Tesla remained a strong contender in Beijing’s competitive electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before, amid a broader industry slowdown. According to data published by the China Passenger Car Association on Wednesday, January deliveries from Tesla’s Shanghai Gigafactory rose by 9% to 69,129 units, from…
Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. CNBC Amazon is in talks to invest up to $50 billion in OpenAI, CNBC confirmed on Thursday, in a significant vote of confidence from the e-commerce giant after it invested in one of the startup’s biggest…
It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged more than 8% after showing signs that AI investments are boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in…
Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Microsoft shares fell 7% in extended trading on Wednesday after the software maker issued quarterly results that were healthier than analysts had anticipated. Here’s how the company performed in comparison with…
Shares of CoreWeave popped 12% on Monday after Nvidia announced it has invested $2 billion in the artificial intelligence infrastructure provider. Nvidia purchased CoreWeave Class A common stock at $87.20 per share, according to a release, a discount from Friday’s closing price of $92.98. The investment will help CoreWeave accelerate its buildout of “5 gigawatts…
LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that’s been caused by the AI infrastructure boom may last longer…
The Intel logo is seen at the India Mobile Congress 2025 in Delhi, Oct. 11, 2025. Kabir Jhangiani | Nurphoto | Getty Images Intel shares plunged 17% on Friday after the chipmaker issued lackluster guidance and warned of a supply shortage. The stock headed for its worst session since August 2024. During a fourth-quarter earnings…
Workday CEO Carl Eschenbach on Thursday tried to ease worries that artificial intelligence is destroying software business models. “It’s an overblown narrative, and it’s not true,” he told CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland, calling AI a tailwind and “absolutely not a headwind” for the company. Software stocks have sold…
NANJING, CHINA – NOVEMBER 25: Aerial view of Alibaba Jiangsu Headquarters at night on November 25, 2025 in Nanjing, Jiangsu Province of China. (Photo by Fang Dongxu/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s technology giants are entering a new phase of the artificial intelligence race called ‘agentic commerce,’ as…
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI on Tuesday said it is rolling out an age prediction model to its ChatGPT consumer plans to help the artificial intelligence company identify accounts that belong to users under 18 years old. The model…