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☆ Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
▼ + stars: | 2024-04-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +16 min

David Paul Morris | Getty Images News | Getty ImagesThe iPhone could have had an Intel chip inside. It would've made sense to use Intel chips, which ran on the best desktops at the time, including Apple's Macs. Braithwaite, who worked at Intel in the 1980s, said Intel's process engineers were the company's "crown jewels." Intel doesn't have a GPU competitor to Nvidia's AI accelerators, but it has an AI chip called Gaudi 3. For comparison, AMD expects about $2 billion in annual AI chip revenue.

Persons: Pat Gelsinger, Seth Wenig, Gelsinger, Biden, Nicholas Braithwaite, Akshara Bassi, It's, Steve Jobs, David Paul Morris, Apple, Paul Otellini, Walter Isaacson's, Otellini, Isaacson, Jobs, Apple didn't, Apple —, TSMC, Mikako Kitagawa, Joe Biden, Brendan Smialowski, Braithwaite, Gordon Moore, Moore's, Brian Krzanich, 7nm —, TSMC didn't, Jensen Huang, Josh Edelson, OpenAI, Gaudi, Intel's, it's, Bassi, CNBC's Jon Fortt Organizations: Intel, Taiwan Semiconductor Manufacturing Company, Nvidia, Micro Computer, Qualcomm, Broadcom, Texas Instruments, AMD, Apple, Celesta, Meta, Microsoft, Getty, Samsung, Gartner, Asus, AFP, Semiconductor, Engineers, SAP Center, Afp, Companies, Blackwell, Habana Labs, Gaudi, FactSet, U.S Locations: New York, American, U.S, Chandler , Arizona, California, San Jose , California, Taiwan, Columbus , Ohio

☆ Intel CEO Pat Gelsinger: We expect the foundry business to break even in 2027
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel CEO Pat Gelsinger: We expect the foundry business to break even in 2027CNBC's Jon Fortt sits down with Intel CEO Pat Gelsinger at the Council on Foreign Relations to discuss Intel's foundry business, the impact of geopolitical tensions and more.

Persons: Pat Gelsinger, CNBC's Jon Fortt Organizations: Intel, Council, Foreign Relations

☆ Nvidia CEO Jensen Huang speaks to CNBC's Jon Fortt
▼ + stars: | 2024-02-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia CEO Jensen Huang speaks to CNBC's Jon ForttNvidia CEO Jensen Huang joined CNBC's Jon Fortt in an interview Wednesday discussing AI, earnings, chip demand and more.

Persons: Jensen Huang, CNBC's Jon Fortt, Jon Fortt

☆ A Giant Reborn: Satya Nadella's Decade as Microsoft CEO
▼ + stars: | 2024-02-04 | by ( Fahiemah Al-Ali | Jon Fortt | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Giant Reborn: Satya Nadella's Decade as Microsoft CEOTen years after he was introduced to the world as Microsoft's next CEO, Satya Nadella has overseen a 10x increase in the stock price and a cultural transformation. Microsoft in 2024 reigns as the world's most valuable company, and its sights are set on continuing to win in the age of artificial intelligence. How did Nadella pull it off? CNBC's Jon Fortt uncovers the history of a leader's unlikely rise with an eye on the challenges ahead.

Persons: Satya Nadella, CNBC's Jon Fortt Organizations: Microsoft

At his startup Log10, Bansal oversees the production of tools that third-party developers can use to build LLM-powered applications. Since the OpenAI drama unfolded, Bansal told CNBC the startup's instability was a reason customers cited. A spokesperson for OpenAI declined to comment but said the startup's services are working again following three hours of issues. One founder of an AI startup, who asked not to be named in order to discuss internal matters, said he uses multiple application program interfaces from OpenAI and has considered switching to offerings from Anthropic, the AI startup founded by former OpenAI executives with backing from Amazon and Google . The source, who previously worked alongside Shear, said Shear is "very smart" and admires his integrity.

Persons: Jaap Arriens, Sam Altman, Arjun Bansal, Bansal, Altman, Emmett Shear, Satya Nadella, OpenAI, Greg Brockman, There's, Shear, he's, Martin Kon, Kon, Anthropic, Srinivas Narayanan, Steven Heidel, Nadella, CNBC's Jon Fortt Organizations: Nurphoto, CNBC, Microsoft, Amazon, Google Locations: OpenAI, LLMs, Anthropic

☆ Sam Altman's ousting seems to have been a 'temper tantrum' by the board: Yale's Jeffrey Sonnenfeld
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Altman's ousting seems to have been a 'temper tantrum' by the board: Yale's Jeffrey SonnenfeldJeffrey Sonnenfeld, Yale School of Management, joins CNBC's Jon Fortt for a Special Report surrounding the leadership turmoil at OpenAI, Microsoft's reaction, and more.

