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Anthropic executive takes a thinly-veiled swipe at OpenAI over spending and ads
"We've made less flashy headlines than some, and we've been focused on growing revenue and winning business," Anthropic's chief commercial officer told CNBC.
French software maker Dassault Systèmes plunges 18%, on track for worst day ever
Shares of the software giant plummeted after the company posted its fourth-quarter earnings.
Salesforce employees call on CEO Benioff to cancel ICE 'opportunities'
More than 1,400 Salesforce employees have signed a letter calling on CEO Marc Benioff to cancel all potential business with the U.S. ICE agency.
Musk's xAI loses second co-founder in two days
After SpaceX merger, xAI is shedding co-founders with influential researcher Jimmy Ba the latest to depart.
Hong Kong proceeds with stablecoin plans despite Beijing's reservations
Hong Kong's Monetary Authority has proceeded with plans to distribute an initial batch of stablecoin issuer licenses, despite China's prohibitions on crypto.
Astera Labs shares sink 10% as revenue comes up short of some expectations
The semiconductor company beat consensus estimates, but shares plunged as CFO Mike Tate announced that he will be stepping down next month.
Amazon gets FCC approval to launch 4,500 Leo internet satellites
The new tranche would bring Amazon's planned constellation to roughly 7,700 satellites.
Lyft stock falls 15% on disappointing fourth-quarter results, rider numbers
Lyft's stock tumbled after the ride-sharing company posted disappointing fourth-quarter results.
Spotify pops 16% on strong user growth, earnings beat
Spotify's stock popped as the music streaming platform reported strong monthly average user growth and said it had its best "Spotify Wrapped" ever.
Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say
Alphabet again boosted the size of its bond sale as the internet giant prepares to accelerate its AI buildout.
We're taking solid profits in one big tech stock and buying more of another
We're taking proceeds from the sale to buy small in a megacap tech stock that has seen some recent weakness.
Elon Musk’s xAI loses co-founder Tony Wu in latest senior departure
Musk's rocket company SpaceX recently acquired xAI ahead of a likely IPO.
UBS downgrades U.S. tech sector despite a recovery. It gave 3 reasons why
UBS revised its outlook on U.S. IT stocks on Tuesday and struck a more cautious tone as the company warned of 'mixed investor reactions' to the sector.
Coca-Cola earnings, Google's AI risks, Target layoffs and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
China's Alibaba launches AI model to power robots as tech giants talk up 'physical AI'
Nvidia and Google are among a handful of major tech giants developing models for robotics and so-called "phyiscal AI."
CNBC Daily Open: U.S. markets rise on tech rebound, while 'Takaichi trade' lifts Japanese stocks
U.S. markets closed higher overnight as Big Tech stocks mostly rebounded, with Oracle jumping 9.6% and Microsoft advancing 3.1%.
'Impossible': Taiwan pushes back against Washington’s 40% chip supply relocation goal
Taiwan has told Washington that its proposal to move 40% of Taiwan's semiconductor supply chain is "impossible," according to Vice Premier Cheng Li-chiun.
YouTube star MrBeast buys youth-focused financial services app Step
YouTube star James Stephen Donaldson, better known as Mr. Beast, has acquired youth-focused financial services app Step.
CNBC Daily Open: Takaichi and the AI trade in focus this week
The Takaichi trade is fueled by expectations that her policies will boost equities, while weakening the yen as she prefers looser monetary policy.
Tesla exec Raj Jegannathan leaves automaker after 13 years
Raj Jegannathan, who was reportedly running Tesla's North American sales team after the dismissal of a prior leader, announced his departure on LinkedIn.
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