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Oracle shares retreat 6% after sharpest rally in more than 30 years

cnbc.com Jordan Novet 2025-09-29 18:00:43

Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI. The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three different customers" in the latest quarter. The company's remaining performance obligation, a measure of co

Topics: company openai oracle report stock

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Financial Experts Concerned That Driving Users Into Psychosis Will Be Bad for AI Investments

futurism.com Unknown 2025-09-29 17:18:21

Countless users of AI chatbots are being driven into spirals of delusion, a wave of "AI psychosis" that's alarming mental health professionals. Some even say the tech could give birth to entirely new categories of mental disorders. The grim trend has already been linked to several deaths, including the suicide of a 16-year-old boy, which has led to his family suing ChatGPT maker OpenAI, accusing it of product liability and wrongful death. In fact, even Wall Street is starting to grow uncomfort

Topics: ai mental openai psychosis users

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Opendoor stock soars 80% after company names new CEO

cnbc.com Chris Eudaily Annie Palmer 2025-09-29 22:37:32

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 80% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Topics: ceo following jackson opendoor stock

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Oracle shares retreat 7% after sharpest rally in more than 30 years

cnbc.com Jordan Novet 2025-09-29 22:48:51

Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company's upcoming growth is coming from a single client: OpenAI. The software vendor has seen its stock go on a wild ride this week after CEO Safra Catz on Tuesday said that Oracle had "signed four multi-billion-dollar contracts with three different customers" in the latest quarter. The company's remaining performance obligation, a measure of co

Topics: company openai oracle report stock

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The Helix Text Editor

news.ycombinator.com Jonathan Frere 2025-09-26 17:27:40

I’ve come to accept that I’m just a sucker for shiny nerd things. I use Rust, despite never having had a professional reason to use it in my life. I switched to Linux in my student years and I’ve never looked back since, even though it constantly breaks and I can’t get my Bluetooth headphones to connect. I have a split keyboard with home row mods set up because I read some random blog posts and it looked cool to me. I literally learned to program because I figured I should learn how to do more n

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Opendoor stock soars 65% after company names new CEO

cnbc.com Chris Eudaily Annie Palmer 2025-09-30 06:51:29

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 65% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 500% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Topics: ceo following jackson opendoor stock

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OpenAI's fix for hallucinations is simpler than you think

zdnet.com Webb Wright 2025-09-30 09:09:18

Hector Roqueta Rivero/Moment via Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways OpenAI says AI hallucination stems from flawed evaluation methods. Models are trained to guess rather than admit ignorance. The company suggests revising how models are trained. Even the biggest and most advanced generative AI models occasionally hallucinate, or generate inaccurate information presented as fact. Now, OpenAI claims to understand why -- while offering a p

Topics: ai guessing model models openai

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Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 36%

cnbc.com Annie Palmer 2025-09-30 11:22:00

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Opendoor , the online real estate platform that's seen a surge of retail investor interest in recent months, said Wednesday that it's tapped former Shopify executive Kaz Nejatian as CEO and named co-founder Keith Rabois as chairman. The stock was up 36% Thursday in premarket trading, and is now up more than fifteenfold since hitting its

Topics: 2013 ceo keith opendoor rabois

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Opendoor stock soars 60% after company names new CEO

cnbc.com Chris Eudaily Annie Palmer 2025-09-30 18:42:46

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor stock rocketed 60% higher on Thursday after the retail favorite named Shopify executive Kaz Nejatian as CEO and co-founder Keith Rabois as chairman. The meme stock hit a 52-week high and continued a stunning run this year, with shares up more than 400% so far. Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors that included critical c

Topics: ceo following jackson opendoor stock

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OpenAI Hopes Animated 'Critterz' Will Prove AI Is Ready for the Big Screen

cnet.com See Full Bio 2025-10-01 11:00:04

Can generative AI animate a decent movie? That question's getting an early test. OpenAI and production studio Vertigo Films have announced a plan to create a feature-length adaptation of a 2023 short film made as a demonstration for OpenAI's Dall-E image generator. The film, called Critterz, will have a budget of less than $30 million. Producers hope to make the movie in about nine months, in time for the Cannes Film Festival next May, according to The Wall Street Journal. The original short

Topics: ai film openai production tools

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Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%

cnbc.com Annie Palmer 2025-10-01 14:02:53

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Opendoor , the online real estate platform that's seen a surge of retail investor interest in recent months, said Wednesday that it's tapped former Shopify executive Kaz Nejatian as CEO and named co-founder Keith Rabois as chairman. The stock popped 30% in extended trading, and is now up more than fifteenfold since hitting its record low

