A picture shows logos of the big technology companies named GAFAM, for Google, Apple, Facebook, Amazon and Microsoft, in Mulhouse, France, on June 2, 2023.
Sebastien Bozon | AFP | Getty Images
Late last year, an artificial intelligence engineer at Amazon was wrapping up the work week and getting ready to spend time with some friends visiting from out of town. Then, a Slack message popped up. He suddenly had a deadline to deliver a project by 6 a.m. on Monday.
There went the weekend. The AI engineer bailed on his friends, who had traveled from the East Coast to the Seattle area. Instead, he worked day and night to finish the job.
But it was all for nothing. The project was ultimately “deprioritized,” the engineer told CNBC. He said it was a familiar result. AI specialists, he said, commonly sprint to build new features that are often suddenly shelved in favor of a hectic pivot to another AI project.
The engineer, who requested anonymity out of fear of retaliation, said he had to write thousands of lines of code for new AI features in an environment with zero testing for mistakes. Since code can break if the required tests are postponed, the Amazon engineer recalled periods when team members would have to call one another in the middle of the night to fix aspects of the AI feature’s software.
AI workers at other Big Tech companies, including Google and Microsoft, told CNBC about the pressure they are similarly under to roll out tools at breakneck speeds due to the internal fear of falling behind the competition in a technology that, according to Nvidia CEO Jensen Huang, is having its “iPhone moment.”
The tech workers spoke to CNBC mostly on the condition that they remain unnamed because they weren’t authorized to speak to the media. The experiences they shared illustrate a broader trend across the industry, rather than a single company’s approach to AI.
They spoke of accelerated timelines, chasing rivals’ AI announcements and an overall lack of concern from their superiors about real-world effects, themes that appear common across a broad spectrum of the biggest tech companies — from Apple to Amazon to Google.
Engineers and those with other roles in the field said an increasingly large part of their job was focused on satisfying investors and not falling behind the competition rather than solving actual problems for users. Some said they were switched over to AI teams to help support fast-paced rollouts without having adequate time to train or learn about AI, even if they are new to the technology.
A common feeling they described is burnout from immense pressure, long hours and mandates that are constantly changing. Many said their employers are looking past surveillance concerns, AI’s effect on the climate and other potential harms, all in the name of speed. Some said they or their colleagues were looking for other jobs or switching out of AI departments, due to an untenable pace.
This is the dark underbelly of the generative AI gold rush. Tech companies are racing to build chatbots, agents and image generators, and they’re spending billions of dollars training their own large language models to ensure their relevance in a market that’s predicted to top $1 trillion in revenue within a decade.
Tech’s megacap companies aren’t being shy about acknowledging to investors and employees how much AI is shaping their decision-making.
Microsoft Chief Financial Officer Amy Hood, on an earnings call earlier this year, said the software company is “repivoting our workforce toward the AI-first work we’re doing without adding material number of people to the workforce,” and said Microsoft will continue to prioritize investing in AI as “the thing that’s going to shape the next decade.”
“This leads me to believe that we should invest significantly more over the coming years to build even more advanced models and the largest scale AI services in the world,” Zuckerberg said.
At Amazon, CEO Andy Jassy told investors last week that the “generative AI opportunity” is almost unprecedented, and that increased capital spending is necessary to take advantage of it.
“I don’t know if any of us has seen a possibility like this in technology in a really long time, for sure since the cloud, perhaps since the Internet,” Jassy said.
Speed above everything
On the ground floor, where those investments are taking place, things can get messy.
The Amazon engineer, who lost his weekend to a project that was ultimately scuttled, said higher-ups seemed to be doing things just to “tick a checkbox,”and that speed, rather than quality, was the priority while trying to recreate products coming out of Microsoft or OpenAI.
In an emailed statement to CNBC, an Amazon spokesperson said, the company is “focused on building and deploying useful, reliable, and secure generative AI innovations that reinvent and enhance customers’ experiences,” and that Amazon is supporting its employees to “deliver those innovations.”
“It’s inaccurate and misleading to use a single employee’s anecdote to characterize the experience of all Amazon employees working in AI,” the spokesperson said.
Last year marked the beginning of the generative AI boom, following the debut of OpenAI’s ChatGPT near the end of 2022. Since then, Microsoft, Alphabet, Meta, Amazon and others have been snapping up Nvidia’s processors, which are at the core of most big AI models.
While companies such as Alphabet and Amazon continue to downsize their total headcount, they’re aggressively hiring AI experts and pouring resources into building their models and developing features for consumers and businesses.
Eric Gu, a former Apple employee who spent about four years working on AI initiatives, including for the Vision Pro headset, said that toward the end of his time at the company, he felt “boxed in.”
