Nvidia-Groq deal is structured to keep 'fiction of competition alive,' analyst says
Nvidia founder and CEO Jensen Huang looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at...
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Exclusive: Nvidia buying AI chip startup Groq's assets for about $20 billion in largest deal on record
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May...
'Witch hunt': Ex-EU commissioner Breton denounces U.S. visa ban targeting 'censorship'
A former EU commissioner has hit back after receiving a U.S. visa ban for alleged censorship.The Trump administration imposed visa...
ServiceNow's deal blitz gives it an 'AI control tower,' CEO McDermott tells CNBC
ServiceNow will acquire cybersecurity startup Armis in a cash deal valued at $7.75 billion, the company said Tuesday.The enterprise software...
Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected
Alphabet-owned Waymo has suspended its driverless ride-hail service in the San Francisco Bay Area after blackouts plagued the city Saturday...
Italy's Telecom Italia wins $1.2 billion court payout, eyes savings share conversion
Bloomberg | Bloomberg | Getty ImagesTelecom Italia (TIM) said Italy's highest court had ruled in its favour in a long-running...
Musk's $56 billion Tesla pay package must be restored as court rules cancellation was too extreme
Elon Musk's 2018 CEO pay package from Tesla, worth some $56 billion when it vested, must be restored, the Delaware...
Former Trump advisor Dina Powell McCormick leaves Meta board after eight-month stint
Dina Powell McCormick, who was a member of President Donald Trump's first administration, has resigned from Meta's board of directors.Powell...
Oracle stock jumps 5% as cloud provider joins investor group to run TikTok's U.S. business
Oracle's stock jumped about 5% Friday after the cloud provider joined a group of investors slated to lead TikTok's U.S....
Data center deals hit record $61 billion in 2025 amid construction frenzy
Global data centers dealmaking surged to hit another record high this year, driven by a rush to build out the...
U.S. launches review of advanced Nvidia AI chip sales to China: Reuters
Nvidia's H20 chip.Vcg | Visual China Group | Getty ImagesU.S. President Donald Trump's administration has launched a review that could result in...
TikTok signs agreement to create new U.S. joint venture, memo says
Samuel Boivin | Nurphoto | Getty ImagesTikTok's U.S. operations will be housed in a new joint venture, according to a...
Micron stock pops 12% as AI memory demand soars: 'We are more than sold out'
The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty ImagesMicron...
Visa says new AI shopping tool has helped customers with hundreds of transactions
Mustafa Hatipoglu | Anadolu | Getty ImagesVisa said on Thursday that it successfully completed hundreds of AI transactions as part...
Instacart shares drop on report that FTC is probing company over AI pricing tool
Shares of grocery delivery service Instacart dropped about 7% in extended trading on Wednesday, following a report that said the...
OpenAI in talks with Amazon about investment that could exceed $10 billion
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene,...
Databricks raises capital at $134 billion valuation in latest funding round
Databricks CEO, Ali Ghodsi speaks on CNBC's Fast Money on Dec. 17, 2024. CNBCDatabricks said Tuesday that it's raising $4...
Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon
Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a...
AI future: Big Tech faces key House vote on reforming permit process
Big Tech heavy hitters such as OpenAI, Meta, and Microsoft are pushing for Congress to advance legislation to reform the...
U.S. halts UK tech trade deal negotiations, FT reports
The U.S. has halted a technology trade deal with the U.K., after officials in Washington became frustrated with the pace...
