
Kate Rooney
Tech Reporter at CNBC
@CNBC in San Francisco. Covering Amazon, OpenAI, Anthropic, gen AI ... and retail investors, with the occasional meme stock.
Articles
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1 week ago |
cnbc.com | Hayden Field |Kate Rooney
OpenAI is considering building a social network to compete with Elon Musk's X and Meta's Instagram, a source familiar with the plans confirmed to CNBC. The project is still in its early stages, said the person, who asked not to be named due to confidentiality. It's based on the popularity of OpenAI's newest image-generation feature, which has led to an overloading of the company's servers. The Verge was first to report on the project. OpenAI declined to comment.
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2 weeks ago |
cnbc.com | Kate Rooney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailThe Way We Break StigmasWhen it comes to health care, women are often left in the dark, and conversations about women's health are often still too shrouded in shame and stereotypes. However, these two founders are making a difference by providing products and services that help women at various stages in life.
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2 weeks ago |
cnbc.com | Kate Rooney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailThe Way We Integrate and AdaptWhile AI has changed so much about the world in a short amount of time, uncertainty about how it will be integrated into our professional and personal lives remains. This emerging technology requires thoughtful leaders who understand the capabilities and how best to implement it, maintain our privacy and scale the possibilities.
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3 weeks ago |
cnbc.com | Kate Rooney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWatch CNBC's full interview with Plaid CEO Zach PerretPlaid CEO Zach Perret sits down with Kate Rooney to discuss the fintech's new fundraising round at a $6B valuation--less than half of its peak price tag of $13.4B in 2021. Perret says it's likely the company's last raise before its IPO.
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3 weeks ago |
cnbc.com | Kate Rooney
Plaid on Thursday announced a new funding round that values the fintech startup at $6 billion, down from $13.4 billion in 2021. The new funding will give some employees a way to cash out. The $575 million round was led by a batch of new investors including Franklin Templeton, Fidelity and BlackRock. Existing backers NEA and Ribbit Capital also participated, Plaid said.
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Plaid announced a new funding Thursday round that values the fintech startup at $6 billion, roughly half of its peak price four years ago. Sat down with CEO @zachperret who says Plaid plans on going public (just not yet). Chatted about "fintech spring" market multiples and https://t.co/KrqiAKamOM

RT @cnbcevents: NEXT WEEK 👉️ @joannastrober of @midihealth and @fridababy Founder & CEO talk with @Kr00ney about the importance of investin…

OpenAI's $40B funding round tops every other private financing & IPO on record @SquawkCNBC @CNBC https://t.co/X0moQ7igQK https://t.co/fVcuYp9vp7