Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group. The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock…
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images For 20 years, Reddit…
“Someone, somewhere is having data exfiltrated from their machines as we speak,” says Volodymyr Diachenko, co-founder of the cybersecurity consultancy SecurityDiscovery. Sarayut Thaneerat | Moment | Getty Images Cybercriminals have intensified their efforts to steal and sell online passwords, experts warn. The alarm comes after the discovery of online datasets containing billions of exposed account…
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be named because of the confidential nature of the negotiations. One…
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year….
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities….
Sundar Pichai, CEO of Alphabet, speaks during an event in New Delhi, December 19, 2022. Sajjad Hussain | AFP | Getty Images Google is overhauling a popular internal learning platform to focus on teaching employees how to use modern artificial intelligence tools in their daily work routines, CNBC has learned. Grow, as the learning service…
A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, on March 27, 2024. Nathan Howard | Bloomberg | Getty Images Amazon plans to spend $10 billion on new data centers in North Carolina to expand its artificial intelligence infrastructure, the company said Wednesday. Amazon has earmarked up to $100 billion this year…
Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of…
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon shareholders rejected a proposal to adopt a policy that would require the company’s CEO and board chair roles to remain separate. Vote totals disclosed in a filing Thursday show about 82%…
