Category: Technology

Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.

Meta extends restriction period for new political ads throughout the week of the U.S. elections.

Intel has fallen so far so fast that the chipmaker’s stock price is no longer having an impact on the Dow Jones Industrial Average.

Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.

Marqeta shares plummeted after the company’s forecast for the fourth quarter fell shy of analysts’ expectations.

Amazon’s Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.

One takeaway from tech earnings reports this week is that Google’s cloud business is gaining momentum.

Apple’s services business has become a critical part of the company’s appeal to Wall Street over the past decade.

Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.

Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.