Articles from www.cnbc.com

Articles from www.cnbc.com

Netskope priced its IPO at $19 per share, at the top of its targeted range, valuing the company at $7.3B, and raised $908.2M in the offering (www.cnbc.com)
1 hour ago IPO

StubHub's shares closed down 6.4% in its NYSE debut, giving it an $8.1B market value, after the ticketing platform raised $800M in its IPO (www.cnbc.com)
4 hours ago IPO

Macroscope, founded by Kayvon Beykpour to let developers find bugs and help product managers track engineering work, raised $40M from GV, Lightspeed, and others (www.cnbc.com)
8 hours ago

Nvidia CEO Jensen Huang says he was “disappointed” after a report that China has urged Chinese companies not to use the company's AI chips (www.cnbc.com)
12 hours ago China AI Nvidia

YouTube says it has paid out $100B+ to creators over the last four years and the number of YouTube channels making over $100K from TV screens has jumped 45% YoY (www.cnbc.com)
1 day ago YouTube

OpenAI hires former xAI CFO Mike Liberatore as business finance officer, reporting to CFO Sarah Friar, to oversee infrastructure spend; he left xAI in July (www.cnbc.com)
1 day ago

Alphabet becomes the fourth company to reach a $3T market cap, joining Nvidia, Microsoft, and Apple, after its stock jumped 4%+ on Monday (www.cnbc.com)
2 days ago Microsoft Apple Nvidia Alphabet

Trump implies that a TikTok deal has been reached with China, saying a deal was reached “on a ‘certain' company that young people” in the US wanted to save (www.cnbc.com)
2 days ago Trump China

OpenAI unveils Grove, a five-week mentorship program for nascent tech entrepreneurs, hosted in its San Francisco HQ, with ~15 participants in its first cohort (www.cnbc.com)
5 days ago San Francisco Entrepreneur

Opendoor's new chairman Keith Rabois says “I don't know what most” of its 1400 employees do and the company doesn't need “more than 200 of them” (www.cnbc.com)
5 days ago

Gemini shares opened up 32.2% at $37.01 in its Nasdaq debut, giving it a ~$4.4B market cap, after the Winklevoss' exchange operator raised $425M in its IPO (www.cnbc.com)
5 days ago IPO

OpenAI says its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100B (www.cnbc.com)
6 days ago Equity

Adobe reports Q3 revenue up 11% YoY to $5.99B, vs. $5.91B est., Digital Media revenue up 12% to $4.46B, and Digital Experience revenue up 9% to $1.48B (www.cnbc.com)
6 days ago Adobe

Uber plans to add Blade helicopter rides as soon as 2026 via a partnership with electric air taxi maker Joby Aviation, which acquired Blade for $125M in August (www.cnbc.com)
7 days ago Uber

Oracle reports Q1 revenue up 12% YoY to $14.93B, vs. $15.04B est., and remaining performance obligations up 359% to $455B; ORCL jumps 19%+ after hours (www.cnbc.com)
8 days ago Oracle

Shenzhen-based humanoid startup X Square Robot raised ~$100M led by Alibaba, bringing total funding to ~$280M, and released a foundation model for embodied AI (www.cnbc.com)
9 days ago Alibaba Startup AI Robot Shenzhen

AppLovin stock jumps 7%+ and Robinhood jumps 8%+ in extended trading after S&P Global said the two will join the S&P 500 index on September 22 (www.cnbc.com)
12 days ago

US tech industry's eight companies valued at $1T+ gained a combined $420B in market cap this week, lifting their total value to $21T, led by a Google rally (www.cnbc.com)
12 days ago Google

After the EU fined Google €2.95B, Trump threatens a trade probe, saying the Trump administration “will not allow these discriminatory actions to stand” (www.cnbc.com)
12 days ago Trump Google

Bret Taylor's Sierra raised $350M at a $10B valuation, up from $4.5B in 2024, and says its AI customer service agents are being used by “hundreds of millions” (www.cnbc.com)
13 days ago AI

Atlassian agrees to acquire The Browser Company for $610M in cash, set to close by December; the startup, founded in 2019, develops the Dia browser, now in beta (www.cnbc.com)
13 days ago Startup Browser Atlassian

C3.ai reports Q1 revenue down 19% YoY to $70.3M, and names long-time tech exec Stephen Ehikian as CEO, replacing Thomas Siebel; its stock falls 11%+ after hours (www.cnbc.com)
14 days ago AI

Figma reports Q2 revenue up 41% YoY to $249.6M, vs. $248.8M est., and forecasts Q3 and FY 2025 revenue above estimates; FIG drops 10%+ after hours (www.cnbc.com)
14 days ago

Source: OpenAI is increasing the size of its secondary share sale to $10.3B, up from $6B; the transaction is at a $500B valuation, in line with expectations (www.cnbc.com)
14 days ago

In US v. Google, a judge rejects prosecutors' bid to make Google sell off Chrome but says Google is barred from exclusive contracts and must share search data (www.cnbc.com)
15 days ago Google Chrome

Underdog and Crypto.com launch a sports prediction market to let US users in 16 states bet on the NFL, the NBA, and other leagues via Underdog's app (www.cnbc.com)
15 days ago

Microsoft says it agreed to give the US GSA $6B+ in potential savings on Office, Azure, 365, and other tools over three years, including $3.1B in the first year (www.cnbc.com)
15 days ago Microsoft

Alibaba's shares jumped 19% in Hong Kong on Monday, following strong quarterly results from its cloud computing unit and reports of its new AI chip on Friday (www.cnbc.com)
16 days ago Hong Kong Alibaba AI

Filing: Nvidia reveals its top two customers accounted for 39% of its Q2 revenue, up from 25% in Q2, 2024 (www.cnbc.com)
18 days ago Nvidia

Alibaba reports Q1 revenue up 2% YoY to ~$34.6B, below ~$35.4B est., and net income up 76% to ~$5.9B, above ~$4B est., as AI demand drives cloud sales up 26% (www.cnbc.com)
19 days ago Alibaba AI

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