Topics: ceo company opendoor rabois shopify

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OpenAI reportedly signs $300 billion Project Stargate cloud deal with Oracle

theverge.com Elissa Welle 2025-10-01 14:01:10

is a NYC-based AI reporter and is currently supported by the Tarbell Center for AI Journalism. She covers AI companies, policies, and products. Posts from this author will be added to your daily email digest and your homepage feed. OpenAI and Oracle signed a deal “to purchase $300 billion in computing power over roughly five years,” one of the largest cloud computing deals ever, reports the Wall Street Journal. In July, the two companies revealed their partnership to build data centers worth

Topics: ai billion companies openai oracle

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Google Says the Open Web Is Now in "Rapid Decline"

futurism.com Unknown 2025-10-02 01:17:29

In a major change in tune, Google has admitted that the "open web is already in rapid decline" — despite being adamant for months that the "web is thriving." As first spotted by The Verge, the tech giant attempted to dissuade regulators from breaking up its advertising tech business, arguing that doing so would harm publishers who rely on advertising revenue. Google argued that splitting up its ad business would "only accelerate" the open web's disintegration ahead of an antitrust trial in a D

Topics: ai google open search web

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OpenAI and Oracle reportedly ink historic cloud computing deal

techcrunch.com Rebecca Szkutak 2025-10-02 06:00:34

In Brief Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers might be. Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five years, according to reporting from the Wall Street Journal. OpenAI would start purchasing this compute in 2027. If the WSJ’s reporting is correct, this

Topics: compute openai oracle reporting signed

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Microsoft taps Anthropic for AI in Word and Excel, signaling distance from OpenAI

zdnet.com Webb Wright 2025-10-02 18:26:00

Elyse Betters Picaro/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Microsoft will pay Anthropic for access to its AI models. They'll go toward new features in Office 365 platforms. Microsoft and OpenAI are distancing themselves from one another. Microsoft will slacken its dependence on OpenAI through a new partnership with Anthropic, The Information reported on Tuesday. The deal will enable Microsoft to embed Anthropic's AI systems into Microsoft 365 (fo

Topics: ai anthropic company microsoft openai

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Microsoft ends OpenAI exclusivity in Office, adds rival Anthropic

arstechnica.com Unknown 2025-10-02 22:41:42

Microsoft's Office 365 suite will soon incorporate AI models from Anthropic alongside existing OpenAI technology, The Information reported, ending years of exclusive reliance on OpenAI for generative AI features across Word, Excel, PowerPoint, and Outlook. The shift reportedly follows internal testing that revealed Anthropic's Claude Sonnet 4 model excels at specific Office tasks where OpenAI's models fall short, particularly in visual design and spreadsheet automation, according to sources fam

Topics: ai anthropic microsoft models openai

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GPT-5 Is Making Huge Factual Errors, Users Say

futurism.com Unknown 2025-10-04 09:23:29

It's been just over a month since OpenAI dropped its long-awaited GPT-5 large language model (LLM) — and it hasn't stopped spewing an astonishing amount of strange falsehoods since then. From the AI experts at the Discovery Institute's Walter Bradley Center for Artificial Intelligence and irked Redditors on r/ChatGPTPro, to even OpenAI CEO Sam Altman himself, there's plenty of evidence to suggest that OpenAI's claim that GPT-5 boasts "PhD-level intelligence" comes with some serious asterisks.

Topics: gdp gpt openai parts wrong

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Microsoft reportedly plans to start using Anthropic models to power some of Office 365's Copilot features

engadget.com Unknown 2025-10-04 10:20:19

Microsoft reportedly plans to begin using Anthropic's latest Claude models to power some of the Copilot features in its Office 365 apps. In a report published Tuesday, The Information said the tech giant would announce the change "in the coming weeks." Microsoft currently relies on OpenAI's tech to power the majority of AI features found inside of Word, Excel, Outlook and PowerPoint. As an outsider looking in, Microsoft's embrace of Anthropic's models would appear to signal a deepening split be