Persons: Sam Altman's, Yale's Jeffrey Sonnenfeld Jeffrey Sonnenfeld, Jon Fortt Organizations: Yale School of Management Locations: OpenAI

☆ Microsoft CEO Satya Nadella: Microsoft can innovate on its own but 'we chose to partner with OpenAI'
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft CEO Satya Nadella: Microsoft can innovate on its own but 'we chose to partner with OpenAI'Microsoft CEO Satya Nadella joins CNBC's Jon Fortt to talk Sam Altman's departure from OpenAI, his possible move to Microsoft and much more.

Persons: Satya Nadella, OpenAI, Jon Fortt, Sam Altman's Organizations: Microsoft

Microsoft CEO Satya Nadella told CNBC's Jon Fortt on Monday that the governance structure of OpenAI needs to change, three days after the sudden firing CEO Sam Altman. Early Monday morning Nadella said that Altman, Brockman and their colleagues would join Microsoft as part of a new AI research group. That post followed news that ex-Twitch CEO Emmett Shear had been named OpenAI interim head as Altman looked to depart. Nadella told Fortt that Microsoft respects OpenAI's nonprofit roots and shares its belief that AI needs to be developed and rolled out in a safe manner. WATCH: A timeline of the drama between Sam Altman, OpenAI and Microsoft

Persons: Satya Nadella, CNBC's Jon Fortt, Sam Altman, Nadella, Altman, OpenAI, Greg Brockman, Brockman, Emmett Shear, Fortt Organizations: Microsoft, Tiger, Sequoia Capital

☆ Watch CNBC's Special Report: Satya Nadella and the Future of AI
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's Special Report: Satya Nadella and the Future of AICNBC's Jon Fortt hosts a CNBC special report covering the latest out of the AI space including OpenAI's leadership turmoil, CNBC's interview with Microsoft CEO Satya Nadella, discussions with current players in the AI space and more.

Persons: Satya Nadella, Jon Fortt Organizations: CNBC, Microsoft

☆ Microsoft CEO Satya Nadella: Sam Altman chose Microsoft before, and he chose it again
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft CEO Satya Nadella: Sam Altman chose Microsoft before, and he chose it againMicrosoft CEO Satya Nadella joins CNBC's Jon Fortt to talk Sam Altman's departure from OpenAI, his possible move to Microsoft and much more.

Persons: Satya Nadella, Sam Altman, Jon Fortt, Sam Altman's, OpenAI Organizations: Microsoft

☆ More competition in the AI space is a 'good thing for consumers', says Forethought CEO Deon Nicholas
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore competition in the AI space is a 'good thing for consumers', says Forethought CEO Deon NicholasDeon Nicholas, Forethought co-founder and CEO, joins CNBC's Jon Fortt for a Special Report surrounding the leadership turmoil at OpenAI, Microsoft's reaction, the impact on other businesses in the AI space and more.

Persons: Deon Nicholas Deon Nicholas, Forethought, Jon Fortt Locations: OpenAI

☆ Microsoft is fine avoiding China as U.S. considers national security implications, CEO Satya Nadella says
▼ + stars: | 2023-11-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft is not focused on China as a domestic market, though the company has notable Chinese customers with operations outside the world's second most-populous country, CEO Satya Nadella said on Wednesday. "A lot of the Chinese multinationals operating outside of China are our bigger AI customers, perhaps." Microsoft provides artificial intelligence services to electric vehicle maker Li Auto and consumer electronics company Xiaomi, among others. Still, Nadella acknowledged on Wednesday that the U.S. government has important restrictions to follow when it comes to doing business in China. The U.S government uses Microsoft Azure cloud services and Microsoft 365 productivity apps.

Persons: Satya Nadella, Nadella, CNBC's Jon Fortt, Li, Nadella's, Joe Biden, Xi Jinping, Meta's, Bing, Deepwater's Gene Munster Organizations: Microsoft, Microsoft's Ignite, Li Auto, U.S, . Commerce Department, Meta's Facebook, Baidu, USG, LinkedIn Locations: China, Seattle, San Francisco, Bing, Beijing, United States, U.S, Europe, Asia

☆ AI is robbing us of our creativity, says Inclusive Capital's Jeff Ubben
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is robbing us of our creativity, says Inclusive Capital's Jeff UbbenCNBC's Jon Fortt sits down with Inclusive Capital Partners Founder Jeff Ubben to discuss the digital economy, AI's impact on creators and more.

Persons: Jeff Ubben CNBC's Jon Fortt, Jeff Ubben Organizations: Inclusive Capital Partners

☆ Nvidia is strong now, but competition long-term could be a headwind: Deepwater's Gene Munster
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is strong now, but competition long-term could be a headwind: Deepwater's Gene MunsterCNBC's Jon Fortt and Steve Kovach join 'Power Lunch' with Deepwater's Gene Munster to discuss Nvidia after its blowout quarter.

