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☆ San Francisco hopes to revive offices with AI companies
▼ + stars: | 2024-11-19 | 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 EmailSan Francisco hopes to revive offices with AI companiesCNBC's Kate Rooney and Michael Shvo, SHVO founder and CEO, join 'Power Lunch' to discuss San Francisco's office shift.

Persons: San Francisco, Kate Rooney, Michael Shvo Organizations: San

☆ Trump Media is in advanced talks to buy crypto platform Bakkt, reports say
▼ + stars: | 2024-11-18 | 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 EmailTrump Media is in advanced talks to buy crypto platform Bakkt, reports sayCNBC's Kate Rooney joins 'Closing Bell' to discuss reports that Trump Media is in advanced talks to buy crypto platform Bakkt.

Persons: CNBC's Kate Rooney Organizations: Email Trump Media, Trump Media

☆ Tension over guardrails at OpenAI
▼ + stars: | 2024-11-18 | 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 EmailTension over guardrails at OpenAICNBC's Kate Rooney looks back at the year that changed OpenAI and reports on some disputes at the company.

Persons: CNBC's Kate Rooney

☆ OpenAI launches ChatGPT search
▼ + stars: | 2024-10-31 | by ( Kate Rooney | ) 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 EmailOpenAI launches ChatGPT searchCNBC's Kate Rooney joins 'The Exchange' to report on OpenAI's new entry to take on search engines.

Persons: Kate Rooney

☆ Robinhood shares down as promotions eat into profits
▼ + stars: | 2024-10-31 | 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 EmailRobinhood shares down as promotions eat into profitsCNBC's Kate Rooney joins 'Squawk on the Street' to discuss Robinhood earnings.

Persons: Kate Rooney

☆ Goldman Institute calls for ‘data center diplomacy’ as U.S. competes in global AI race
▼ + stars: | 2024-10-29 | by ( Kate Rooney | ) www.cnbc.com time to read: +3 min

"Data may be the new oil, and it's ultimately nations, not nature, that's going to determine the future of AI infrastructure built." AI relies on massive amounts of data for training and gigantic data centers. Despite a slowing economy, Beijing has been investing in AI data centers, and launched a $6.1 billion national initiative called "Eastern Data, Western Computing." The U.S. has its own slate of initiatives, including a task force on AI infrastructure. "The Arab Gulf countries of the Middle East present many promising opportunities for AI data centers," Cohen wrote.

Persons: Goldman Sachs, Jared Cohen, Goldman, Cohen, it's, They've, Anthropic Organizations: Goldman Sachs Global Institute, CNBC, Google, Microsoft, Meta, Computing, United, United Arab Locations: China, Beijing, U.S, Canada, Australia, France, Gulf, OpenAI, United Arab Emirates, Qatar, Saudi Arabia

☆ Former Salesforce co-CEO Bret Taylor on his new startup's funding round and $4.5 billion valuation
▼ + stars: | 2024-10-28 | by ( Kate Rooney | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Salesforce co-CEO Bret Taylor on his new startup's funding round and $4.5 billion valuationBret Taylor, OpenAI board chair and co-founder of Sierra, joins CNBC's 'The Exchange' to discuss the company's quadrupled valuation, how AI models can remain relevant without licensing content from media, and more.

Persons: Bret Taylor

☆ Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
▼ + stars: | 2024-10-28 | by ( Kate Rooney | ) www.cnbc.com time to read: +2 min

Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology Conference in Paris on June 15, 2022. Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in a fresh funding round. The San Francisco-based company, which was valued at $1 billion in January, raised $175 million in a funding round led by Greenoaks Capital. Sierra is focused on helping enterprises like home security company ADT , Sonos , Weight Watchers and Casper personalize and implement AI agents for customer service. Taylor describes Sierra as "conversational AI," and bristles at the word "chatbot," even banning the phrase in the company's downtown San Francisco office.

Persons: Bret Taylor, Sierra, Taylor, Marc Benioff, Elon Musk, Clay Bavor, Casper personalize, Bavor, ICONIQ, Josh Kushner’s Organizations: Salesforce, Viva Technology Conference, Greenoaks Capital, Twitter, Elon, Google, Sierra, Google Labs, CNBC Locations: Paris, San Francisco

☆ Tapestry-Capri merger blocked by U.S. judge
▼ + stars: | 2024-10-24 | 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 EmailTapestry-Capri merger blocked by U.S. judgeCNBC's Kate Rooney joins 'Closing Bell Overtime' with breaking news on the Tapestry-Capri merger.

