Ray Dalio, JPMorgan back billion-dollar berry startup Fruitist in new $150 million funding round

Fruitist, the healthy snacking company known for its jumbo blueberries, has raised $150 million in an equity funding round led by new investor J.P. Morgan Asset Management, with billionaire Ray Dalio‘s family office doubling down on its existing investment in the farming startup. The company, valued at over $1 billion, is growing distribution rapidly in […]

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CNBC Daily Open: It’s a boom, it’s a bubble, it’s still not enough for investors: It’s AI

OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high […]

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Wikipedia founder Jimmy Wales isn’t worried about Elon Musk’s Grokipedia: ‘Not optimistic he will create anything very useful right now’

Elon Musk‘s Wikipedia rival Grokipedia got off to a “rocky start” in its public debut, but Wikipedia founder Jimmy Wales didn’t even have to take a look at the AI’s output to know what he expected. “I’m not optimistic he will create anything very useful right now,” Wales said at the CNBC Technology Executive Council […]

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Why bitcoin miner CleanSpark beat Microsoft for Wyoming AI data center deal, and what it means for crypto mining’s future

CleanSpark, a Las Vegas based bitcoin miner, is moving into artificial intelligence, beginning to develop AI data centers alongside its crypto-mining business. The company’s CEO laid out details of the recently announced strategy on CNBC’s “Crypto World” this week, and why it’s likely to become core to the business models of more crypto mining companies. […]

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GitHub unites OpenAI, Google and Anthropic AI agents in one place to bring ‘order to the chaos’

Signage at the Microsoft campus in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images Microsoft’s GitHub unit on Tuesday announced Agent HQ, a new “mission control” interface that will allow software developers to manage coding agents from multiple vendors on a single platform.  An artificial intelligence agent […]

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Ark Invest CEO Cathie Wood flags AI market correction risk: ‘We think there will be a reality check’

Cathie Wood, chief executive officer of Ark Investment Management LLC, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schartz | Bloomberg | Getty Images ARK Invest CEO Cathie Wood on Tuesday pushed back on fears of an artificial intelligence bubble, while flagging the possibility of a […]

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