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‘At some point there’ll be too many’ AI data centers
Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is "tremendous," the production of artificial intelligence data centers will eventually top out."I'm sure at some point there'll be too many of these…
Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases
After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so.
To recap: OpenAI has agreed to help AMD…
Tech investor Orlando Bravo says ‘valuations in AI are at a bubble’
Thoma Bravo co-founder Orlando Bravo said that valuations for artificial intelligence companies are "at a bubble," comparing it to the dotcom era.But one key difference in the market now, he said, is that large companies with "healthy…
Tesla teaser video sparks speculaton of Roadster or mass market model
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersTesla shares rose more than 5% on Monday after the electric…
Deloitte goes all in on AI — despite having to issue a hefty refund for use of AI
Deloitte is rolling out Claude to its nearly 500,000 employees after issuing a refund for a report that contained AI hallucinations.
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‘The best chips will win’
Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam Jeffery | CNBCInvestor Brad Gerstner cautioned Monday that OpenAI's deals with Nvidia and AMD are purely…
Instagram introduces new ‘Ring’ award for top creators
Instagram announced on Monday that it’s launching an awards program, with 25 creators set to receive a gold ring next week. The company says the new awards program will recognize creators around the world who shift culture and break…
Firefly Aerospace buys defense tech firm for $855 million
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty ImagesFirefly Aerospace…
OpenAI, Anthropic push AI startups to move fast – can Europe keep up
Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI.Sopa Images | Lightrocket | Getty ImagesArtificial intelligence companies are the hottest ticket items…
Heidi Health raises $65M Series B led by Steve Cohen’s Point72
Dr. Tom Kelly is a trauma surgeon, and everywhere, he sees doctors drowning in administrative work. He wanted change, so he set out to build it.
“We wanted to build an AI care partner that would stand alongside clinicians and take…
OpenAI’s Sora 2 is putting safety and censorship to the test
Fresh off a $6.6 billion share sale that made it the world's most valuable private company, OpenAI's TikTok-style video app, powered by its new artificial intelligence model, Sora 2, is going viral.Despite the gated release that requires…
OpenAI and Jony Ive may be struggling to figure out their AI device
OpenAI and Jony Ive face significant technical challenges as they work to develop a screen-less, AI-powered device, according to the Financial Times.
Back in May, OpenAI acquired io, the device startup founded by the legendary Apple…
OpenAI’s invite-only video generation app Sora tops Apple’s App Store
Sopa Images | Lightrocket | Getty ImagesOpenAI now has two of the top three free apps in Apple's App Store, and its new video generation app Sora has snagged the coveted No. 1 spot.The artificial intelligence startup launched Sora on…
A breach every month raises doubts about South Korea’s digital defenses
South Korea is world-famous for its blazing-fast internet, near-universal broadband coverage, and as a leader in digital innovation, hosting global tech brands like Hyundai, LG, and Samsung. But this very success has made the country a…
How to get Sora app invite codes for OpenAI’s viral AI video creator
Cfoto | Future Publishing | Getty ImagesOpenAI's new artificial intelligence video app Sora has already grabbed the top spot in Apple's App Store as its number one free app, despite being invite-only.Sora, which was launched on Tuesday,…
What’s driving the surge in quantum stocks this week
Inside Google's quantum computing lab in Santa Barbara, California.CNBCQuantum computing stocks are wrapping up a big week of double-digit gains.Shares of Rigetti Computing, D-Wave Quantum and Quantum Computing have surged more than 20%.…
Tesla’s insurance arm accused of ‘egregious delays’ and ‘systemic…
Tesla has been hit with an enforcement action by California’s Department of Insurance (CDI) for routinely denying or delaying customer claims despite years of warnings from the state regulator, according to a new pair of filings.…
AI chipmaker Cerebras withdraws IPO
Artificial intelligence chipmaker Cerebras Systems said on Friday that it's withdrawing plans for an IPO, days after announcing that it raised over $1 billion in a fundraising round.In a filing with the SEC, Cerebras said it does not…