Persons: Gene Munster, Jon Fortt, Steve Kovach, Deepwater's Gene Munster Organizations: Nvidia, Deepwater's

☆ Qualcomm could face layoffs in coming fiscal year to maintain margins
▼ + stars: | 2023-08-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm could face layoffs in coming fiscal year to maintain marginsCNBC's Jon Fortt breaks down Qualcomm's quarterly earnings results and the company's ability to maintain its customers.

Persons: Jon Fortt Organizations: Qualcomm

☆ Intel posts surprise Q2 profit: Shares rise as Well Street cheers cost cuts
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel posts surprise Q2 profit: Shares rise as Well Street cheers cost cutsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Intel CEO Pat Gelsinger speaks with CNBC's Jon Fortt about the chip company's recent earnings report.

Persons: Brian Sullivan, “, Pat Gelsinger, CNBC's Jon Fortt Organizations: Intel, CNBC

☆ Fivetran CEO George Fraser on automating data migration
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFivetran CEO George Fraser on automating data migrationCNBC's Jon Fortt joins 'Power Lunch' to discuss data-focused startup, Fivetran, which just raised a $125 million debt round, the appetite for venture capital investment, and working to develop better data migration tools.

Persons: George Fraser, Jon Fortt

☆ Recession fears in focus: Time to put money to work
▼ + stars: | 2023-04-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecession fears in focus: Time to put money to workCNBC's Jon Fortt reports on whether it's good time to invest, despite growing recession fears.

☆ Microsoft CEO Satya Nadella’s No. 1 tip for career success—if you don’t do this, ‘you can’t grow’
▼ + stars: | 2023-03-24 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Microsoft CEO Satya Nadella never expected to lead one of the world's largest, most powerful tech companies — he was just excited to work there, period. One of the most important lessons he learned in his decades at Microsoft — and his "best career advice" — is simple: "Don't wait for your next job to do your best work." Throughout his tenure at Microsoft, Nadella had to constantly adapt depending on the teams he worked with and the divisions he managed, all while keeping pace with fast-changing technologies. "You cannot grow if you don't think your growth comes because of what you're doing," he added. If you're feeling stuck at work or struggling to find meaning in your job, Nadella has advice for that, too.

☆ Syndio: Platform helping companies close salary discrepancy gap
▼ + stars: | 2023-03-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSyndio: Platform helping companies close salary discrepancy gapCNBC's Jon Fortt brings the story of Maria Colacurcio, CEO of Syndio, the company that uses software to help customers identify and close the gap in salary discrepancies.

☆ Here's why investors should bet on A.I. platform companies
▼ + stars: | 2023-03-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why investors should bet on A.I. platform companiesCNBC's Jon Fortt reports on the winners and losers in the artificial intelligence space.

☆ I foresee energy coming back, says KKM Financial's Jeff Kilburg
▼ + stars: | 2023-03-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI foresee energy coming back, says KKM Financial's Jeff KilburgJeff Kilburg of KKM Financial and Katerina Simonetti of Morgan Stanley Private Wealth Management join CNBC's Jon Fortt and the 'CNBC Special: Taking stock' to discuss the markets, their short-term outlooks and strategy for investing now.

☆ There's a huge degree of difference between SVB and the typical regional bank, says Oppenheimer's Kotowski
▼ + stars: | 2023-03-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a huge degree of difference between SVB and the typical regional bank, says Oppenheimer's KotowskiChris Kotowski, managing director and sr. research analyst with Oppenheimer, joins CNBC's Jon Fortt and the 'CNBC Special: Taking stock' to discuss how the Fed has been creating volatility in the financial sector.

☆ Salesforce vs. Snowflake: Best bet for your money
▼ + stars: | 2023-03-02 | by ( Jon Fortt | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce vs. Snowflake: Best bet for your moneyCNBC's Jon Fortt joins 'Squawk Box' to discuss the competition between Salesforce and Snowflake.

☆ Microsoft brings its A.I. chatbot to Bing app on iPhone and Android
▼ + stars: | 2023-02-22 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Yusuf Mehdi, Microsoft Corporate Vice President of Modern Life, Search, and Devices speaks during an event introducing a new AI-powered Microsoft Bing and Edge at Microsoft in Redmond, Washington on February 7, 2023. Microsoft on Wednesday announced the preview release of its new Bing and Edge apps for iPhone and Android, which include new features like voice search and access to its AI chatbot. Users will also be able to access updates to Bing through the homepage of the Edge mobile app, Microsoft said. People can ask Bing for suggestions on travel, or ask about the weather or about recent award shows, for example. Similar to the Bing mobile app, answers can be displayed in bullet points, simplified responses or text format.

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