“Apple is a very product-focused company, so there’s this intense pressure to immediately be productive, start shipping and contributing features,” Gu said. He said that even though he was surrounded by “these brilliant people,” there was no time to really learn from them.
“It boils down to the pace at which it felt like you had to ship and perform,” said Gu, who left Apple a year ago to join AI startup Imbue, where he said he can work on equally ambitious projects but at a more measured pace.
Apple declined to comment.
Microsoft CEO Satya Nadella (R) speaks as OpenAI CEO Sam Altman (L) looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.
Justin Sullivan | Getty Images
An AI engineer at Microsoft said the company is engaged in an “AI rat race.”
When it comes to ethics and safeguards, he said, Microsoft has cut corners in favor of speed, leading to rushed rollouts without sufficient concerns about what could follow. The engineer said there’s a recognition that because all of the large tech companies have access to most of the same data, there’s no real moat in AI.
Microsoft didn’t provide a comment.
Morry Kolman, an independent software engineer and digital artist who has worked on viral projects that have garnered more than 200,000 users, said that in the age of rapid advancement in AI, “it’s hard to figure out where is worth investing your time.”
“And that is very conducive to burnout just in the sense that it makes it hard to believe in something,” Kolman said, adding, “I think that the biggest thing for me is that it’s not cool or fun anymore.”
At Google, an AI team member said the burnout is the result of competitive pressure, shorter timelines and a lack of resources, particularly budget and headcount. Although many top tech companies have said they are redirecting resources to AI, the required headcount, especially on a rushed timeline, doesn’t always materialize. That is certainly the case at Google, the AI staffer said.
The company’s hurried output has led to some public embarrassment. Google Gemini’s image-generation tool was released and promptly taken offline in February after users discovered historical inaccuracies and questionable responses. In early 2023, Google employees criticized leadership, most notably CEO Sundar Pichai, for what they called a “rushed” and “botched” announcement of its initial ChatGPT competitor called Bard.
The Google AI engineer, who has over a decade of experience in tech, said she understands the pressure to move fast, given the intense competition in generative AI, but it’s all happening as the industry is in cost-cutting mode, with companies slashing their workforce to meet investor demands and “increase their bottom line,” she said.
There’s also the conference schedule. AI teams had to prepare for the Google I/O developer event in May 2023, followed by Cloud Next in August and then another Cloud Next conference in April 2024. That’s a significantly shorter gap between events than normal, and created a crunch for a team that was “beholden to conference timelines” for shipping features, the Google engineer said.
Google didn’t provide a comment for this story.
The sentiment in AI is not limited to the biggest companies.
An AI researcher at a government agency reported feeling rushed to keep up. Even though the government is notorious for moving slower than companies, the pressure “trickles down everywhere,” since everyone wants to get in on generative AI, the person said.
And it’s happening at startups.
There are companies getting funded by “really big VC firms who are expecting this 10X-like return,” said Ayodele Odubela, a data scientist and AI policy advisor.
“They’re trying to strike while the iron is hot,” she said.
‘A big pile of nonsense’
Regardless of the employer, AI workers said much of their jobs involve working on AI for the sake of AI, rather than to solve a business problem or to serve customers directly.
“A lot of times, it’s being asked to provide a solution to a problem that doesn’t exist with a tool that you don’t want to use,” independent software engineer Kolman told CNBC.
The Microsoft AI engineer said a lot of tasks are about “trying to create AI hype” with no practical use. He recalled instances when a software engineer on his team would come up with an algorithm to solve a particular problem that didn’t involve generative AI. That solution would be pushed aside in favor of one that used a large language model, even if it were less efficient, more expensive and slower, the person said. He described the irony of using an “inferior solution” just because it involved an AI model.
A software engineer at a major internet company, which the person asked to keep unnamed due to his group’s small size, said the new team he works on dedicated to AI advancement is doing large language model research “because that’s what’s hot right now.”
The engineer has worked in machine learning for years, and described much of the work in generative AI today as an “extreme amount of vaporware and hype.” Every two weeks, the engineer said, there’s some sort of big pivot, but ultimately there’s the sense that everyone is building the same thing.
He said he often has to put together demos of AI products for the company’s board of directors on three-week timelines, even though the products are “a big pile of nonsense.” There’s a constant effort to appease investors and fight for money, he said. He gave one example of building a web app to show investors even though it wasn’t related to the team’s actual work. After the presentation, “We never touched it again,” he said.
A product manager at a fintech startup said one of his projects involved a rebranding of the company’s algorithms to AI. He also worked on a ChatGPT plug-in for customers. Executives at the company never told the team why it was needed.
The employee said it felt “out of order.” The company was starting with a solution involving AI without ever defining the problem.
An AI engineer who works at a retail surveillance startup told CNBC that he’s the only AI engineer at a company of 40 people and that he handles any responsibility related to AI, which is an overwhelming task.
