In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters OpenAI has confidentially filed for an IPO with the Securities and Exchange Commission, joining the party a week after Anthropic did the same and days before Elon Musk's SpaceX is set to hit the public market. The a...
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters OpenAI has confidentially filed for an IPO with the Securities and Exchange Commission, joining the party a week after Anthropic did the same and days before Elon Musk's SpaceX is set to hit the public market. The artificial intelligence company, which is valued at more than $850 billion , has been gearing up to go public as soon as the fourth quarter of this year. A confidential filing allows the company to submit its financials to regulators for review before they're made available to the public and prospective investors. OpenAI CFO Sarah Friar told CNBC in April that it's "good hygiene" for a business of OpenAI's size to "look and feel and act" like a public company, but she wouldn't comment on a specific IPO timeline. OpenAI said Monday it hasn't decided on timing. The company has been working with banks including Goldman Sachs and Morgan Stanley on the filing, as CNBC previously reported . They're the two firms listed at the top of SpaceX's filing. Read more CNBC tech news Model routing is a fix for AI overspending. That's a problem for OpenAI and Anthropic Trump administration, OpenAI discussing possible government stake in the AI startup Apple WWDC: Tim Cook's AI legacy at stake in his final developer conference as CEO Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite OpenAI rocketed into the mainstream following the launch of its ChatGPT chatbot in 2022, and has since ballooned into one of the most valuable private companies in the world. ChatGPT now supports more than 900 million weekly active users, but OpenAI faces increasingly stiff competition from rivals like Anthropic , Google and Elon Musk's SpaceX, which merged with xAI earlier this year. SpaceX kicked off a roadshow last week. OpenAI, Anthropic and Google are all named as some ...
Alphabet plans to use Intel to manufacture over 3 million custom AI chips in 2028. The move shifts a portion of Alphabet’s Tensor Processing Unit production away from TSMC due to capacity constraints. This is the first time Alphabet will rely on Intel as a contract manufacturer for its proprietary AI hardware. The agreement reshapes parts of the global semiconductor supply chain and highlights ris...
Alphabet plans to use Intel to manufacture over 3 million custom AI chips in 2028. The move shifts a portion of Alphabet’s Tensor Processing Unit production away from TSMC due to capacity constraints. This is the first time Alphabet will rely on Intel as a contract manufacturer for its proprietary AI hardware. The agreement reshapes parts of the global semiconductor supply chain and highlights rising competition in AI chip sourcing. Alphabet, trading as NasdaqGS:GOOGL, is committing...
Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions. The cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson said the program will provide generalist training for data...
Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions. The cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson said the program will provide generalist training for data center technicians.
Apple spent much of its WWDC keynote highlighting fixes, performance improvements, and long-requested features before unveiling its upgraded AI-powered Siri, signaling that the company wants users to see AI as just one part of a broader effort to improve its software.
Apple spent much of its WWDC keynote highlighting fixes, performance improvements, and long-requested features before unveiling its upgraded AI-powered Siri, signaling that the company wants users to see AI as just one part of a broader effort to improve its software.
July Nymex natural gas (NGN26 ) on Monday fell -0.082 (-2.54%). Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell Monday as shifting US weather forecasts to milder conditions in the second half of June could reduce nat-gas demand from electricity providers to generate...
July Nymex natural gas (NGN26 ) on Monday fell -0.082 (-2.54%). Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell Monday as shifting US weather forecasts to milder conditions in the second half of June could reduce nat-gas demand from electricity providers to generate...
Mission Produce (AVO) delivered earnings and revenue surprises of -85.71% and +8.02%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Mission Produce (AVO) delivered earnings and revenue surprises of -85.71% and +8.02%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Vail Resorts (MTN) delivered earnings and revenue surprises of -1.82% and -0.01%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Vail Resorts (MTN) delivered earnings and revenue surprises of -1.82% and -0.01%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
In this article AAPL NVDA GOOGL Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 5:11 05:11 Apple making a 'solid step in the right direction' when it comes to AI, says Seaport's Jay Goldberg Closing Bell: Overtime Apple on Monday revealed what it's been working on in artificial intelligence at its annual Worldwide Developers Conference in Cupertino , Calif. WWDC showed off demos of...
