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Jordan Novet

San Francisco

Technology Reporter at CNBC

Technology reporter and spreadsheet hoarder @CNBC. Write to me: [email protected]

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Articles

  • 1 week ago | nbclosangeles.com | Kif Leswing |Jordan Novet

    Nvidia will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations.

  • 1 week ago | cnbc.com | Kif Leswing |Jordan Novet

    Nvidia will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations.

  • 1 week ago | nbcwashington.com | Jordan Novet |Kif Leswing

    Justin Sullivan | Getty Images Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations. The stock slid almost 5% in extended trading. The U.S. government, during the Biden administration, restricted AI chip exports in 2022 and then updated the rules the following year to prevent the sale of more advanced AI processors.

  • 2 weeks ago | nbcnews.com | Hayden Field |Jordan Novet

    Microsoft terminated the employment of two software engineers who protested at company events on Friday over the Israeli military’s use of the company’s artificial intelligence products, according to documents viewed by CNBC. Ibtihal Aboussad, a software engineer in the company’s AI division who is based in Canada, was fired on Monday over “just cause, wilful misconduct, disobedience or wilful neglect of duty,” according to one of the documents.

  • 2 weeks ago | cnbc.com | Jordan Novet

    Microsoft owns lots of Nvidia graphics processing units, but it isn't using them to develop state-of-the-art artificial intelligence models. There are good reasons for that position, Mustafa Suleyman, the company's CEO of AI, told CNBC's Steve Kovach in an interview on Friday. Waiting to build models that are "three or six months behind" offers several advantages, including lower costs and the ability to concentrate on specific use cases, Suleyman said.

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Jordan Novet
Jordan Novet @jordannovet
4 Apr 25

RT @levynews: Microsoft picked a great day to turn 50 via @jordannovet https://t.co/9pBnXdE9x6

Jordan Novet
Jordan Novet @jordannovet
27 Mar 25

RT @levynews: Remember when for hot IPOs, the range would go up twice, then the company would price above the range, and then the stock wou…

Jordan Novet
Jordan Novet @jordannovet
28 Feb 25

RT @om: Today @microsoft is shutting down @Skype -- it makes me incredibly sad, but I am not surprised. Microsoft bought and killed Skype,…