He said the company’s investors have inaccurate views on the capabilities of AI, often asking him to build certain things that are “impossible for me to deliver.” He said he hopes to leave for graduate school and to publish research independently.
Risky business
The Google staffer said that about six months into her role, she felt she could finally keep her head above water. Even then, she said, the pressure continued to mount, as the demands on the team were “not sustainable.”
She used the analogy of “building the plane while flying it” to describe the company’s approach to product development.
Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023.
Noah Berger | Getty Images
The Amazon AI engineer expressed a similar sentiment, saying everyone on his current team was pulled into working on a product that was running behind schedule, and that many were “thrown into it” without relevant experience and onboarding.
He also said AI accuracy, and testing in general, has taken a backseat to prioritize speed of product rollouts despite “motivational speeches” from managers about how their work will “revolutionize the industry.”
Odubela underscored the ethical risks of inadequate training for AI workers and with rushing AI projects to keep up with competition. She pointed to the problems with Google Gemini’s image creator when the product hit the market in February. In one instance, a user asked Gemini to show a German soldier in 1943, and the tool depicted a racially diverse set of soldiers wearing German military uniforms of the era, according to screenshots viewed by CNBC.
“The biggest piece that’s missing is lacking the ability to work with domain experts on projects, and the ability to even evaluate them as stringently as they should be evaluated before release,” Odubela said, regarding the current ethos in AI.
At a moment in technology when thoughtfulness is more important than ever, some of the leading companies appear to be doing the opposite.
“I think the major harm that comes is there’s no time to think critically,” Odubela said.
The VC arms of Google and Nvidia have invested in Swedish vibe coding startup Lovable’s $330 million Series B at a $6.6 billion valuation, the company announced on Thursday.
The news confirms an earlier story from CNBC, which reported on Tuesday that Lovable had raised at that valuation, trebling its valuation from its previous round in July, and that the investors included U.S. VC firms Accel and Khosla Ventures.
CapitalG, one of Google’s VC divisions, and Menlo Ventures led the round. Alongside Accel and Khosla, Nvidia venture arm NVentures, actor Gwyneth Paltrow’s VC firm Kinship Ventures, Salesforce Ventures, Databricks Ventures, Atlassian Ventures, T.Capital, Hubspot Ventures, DST Global, EQT Global, Creandum and Evantic also participated.
The fresh funds take Lovable’s total raised in 2025 to over $500 million.
“Lovable has done something rare: built a product that enterprises and founders both love,” said Laela Sturdy, managing partner at CapitalG in a statement accompanying the announcement.
“The demand we’re seeing from Fortune 500 companies signals a fundamental shift in how software gets built.”
Lovable’s platform uses AI models from providers like OpenAI and Anthropic to help users build apps and websites using text prompts, without technical knowledge of coding.
The startup reported $200 million in annual recurring revenue (ARR) in November, just under a year after achieving $1 million in ARR for the first time. It was founded in 2023 by Anton Osika and Fabian Hedin.
Vibe coding startups have seen big interest from VCs in recent times, as investors bet on their promise of drastically reducing the time it takes to create software and apps.
In the U.S., Anysphere, which created coding tool Cursor, raised $2.3 billion at a $29.3 billion valuation in November. In September, Replit hit a $3 billion price tag after picking up $250 million and Vercel closed a $300 million round at a $9.3 billion valuation.
During an earnings call with analysts, Micron, which makes memory storage used for computers and artificial intelligence servers, said data center needs have fueled greater demand for its products.
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028, growing at a 40% compounded annual growth rate. Management also upped its capital expenditures guidance to $20 billion from $18 billion.
“We are more than sold out,” said business chief Sumit Sadana. “We have a significant amount of unmet demand in our models and this is just consistent with an environment where the demand is substantially higher than supply for the foreseeable future.
Micron topped Wall Street estimates for the fiscal first quarter and issued blowout guidance.
Read more CNBC tech news
The company reported adjusted earnings of $4.78 per share on $13.64 billion in revenue, surpassing LSEG estimates for earnings of $3.95 per share and $12.84 billion in sales.
Revenues in the current quarter are expected to hit about $18.70 billion, blowing past the $14.20 billion expected by LSEG. Adjusted earnings are forecast to reach $8.42, versus expectations of $4.78 per share.
JPMorgan upped its price target on the stock following the results, citing the favorable pricing setup, while Bank of America upgraded shares to a buy rating.
Morgan Stanley called the results the best revenue and net income upside in the “history of the U.S. semis industry” outside of Nvidia.
“If AI keeps growing as we expect, we believe that the next 12 months are going to have broader coat tails to the AI trade than just the processor names and memory would be the biggest beneficiary,” analysts wrote.
U.S. President Donald Trump delivers an address to the nation from the Diplomatic Reception Room of the White House in Washington, D.C., U.S., December 17, 2025.
