Tech & AI
The business of technology: the AI capital cycle, chips, platforms and the money behind them.
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Reddit stock jumps on inclusion in S&P 500
Reddit shares jumped on the company's inclusion in the S&P 500.
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Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
As Tim Cook gets set to step down as Apple CEO, he's offering a glimpse into what he may be doing as chairman.
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Workday skyrockets 20% before trading halted on report of Silver Lake takeover
Workday shares have plummeted this year on AI disruption fears.
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Cisco shares slide 9% despite earnings beat and stronger-than-expected guidance
Cisco is showing booming demand for AI infrastructure, but its results weren't good enough to satisfy investors.
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Anthropic CFO Krishna Rao is leading early IPO meetings with investors and has not discussed valuation, sources say
Anthropic CFO Krishna Rao is leading early investor meetings, which have focused on big-picture themes like its Claude AI models, …
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OpenAI revenue chief Denise Dresser leaving, second major executive departure in days
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Databricks wraps $5 billion funding round at $190 billion valuation
Databricks is benefitting off of the agentic AI wave.
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3 of our stocks surged in the AI trade came back. 3 others stumbled
Ahead of the CNBC Investing Club's August Monthly Meeting, here's a look at what moved our three top and bottom performers since o…
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Easing inflation pressures, Cerebras earnings, falling Hormuz traffic and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Legora in talks to raise at a $10bn valuation, according to reports
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Mozilla’s CTO thinks AI should be built like the internet
Raffi Krikorian explains that while consumers flock to ChatGPT and Claude, companies are increasingly turning to open models that …
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An inside look at SK Hynix $720 billion AI-fueled buildout that's taking over South Korea
SK Hynix, the leading maker of high-bandwidth memory, is pouring $720 billion into memory factories to meet AI demand. We got an e…
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Inside Multiverse Computing, the Spanish startup vying to be Europe's next AI champion
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Kospi Enters Bull Market as AI Trade Lifts Samsung, SK Hynix
South Korea's Kospi has entered a technical bull market as a resurgence in artificial intelligence spending drives a sharp recover…
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AI data center stocks rebound as earnings and chip financing spur rally
A broad rally in artificial intelligence infrastructure equities signals renewed investor confidence in the sector's fundamentals …
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Index in talks to lead $500m round for DeepMind researcher’s new AI lab
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Meta and Nvidia launch open AI models to counter Chinese rivals
Meta and Nvidia are releasing open-weight AI models to capture government and banking clients who cannot use Chinese alternatives,…
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Inflation data, CoreWeave's revenue surge, election betting and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Lovable raises $400m backed by EU’s Scaleup Fund
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Drone startup Uforce targeting upwards of $4bn valuation in new raise, sources say
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Coreweave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening
AI cloud giant Coreweave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand …
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Accel targets European AI and defence with $800m fund
US venture capital firm Accel has closed an $800m early-stage fund for Europe and Israel, signalling sustained institutional confi…
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World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.
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