Persons: Kate Rooney Locations: Capri

☆ Perplexity AI faces copyright lawsuits from media companies
▼ + stars: | 2024-10-21 | 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 EmailPerplexity AI faces copyright lawsuits from media companiesCNBC’s Kate Rooney and Credo AI CEO Navrina Singh, join 'Power Lunch' to discuss Perplexity AI’s latest round of funding and its copyright problems.

Persons: Kate Rooney, Navrina Singh

The Perplexity AI logo is seen in this photo taken Jan. 4, 2024. Perplexity AI, an artificial intelligence search engine startup hoping to chip away at Google's dominance, is seeking to more than double its valuation to about $9 billion in its next funding round, CNBC has confirmed. The Wall Street Journal was first to report on the new funding round. Perplexity started the year with a roughly $500 million valuation. Since then, the company has continued to attract investor interest alongside the bigger boom in generative AI, raising three funding rounds this year.

Persons: Perplexity, OpenAI, ChatGPT Organizations: CNBC, New York Times

☆ Amazon ramps up AI chip race
▼ + stars: | 2024-10-15 | 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 EmailAmazon ramps up AI chip raceCNBC's Kate Rooney joins 'The Exchange' to discuss how Amazon is ramping up its long-term AI strategy.

Persons: Kate Rooney

☆ Amazon strikes AI chip deal with Databricks as it looks to narrow gap with Nvidia
▼ + stars: | 2024-10-15 | 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 EmailAmazon strikes AI chip deal with Databricks as it looks to narrow gap with NvidiaCNBC's Kate Rooney joins 'Money Movers' to report on Amazon's five-year deal with Databricks as the latest step in the tech giant looking to advance its reach in the AI market.

Persons: Kate Rooney Organizations: Nvidia, Databricks

☆ Hegde funds look to beat the markets using generative AI
▼ + stars: | 2024-10-14 | 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 EmailHegde funds look to beat the markets using generative AICNBC's Kate Rooney joins 'Squawk on the Street' to discuss how hedge fund managers are using machine learning.

Persons: Kate Rooney Organizations: Hegde

☆ Hedge funds look to AI to get ahead of the markets
▼ + stars: | 2024-10-14 | by ( Kate Rooney | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHedge funds look to AI to get ahead of the marketsCNBC's Kate Rooney joins 'The Exchange to report on hedge funds trying to get a new edge on Wall Street by using artificial intelligence.

Persons: Kate Rooney

☆ Nubank leads Berkshire portfolio
▼ + stars: | 2024-10-11 | 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 EmailNubank leads Berkshire portfolioCNBC’s Kate Rooney joins 'Power Lunch' to discuss Latam Nubank, as it becomes Buffett's Berkshire Hathaway's best performer.

Persons: Kate Rooney, Latam, Berkshire Hathaway's Organizations: Berkshire Locations: Berkshire

☆ Cerebras Systems likely to postpone IPO after facing delays with CFIUS Review, reports say
▼ + stars: | 2024-10-08 | 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 EmailCerebras Systems likely to postpone IPO after facing delays with CFIUS Review, reports sayCNBC's Kate Rooney, joins 'Power Lunch' to discuss reports that Cerebras Systems is likely to delay its IPO.

Persons: CNBC's Kate Rooney Organizations: Cerebras, CFIUS

☆ Watch CNBC's full extended interview with OpenAI CFO Sarah Friar
▼ + stars: | 2024-10-03 | 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 full extended interview with OpenAI CFO Sarah FriarSarah Friar, OpenAI CFO, joins CNBC's Kate Rooney to discuss how the AI darling's latest record-setting funding round propelled it to a sky-high valuation, and what she sees for the company's growth outlook as it works toward a path to profitability.

