Glean is worth $2.2 billion as Citigroup, Databricks, Workday invest

Glean is worth .2 billion as Citigroup, Databricks, Workday invest

Arvind Jain, co-founder and CEO of Glean, makes a selfie with employees of the startup, which is based in Palo Alto, Calif. Glean Artificial intelligence startup Glean attracted tech companies Databricks and Workday into its latest investment round. The Silicon Valley company also reeled in cash from Wall Street. Glean, whose software sifts through corporate … Read more

Smartphone makers Samsung, Google dream of an AI-driven supercycle   

Smartphone makers Samsung, Google dream of an AI-driven supercycle   

Samsung Electronics’ flagship smartphones Galaxy S24 series are displayed during their unveiling ceremony in Seoul, South Korea, January 15, 2024.  Kim Hong-ji | Reuters BARCELONA – Smartphone makers are talking a big game about artificial intelligence this year.  And they’re so confident about features they’re cramming into their phones that they think it’ll drive a … Read more

Google’s Gemini AI picture generator to relaunch in a ‘few weeks’

Google’s Gemini AI picture generator to relaunch in a ‘few weeks’

After pulling its artificial intelligence image generation tool on Thursday due to a string of controversies, Google plans to relaunch the product soon, according to Google DeepMind CEO Demis Hassabis. Google introduced the image generator earlier this month through Gemini, the company’s main suite of AI models. The tool allows users to enter prompts to … Read more

Highmark Health integrating tech from Google Cloud and Epic Systems

Highmark Health integrating tech from Google Cloud and Epic Systems

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images Highmark Health announced Monday that it’s integrating technology from Google Cloud and the health-care software company Epic Systems to try to improve data gathering for providers and payers. Consumer health-care … Read more

Google expects more advanced AI models to arrive on phones in 2025

Google expects more advanced AI models to arrive on phones in 2025

Betul Abali | Anadolu | Getty Images Google is bullish on the prospect of its more advanced artificial intelligence models coming to smartphones in the next year.   The internet giant expects that its currently available Gemini large language model (LLM), which competes with Microsoft-backed OpenAI’s most powerful GPT-4 AI model, will begin to get embedded … Read more

Wall Street high on AI euphoria

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Markets positive Wall Street … Read more

Google says Microsoft offered to sell Bing to Apple in 2018

Google says Microsoft offered to sell Bing to Apple in 2018

Apple CEO Tim Cook, left, and Eddy Cue, Apple’s senior vice president of services attend the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Microsoft offered to sell its Bing search engine to Apple in 2018, Google said in a … Read more

Social network Reddit’s IPO is an ‘AI play,’ says Herb Greenberg

Social network Reddit’s IPO is an ‘AI play,’ says Herb Greenberg

Reddit disclosed 2023 revenue growth of 20% and said its core business relies on online advertising sales when it filed to go public on Thursday. But the social media company can attract more than advertisers. “This is an AI play,” Herb Greenberg, Editor of “Herb Greenberg | On the Street” on Substack, explained on CNBC’s … Read more

Nvidia’s wild ride and induction into the $2 trillion market cap club in two charts

Nvidia’s wild ride and induction into the  trillion market cap club in two charts

The $2 trillion club has a new member: Nvidia . The leading artificial intelligence chipmaker’s market capitalization briefly topped $2 trillion on Friday, becoming only the third U.S. company in history to do so; it closed the session worth $1.94 trillion. Fellow Club names Apple and Microsoft are the others. Apple became the first, in … Read more

The U.S. economy seems to be holding up

The U.S. economy seems to be holding up

People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more