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Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
Andy Jassy makes it clear giving up on Amazon's stock would be an expensive mistake
Amazon's stock underperformance is eventually going to change, Jim Cramer argued Thursday.
Amazon CEO Jassy defends $200 billion AI spend: "We're not going to be conservative"
Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.
Google expands partnership with Intel for AI chips
Google has committed to using multiple generations of Intel chips to power its AI data centers, in an expansion of an existing partnership.
Iran says U.S. breached ceasefire, Anthropic's court loss, rate cut odds and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Meta's long-awaited AI model is finally here. But can it make money?
After releasing its first major AI model in a year, Meta now has to figure out how to turn it into a business.
OpenAI halts UK stargate project amid regulatory and energy price concerns
The major AI infrastructure was announced in September in partnership was with Nvidia and Nscale.
Meta commits to spending additional $21 billion with CoreWeave as AI costs keep rising
Meta's additional spending commitments with CoreWeave will be deployed from 2027 to 2032.
Anthropic loses appeals court bid to temporarily block Pentagon blacklisting
A federal appeals on denied Anthropic's request for a stay in its lawsuit against the Department of Defense.
OpenAI will allocate IPO shares to retail investors as it preps for debut, CFO says
CRO Denise Dresser said enterprise is now 40% of the company's revenue and is set to equal consumer by the end of 2026.
Latest investigation into bitcoin founder ties identity to Blockstream CEO Adam Back
A report by The New York Times says it has discovered the identity of the pseudonymous creator of bitcoin known as Satoshi Nakamoto.
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