Delta chief operations officer departing for another company

Delta chief operations officer departing for another company

Delta Air Lines planes sit parked at Hartsfield-Jackson Atlanta International Airport in Atlanta on June 28, 2024. Andrew Harnik | Getty Images Delta Air Lines‘ chief operating officer is leaving at the end of the month, the company said in a securities filing on Friday. CEO Ed Bastian said in an employee memo that Chief … Read more

How Google makes custom cloud chips that power Apple AI and Gemini

How Google makes custom cloud chips that power Apple AI and Gemini

Inside a sprawling lab at Google headquarters in Mountain View, California, hundreds of server racks hum across several aisles, performing tasks far less ubiquitous than running the world’s dominant search engine or executing workloads for Google Cloud’s millions of customers. Instead, they’re running tests on Google’s own microchips, called Tensor Processing Units, or TPUs. Originally … Read more

Fed minutes signal September rate cut

Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.  Michael M. Santiago | 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 … Read more

Fed minutes signals September rate cut

Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | 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 … Read more

Microsoft changes reporting to boost cloud consumption visibility

Microsoft changes reporting to boost cloud consumption visibility

Executive Chairman and CEO of Microsoft Corporation Satya Nadella speaks during the “Microsoft Build: AI Day” event in Bangkok, Thailand, May 1, 2024.  Chalinee Thirasupa | Reuters Microsoft on Wednesday updated quarterly revenue guidance for its three business segments in a shift that stands to give investors better visibility into the software maker’s growing cloud … Read more

Microsoft Recall AI search for Windows Insiders releases in October

Microsoft Recall AI search for Windows Insiders releases in October

Microsoft Chair and CEO Satya Nadella speaks on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft said Wednesday it will release its controversial Recall artificial intelligence search feature for Windows users to test beginning in October. Recall takes screenshots of activity on screen so people … Read more

Blockchain startup Story raises funds from a16z to stop IP theft by AI

Blockchain startup Story raises funds from a16z to stop IP theft by AI

Generative AI models require huge amounts of training data to enable their systems to produce advanced outputs. But the data that goes into them is often from sources where copyright restrictions are in place. Cfoto | Future Publishing | Getty Images San-Francisco-based startup Story said Wednesday that it raised $80 million of funding for a … Read more

OpenAI announces content deal with Condé Nast

OpenAI announces content deal with Condé Nast

OpenAI CEO Sam Altman speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images OpenAI on Tuesday announced a partnership with Condé Nast, in which the Microsoft-backed artificial intelligence company’s products, such as ChatGPT and SearchGPT, will be able to display content from Vogue, The … Read more

Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | 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 … Read more

On the 20th anniversary of Google’s IPO, Cramer talks owning for long haul

On the 20th anniversary of Google’s IPO, Cramer talks owning for long haul

On the 20th anniversary of Google‘s market debut, CNBC’s Jim Cramer looked back on the stock’s impressive climb and advised investors to stick with good companies for the long term, even if it means shouldering some short term losses. He first addressed Monday’s Wall Street action, noting the market’s eight-day winning streak. These kinds of … Read more