Topics: anthropic information microsoft models openai

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Microsoft to lessen reliance on OpenAI by buying AI from rival Anthropic

techcrunch.com Rebecca Bellan 2025-10-04 10:11:30

Microsoft will pay to use Anthropic’s AI in Office 365 apps, The Information reports, citing two sources. The move means that Anthropic’s tech will help power new features in Word, Excel, Outlook, and PowerPoint alongside OpenAI’s, marking the end of Microsoft’s previous reliance solely on the ChatGPT-maker for its productivity suite. Microsoft’s move to diversify its AI partnerships comes amid a growing rift with OpenAI, which has pursued its own infrastructure projects as well as a and a pote

Topics: ai anthropic linkedin microsoft openai

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Just One Lonely Product Still Uses Apple’s Lightning Connector—Can You Guess Which One?

wired.com Verity Burns 2025-10-04 18:23:59

While the world focuses on Apple’s latest slew of new products, we are taking a moment for the last bastion of Apple’s proprietary past—the one remaining product with a Lightning connector that, somehow, Apple still sells. We have previously lamented Apple's drawn-out transition to USB-C. It’s been far from quick and far from straightforward, leaving a mess of dongles and confusion in its wake. It was last year, at its September 2024 “Glowtime” event, that Apple made the move to change that, t

Topics: apple gen lightning pencil product

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Abu Dhabi launches low-cost AI reasoning model in challenge to OpenAI, DeepSeek

cnbc.com Ryan Browne 2025-10-05 18:00:01

Omer Taha Cetin | Anadolu | Getty Images A new challenger in the global artificial intelligence race has entered the ring. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), an AI-focused research university established by the United Arab Emirates, announced on Tuesday the release of a new, low-cost reasoning model to rival OpenAI and DeepSeek. It comes after DeepSeek, a Chinese AI lab, earlier this year shocked the world with the release of a reasoning model called R1 which

Topics: ai like model models openai

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The USB-C Apple Pencil drops to a new all-time low

engadget.com Unknown 2025-10-05 18:15:45

It's still back-to-school season and, regardless of whether you've picked up a textbook recently, that will always mean its time to pick up new supplies. Thankfully, there are some great deals currently running, including a new all-time low price for the USB-C Apple Pencil. Right now, you can pick up the USB-C Apple Pencil for $50, down from $79. The 37 percent discount is available as part of Woot's warehouse clean out and will run for six more days or until the accessory sells out. Notably, W

Topics: apple deals ipad new pencil

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Three big things we still don’t know about AI’s energy burden

technologyreview.com James O'Donnell 2025-10-06 01:00:00

The problem with finding that number, as we explain in our piece published in May, was that AI companies are the only ones who have it. We pestered Google, OpenAI, and Microsoft, but each company refused to provide its figure. Researchers we spoke to who study AI’s impact on energy grids compared it to trying to measure the fuel efficiency of a car without ever being able to drive it, making guesses based on rumors of its engine size and what it sounds like going down the highway. But then this

Topics: ai energy google number openai

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Chinese EV maker Xpeng eyes global launch of mass-market Mona series in 2026

cnbc.com Arjun Kharpal 2025-10-06 04:50:15

Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker's stand at the IAA auto show in Munich, Germany on September 8, 2025. Xpeng plans to launch its mass-market Mona series in overseas markets next year in a move that will boost competition with its Chinese rivals and established automakers in the electric vehicle arena. In a wide-ranging interview with CNBC on Tuesday, Xpeng CEO He Xiaopeng said the company's international expansion is moving faster than he expected and signaled

Topics: chinese electric launch mona xpeng

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OpenAI denies that it’s weighing a ‘last-ditch’ California exit amid regulatory pressure over its restructuring

techcrunch.com Connie Loizos 2025-10-06 03:00:44

In Brief OpenAI executives are discussing a potential relocation out of California as increasing political resistance threatens the company’s efforts to convert from nonprofit to for-profit status, according to The WSJ, though the company says it has no plans to leave. California’s attorney general is investigating whether OpenAI’s restructuring violates state charitable trust law, while a coalition of nonprofits, labor groups, philanthropies, and even rival Meta are pushing back against the c

Topics: company francisco openai restructuring san

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I have left Branch and am no longer involved with Nova Launcher

news.ycombinator.com Unknown 2025-10-05 18:06:52

So Long Hi everyone, I'm the founder and original developer of Nova Launcher. I've been the only one working on Nova for the past year. I needed to let you know that I have left Branch and am no longer involved with Nova Launcher. For the past several months I have been preparing the Open Source release of Nova Launcher. This work included cleaning up the codebase, reviewing licenses, removing or replacing proprietary code, and coordinating with legal to ensure a proper release. When Branch a

