysts on the company's earnings call that volatility in the Middle East is creating some revenue uncertainty
Meta shares dip following cautious commentary about unrest in the Middle East
Meta shares fell Thursday after the company offered cautious comments about the impact of the ongoing Israel-Hamas war.
Intel closes up 9% after earnings beat shows progress toward $3 billion in cost savings
Intel stock jumped Friday morning after the company beat third-quarter estimates for profit and sales.
Amazon shares jump as analysts praise third-quarter results
CEO Andy Jassy has been in cost-cutting mode to address high levels of inflation and rising interest rates over the past year.
Google paid $26 billion in 2021 to become the default search engine on browsers and phones
The number is a more granular look into how much Google pays partners, including Apple, to be the default search engine on their products.
Microsoft's AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
Large cloud vendors are still helping clients work through necessary cost cuts, but Microsoft Azure has gotten a boost from artificial intelligence.
Elon Musk wants your 'entire financial life' on X: Report
X owner Elon Musk wants to create a future in which X users can use the platform for their entire financial lives, according to a report from The Verge.
Google Maps just got another update, here's what's new
Google Maps announced some new features Thursday to allow users to get more specific recommendations and navigate with more precision.
Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debut
Shares of Indonesian logistics service provider J&T Express dropped 1.33% in Hong Kong's second-largest initial public offering this year.
Cruise pauses all driverless operations after collisions with pedestrians, permit suspensions in California
The orders of suspension followed a barrage of incidents since Cruise received approval to conduct around-the-clock robotaxi service in San Francisco.
Sam Bankman-Fried's defense team fails to land a blow as he takes the stand
Judge Lewis Kaplan sent the jury home early on Thursday to decide whether some lines of defense were admissible.
Huawei's surprise 5G smartphone helped it grow quicker than Apple in China
Huawei's Mate 60 Pro is being propelled by its advanced chip and 5G connectivity to being within touching distance of the top five smartphone makers in China.
Sam Bankman-Fried's lawyers reveal his planned testimony in FTX fraud trial
Bankman-Fried faces seven criminal counts, including wire fraud, securities fraud and money laundering, that could land him in prison for more than 100 years.
Amazon's profit margin nears record after CEO Andy Jassy's dramatic cost-cutting efforts
Amazon reported an operating margin of 7.8% in the third quarter, the highest since it reached a record of 8.2% in early 2021.
Intel stock rises on earnings beat and strong revenue guidance
Intel CFO David Zinsner said in a statement that the company's earnings per share benefited from controlling expenses.
Amazon's cloud group becomes more profitable but misses on top line
Amazon Web Services became more profitable than it's been in two years, as its parent company eased up on expense growth across the board.
Amazon reports better-than-expected results, as revenue jumps 13%
Amazon reported earnings after the bell. Here are the results.
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