SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain
The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi...
Breaking News: Technology
Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan,...
The Trump administration wants to allow crypto-backed mortgages. Here's why
It's no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since...
Too early to bet against AI trade, State Street suggests
State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq's worst week since April.Chief Business...
Big Tech's AI spending spree: Smart long-term bet or short-term risk?
In this Club Check-in, CNBC's Paulina Likos and Zev Fima break down big tech's massive artificial intelligence spending spree —...
Family offices make fewer deals but still flock to AI startup mega-rounds
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company's IPO at the Nasdaq MarketSite in New York City, U.S.,...
Lucid misses Wall Street expectations, narrows production guidance
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24,...
Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene,...
AI-washing and the massive layoffs hitting the economy
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for...
Airbnb wants to prevent Halloween parties in the U.S. and Canada
Klaudia Radecka | Nurphoto | Getty ImagesAirbnb wants to block parties this spooky season.The travel and home rental platform said...
Citi backs stablecoin firm BVNK as Wall Street warms to crypto
BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company's San Francisco Office.BVNKCiti has invested...
Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year.This deal aims...
SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company's annual general meeting in Tokyo,...
Dell stock pops as company ups long-term revenue growth expectations
Visitors watch a hologram at the stand of Dell Technologies Inc., at the MWC (Mobile World Congress), the world's biggest...
'Outside of AI, I'm not really excited about anything,' Wells Fargo Chief Equity Strategist Ohsung Kwon says
Wells Fargo Securities' Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. "Outside of AI, I'm not really excited...
Brad Gerstner on OpenAI's dealmaking with AMD, Nvidia: 'The best chips will win'
Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam...
OpenAI DevDay live: Altman's keynote and comments from Jony Ive at the AI startup's flagship event
Line is forming outside the venueOpenAI DevDayAshley Capoot | CNBCIt's a crisp 60 degree morning here in San Francisco, and...
AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker
OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman's company take a 10% stake in...
U.S. tech giants hit pause on India data center deals under weight of trade uncertainty
Key PointsU.S. technology companies are delaying their decisions to lease large data centers in India.New deals for data centers have been on hold for...
This Meta alum has spent 10 months leading OpenAI's nationwide hunt for its Stargate data centers
Keith Heyde stands on site in Abilene, Texas, where OpenAI's Stargate infrastructure buildout is underway. Heyde, a former head of...
