At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance. Altman and finance chief Sarah Friar both said at the meeting, conducted by video, that … Read more
There was lots of cool stuff on display Wednesday afternoon at the Meta Connect 2024 product and developer conference held at the company’s Silicon Valley headquarters. The launch of the new Meta Quest 3S virtual reality headset — on sale Oct. 15, starting at $299 — was certainly exciting. It was also great to get … Read more
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024. David Paul Morris | Bloomberg | Getty Images Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division … Read more
No, it’s not really Apple or Microsoft popping up on your screen to tell you your computer has been infected. It’s scammers trying to convince you to call them and divulge sensitive information, which may include passwords, bank or credit account information or Social Security numbers. “They use the reputation of the brand [for legitimacy … Read more
Ford’s first all-electric SUV comes at a pivotal time for the automaker as it restructures operations and spends $11 billion by 2022 on EV and hybrid vehicles. It also comes with a 15-inch display screen. Ford Motor Co. The recent data breach that exposed the sensitive information of some 300,000 Avis customers highlighted some critical … Read more
Microsoft is no longer the only game in town in generative AI. That’s OK because competition is healthy. Amazon , Meta Platforms and Apple are eating away at Microsoft’s once-sizable lead in the heated artificial intelligence arms race, according to D.A. Davidson research analysts. As a result, the analysts cut their rating on the Redmond, … Read more
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 Monday’s key moments. 1. Stocks opened higher Monday in a continuation of last week’s momentum, which saw all major indexes gain more than 1%. The Dow closed Friday at a record while the … Read more
It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a … Read more
Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024. Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years … Read more
CNBC’s Jim Cramer on Friday walked investors through next week’s notable Wall Street action, pointing to quarterly reports from Costco and KB Home, as well as new economic data that could inform the Federal Reserve’s next decision about interest rates. But regardless of the week’s events, Cramer said the Fed’s successful start to the easing … Read more
