Category: News

Sebastian Siemiatkowski, chief executive officer and co-founder of Klarna Holding AB, center, and Michael Moritz, chairman of Klarna Bank AB, center right, during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 10, 2025. Michael Nagle | Bloomberg | Getty Images Klarna shares popped […]

Oracle co-founder, CTO and Executive Chairman Larry Ellison (C), U.S. President Donald Trump, OpenAI CEO Sam Altman (R), and SoftBank CEO Masayoshi Son (2nd-R), share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in […]

Oracle stock roared 40% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company on track for a historic gain. The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark. Oracle is now at $950 billion. The company said Tuesday […]

Five years after its splashy $1.3 billion acquisition of Zoox, Amazon has officially entered the U.S. robotaxi race, which to date has been dominated by Alphabet’s Waymo. Zoox’s first public launch kicks off Wednesday on the Las Vegas strip. The company is offering free rides from a few select locations, with plans to expand more […]

Jakub Porzycki | Nurphoto | Getty Images Uber is tackling a new form of ride sharing: helicopters. The ride hailing company on Wednesday said it will launch Blade helicopter rides on its app as soon as 2026 through its partnership with Joby Aviation, an electric air taxi maker. The announcement comes after Joby in August […]

A concept car shows off Qualcomm’s auto technology. The car was on display at the Qualcomm booth at the IAA Mobility show in Munich on September 9, 2025. Arjun Kharpal | CNBC Qualcomm’s self-driving technology developed alongside BMW is expected to spark significant interest from other automakers keen to licence the system, the CEO of […]

Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images John DiFucci from Guggenheim Securities said he was “blown away.” TD Cowen’s Derrick Wood called it a “momentous quarter.” And Brad Zelnick of Deutsche Bank […]

Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments. Nikolas Kokovlis | Nurphoto | Getty Images Online lender Klarna priced its IPO at $40 per share on Tuesday, above its expected range, in a deal […]

Oracle CEO Safra Catz, center, speaks during a dinner at the White House in Washington on Sept. 4, 2025. President Donald Trump hosted technology and business leaders for dinner after they joined First Lady Melania Trump’s meeting of the Artificial Intelligence Education Task Force at the White House. Alex Wong | Getty Images Oracle shares […]

Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images Google’s cloud chief Thomas Kurian on Tuesday explained how the tech giant is already monetizing its various artificial intelligence services to generate revenue. “We’ve made billions using AI already,” said […]

A next-generation iPhone 17 is held during an Apple special event at Apple headquarters in Cupertino, California, on Sept. 9, 2025. Justin Sullivan | Getty Images News | Getty Images Apple increased the starting price of one of its iPhone models and replaced another with a pricier device on Tuesday, as analysts and investors widely […]

Tyler Winklevoss, CEO and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, on June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has secured Nasdaq as […]

Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023. Ben Kriemann | Getty Images Microsoft said on Tuesday that employees will be expected to work in an office three days a week starting next year. Employees that work near Microsoft’s headquarters in Redmond, Washington, or the Puget Sound area, […]

Omer Taha Cetin | Anadolu | Getty Images A new challenger in the global artificial intelligence race has entered the ring. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), an AI-focused research university established by the United Arab Emirates, announced on Tuesday the release of a new, low-cost reasoning model to rival OpenAI and […]

Humanoid robot from Unitree Robotics after a boxing match during the World Smart Industry Expo 2025 at Chongqing International Expo Center in Chongqing, China on September 7, 2025. China News Service | China News Service | Getty Images Unitree Robotics, one of China’s hottest technology startups, is planning an initial public offering that could value […]

The Aion V is one of the cars GAC is launching in Europe as it looks to expand its presence in the region. The Aion V is on display at the company’s stand at the IAA Mobility auto show in Munich, Germany on September 9, 2025. Arjun Kharpal | CNBC Guangzhou Automobile Group (GAC) aims […]

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Sopa Images | Lightrocket | Getty Images Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company’s announcement of a multi-billion-dollar deal with Microsoft. Nebius’ stock was up […]

Mistral AI logo is displayed on a mobile phone screen. Anadolu | Getty Images Nvidia-backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker ASML secure a major stake in the French firm. ASML pumped 1.3 billion euros in Mistral AI’s […]

Thomas Fuller | SOPA Images | Lightrocket | Getty Images An ex-Meta employee sued the social media company on Monday over allegations that its WhatsApp messaging service contained “systemic cybersecurity failures” that potentially compromise user privacy. Attaullah Baig, WhatsApp’s former head of security, alleged that Meta retaliated against him after he notified leaders, including CEO […]

NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters Nvidia CEO Jensen Huang will join President Donald Trump next week on a state visit to the U.K., a person familiar with the plans told CNBC’s Kristina […]

The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images StubHub is aiming to raise as much as $851 million in its initial public offering, giving it a valuation of up to $9.2 billion, the company revealed in a new filing on Monday. The ticket reselling […]

Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Xpeng plans to launch its mass-market Mona brand in overseas markets next year in a move that will boost competition with its Chinese rivals and established automakers […]

Daniel Ives, Wedbush Securities Scott Mlyn | CNBC Wedbush Securities’ Dan Ives is joining a new company focused on accumulating Worldcoin (WLD), the native token of the blockchain used in Open AI creator Sam Altman’s biometric identity verification startup, World. Eightco Holdings, a tiny company that currently trades on the Nasdaq under the ticker “OCTO,” […]

Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on Sept. 22, S&P Global announced in a statement. AppLovin will […]

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of Justice earlier this year. In January, the FTC announced that it would refer a non-public complaint regarding allegations that Snap’s My AI chatbot posed potential […]

Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images From the courtroom to the boardroom, it was a big week for tech investors. The resolution of Google’s antitrust case led to sharp rallies […]

Jaque Silva | Nurphoto | Getty Images Anthropic has agreed to pay at least $1.5 billion to settle a class action lawsuit with a group of authors, who claimed the artificial intelligence startup had illegally accessed their books. The company will pay roughly $3,000 per book plus interest, and agreed to destroy the datasets containing […]

US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. Will Oliver | Bloomberg | Getty Images President Donald Trump on Friday threatened to launch a trade investigation to “nullify” what he said were discriminatory fines being […]

Thiago Prudêncio | Sopa Images | Lightrocket | Getty Images Roblox on Friday announced new short-video and AI features that come amid increasing lawmaker scrutiny into how the company protects children on its platform. With Roblox Moments, users 13 and older will be able to create and share video clips of their gameplay with others […]

Cheng Xin | Getty Images Google was on Friday hit with a 2.95-billion-euro ($3.45 billion) antitrust fine from European Union regulators for anti-competitive practices in its lucrative advertising technology business. The European Commission, which is the executive body of the EU, accused Google of distorting competition in the so-called adtech market by unfairly favoring its […]