Doug Mills | Via Reuters
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.
Here are five key things investors need to know to start the trading day:
1. Trump on defense
President Donald Trump, with approval ratings sagging, touted his economic and other policies in a White House address, taking jabs at his predecessor, former President Joe Biden. “I inherited a mess,” Trump said, referring to when he returned to the White House last January. “And I am fixing it.”
Here’s what to know:
Trump projected “the largest tax refund season of all time” thanks to the tax and spending package he signed into law over the summer.
The president also announced a “warrior dividend” of $1,776 for 1,450,000 U.S. military members, that’s set to cost about $2.5 billion.
The address came as Trump’s approval ratings are sagging across the board, on issues ranging from immigration to inflation, and as Republicans seek to hold on to majorities in the House and Senate in the 2026 midterms.
Obamacare subsidies extension will go to a vote after 4 Republicans bucked leadership.
The U.S. government admitted fault, citing missteps by members of the U.S. Army and the FAA, in the fatal collision of an Army Black Hawk Helicopter with an arriving American Airlines regional jet in January that took 67 lives.
2. Return of the CPI
A shopper browses a holiday food display while shopping for groceries ahead of the Thanksgiving Day holiday at an Albertsons supermarket in Redmond, Washington, U.S., November 24, 2025.
David Ryder | Reuters
The November consumer price index report, the first since the record government shutdown ended last month, is due out at 8:30 a.m. ET.
Economists surveyed by Dow Jones expect it to show a 12-month inflation rate of 3.1%. When excluding food and energy, core CPI is forecast to post an annual rate of 3.0%.
The Bureau of Labor Statistics has said the release “will not include 1-month percent changes for November 2025 where the October 2025 data are missing,” because the agency canceled the October inflation report in late November, weeks before the Federal Reserve’s final meeting of the year.
3. Time for a rebound?
Traders work on the floor of the New York Stock Exchange on Aug. 22, 2025.
Spencer Platt | Getty Images
Stock futures were ticking up ahead of the return of the monthly inflation report.
Micron Technology jumped 10% in premarket trading after its latest results and forecast topped Wall Street estimates. Shares of Olive Garden parent Darden rose premarket on an improved sales outlook.
The S&P 500 and Dow Jones Industrial Average ended the previous session lower for the fourth day in a row. Oracle had dropped more than 5% after the Financial Times reported that the cloud infrastructure company’s primary investor pulled out of its $10 billion Michigan data center.
Trump Media and Technology Group on Thursday announced a merger agreement valued at more than $6 billion with TAE Technologies, a fusion power company, showing the company that operates President Donald Trump‘s Truth Social platform is branching out even further.
4. Healthy IPO market
CEO Jim Boyle celebrates with others as medical supplies giant Medline (MDLN) holds it’s IPO at the Nasdaq stock market site in Times Square in New York, Dec. 17, 2025.
Shannon Stapleton | Reuters
Shares of medical supply giant Medline, which makes everything from hospital beds to scrubs, jumped 41% in their Nasdaq debut Wednesday as the world’s biggest IPO of the year. The stock opened at $35, up from its $29 IPO price, and ended its first trading day at $41 a share, bringing Medline’s market capitalization to roughly $54 billion.
Just over 200 IPOs have priced this year despite market volatility in the spring, driven by President Donald Trump’s sweeping tariffs and the longest U.S. government shutdown in history in the fall. It is the largest U.S. listing since Rivian‘s $13.7 billion deal in November 2021, according to data compiled by CNBC.
Get Morning Squawk directly in your inbox
5. Delta’s platinum president is retiring
Glen Hauenstein, president of Delta Air Lines Inc., center left, and Ed Bastian, chief executive officer of Delta Air Lines Inc., center right, on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 12, 2025.
Michael Nagle | Bloomberg | Getty Images
Delta Air Lines President Glen Hauenstein, who helped shape Delta into the industry’s profit leader, will retire at the end of February. Hauenstein, who joined Delta 20 years ago, led the airline’s lucrative embrace of travelers willing to spend more for a more luxurious trip, or at least a few more inches of legroom on board.
Some of Delta’s strategies became too successful for customers’ tastes, such as its popular airport SkyClubs, which Delta recently raised the entry bar.
The Daily Dividend
And the winner is…YouTube. In a major shift away from traditional television, the Academy of Motion Picture Arts and Sciences announced Wednesday it’s signed a multiyear deal with the Google-owned service to stream the Oscars starting in 2029 and running through 2033, red carpet coverage included.
— CNBC’s Sean Conlon, Justin Papp, Kevin Breuninger, Amelia Lucas, Dan Mangan, Garrett Downs, Annika Kim Constantino, Pia Singh and Sarah Whittencontributed to this report. Melodie Warner edited this edition.