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Amazon Fire TV Omni Series
Amazon

Amazon’s first TV sets, which you can talk to and control without a remote, go on sale this week. I’ve been testing the $830 Amazon Fire TV Omni Series for a few days. It’s a good TV for the money, and Alexa can be useful, but the software interface doesn’t look as sharp as it should on a 4K TV.  

Amazon has traditionally sold Fire TV Sticks and Fire TV Cubes that plug into existing sets, or partnered with other device makers who integrate its Fire TV software. Usually, there are buttons on the remotes that let you use Alexa to control the TV. With the Omni Series, however, Amazon brings its Alexa assistant right into the TV.

Amazon’s Jason Parrish, who led the product management of the Omni series TVs, told me the goal of the TV is to make living rooms smarter through what he calls ambient computing, with Alexa at the center of how we watch TV, listen to music and interact with our smart homes. The higher-end Omni Series has generated about two-thirds of all of Amazon’s pre-orders for TVs, Parrish said, showing it’s more popular than the more affordable 4-Series so far and that, seemingly, Amazon fans like the idea of talking to their televisions.

Amazon makes most of its money from its AWS cloud business and is better known as an online retailer. But its hardware, which ranges from tablets to e-readers and smart speakers, helps bring people right to its storefront and its ecosystem of ads and services.

I tested the 65-inch Amazon Fire TV Omni Series television, but there’s also a lower-end cheaper TV known as the 4 Series, which starts at $370.

What’s good

Amazon Fire TV Omni Series
Amazon

The Omni Series has a high-end physical design with an edge-to-edge 4K screen that’s sharp and, with the right adjustments, colorful. I like the slim metal bezel on the bottom, and the fact that I can just ask it to do what I want.

A remote is included, but even without touching it I could ask Alexa to play TV shows or movies, to tell me the weather (which pops up in a small bar at the bottom of the screen) or to tune to a specific channel on YouTube TV. It works even if I’m standing across the room. 

Amazon Fire TV Omni Series
Todd Haselton | CNBC

This is different from Amazon’s Fire TV Cube, which also had Alexa but required the TV screen to be switched on before it could respond.

Parrish said Amazon found when customers walk into the room and say “‘turn on the lights,’ they don’t want their TV to turn on and just stay on.”

“Or if you say ‘what time is it?’ you don’t need a 65-inch screen to tell you that. So that was the type of thing that we wanted to rethink,” he added. Parrish explained customers interact and engage with content more when they use voice instead of a remote.

Amazon Fire TV Omni Series
Todd Haselton | CNBC

There are four microphones along the top of the TV that are always listening for “Hey Alexa.” Parrish said the microphones are as far away from the speakers as possible so that they can still hear you if you’re playing music or watching TV.

“The goal there is to be able to make a request while you’re watching TV and not just kind of halt everything that you’re doing. You should be able to do it while you have that show going on and we also want to make sure that we’re not impacting your TV watching when it comes to responses,” Parrish said.

I liked that I could say “Alexa, pause” instead of trying to find the remote when I wanted to get up off the couch. It’s also useful to give commands like “Alexa, mute” or “Alexa, turn up the volume,” and I started to get used to not using the remote as often.

As with Amazon’s Echos, there’s an easy toggle to switch off the microphones. It’s right under the TV screen.

The microphone switch on the bottom.
Todd Haselton | CNBC

Alexa can do all sorts of other things, too, like switch inputs to your Xbox or cable box (which it can also control with an included cable), help you shop for things (“Alexa, shop for soap,”) or show you the current stock price of a company even while a show is playing. It’s useful. There’s a smart home dashboard, too, so you can see all of your cameras and lights.

Alexa will pop up some responses at the bottom of the screen, which is useful.
Todd Haselton | CNBC

The Omni TV, unlike the 4-Series, supports webcams through a USB port in case you want to video chat with other folks who own the same TV or who have other products with Alexa installed, like phones, Amazon tablets or Amazon’s Echo Show smart screens. It worked with a Logitech webcam Amazon sent me to test. Likewise, you can check in on cameras around your home by giving commands like “show the nursery camera,” for example. And a small video feed will pop up over the show you’re watching if someone rings the doorbell.

