Anthropic · OpenAI · Nvidia · CNBC Technology
Now it's betting on cars and robots
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This report is from this week's The Tech Download newsletter.
Key facts
- The company has a backlog of orders for QNX worth $950 million and "a portion of that is robotics," Giamatteo said
- Anthropic has inked a roughly $45 billion cloud deal with Nscale, a U.K.-based AI infrastructure company
- SK Hynix is bolstering its U.S. presence, with a new factory in Indiana that CEO Kwak Noh-Jung says will make the state a "key HBM production base in America" by 2030
- QNX has become a strong player in safety-critical automotive software and is embedded in 275 million vehicles, according to BlackBerry
Summary
In its heyday, BlackBerry was one of the biggest phone makers in the world. While far off its 2008 highs, BlackBerry's share price has doubled this year as investors reward the company's strategy to focus on critical software for cars and secure communications. John Giamatteo, CEO of BlackBerry, joined me for the latest episode of "The Tech Download" to discuss how the company is positioning for a future in AI. "While the products that we offer to our customers around the world can't necessarily be held in the palm of your hands like the old devices, those values of security, trust and innovation still shine through in the software and services and the other solutions that we deliver to the market today," Giamatteo said as he summed up the current business.