In this article AAPL NVDA GOOGL Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 5:11 05:11 Apple making a 'solid step in the right direction' when it comes to AI, says Seaport's Jay Goldberg Closing Bell: Overtime Apple on Monday revealed what it's been working on in artificial intelligence at its annual Worldwide Developers Conference in Cupertino , Calif. WWDC showed off demos of its redesigned Siri , which can speak back and forth with the user, a major improvement over previous versions of the assistant. In a demo, Siri was able to check concert dates, set a reminder to buy tickets, and even get directions to pick up a friend on the way to the concert venue. But the announcement also highlighted that Apple has taken a different strategy to many of its Silicon Valley rivals, choosing not to spend billions on infrastructure and the biggest, most advanced models, and instead focusing its message to potential customers on privacy advantages and convenience. Apple executives highlighted the difference in remarks on Monday. "Some appear to be racing forward, seemingly pursuing AI for the sake of AI, without clear regard for the people — all of us — that it's ultimately meant to serve," said Apple software SVP Craig Federighi in the launch announcement. But it turns out two of the traditional AI leaders, Google and Nvidia , are helping Apple out with its most advanced model, called Apple Foundation Model Cloud Pro, Apple executives told media in a talk at its headquarters on Monday. While Apple and Google announced their partnership for Apple Intelligence in January, this is the first time that the company has officially confirmed that some of its Apple Intelligence features will run on Nvidia chips. Read more CNBC tech news Model routing is a fix for AI overspending. That's a problem for OpenAI and Anthropic Trump administration, OpenAI discussing possible government stake in the AI startup Apple WWDC: Tim Cook's AI legacy at stake in his final develop...
Wesco International ( WCC ) said on Monday it agreed to acquire Singapore-based Newark Engineering Group for S$175M ($136M), expanding its data center cooling and lifecycle services business in Southeast Asia. Under the terms of the agreement, Wesco will acquire Newark cash-free and debt-free. Newark provides engineered cooling solutions and maintenance services for data centers across Singapore, ...
Wesco International ( WCC ) said on Monday it agreed to acquire Singapore-based Newark Engineering Group for S$175M ($136M), expanding its data center cooling and lifecycle services business in Southeast Asia. Under the terms of the agreement, Wesco will acquire Newark cash-free and debt-free. Newark provides engineered cooling solutions and maintenance services for data centers across Singapore, Malaysia, and Indonesia. Stock up +2% in aftermarket trading. More on WESCO WESCO International, Inc. (WCC) Q1 2026 Earnings Call Transcript WESCO International, Inc. 2026 Q1 - Results - Earnings Call Presentation WESCO signals higher 2026 outlook with $24.9B-$25.6B sales and $15-$17 EPS WESCO Q1 2026 Earnings Preview Seeking Alpha’s Quant Rating on WESCO
Sundry Photography/iStock Editorial via Getty Images Salesforce ( CRM ) slipped even as it doubled down on AI-led monetization. The company signed a definitive agreement on Monday to acquire m3ter, a metering and rating platform focused on consumption-based monetization. The deal will bring real-time metering, rating, and billing tools into Salesforce’s Agentforce Revenue Management, helping busin...
Sundry Photography/iStock Editorial via Getty Images Salesforce ( CRM ) slipped even as it doubled down on AI-led monetization. The company signed a definitive agreement on Monday to acquire m3ter, a metering and rating platform focused on consumption-based monetization. The deal will bring real-time metering, rating, and billing tools into Salesforce’s Agentforce Revenue Management, helping businesses move from fixed subscriptions to flexible, AI-driven pricing models. The acquisition is expected to close in Q2 FY2027, depending on approvals. “Every company is looking for more flexibility in how they monetize,” said Meredith Schmidt, EVP & GM, Agentforce Revenue Management at Salesforce. She added that m3ter will enable native consumption billing across the whole platform. Despite the move, Salesforce stock closed `~1.68% lower at ~$182.55, extending a 4.67% weekly decline. However, the acquisition could help sentiment stabilize, as investors may re-rate the stock if AI-driven revenue expansion gains traction post-integration. More on Salesforce Salesforce, Inc. (CRM) Presents at 2026 Evercore Global TMT Conference Transcript Salesforce: Catch-Up Rally Will Continue; Bookings Rebound Expected In H2 Salesforce, Inc. (CRM) Presents at Bank of America 2026 Global Technology Conference Transcript Stocks to watch on Monday after-hours: HPE, CRDO, CRM OpenAI hires Salesforce's Brian Landsman to lead global partnerships