Amazon Fire TV Omni Series
Todd Haselton | CNBC

Movies and TV shows looked really good on the LED display, considering the TV’s sub-$1,000 price. The 65-inch model I tested and the larger 75-inch version support the clearest standards, like Dolby Vision, HDR 10, HLG, and Dolby Digital Plus, for good balance in bright scenes and better color and contrast than cheaper sets. I liked the image best after I turned up the color saturation a little bit from the presets. Also, the blacks aren’t as pure black and inky as you might find on much more expensive TVs with nicer miniLED or OLED screens.

Amazon Fire TV Omni Series
Todd Haselton | CNBC

The built-in speakers are better than most TV speakers and get nice and loud, but I still prefer a soundbar for deeper bass and richer sound.

What’s bad

Amazon Fire TV Omni Series
Todd Haselton | CNBC

Alexa understood most of my commands just fine, especially general ones that you’d typically give to an Echo.

However, there are some things that it just doesn’t support on a TV, and I had to learn those limitations by trial and error. For instance, you can adjust the TV color modes, like presets for movies or sports, but you cannot adjust the brightness with Alexa. 

Likewise, it works well if you say “Alexa, play the movie ‘Hackers,'” but didn’t correctly understand “Alexa, play the latest episode of ‘Succession'” — instead, it began playing the very first episode of the show. Amazon explained those inconsistent results can come down to how some apps — in this case, HBO Max — catalog their shows.

Parrish explained how Alexa tries to understand the user’s intent when a voice request is made. Amazon optimized the TV to understand that you probably want to view something instead of listening to it.

“‘Hamilton’ is obviously now on Disney as a movie, but it’s a very popular soundtrack as well,” Parrish said. “So a Fire TV, when you ask to play ‘Hamilton,’ it will get you to Disney Plus. It will bias towards video. Whereas on an Echo it will send you to Prime Music or Spotify or whatever your preferred music player is.”

Alexa is good, but it’s still learning.

I’m not a fan of the ads, like the “Jet-Puffed” food ad on the main screen, or the 1080p UI.
Todd Haselton | CNBC

My biggest gripe with the Omni Series TV is that the home screen and user interface still render in 1080p, a quarter of the 4K resolution. This isn’t a big deal if you sit about nine feet away from the TV, but I sit closer. The icons were blurry when I sat about four to five feet from the screen. You may never notice this unless you walk up close, but I look at nice screens for a living and it bothered me.

Amazon said the software is kept at a lower resolution to make sure the user interface is smooth and optimized. In fact, the TV felt sluggish and temporarily froze when I was moving through menus at first. Amazon advised me to do a factory reset and that fixed my problems. Still, it’s concerning that the experience wasn’t perfect out of the box.

You can avoid the lower resolution user interface by ignoring the Fire TV home screen altogether and using something else, like an Xbox Series X, a PlayStation 5 or an Apple TV through one of the HDMI inputs. An Apple TV 4K user interface looks nice and crisp as expected. But that sort of defeats the main purpose of buying an Amazon TV. 

Then, there were the ads. I don’t mind sponsored ads on Fire TVs and other cheap gadgets that plug into TVs, like the Google Chromecast and Roku devices. But I don’t like when an $820 TV displays ads for sponsored TV shows and movies, and subscription apps and channels I might want to buy. There was even a big ad on the home screen for an Amazon TV Fire stick — something you wouldn’t need if you bought this TV. Most TVs with a smart interface do this, too, and it’s how Amazon makes money, but it’s not a great experience.

“Having content promoted in our UI is kind of core to our experience,” Parrish told me. “We’ll probably have a lot of customers that are familiar with Fire TV and we’ll probably have some that aren’t. We look forward to hearing what they have to say.”

Should you buy it?

Amazon Fire TV Omni Series
Amazon

The Amazon Fire TV Omni Series is a nice TV set for $830. TV shows and movies look great once you adjust the picture to your liking. It’s easy to do in settings.

Alexa is convenient to have and it grows on you once you get used to doing some things by voice and others with the remote. It’s fun to just walk into a room and say “Alexa, tune to CNBC” without knowing where the remote is.

You’ll get the most out of Alexa on the Omni Series if you have lots of Amazon Echos and a smart home that’s tied in with Amazon’s ecosystem. It works well once you get the hang of what it can and can’t do.

I’m just bummed about the lower resolution home screen UI, even though movies and TV shows look good in 4K. I understand most folks may still end up watching full HD content anyway, since so much live TV isn’t even 4K, but the software should still look sharp even up close.

