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It was the week the meme-stock frenzy from 2021 returned with a vengeance — and it may all be over already.

Reddit (RDDT) Partners with OpenAI

12:26pm, Friday, 17'th May 2024
Reddit (RDDT) signed a data licensing deal with OpenAI. Diane King Hall discusses this as OpenAI's ChatGPT will gain access to Reddit data and OpenAI will become a Reddit partner.
The United Kingdom's Competition and Markets Authority (CMA) will not investigate Microsoft's partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that Microsoft Co
Microsoft (MSFT) announced it will begin offering Advanced Micro Device's (AMD) AI chips to cloud computing customers as an alternative to Nvidia's (NVDA) processors. Microsoft will be hosting its Bui
It's reported that Microsoft (MSFT) is to introduce AMD A.I. chips to its cloud computing customers.
British regulators said Friday they don't need to open a competition investigation into Microsoft's partnership with French artificial intelligence company Mistral, a month after asking for industry f
The EU on Friday told Microsoft to hand over internal documents or face fines as it examines generative AI risks on the company's search engine Bing ahead of elections.

Reddit Stock Soars on OpenAI Deal

10:34am, Friday, 17'th May 2024
Reddit Inc (NYSE:RDDT) stock is soaring today, up 16.9% at $65.90 at last glance.
Advanced Micro Devices, Inc. (NASDAQ:AMD) has been a notable player in the semiconductor industry, often viewed as a formidable competitor to larger counterparts like Nvidia. Recent developments, howe
Microsoft won't be facing antitrust scrutiny in the U.K. over its recent investment in French AI startup, Mistral AI, with the country's Competition and Markets Authority (CMA) on Friday concluding th
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company's deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.
Microsoft plans to release the coming installment of "Call of Duty" videogame to its subscription service instead of the longtime approach of only selling it à la carte, the Wall Street Journal repor
Shares of Reddit were on the rise in premarket trading Friday after the social media company announced a content deal with OpenAI, the Microsoft-backed artificial intelligence company behind ChatGPT a

Reddit surges on OpenAI deal

08:47am, Friday, 17'th May 2024
CNBC's 'Squawk Box' team discusses Reddit as the social media company's stock surged after announcing a deal with OpenAI.
Recent layoffs and studio closures at the major video game publishers could mark a bottom for video game stocks, analysts say.
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