Articles from www.cnbc.com

Articles from www.cnbc.com

Meta commits to spending additional $21B on AI cloud infrastructure from CoreWeave, running from 2027 to 2032, on top of its prior $14.2B deal that ends in 2031 (www.cnbc.com)
2026-4-9 AI

TSMC says its most advanced chip packaging tech, CoWoS, is growing at an 80% CAGR as it ramps up capacity; Nvidia has reportedly reserved most of the capacity (www.cnbc.com)
2026-4-9 Nvidia

CFO Sarah Friar says OpenAI will “for sure” reserve shares for retail investors in its IPO, after “strong demand” from individuals in its latest funding round (www.cnbc.com)
2026-4-9 IPO Retail

Meta will offer Muse Spark in private preview via API to select partners, and plans to offer paid API access to a wider audience at a later date; META jumps 8%+ (www.cnbc.com)
2026-4-9

Alibaba and China Telecom launch a data center in southern China that is powered by 10,000 of Alibaba's Zhenwu chips designed for AI training and inferencing (www.cnbc.com)
2026-4-9 China Alibaba AI

A look at Catches and other startups that are offering AI tools to let shoppers visualize fit and style before buying clothes, aiming to curb online returns (www.cnbc.com)
2026-4-7 Startup AI

OpenAI sends a letter to the California and Delaware AGs, urging them to investigate “anti-competitive behavior” by Elon Musk, ahead of a trial in April (www.cnbc.com)
2026-4-7 Elon Musk California

Filing: Broadcom agrees to produce future versions of Google's TPUs and expands its Anthropic deal to give the startup access to ~3.5 GW of computing capacity (www.cnbc.com)
2026-4-7 Google Startup

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)
2026-4-4 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)
2026-4-3 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)
2026-4-3 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)
2026-4-1

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)
2026-4-1

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)
2026-4-1

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)
2026-4-1 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)
2026-4-1

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)
2026-4-1 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)
2026-3-31 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)
2026-3-30 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)
2026-3-28 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)
2026-3-28 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)
2026-3-28 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)
2026-3-27 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)
2026-3-27 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)
2026-3-26 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)
2026-3-26 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)
2026-3-25

Databricks launches Lakewatch, a security information and event management service, and announces acquisitions of security startups Antimatter and SiftD (www.cnbc.com)
2026-3-25 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)
2026-3-25

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)
2026-3-25 Mexico

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