Tech

More than 50% of enterprise software could switch to AI, Mistral CEO says

Software stocks have sold off on fears AI could eat into so-called software as a service, or SaaS, business models.

Watch CNBC's full interview with Mistral AI CEO Arthur Mensch

Arthur Mensch, CEO of Mistral AI, discusses future growth, competition and AI strategy from the India AI Impact Summit.

Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms' government subsidies

The Microsoft president said American firms will have to compete with subsidies provided by Beijing to Chinese companies.

Arm shares edge higher as Nvidia sells entire stake in company

SEC filings showed Nvidia has exited its position in the British chip designer, which it once tried to buy for $40 billion.

Cadence Design Systems shares pop on earnings beat, custom chip optimism

CEO Anirudh Devgan said he expects the trend of companies making their own custom chips to accelerate.

Amazon is oversold. Traders can take advantage of the weakness using this options trade

Amazon's recent weakness appears to reflect sentiment fatigue rather than a deterioration in business quality.