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...
Technology
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...
Crypto exchange Kraken plans to offer prediction markets in 2026: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today's episode of CNBC Crypto World, Kraken's...
'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...
Here's how AI could influence the Fed's economic outlook
Members of the Federal Reserve rate-setting committee say they are factoring increased labor productivity into their economic forecasts as artificial...
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...
Why Warner Bros. Discovery shareholders might opt for Paramount's offer — and why they might not
Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery.Mario Anzuoni | Mike Blake | ReutersHours...
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...
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...
What's ahead for media in 2026? Anonymous executives make bold predictions
CEO and President of Warner Bros. Discovery David Zaslav and CEO of Paramount Skydance, David Ellison.Mike Blake | Brendan McDermid...
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...
