CoreWeave intends to set up more of its clouds full of graphics processing units in more places around the world as it goes up against Amazon and Google.
https://www.cnbc.com/2024/05/01/nvidia-backed-gpu-cloud-provider-coreweave-is-worth-19-billion.html
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.
https://www.cnbc.com/2024/04/30/super-micro-smci-q3-earnings-report-2024.html
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.
Amazon's cloud unit is delivering the best operating margin at least since 2014.
https://www.cnbc.com/2024/04/30/aws-q1-earnings-report-2024.html
Amazon reported another big jump in its advertising business, and has emerged as a key player in the digital ad market.
https://www.cnbc.com/2024/04/30/amazons-advertising-revenue-jumps-24percent-in-first-quarter.html
Eight newspaper publishers alleged that Microsoft and OpenAI used millions of their articles without payment or permission to train AI models like ChatGPT.
Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.
Doug Clinton of Deepwater Asset Management thinks Google and Microsoft will be winners in consumer and enterprise AI services respectively, while many smaller providers will fall by the wayside.
Microsoft has more demand than supply for running artificial intelligence models in the cloud.
Google issued its first-ever dividend of 20 cents and authorized a $70 billion share repurchase program alongside its first-quarter earnings.
https://www.cnbc.com/2024/04/25/alphabet-issues-first-ever-dividend-70-billion-buyback.html
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.
https://www.cnbc.com/2024/04/25/microsoft-msft-q3-earnings-2024.html
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.
https://www.cnbc.com/2024/04/24/rubrik-prices-ipo-at-32-per-share-above-expected-range.html
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.
https://www.cnbc.com/2024/04/24/ibm-q1-earnings-report-2024-ibm-to-acquire-hashicorp.html
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.
https://www.cnbc.com/2024/04/24/meta-meta-q1-2024-earnings-.html
Oracle is moving its world headquarters to Nashville, according to Larry Ellison.
https://www.cnbc.com/2024/04/23/oracle-is-moving-its-world-hq-to-nashville.html
Informatica said Monday it was not currently in talks to sell itself, pouring cold water on reports that Salesforce was discussing a roughly $10 billion deal.
https://www.cnbc.com/2024/04/22/informatica-not-in-acquisition-talks-with-salesforce.html
Dutch Finance Minister Steven van Weyenberg told CNBC's Karen Tso he is "very optimistic about ASML's future and that it will be within the Netherlands."
23andMe CEO Anne Wojcicki is considering a proposal to take the genetic testing company private.
https://www.cnbc.com/2024/04/18/23andme-ceo-anne-wojcicki-considers-taking-company-private.html
Amazon Web Services says it has better and more cost-efficient ways to move data to the cloud than by using the semi truck it introduced in 2016.
https://www.cnbc.com/2024/04/17/aws-stops-selling-snowmobile-truck-for-cloud-migrations.html
UnitedHealth Group announced first-quarter results that beat analysts' expectations for revenue.
https://www.cnbc.com/2024/04/16/unitedhealth-group-unh-q1-2024-earnings.html
Particle Health on Monday said the "vast majority" of its customers are still receiving data from Epic Systems
Epic Systems, the electronic health records giant, cut off its data supply to Particle Health, claiming the startup was using information in unauthorized ways.
With LinkedIn facing a slowdown in growth, the company is jumping into influencer marketing, trying to compete with TikTok and Instagram.
https://www.cnbc.com/2024/04/12/linkedin-expands-thought-leader-ads-eyeing-tiktok-and-instagram.html
Microsoft will reveal brand-new artificial intelligence tools for use on PCs and in the cloud at its annual Build conference.
https://www.cnbc.com/2024/04/10/microsoft-will-unveil-new-windows-and-cloud-ai-features-in-may.html
Apple produced $14 billion worth of iPhones in India over the last fiscal year
An Arm-based chip is one thing Google's cloud segment can offer customers as it seeks to catch up with Amazon and Microsoft.
Google Cloud and Bayer are building a new AI-powered platform to help radiologists work more efficiently.
https://www.cnbc.com/2024/04/09/google-partners-with-bayer-on-new-ai-product-for-radiologists.html
The Denver-Boulder region is a leader in the race to develop quantum computers, which have the potential to revolutionize many fields.
Analysts at Jefferies and RBC lifted their price targets on Meta, citing the company's improving position in the digital ad market.
Apple's digital storefront, a source of high-value sales in the company's Services business, encountered downtime Wednesday, prompting social media complaints.
https://www.cnbc.com/2024/04/03/apple-investigates-app-store-outage-on-ios-and-macos-devices.html