Persons: Sarah Friar Sarah Friar, Kate Rooney

☆ OpenAI closes mega-funding round at $157 billion valuation: Here's what to know
▼ + stars: | 2024-10-03 | 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 EmailOpenAI closes mega-funding round at $157 billion valuation: Here's what to knowCNBC’s Kate Rooney and Semafor business and finance editor Liz Hoffman join 'Squawk Box' to discuss the latest news from OpenAI.

Persons: CNBC’s Kate Rooney, Liz Hoffman Locations: OpenAI

☆ AI's Open-Source Future
▼ + stars: | 2024-10-02 | by ( Kate Rooney | ) 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's Open-Source FutureHugging Face, a hub for advanced AI models, has quickly become one of tech's hottest startups, thanks to growing enterprise interest in open-source AI platforms. With a $4.5B valuation, and marquee investors including Nvidia and Google, Hugging Face Co-Founder and CEO Clem Delangue explains why he passionately believes in AI democracy and how he's pulling down the guardrails of proprietary technology so anyone, anywhere, can get the data they need.

Persons: Clem Delangue Organizations: Nvidia, Google

☆ OpenAI closes $6.6 billion funding round
▼ + stars: | 2024-10-02 | 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 EmailOpenAI closes $6.6 billion funding roundCNBC's Kate Rooney, joins 'Closing Bell' to report on OpenAI closing its final round of funding.

Persons: Kate Rooney

☆ Meeting the Future of Media
▼ + stars: | 2024-10-02 | by ( Kate Rooney | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeeting the Future of MediaAI tools are helping companies create better content and reach more customers as technology continues to evolve at a breakneck pace. MNTN President & CEO Mark Douglas and Runway Co-founder & CEO Cristóbal Valenzuela join us to talk about how AI is changing the media landscape and what they see as the most important developments that will help business leaders stay ahead of the curve.

Persons: Mark Douglas, Cristóbal Valenzuela Organizations: Media, Runway

☆ OpenAI raises $6.6 billion in latest funding round
▼ + stars: | 2024-10-02 | 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 EmailOpenAI raises $6.6 billion in latest funding roundCNBC's Kate Rooney joins 'The Exchange' to report on OpenAI's announcement of a $6.6 billion fundraising round.

Persons: Kate Rooney

☆ OpenAI's CFO is trying to get the company's investors to keep calm and carry on
▼ + stars: | 2024-09-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

OpenAI CFO Sarah Friar emailed investors the day after three top execs suddenly left, per CNBC. Friar sought to soothe investor worries, saying the firm is still "laser-focused" on AI that can bring them returns. AdvertisementOpenAI's chief financial officer, Sarah Friar, is trying to assure investors that the company is still in good hands despite the sudden exit of three top executives, according to an email reported by CNBC. The outlet's Kate Rooney cited an email from Friar to OpenAI investors on Thursday night, a day after the firm saw the departure of its chief technology officer, Mira Murati. Murati, McGrew, and Zoph left OpenAI just a month after other top leaders stepped away from the company in August.

Persons: Sarah Friar, execs, Friar, OpenAI, —, Kate Rooney, Mira Murati, Barret Zoph, Bob McGrew, helming Nextdoor, nix, Sam Altman, Zoph Organizations: CNBC, Service, Research, Post, Bloomberg, Business Insider Locations: OpenAI

☆ OpenAI CFO tells investors funding round should close by next week despite executive departures
▼ + stars: | 2024-09-26 | by ( Kate Rooney | ) www.cnbc.com time to read: +2 min

OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong position and is poised to close a big funding round soon, despite losing top talent this week. In an email to OpenAI's investors seen by CNBC, Friar addressed the departure of Chief Technology Officer Mira Murati, who announced her departure on Wednesday. "I wanted to personally reach out following the news of Mira's departure from OpenAI," Friar wrote in the letter, which was viewed by CNBC. Friar said in the email that the funding round was oversubscribed and would close by next week. "Collectively, we remain laser-focused on bringing AI to everyone and building sustainable revenue models that fuel our operations and deliver value to our investors and employees," Friar wrote.

Persons: Sarah Friar, Friar, Mira Murati, Sam Altman, Bob McGrew, Barret Zoph, she's, OpenAI, Altman, Murati Organizations: CNBC, Microsoft, Apple Locations: OpenAI, San Francisco

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