Articles from www.cnbc.com

Articles from www.cnbc.com

Chinese semiconductor companies like SMIC reported record 2025 revenue, driven by AI demand and China's self-sufficiency push as a result of US restrictions (www.cnbc.com)
5 hours ago China AI

Amazon adds a 3.5% fuel and logistics surcharge to fulfillment fees for US and Canadian third-party sellers from April 17, as the Iran war drives up oil prices (www.cnbc.com)
23 hours ago Amazon Canada Iran Logistics

The CFTC sues Arizona, Connecticut, and Illinois over their actions against prediction markets, saying it has the “exclusive” authority to regulate such markets (www.cnbc.com)
1 day ago CFTC

Austin-based Saronic, which builds military autonomous ships, raised a $1.75B Series D led by Kleiner Perkins at a $9.25B valuation, up from $4B in Feb. 2025 (www.cnbc.com)
3 days ago

Anthropic confirms it leaked parts of Claude Code's source code, saying the leak was “a release packaging issue caused by human error, not a security breach” (www.cnbc.com)
3 days ago

Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs (www.cnbc.com)
3 days ago

Microsoft stock plunged 23% in Q1, a steeper drop than any of its tech peers or the Nasdaq, and its steepest quarterly drop since the 2008 financial crisis (www.cnbc.com)
3 days ago Microsoft

OpenAI closed a $122B funding round led by SoftBank, a16z, and others at an $852B post-money valuation, after previously announcing the round would total $110B (www.cnbc.com)
3 days ago

Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people (www.cnbc.com)
3 days ago AI Oracle Layoffs

Micron shares closed down 10% on Monday and are now down 30% since Micron's blowout earnings report on March 18; Sandisk fell 7% and Western Digital dropped 9% (www.cnbc.com)
3 days ago Western Digital

Hong Kong-listed AI drug discovery company Insilico Medicine and Eli Lilly sign a drug co-development deal worth up to $2.75B, with $115M in upfront payments (www.cnbc.com)
5 days ago Hong Kong AI

A Jeffrey Epstein victim files a class action against the Trump administration and Google, claiming Google's search and AI Mode published victims' personal info (www.cnbc.com)
6 days ago Trump Google AI

Tech stocks suffer their worst week in almost a year, driven by the Iran war and Meta's legal defeats; Meta fell 11%, Alphabet fell ~9%, and Microsoft fell ~7% (www.cnbc.com)
7 days ago Microsoft Iran Alphabet

China's broadening Manus review raises doubts about the “Singapore-washing” model; sources: Meta moved 100+ Manus employees to Singapore in early March (www.cnbc.com)
7 days ago China Singapore

A US judge grants Anthropic's request for a preliminary injunction in its suit against the Trump administration over the DOD's decision to blacklist the company (www.cnbc.com)
7 days ago Trump

Apple expands its American Manufacturing Program, bringing in Bosch, Cirrus Logic, TDK, and Qnity Electronics to make components in the US for sale worldwide (www.cnbc.com)
8 days ago U.S. Apple Manufacturing

Social media addiction trial: a Los Angeles jury finds Meta and YouTube were negligent and failed to warn users about the dangers of using their platforms (www.cnbc.com)
9 days ago YouTube

Legal AI company Harvey raised $200M led by GIC and Sequoia at an $11B valuation, up from $8B in December 2025, and reports 100K+ users at 1,300+ organizations (www.cnbc.com)
9 days ago AI

OpenAI CFO Sarah Friar says OpenAI is raising an additional $10B from a16z, D.E. Shaw, MGX, TPG, and others, bringing its record fundraise to “north of $120B” (www.cnbc.com)
9 days ago

Databricks launches Lakewatch, a security information and event management service, and announces acquisitions of security startups Antimatter and SiftD (www.cnbc.com)
9 days ago Startup

Arm CEO Rene Haas projects $25B in revenue in 2031, up from $4B in 2025, including $15B from sales of Arm's first in-house chip; ARM jumps 6%+ after hours (www.cnbc.com)
9 days ago

A New Mexico jury finds that Meta violated state laws by failing to safeguard its platforms from child predators and orders it to pay $375M in damages (www.cnbc.com)
10 days ago Mexico

Baltimore becomes the first major US city to sue xAI, accusing it of violating consumer protection laws by marketing Grok as generally safe (www.cnbc.com)
10 days ago

OpenAI revamps ChatGPT's shopping experience by letting users upload images or describe items and include criteria like their budget (www.cnbc.com)
10 days ago Budget

Super Micro says co-founder Yih-Shyan Liaw has resigned from its board after US prosecutors indicted him on allegations of smuggling Nvidia AI chips to China (www.cnbc.com)
14 days ago China AI Nvidia

Jensen Huang proposes a compensation model where engineers receive an AI token budget on top of their base salary, to deploy agents as productivity multipliers (www.cnbc.com)
14 days ago AI Budget

US prosecutors charge three people affiliated with Super Micro, including a co-founder, with smuggling Nvidia chips to China; SMCI drops 9%+ after hours (www.cnbc.com)
14 days ago China Nvidia

Sources: European chip importers are tapping backup stores and paying higher air freight costs as the US-led Iran war disrupts Middle Eastern cargo routes (www.cnbc.com)
15 days ago Europe Iran

Facebook launches Creator Fast Track, offering big Instagram, TikTok and YouTube creators guaranteed monthly pay and boosted reach to post on Facebook (www.cnbc.com)
16 days ago Facebook YouTube Instagram

Memo: Satya Nadella says ex-Snap executive Jacob Andreou will lead Copilot for commercial and consumer clients; Mustafa Suleyman will focus on new AI models (www.cnbc.com)
17 days ago AI

Previous Page Next Page