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Winklevoss-founded Gemini reportedly prices IPO at $28 per share, valuing the crypto exchange at $3.3 billion

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Winklevoss-founded Gemini reportedly prices IPO at  per share, valuing the crypto exchange at .3 billion

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4, 2021.

Joe Raedle | Getty Images

Gemini Space Station, the crypto company founded by Cameron and Tyler Winklevoss, priced its initial public offering at $28 per share late Thursday, according to Bloomberg.

A person familiar with the offering told the news service that the company priced the offering above its expected range of $24 to $26, which would value the company at $3.3 billion.

Since Gemini capped the value of the offering at $425 million, 15.2 million shares were sold, according to the report. That was a measure of high demand for the crypto company, which had initially marketed 16.67 million shares. Earlier this week, it increased its proposed price range from between $17 and $19 apiece.

A Gemini spokesperson could not confirm the report.

The company and the selling stockholders granted its underwriters — led by and Goldman Sachs, Citigroup and Morgan Stanley — a 30-day option to sell an additional 452,807 and 380,526 shares, respectively, per the registration form. Gemini stock will trade on the Nasdaq under ticker symbol “GEMI.”

Up to 30% of the shares offered will be reserved for retail investors through Robinhood, SoFi, Hong Kong-based Futu Securities, Singapore’s Moomoo Financial, Webull and other platforms.

Gemini, which primarily operates as a cryptocurrency exchange, was founded by the Winklevoss brothers in 2014 and holds more than $21 billion of assets on its platform as of the end of July.

Initial trading will give the market a sense of how long it can keep the crypto IPO party going. Circle Internet and Bullish had successful listings, but there has been a recent consolidation in the prices of blue chip cryptocurrencies like bitcoin and ether. Also, in contrast to those companies’ profitability, Gemini has reported widening losses, especially in 2025. Per its registration with the Securities and Exchange Commission, Gemini posted a net loss of $159 million in 2024, and in the first half of this year, it lost $283 million.

This week, however, Gemini received a big vote of institutional confidence when Nasdaq said it’s making a strategic investment of $50 million in the crypto company. Nasdaq is seeking to offer its clients access to Gemini’s custodial services, and gain a distribution partner for its trade management system known as Calypso.

Gemini also offers a crypto-backed credit card, and last month, launched another card in partnership with Ripple. The latter garnered more than 30,000 credit card sign-ups in August, a new monthly high that was more than twice the number of credit card sign-ups in the prior month, according to the S-1 filing.

Don’t miss these cryptocurrency insights from CNBC Pro:

(Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here.)

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OpenAI says nonprofit parent will own equity stake in company of over $100 billion

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OpenAI says nonprofit parent will own equity stake in company of over 0 billion

Microsoft Chairman and Chief Executive Officer Satya Nadella (L), speaks with OpenAI Chief Executive Officer Sam Altman, who joined by video during the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025.

Jason Redmond | AFP | Getty Images

OpenAI on Thursday said its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100 billion.

The artificial intelligence startup, recently valued at $500 billion, said this structure will make the nonprofit “one of the most well-resourced philanthropic organizations in the world,” and will allow the company to continue to raise capital.

OpenAI also announced it has signed a non-binding memorandum of understanding with Microsoft, which outlines the next phase of their partnership. Microsoft has invested over $13 billion in OpenAI, backing the company as early as 2019, three years before the launch of of the chatbot ChatGPT.

“We are actively working to finalize contractual terms in a definitive agreement,” OpenAI said in a joint statement with Microsoft, which is also the company’s key cloud partner. “Together, we remain focused on delivering the best AI tools for everyone, grounded in our shared commitment to safety.”

In May, OpenAI bowed to pressure from civic leaders and ex-employees, announcing that its nonprofit would retain control even as the company was restructuring into a public benefit corporation. OpenAI was founded as a nonprofit research lab in 2015, but has in recent years become one of the fastest-growing commercial entities on the planet.

OpenAI said Thursday it is working closely with the California and Delaware Attorneys General to establish its structure.

“OpenAI started as a nonprofit, remains one today, and will continue to be one – with the nonprofit holding the authority that guides our future,” the company’s Chairman Bret Taylor said in a statement Thursday.

The startup has been engulfed in a heated legal battle with Elon Musk, one of its co-founders. Musk has been trying to keep OpenAI from converting into a for-profit company as he competes in the generative AI market with his own startup, xAI.

