CNBC Tech - Gaming

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1. Sam Altman says OpenAI will top $20 billion in annualized revenue this year, hundreds of billions by 2030

   OpenAI has inked more than $1.4 trillion of infrastructure deals, raising questions about how it will pay for those commitments.

2. Apple's AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers

   Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

3. Meta reportedly projected 10% of 2024 sales came from scam, fraud ads

   Meta projected that about $16 billion in 2024 revenue came from running ads for scams and banned goods, according to a Thursday report from Reuters. 

4. Trump AI czar Sacks says 'no federal bailout for AI' after OpenAI CFO's comments

   Sacks' comments came after OpenAI CFO Sarah Friar mentioned a federal "backstop" during a conference.

5. Microsoft forms superintelligence team under AI chief Suleyman 'to serve humanity'

   The MAI Superintelligence Team will pursue research for improving artificial intelligence companions, diagnosing diseases and generating renewable energy.

6. Doordash stock drops 15%, heads for worst day ever on spending concerns

   Doordash has already shelled out billions this year to buy restaurant booking platform SevenRooms and British delivery platform Deliveroo.

7. Datadog's stock soars 20% on revenue beat, strong forecast

   Datadog has rolled out multiple artificial intelligence technologies as the AI boom boosts demand for cloud security.

8. OpenAI CFO Sarah Friar says company isn't seeking government backstop, clarifying prior comment

   OpenAI CFO Sarah Friar said in a LinkedIn post that the artificial intelligence company is not seeking a government backstop for its infrastructure commitments.

9. Snap stock jumps 10% after announcing Perplexity AI deal, reporting strong revenue

   Perplexity will integrate its AI-powered search engine directly into the Snapchat app.

10. Duolingo stock plunges 27% on light guidance as company prioritizes user growth

    CEO and co-founder Luis von Ahn told CNBC that the company has shifted its investment strategy in recent months to focus on long-term initiatives.