Articles from www.cnbc.com

Articles from www.cnbc.com

Ilya Lichtenstein, sentenced in Nov. 2024 to five years in prison for hacking Bitfinex, has been released early due to First Step Act, Trump's prison-reform law (www.cnbc.com)
19 hours ago Trump

Unsealed documents detail a US operation that stopped the alleged smuggling of $160M worth of Nvidia H100 and H200 GPUs to China between Oct. 2024 and May 2025 (www.cnbc.com)
3 days ago China Nvidia

Sources: SoftBank has completed its $40B investment in OpenAI (www.cnbc.com)
4 days ago

Despite Palantir's high trailing P/E ratio of ~450x, retail traders have poured billions of dollars into the stock, which is up ~3,000% in the past three years (www.cnbc.com)
7 days ago Retail

Oracle stock fell 30% this quarter, its steepest drop since Q3 2001, when it slid ~34%, amid skepticism about its ability to open more data centers for OpenAI (www.cnbc.com)
8 days ago Oracle

As startups flood the market with AI shopping agents, Amazon is playing defense by blocking agents' access to its site and investing heavily in its own tools (www.cnbc.com)
8 days ago Amazon Startup AI

Nvidia has agreed to buy AI chip startup Groq for $20B in cash, according to Alex Davis, CEO of Disruptive, which led Groq's latest financing round in September (www.cnbc.com)
9 days ago Startup AI Nvidia

Waymo, which paused its service during blackouts in San Francisco on December 20, says it is updating its fleet to improve navigation during widespread outages (www.cnbc.com)
10 days ago San Francisco

Paramount says Larry Ellison “agreed to provide an irrevocable personal guarantee of $40.4B” for its WBD bid, after WBD's board raised concerns about the offer (www.cnbc.com)
12 days ago

Waymo resumes robotaxi service in San Francisco after a blackout, and says most active trips were completed before vehicles returned to depots or pulled over (www.cnbc.com)
12 days ago San Francisco

A profile of Josh Woodward, the head of Google Labs who is credited with turning around the Gemini app, growing its MAUs from 350M in March to 650M by October (www.cnbc.com)
13 days ago Google

S&P Global: data center deals hit $61B globally in 2025; debt issuance nearly doubled YoY to $182B, with Meta raising $62B debt since 2022, ~50% of that in 2025 (www.cnbc.com)
13 days ago

The Delaware Supreme Court rules that Elon Musk's 2018 Tesla CEO pay package, worth around $56B when it vested, must be restored, ending a years-long fight (www.cnbc.com)
14 days ago Tesla Elon Musk

Instacart will pay $60M to settle FTC allegations that it used deceptive tactics in its subscription signup and “satisfaction guarantee” advertising (www.cnbc.com)
15 days ago

SoftBank Group Corp was among the Japanese tech stocks that fell on Dec. 18, as AI infrastructure spending worries on Wall Street crossed into the Asian markets (www.cnbc.com)
16 days ago Japan AI Wall Street

Coinbase is rolling out stock trading, more advanced trading tools, prediction markets via Kalshi, and more, amid a push to be a one-stop financial app (www.cnbc.com)
16 days ago Coinbase

Micron reports Q1 revenue up 57% YoY to $13.64B, vs. $12.84B est., net income up 180% to $5.24B, and Q2 revenue forecast above est.; MU jumps 5%+ after hours (www.cnbc.com)
16 days ago

California DMV says a California administrative law judge recently ruled Tesla engaged in deceptive marketing around its Autopilot and Full Self-Driving systems (www.cnbc.com)
17 days ago Tesla California

Shares of Tesla closed at a 2025 high on Monday after the company confirmed it is testing driverless vehicles in Austin without a human safety operator (www.cnbc.com)
18 days ago Tesla

Shares of Broadcom, CoreWeave, and Oracle, companies tied to the AI infrastructure buildout, extend last week's decline; ORCL is down 46%+ since September 10 (www.cnbc.com)
18 days ago AI Oracle

Thrive Capital announces it has hired Palantir CIO Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services (www.cnbc.com)
19 days ago

Esusu, which offers a rent reporting API to Zillow, banks, and others to help renters build credit scores, raised a $50M Series C at a $1.2B valuation (www.cnbc.com)
20 days ago

Broadcom CEO Hock Tan reveals that Anthropic placed a $10B order for Google's Ironwood TPU racks in Q3 and says it placed an additional $11B order in Q4 (www.cnbc.com)
22 days ago Google 4Q

Broadcom reports Q4 revenue up 28% YoY to $18.02B, vs. $17.49B est., and forecasts Q1 revenue above estimates, with AI chip sales doubling to $8.2B (www.cnbc.com)
22 days ago AI 4Q

Oracle reports Q2 revenue up 14% YoY to $16.06B vs. $16.21B est., remaining performance obligations up 438% to $523B vs. $502B est.; ORCL drops 5%+ after hours (www.cnbc.com)
23 days ago Oracle

Starcloud, which launched a satellite with a Nvidia H100 chip in November, says the satellite is running and querying responses from Google's Gemma (www.cnbc.com)
24 days ago Google Nvidia

Amazon will invest $35B+ in India's cloud and AI sector by 2030, adding to the ~$40B it has invested in the country, and says the plan will create 1M more jobs (www.cnbc.com)
24 days ago India Amazon AI

Sources: Meta is pursuing a new Llama successor and frontier AI model, codenamed Avocado, set for release in Q1 2026, and it could be a proprietary model (www.cnbc.com)
25 days ago AI

President Trump says the US will allow Nvidia to ship H200 chips to “approved customers” in China and elsewhere, and that Xi Jinping “responded positively” (www.cnbc.com)
25 days ago Trump China Nvidia

Leaked letter: Tiger Global launches Private Investment Partners 17, a fund targeting raising ~$2B to $3B, signaling a pivot from megafunds to more discipline (www.cnbc.com)
26 days ago

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