OpenAI said its nonprofit is also opening applications for the first phase of a $50 million grant initiative that is aimed to support other nonprofit and community organizations across AI literacy, economic opportunity and community innovation.

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‘We will do better.’ Microsoft CEO Nadella admits company has to rebuild trust with employees

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'We will do better.' Microsoft CEO Nadella admits company has to rebuild trust with employees

Microsoft CEO Satya Nadella departs following a meeting of the White House Task Force on AI Education in the East Room of the White House in Washington on Sept. 4, 2025.

Eric Lee | Bloomberg | Getty Images

Microsoft CEO Satya Nadella told employees in a meeting on Thursday that the company has work to do to smooth relations with employees after announcing several rounds of layoffs and a mandated partial return to in-person work.

In the meeting that was held online, an employee asked executives to speak about a perceived lack of empathy in the company’s culture as of late and steps Microsoft is taking to rebuild trust with its workforce.

“I deeply appreciate that, the question and the sentiment behind it,” Nadella said, in audio that was obtained by CNBC. “I take it as feedback for me and everyone in the leadership team, because at the end of the day, I think we can do better, and we will do better.”

Nadella’s comments come after Microsoft slashed 9,000 jobs in July, following smaller reductions in the months prior. On Tuesday, Microsoft said workers living near its headquarters in Redmond, Washington, must come into the office three days a week, starting in February, with a broader rollout to follow.

Amy Coleman, Microsoft’s human resources chief, said at Thursday’s meeting that reception to the return-to-office announcement has been mixed, with some workers feeling like they’re losing autonomy. But she said that employees in and around Seattle already come in, on average, 2.4 times each week.

Like most of the tech industry, Microsoft went fully remote during the pandemic, and made particular use of its internal Teams video and chat offerings, which gained rapid adoption during that period. Microsoft has been slower than many of its peers to put a mandate in place for coming back to the office. Amazon, one of Microsoft’s top rivals, called employees back to offices five days a week in January.

While Nadella and the executive team are taking criticism from some staffers, Wall Street is applauding the company’s growth and execution. The stock is up almost 20% this year, outperforming the broader market, pushing Microsoft’s market cap to $3.7 trillion, which trails only Nvidia among the world’s most-valuable companies.

In July, Microsoft reported a 24% increase in net income to $27 billion. The company’s gross margin was under 69%, compared with 71% in late 2023. It’s rapidly building and renting data center infrastructure to meet artificial intelligence demand.

AI infrastructure build-up is a long-term story as adoption is only consumer based now

Nadella said at the meeting that with remote work, new employees and those who are early in their careers don’t always feel a sense of apprenticeship or mentorship.

“Management is just mostly all remote, but the interns are all, you know, in one location,” he said. “And so those are things that just will break a social contract.”

Microsoft didn’t immediately provide a comment.

Even with Microsoft’s rapid expansion, Nadella said the company is feeling the pressure. It’s a common theme in the software industry, as concerns proliferate about the impact of AI and its potential to automate work.

“We have some very, very hard work ahead of us, and that hard process of renewal is essentially what we have to do,” Nadella said. “You have to be hardcore in terms of an intellectual honesty about what really needs to happen.”

Microsoft’s Azure cloud business grew 39% in the latest quarter, but revenue in the Windows and devices business increased by just 2.5%.

“Some of the biggest businesses we built may not be as relevant going forward,” Nadella said. “Some of the margin that we love today may not be there tomorrow, and that means you have to be way ahead of all of those going away, right?”

Microsoft, which celebrated its 50th anniversary in April, will retain its core values as it confronts market realities, Nadella said.

“Capital markets have one simple truth,” he said. “There is no permission for any company to exist forever.”

That wasn’t the only contentious topic at the meeting.

Employees are awaiting details from a third-party investigation after The Guardian said in August that Israel’s military used Microsoft’s Azure cloud infrastructure to store Palestinians’ phone calls as part of Israel’s invasion of Gaza. Microsoft has fired five employees following protests at its headquarters in Redmond, according to a statement from the group No Azure for Apartheid.

Microsoft President Brad Smith, whose office the protesters entered, addressed the issue on Thursday. He said that he and Coleman met with Jewish Microsoft employees, who have been harassed and threatened and have seen their public information shared online.

“We don’t get to control what happens outside Microsoft, but we need to be clear about one thing,” Smith said. “There is no room for antisemitism at Microsoft, and as a company and as a community, we will protect this group and defend them from that.”

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