Topics: alex community launcher nova open

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So Long [Nova Launcher's FOSS release blocked by its owners,despite obligations]

news.ycombinator.com Unknown 2025-10-06 04:06:52

So Long Hi everyone, I'm the founder and original developer of Nova Launcher. I've been the only one working on Nova for the past year. I needed to let you know that I have left Branch and am no longer involved with Nova Launcher. For the past several months I have been preparing the Open Source release of Nova Launcher. This work included cleaning up the codebase, reviewing licenses, removing or replacing proprietary code, and coordinating with legal to ensure a proper release. When Branch a

Topics: alex community launcher nova open

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Sam Altman says that bots are making social media feel ‘fake’

techcrunch.com Julie Bort 2025-10-06 10:24:42

X enthusiast and Reddit shareholder Sam Altman had an epiphany on Monday: Bots have made it impossible to determine whether social media posts are really written by humans, he posted. The realization came while reading (and sharing) some posts from the r/Claudecode subreddit, which were praising OpenAI Codex. OpenAI launched the software programming service that takes on Anthropic’s Claude Code in May. Lately, that subreddit has been so filled with posts from self-proclaimed Code users announc

Topics: altman bots openai posts social

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OpenAI Says It's Making a Full Hollywood Movie Using AI

futurism.com Unknown 2025-10-06 13:15:29

OpenAI has teamed up with production companies in London and Los Angeles to create a feature-length animated movie made largely with artificial intelligence. As the Wall Street Journal reports, the purported goal of using AI tech on the movie is to speed up production while also saving costs — and, presumably, serving as a giant tech demo for movie execs everywhere. The film will invite comparisons to the early days of CGI-animated movies in the mid-1990s. Funded heavily by Apple cofounder Ste

Topics: ai human jobs movie openai

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Report: OpenAI will launch its own AI chip next year

zdnet.com Webb Wright 2025-10-06 22:41:00

XH4D/iStock/Getty Images Plus via Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways: OpenAI is building an in-house AI chip with Broadcom. The effort is likely the result of a partnership valued at $10 billion. Many AI companies are launching their own chipmaking operations. OpenAI is gearing up to launch its own AI chip, part of a broader industry effort to gain independence from third-party semiconductor companies. The ChatGPT-maker will start mass

Topics: ai broadcom chips company openai

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Latest Tech News

Oracle shares retreat 6% after sharpest rally in more than 30 years

Financial Experts Concerned That Driving Users Into Psychosis Will Be Bad for AI Investments

Opendoor stock soars 80% after company names new CEO

Oracle shares retreat 7% after sharpest rally in more than 30 years

The Helix Text Editor

Opendoor stock soars 65% after company names new CEO

OpenAI's fix for hallucinations is simpler than you think

Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 36%

Opendoor stock soars 60% after company names new CEO

OpenAI Hopes Animated 'Critterz' Will Prove AI Is Ready for the Big Screen

Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%

OpenAI reportedly signs $300 billion Project Stargate cloud deal with Oracle

Google Says the Open Web Is Now in "Rapid Decline"

OpenAI and Oracle reportedly ink historic cloud computing deal

Microsoft taps Anthropic for AI in Word and Excel, signaling distance from OpenAI

Microsoft ends OpenAI exclusivity in Office, adds rival Anthropic

GPT-5 Is Making Huge Factual Errors, Users Say

Microsoft reportedly plans to start using Anthropic models to power some of Office 365's Copilot features

Microsoft to lessen reliance on OpenAI by buying AI from rival Anthropic

Just One Lonely Product Still Uses Apple’s Lightning Connector—Can You Guess Which One?

Abu Dhabi launches low-cost AI reasoning model in challenge to OpenAI, DeepSeek

The USB-C Apple Pencil drops to a new all-time low

Three big things we still don’t know about AI’s energy burden

Chinese EV maker Xpeng eyes global launch of mass-market Mona series in 2026

OpenAI denies that it’s weighing a ‘last-ditch’ California exit amid regulatory pressure over its restructuring

I have left Branch and am no longer involved with Nova Launcher

So Long [Nova Launcher's FOSS release blocked by its owners,despite obligations]

Sam Altman says that bots are making social media feel ‘fake’

OpenAI Says It's Making a Full Hollywood Movie Using AI

Report: OpenAI will launch its own AI chip next year

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