Articles from www.cnbc.com

Articles from www.cnbc.com

Circle shares jumped over 20% on Friday as investors cheered the US Senate approval of the GENIUS Act, and have surged ~675% since the company's IPO on June 5 (www.cnbc.com)
1 day ago IPO Senate

Coinbase says it has secured a MiCA license from Luxembourg to offer crypto services across the EU, and will shift its European base from Ireland to Luxembourg (www.cnbc.com)
1 day ago Europe Ireland Coinbase

Sources: Meta tried to buy Safe Superintelligence earlier this year; Zuckerberg moved to recruit SSI CEO Daniel Gross after Ilya Sutskever rebuffed the offer (www.cnbc.com)
2 days ago Zuckerberg

Sources: Google is using its expansive library of YouTube videos to train Gemini and Veo 3; Google says it only uses a subset of videos for the training (www.cnbc.com)
2 days ago Google YouTube

Klarna launches a $40/month unlimited mobile plan in the US via a partnership with telecom services startup Gigs, following similar offerings by Revolut and N26 (www.cnbc.com)
3 days ago Mobile Startup

The DOJ announces the seizure of $225.3M in crypto, the largest-ever US seizure of cryptocurrency linked to confidence schemes known as “pig butchering” (www.cnbc.com)
3 days ago Cryptocurrency

AWS says Anthropic's Claude Opus 4 launched on its Trainium2 GPUs, and Project Rainier, AWS' supercomputer built for Anthropic, uses 500K+ Trainium2 chips (www.cnbc.com)
3 days ago

The US Senate passes the Genius Act, which establishes a regulatory framework for stablecoins; the bill now heads to the House (www.cnbc.com)
4 days ago Senate

Sources: Meta and EssilorLuxottica plan AI-powered smart glasses under Oakley and Prada brands; they will be aimed at athletes, and the Oakleys may cost ~$360 (www.cnbc.com)
4 days ago AI

The US Defense Department awards a one-year $200M contract to OpenAI to develop AI tools for addressing challenges in “warfighting and enterprise domains” (www.cnbc.com)
5 days ago AI

Oracle stock jumped 24% this week, its best performance since 2001, and is up 29% in 2025, vs. Nasdaq's 1%, after the company reported cloud momentum (www.cnbc.com)
8 days ago Oracle

Amazon reorganizes its healthcare business into six “pillars” to simplify its structure, following executive departures and its struggles in the market (www.cnbc.com)
8 days ago Amazon

Coinbase announces its first branded credit card, in partnership with American Express, for Coinbase One US users, and creates a lower-cost Basic subscription (www.cnbc.com)
9 days ago U.S. Credit Card Coinbase

Chime opened at $43 in its Nasdaq debut on Thursday, after selling shares at $27 each in an IPO in which the neobank raised $700M and was valued at $11.6B (www.cnbc.com)
9 days ago IPO

Pittsburgh-based Gecko Robotics, which makes robots to inspect infrastructure, raised a $125M Series D at a $1.25B valuation, up from $633M in December 2023 (www.cnbc.com)
9 days ago Robot

Databricks says it expects to generate $3.7B in annualized revenue by July, up 50% YoY, with nearly 50 of its 15,000+ customers spending over $10M annually (www.cnbc.com)
9 days ago

Chime priced its US IPO at $27 a share, above the expected range, raising ~$700M and another $165M from shares sold by investors, valuing the company at $11.6B (www.cnbc.com)
10 days ago IPO

Oracle Q4: revenue up 11% YoY to $15.9B, vs. $15.59B est., cloud revenue up 27% YoY, signals strong cloud infrastructure revenue growth; ORCL up 6%+ after hours (www.cnbc.com)
10 days ago Oracle 4Q

Meta launches V-JEPA 2, an open-source AI “world model” to understand and predict 3D environments and object movements, to help robotics and self-driving cars (www.cnbc.com)
10 days ago AI Robot Autonomous Car

Elon Musk says Tesla's robotaxi service will “tentatively” begin on June 22 in Austin, with first autonomous deliveries of a car to a customer's home on June 28 (www.cnbc.com)
11 days ago Tesla Elon Musk

Generative AI enterprise search startup Glean raised a $150M Series F led by Wellington, taking its valuation to $7.2B, up from $4.6B in September 2024 (www.cnbc.com)
11 days ago Startup AI

US prosecutors charge Iurii Gugnin, founder of US-based crypto payments service Evita Pay, with laundering $500M+, including to sanctioned Russian entities (www.cnbc.com)
12 days ago Russia

OpenAI says it hit $10B in annual recurring revenue; for all of last year, OpenAI was around $5.5B in ARR (www.cnbc.com)
12 days ago

Virtual chronic care company Omada Health closed up 21% in its Nasdaq debut after raising about $150M in its IPO, valuing the company at just over $1B (www.cnbc.com)
15 days ago IPO

Winklevoss twins' crypto exchange Gemini says it has confidentially filed for an IPO in the US, after SEC dropped its probe and Gemini settled with CFTC for $5M (www.cnbc.com)
15 days ago IPO CFTC

DocuSign reports Q1 revenue up 8% YoY to $764M, subscription revenue up 8% to $746.2M, net income up 113% to $72.1M, and cuts FY 2026 forecast; DOCU falls 18%+ (www.cnbc.com)
15 days ago

Trump says Elon Musk “went CRAZY” and that canceling his government contracts is “the easiest way to save money”, as their One Big Beautiful bill feud escalates (www.cnbc.com)
16 days ago Trump Elon Musk

Shares of Circle jumped 124%, opening at $69.50 on the NYSE, after the stablecoin company raised almost $1.1B in an IPO (www.cnbc.com)
16 days ago IPO

Sensor Tower: Temu's US DAUs fell 52% in May compared to March, while Shein's dropped 25%, amid the US' China tariffs and the closure of “de minimis” loophole (www.cnbc.com)
16 days ago China Sensor

Counterpoint has revised its 2025 global smartphone shipment growth forecast to 1.9% YoY, down from 4.2%, citing “renewed uncertainties surrounding US tariffs” (www.cnbc.com)
16 days ago

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