Dell surges 11% on optimism it has secured big AI server orders
"All-in, we are hearing about more AI server momentum at Dell than at any other OEM," wrote Morgan Stanley's Erik Woodring.
CNBC Technology
A half-million school buses across US could become EV battery powerhouse feeding energy back onto the grid
Zum and Oakland schools will send power from EV school bus batteries back to the grid, marking a major effort to scale the energy supply stored in vehicles.
Instagram co-founder Mike Krieger joins Amazon-backed Anthropic
Instagram co-founder Mike Krieger is joining Anthropic as the chief product officer. Anthropic is one of the hottest artificial intelligence startups.
Reddit shares close near record after two-day rally driven by meme stocks
Reddit shares popped Tuesday after retail traders kicked off a meme stock buying frenzy.
Amazon's appearance at Upfronts highlights push beyond digital ads and into traditional media
Amazon made its debut Upfronts pitch to advertisers, putting it on stage with major media networks.
Baidu’s robotaxi unit expects to turn profitable next year
The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue.
OpenAI co-founder Ilya Sutskever says he will leave the startup
OpenAI co-founder Ilya Sutskever said Tuesday that he's leaving the Microsoft-backed startup.
Why bitcoin hasn't joined the latest meme stock craze this week
Bitcoin isn't running alongside meme stocks as it did three years ago.
Google CEO Pichai says company will 'sort it out' if OpenAI misused YouTube for AI training
YouTube's videos have been used to help companies with AI model training.
Amazon Web Services CEO Adam Selipsky to step down
The departure of Adam Selipsky, CEO of Amazon's cloud computing business, is the latest high-profile executive exit from the company led by Andy Jassy.
Google I/O wrap-up: Gemini AI updates, new search features and more
Google talked about updates to Gemini, its AI models, its Tensor TPU and more during Google I/O 2024. Here's a recap.
Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.
Tesla is sued over air pollution from factory operations in Fremont, California
A California nonprofit has sued Tesla over what it calls the company's "ongoing failure to comply with the Clean Air Act" at its Fremont assembly plant.
OpenAI launches new AI model GPT-4o and desktop version of ChatGPT
OpenAI on Monday introduced a new AI model and a desktop version of ChatGPT, its popular chatbot.
Google rolls out its most powerful AI models as competition from OpenAI heats up
Google on Tuesday announced new additions to its AI model following a flashy rollout a day earlier from OpenAI.
These are the 2024 CNBC Disruptor 50 companies: See the full list of startups riding the AI wave
CNBC reveals the 2024 Disruptor 50 list, AI-driven startups moving beyond the 'better, faster, cheaper' mantra that defined Silicon Valley's past.
The 2024 CNBC Disruptor 50: How we chose the companies
The 2024 CNBC Disruptor 50 list highlights AI's rapid transformation of market and business innovation.
What to expect for Tesla's Supercharger network now that the team is dismantled
Tesla's Superchargers dominate EV charging in North America. But CEO Elon Musk just laid off the entire Supercharging team and now its future is uncertain.
Why OpenAI is the first company to be No. 1 on the CNBC Disruptor 50 list two years in a row
OpenAI repeats as the No. 1 company on the 2024 CNBC Disruptor 50 list as AI redefines the way VCs, startups and market giants invest, interact and compete.
Fintech firm Klarna says 90% of its employees are using generative AI daily
"Buy now, pay later" firm Klarna says generative AI has seen substantially high adoption among its 5,000-strong workforce.
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