Articles from www.cnbc.com

Articles from www.cnbc.com

A look at Isomorphic Labs, a life sciences startup spun out of Google DeepMind aiming to “solve all disease” through AI-powered drug discovery (www.cnbc.com)
2025-4-10 Google Startup AI

BTC jumped 7%+ to ~$83K, while ETH, DOGE, XRP, and SOL gained over 12% as Trump paused some tariffs; Strategy closed up 25%, Robinhood up 24%, Coinbase up 17% (www.cnbc.com)
2025-4-10 Trump XRP Coinbase ETH

Nasdaq jumps 12% after Trump announced a 90-day tariff pause, with Nvidia up 19%, Apple up 15%, Meta up 15%, Amazon up 12%, Microsoft up 10%, Alphabet up 10% (www.cnbc.com)
2025-4-10 Trump Amazon Microsoft Apple Nvidia Alphabet

Trump announces a 90-day tariff pause for some countries and a “lowered Reciprocal Tariff during this period, of 10%”, but raises tariffs on China to 125% (www.cnbc.com)
2025-4-10 Trump China

Anthropic debuts Claude's Max plan, with 5x the usage limits of Pro for $100/month or 20x the usage for $200/month, plus early access to new models and features (www.cnbc.com)
2025-4-10

Transcarent, an app-based medical concierge service for businesses, completes its $621M acquisition of digital health company Accolade, taking it private (www.cnbc.com)
2025-4-9

In a memo to staff Shopify's CEO says using AI is now a baseline expectation and that teams asking for more resources must first show why AI can't do the job (www.cnbc.com)
2025-4-8 AI Shopify

US tech stocks fall for a third session as markets open: Apple, Nvidia, and Tesla drop 6%+ each, Meta and Amazon fall 3%+, and Microsoft and Alphabet fall 1%+ (www.cnbc.com)
2025-4-7 Amazon Microsoft Apple Tesla Nvidia Alphabet

Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases (www.cnbc.com)
2025-4-7 Microsoft AI

Paris-based Pennylane, which makes cloud-based accounting software, raised €75M, doubling its valuation to €2B, led by Sequoia and with Alphabet among investors (www.cnbc.com)
2025-4-7 Alphabet Paris

Trump says he will sign an EO to keep TikTok running for an additional 75 days, as a deal “requires more work to ensure all necessary approvals are signed” (www.cnbc.com)
2025-4-5 Trump

Bitcoin falls ~5% to ~$81K, ether drops 7%, and Solana falls 13% after President Trump unveiled tariffs; Coinbase's and MicroStrategy's shares fall by 7%+ (www.cnbc.com)
2025-4-4 Trump Bitcoin Coinbase

Tech stocks fall after President Trump announced new global tariffs: Amazon drops as much as ~6%, Meta drops ~5%, Nvidia ~6%, Alphabet ~3%, and Microsoft ~3% (www.cnbc.com)
2025-4-4 Trump Amazon Microsoft Nvidia Alphabet

Adaptive Security, which uses AI for simulating cyberthreats, raised $43M co-led by OpenAI and a16z, marking OpenAI's first investment in a cybersecurity firm (www.cnbc.com)
2025-4-3 AI

Tech stocks fall in late trading after Trump announced new tariffs: Amazon drops as much as ~6%, Meta ~5%, Nvidia ~5%, Alphabet ~3%, and Microsoft ~3% (www.cnbc.com)
2025-4-3 Trump Amazon Microsoft Nvidia Alphabet

UFC signs a wide-ranging, multimillion-dollar, multiple-year sponsorship deal with Meta, which will be its “official fan technology partner” (www.cnbc.com)
2025-4-2

Chef Robotics, which develops AI-powered robotic meal assembly systems, raised a $20.6M Series A led by Avataar Ventures, and an additional $22.5M in debt (www.cnbc.com)
2025-4-2 AI Robot

Circle files for an IPO, with plans to list on the NYSE; Circle is reportedly seeking a valuation between $4B and $5B (www.cnbc.com)
2025-4-2 IPO

CoreWeave shares close up 41.8% at $52.57 in their third trading day, bouncing back above the $40 IPO price and bringing the company's market cap to ~$24.9B (www.cnbc.com)
2025-4-2 IPO

LightSource, whose software helps companies manage their procurement process, costs, and vendor relationships, raised $33M led by Bain Capital and Lightspeed (www.cnbc.com)
2025-4-1

Amazon resumes drone deliveries in Texas and Arizona, after halting them in January to roll out a software update to fix issues with the drone's altitude sensor (www.cnbc.com)
2025-4-1 Amazon Drone Sensor Texas

OpenAI closes a $40B funding round, the most ever raised by a private tech company, at a $300B post-money valuation; SoftBank led the round with $30B (www.cnbc.com)
2025-4-1

Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B (www.cnbc.com)
2025-3-31

After Trump signed an EO to end the government's DEI programs, tech firms like Google are rebranding DEI efforts, using terms like “learning” or “hiring” (www.cnbc.com)
2025-3-31 Trump Google

Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation (www.cnbc.com)
2025-3-29 Elon Musk

Trump pardons BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who previously pled guilty to federal criminal charges related to money laundering (www.cnbc.com)
2025-3-29 Trump

CoreWeave opens down 2.5% at $39 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021 (www.cnbc.com)
2025-3-29 IPO

CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order (www.cnbc.com)
2025-3-28 IPO Nvidia

Alibaba releases open-source multimodal AI model Qwen2.5-Omni-7B on Hugging Face and GitHub, saying the model can be deployed on edge devices like smartphones (www.cnbc.com)
2025-3-27 Alibaba AI GitHub

Former Intel CEO Pat Gelsinger joins VC firm Playground Global as a GP and the board of portfolio company xLight, which develops lasers for chip manufacturing (www.cnbc.com)
2025-3-27 Intel Manufacturing

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