Jordan Novet
@jordannovet
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Technology reporter and spreadsheet hoarder @CNBC. Write to me: [email protected]
San Francisco
Joined January 2013
new: Microsoft has blocked ChatGPT for its employees
cnbc.com
Microsoft told employees on Thursday that "a number of AI tools are no longer available" due to security reasons.
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GraniteShares announced distribution rates for the YieldBOOST™ IONQ ETF (IOYY) as of November 20, 2025 $IOYY IOYY: Standardized performance: Since Inception (11/04/2025): -2.40%
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life comes at you, etc.
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Big scoop here from @CNBCtech - @jordannovet @kifleswing @lorakolodny on Nvidia's acquihire \Nvidia just spent over $900 million to hire Enfabrica CEO, license AI startup's technology
cnbc.com
In a deal reminiscent of acquihires by Meta and Google, Nvidia hired Enfabrica's CEO and other employees of the startup, and licensed its technology.
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Larry Ellison already owns a large chunk of Hawaii...this next windfall could help him buy a lot more of just about anything he wants https://t.co/8P0r6v6ixF (via @jordannovet @CNBCtech @cnbc) $ORCL
cnbc.com
Larry Ellison, co-founder and technology chief of database software incumbent Oracle, is closing in on his friend Elon Musk's net worth.
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Also thanks to @jordannovet for the great @CNBC piece on "Figma CEO’s path from college dropout and Thiel fellow to tech billionaire" that inspired today's reflection. https://t.co/q8uSruaSS0
cnbc.com
After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6 billion.
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“He’s kind of like the anti-Steve Jobs,” said Gibson, a co-founder of 1517 Fund, a venture firm that prides itself on investing in dropouts. “When it comes to Jobs’ legend as this hard-charging a--hole, Dylan is the opposite.”
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Before entering into talks to acquire Windsurf, which would be its largest acquisition to date by far, OpenAI looked at buying another AI code-writing tool: Cursor. @jordannovet
cnbc.com
Cursor gained popularity last year after embedding Anthropic's Claude Sonnet artificial intelligence model in its tool to automate programming.
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Microsoft picked a great day to turn 50 via @jordannovet
https://t.co/9pBnXdE9x6
cnbc.com
Microsoft is in a strong position 50 years into its existence, but regulations and competitive pressures in artificial intelligence challenge future growth.
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Remember when for hot IPOs, the range would go up twice, then the company would price above the range, and then the stock would still go up? We're in a different place. CoreWeave prices at $40, below expected range. via @LesliePicker and @jordannovet
https://t.co/HMLQ0Q6P2f
cnbc.com
CoreWeave is trying to thaw the tech IPO market with one of the biggest offerings in years, but investors have expressed some skepticism.
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Today @microsoft is shutting down @Skype -- it makes me incredibly sad, but I am not surprised. Microsoft bought and killed Skype, plain and simple. It is what should be labeled as corporate murder. I could write a ph.d dissertation on this -- for now this is all I have to say.
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AI is a power hungry beast. Hydrogen, fusion, fission, geothermal, SMRs...they're seeing hundreds of millions from OpenAI's Sam Altman, Microsoft, Google and Amazon. @jordannovet and I talk to six energy start-up CEOs about the spending spree. https://t.co/nwbaeXRVzg
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'One contentious measure the regulator said it was considering was requiring Microsoft to apply the same pricing for its software regardless of which cloud it’s hosted on — a move that would have a significant impact on Microsoft’s pricing structures.'
cnbc.com
The U.K. competition regulator will soon announce "behavioral" remedies to address anti-competitive practices in the cloud industry, two sources told CNBC.
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here's what Satya Nadella told @jonfortt on CNBC today about Microsoft's relationship with OpenAI
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'In the last six months, Azure OpenAI consumption has more than doubled.' -Satya Nadella, speaking onstage at Microsoft Ignite 2024
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Reporter mentions "iPhone" to Steve Jobs before it was even a thing, 2006
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Scoopage from @annierpalmer Amazon shuts down secret project to develop fertility tracker
cnbc.com
The project, codenamed "Encore," was part of Amazon's moonshot incubator Grand Challenge, which launched under founder Jeff Bezos.
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CoreWeave is officially worth $23 billion now as Cisco and Pure Storage participate in a secondary
cnbc.com
Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to companies for artificial intelligence.
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NEW: OpenAI's official "blueprint for U.S. AI infrastructure" involves AI economic zones, tapping the U.S. Navy's nuclear power experience & privately-funded gov projects, according to a document viewed by CNBC, which OpenAI plans to present today in D.C.
cnbc.com
OpenAI's official blueprint for U.S. AI infrastructure involves AI economic zones and government projects funded by private investors, according to a document.
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