Tech
Disney’s OpenAI stake is ‘a way in’ to AI and Sora will help reach younger audience, Iger tells CNBC
The Walt Disney Co.'s $1 billion equity investment in OpenAI will serve as "a way in" to artificial intelligence, which will have...
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Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator
The Walt Disney Company on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow...
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CNBC Daily Open: Much to like in Fed’s meeting amid warnings of restraint
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal...
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Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected...
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Nvidia responds to report that China’s DeepSeek is using its banned Blackwell AI chips
Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3,...
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Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.
In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath,...
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Microsoft to invest $17.5 billion in India’s AI infra as Big Tech queues up for the Asian market
Microsoft CEO Satya Nadella appears at an event with tech CEOs and senior officials, including Indian Prime Minister Narendra Modi,...
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Teachers’ union AFT slams crypto market bill, warns of ‘profound risks’ for America’s retirement plans
The American Federation of Teachers, the powerful labor union that represents 1.8 million members, is urging the Senate Banking Committee...
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From Llamas to Avocados: Meta’s shifting AI strategy is causing internal confusion
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo...
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Confluent stock soars 29% as IBM announces $11 billion acquisition deal
IBM announced Monday it is acquiring data streaming platform Confluent in a deal valued at $11 billion.Shares of Confluent soared...
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