Category: News

The Chinese electric car manufacturer BYD presents its models at the Open Space Area during the IAA Mobility in Munich, Bavaria, Germany, on September 12, 2025. Eyeswideopen | Getty Images News | Getty Images BYD has a backup plan if it gets cut off from the Nvidia chips it currently uses in its cars, a […]

Bloomberg | Bloomberg | Getty Images Amazon and the Federal Trade Commission are squaring off in a long-awaited trial over whether the company duped users into paying for Prime memberships. The lawsuit, filed by the FTC in June 2023 under the Biden administration, alleges that Amazon deceived tens of millions of customers into signing up […]

Dado Ruvic | Reuters U.S. President Donald Trump’s plans to place $100,000 fees on H-1B visa applications will disproportionately harm America’s startup space, founders and venture capitalists told CNBC this week. H-1B visas — which allow companies to temporarily hire foreign workers in skilled occupations such as IT, healthcare and engineering — were already difficult to […]

Nurphoto | Nurphoto | Getty Images Major global semiconductor stocks rose on Tuesday after Nvidia announced plans to invest $100 billion in OpenAI. The deal between Nvidia and OpenAI is on a large scale. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5 […]

A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025. Nurphoto | Nurphoto | Getty Images India wants to become a global chip major, but the odds are steep: competition is fierce, and India is a late entrant […]

Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman on Monday commented on President Donald Trump’s decision to increase the cost of hiring overseas workers on visas. Trump on Friday announced that he […]

President Donald Trump speaks before signing executive orders in the Oval Office at the White House on September 19, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump raised the fee for an H-1B visa to $100,000 on Friday, leaving companies scrambling to respond. With many left wondering whether their careers will […]

Nvidia will invest $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around the chipmaker’s AI processors, the companies said on Monday. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, the companies said on Monday. A […]

Apple CEO Tim Cook joins Apple employees at the Apple store as customers line up for the release of Apple new iPhone 17 models in New York on Sept. 19, 2025. Angela Weiss | AFP | Getty Images Apple shares have rallied in the two days since the company released new iPhones, and the stock […]

In this photo illustration, the Luxshare Precision company logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Shenzhen-listed Luxshare saw its shares jump about 10% on Monday, following a report that the Chinese device assembler had signed a deal with OpenAI to produce a consumer AI device.  The company, […]

iPhone Air is the big newcomer among Apple‘s latest lineup that went on sale Friday, but inside the slim phone’s raised plateau is another new piece of hardware that signals a renewed focus on artificial intelligence.  Apple’s custom A19 Pro chip introduces a major architecture change, with neural accelerators added to each GPU core to […]

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images When it comes to the new $799 Meta Ray-Ban Display glasses, it’s the device’s […]

Navan, the business travel, payments, and expense management startup, filed on Friday afternoon to go public. Its S-1 filing with the Securities and Exchange Commission indicates that the company plans to list on the Nasdaq Global Select Market under the symbol “NAVN.” Navan reported trailing 12-month revenue of $613 million (up 32%) across over 10,000 […]

A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console. Sezgin Pancar | Anadolu Agency via Getty Images Microsoft said on Friday that it will increase the recommended retail price of several Xbox consoles in the U.S. starting in October because of “changes in the macroeconomic environment.” The company said it would […]

Ticket reseller StubHub signage on display at the New York Stock Exchange for the company’s IPO on Sept. 17, 2025. NYSE After a long wait to get public, StubHub has had a rough start to life on the New York Stock Exchange. Shares of the online ticket vendor dropped 10% on Friday, falling for a […]

Elon Musk’s xAI is raising $10 billion from investors in a round that values the artificial intelligence startup at $200 billion, sources told CNBC’s David Faber. It’s the latest example of skyrocketing valuations for companies developing foundational AI models. Earlier this month, Anthropic raised $13 billion at a $183 billion valuation. OpenAI, the largest company […]

Pattern Group, one of the leading resellers on Amazon, took the plunge into the public markets on Friday, and saw its stock rise slightly in its Nasdaq debut. Trading under the ticker “PTRN,” the stock opened at $13.50 after the company sold shares at $14 in its IPO, the middle of the expected range. The […]

Apple CEO Tim Cook said price hikes on the newest iPhone models aren’t tied to President Donald Trump’s sweeping tariff plans. “There’s no increase for tariffs in the prices to be totally clear,” Cook told CNBC’s Jim Cramer from Apple’s Fifth Avenue store location in New York City, as the latest iPhone model launched in […]

A customer holds up the new orange-colored iPhone 17 Pro Max smartphone inside an Apple retail store in Chongqing, China, on September 19, 2025. Cheng Xin | Getty Images News | Getty Images The iPhone 17 hit store shelves worldwide on Friday, drawing lines from Beijing to London. But beyond the launch buzz, Apple is […]

Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Chesnot | Getty Images Entertainment | Getty Images Nvidia has just shelled out over $900 million to hire Enfabrica CEO Rochan Sankar and other employees at the artificial intelligence hardware […]

CrowdStrike logo is seen in this illustration taken July 29, 2024. Dado Ruvic | Reuters CrowdStrike shares popped about 13%, a day after the cybersecurity firm issued better-than-expected long-term guidance at its investor day. The company on Wednesday said it expects net new annual recurring revenues to grow at least 20% in 2027, ahead of […]

Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia CEO Jensen Huang said that the company’s $5 billion investment and technology collaboration with Intel comes after the two companies held discussions for nearly a year. Huang said that he communicated personally […]

Bees are critical for ensuring an abundant food supply year-round, but the bee population is in big trouble. More than one-third of the crops we eat are pollinated by bees, but 40% of bee colonies are collapsing each year, California-based Beewise said. One reason is climate change – specifically, stronger hurricanes, more frequent fires and the use of […]

From left, Notion founders Akshay Kothari, Ivan Zhao and Simon Last. Notion OpenAI’s public launch of ChatGPT in November 2022 is widely viewed as the event that kicked off the generative AI boom, which remains the dominant theme in the tech industry almost three years later. Notion jumped on the bandwagon early. Two weeks before […]

Jaque Silva | Nurphoto | Getty Images Google is adding more artificial intelligence into its Chrome browser as the search giant tries to fend off burgeoning competition from AI startups OpenAI and Perplexity. In a blog post Thursday, Google said it’s rolling out Gemini in Chrome to users of Mac and Windows computers in the […]

Meta Chief Product Officer Chris Cox said on Thursday that smart glasses are the future of computing devices. “We talk to them, we will see with them, we will use gestures the same way we interact with each other to interact with our computers,” Cox told CNBC’s Julia Boorstin. “The interfaces will get more natural, and so […]

Coinbase CEO Brian Armstrong and other crypto executives took to Capitol Hill this week as part of a regulatory showdown between the industry and banks with potentially trillions at stake. Banking advocacy groups are urging lawmakers to prohibit crypto exchanges like Coinbase from offering customers rewards that are structured like interest payments banks offer. “I’m […]

Microsoft’s first data center in Mount Pleasant, Wisconsin. Microsoft RACINE, Wis. — Microsoft said Thursday that it will allocate $4 billion to build a second data center in Wisconsin. The first one will come online in early 2026, with the software company spending $3.3 billion on it. The first Wisconsin data center, in nearby Mount […]

Kevin Durant #35 of the Phoenix Suns looks on during the second half against the Houston Rockets at PHX Arena on March 30, 2025 in Phoenix, Arizona. Chris Coduto | Getty Images NBA superstar Kevin Durant can’t find the password to his Coinbase account, which holds bitcoin that he began buying in earnest when he […]