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Nvidia backing $105 billion in financing for OpenAI data center in Ohio
Technology giants are shelling out billions to scale capacity to meet massive data center demand.
Berkshire's Alphabet stake, Meta goes back to court, Europe's champagne problems and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Alibaba answers Meta’s AI challenge with new laptop-ready model
Alibaba launched a laptop-ready AI model and released the weights of its most powerful Qwen model, escalating its rivalry with Meta in open-weight AI.
Anthropic revenue reportedly jumps to more than $11.5 billion in second quarter
The jump in revenue underscores the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering.
Inflation moderated as Intel and Nvidia fueled the AI trade in last week's market
No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on Wall Street last week.
OpenAI CFO Friar tells investors that enterprise business now bigger than consumer by revenue
OpenAI CFO Sarah Friar met with investors following a week of turmoil in the C-suite that included the sudden departure of revenue chief Denise Dresser.
Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Nvidia's stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter.
OpenAI talent exodus raises 'huge red flag' ahead of IPO
OpenAI's C-suite turnover gives investors another reason for concern as the company pushes toward a mammoth IPO.
Anthropic's investor talks, Workday's stock surge, Apple's new facility and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Data centers in space could be a new frontier for insurers — if they can price the risk
The push to build data centers has moved to lower Earth orbit, and insurers could be facing a new market with plenty of complexity.
Arm co-founder Hermann Hauser’s AI warning: The revolution is real, but so is the bubble risk
An investor who's witnessed every major technology for the last four decades joins CNBC's The Tech Download podcast.
Nintendo shares pop 7% after 'Pokémon Pokopia' sales top 5 million
Nintendo has been grappling with rising memory prices which forced the company to raise prices of its Switch 2 console which went on sale just over a year ago.
China built robots that can do backflips – but can they make money?
Unitree’s IPO will gauge investors’ appetite for a technology that has yet to prove its commercial viability amid intensifying geopolitical tensions.
Uber partners with China's Pony.ai for 2,000 robotaxis in Europe
The rollout comes as robotaxi fleet sizes become increasingly critical for commercialization.
From Apple to Ford: How Chinese tech is becoming harder for global companies to ignore
Global companies are increasingly tapping Chinese technology for its growing capabilities and scale, even as geopolitical risks remain.
Reddit stock jumps on inclusion in S&P 500
Reddit shares jumped on the company's inclusion in the S&P 500.
Jim Cramer says Cisco’s post-earnings plunge is a buying opportunity. Here’s why
CNBC’s Jim Cramer said investors shouldn’t automatically sell a stock that falls on weak earnings guidance.
Cramer says investors shouldn't let past market crashes scare them out of today’s winners
CNBC's Jim Cramer warned investors against relying too heavily on historical comparisons, arguing that doing so can cause them to miss what has fundamentally changed.
Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
As Tim Cook gets set to step down as Apple CEO, he's offering a glimpse into what he may be doing as chairman.
Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance
Cisco is showing booming demand for AI infrastructure, but its results weren't good enough to satisfy investors.
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