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Google’s new AI boss inherits a race to catch OpenAI and Anthropic
Koray Kavukcuoglu is taking charge of Google DeepMind as it tries to keep Gemini competitive with OpenAI and Anthropic.
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.
Cramer says ask yourself these 3 questions to figure out what's really happening in the market
CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure
Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic
Manus to return as independent company after China forced Meta to unwind $2 billion deal
Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.
Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
The first three-plus years of the AI build-out have been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.
Nvidia's 'investible asset,' U.S. oil reserve shrinks, Trump's vaccine order and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Nvidia unveils first open-source AI model since CEO Jensen Huang entered the chat
Nemotron 3.5 Lightning is free for companies to download, use and modify without getting permission or paying Nvidia.
OpenAI wraps $7 billion share sale ahead of potential IPO
OpenAI's tender offer has been in the works since the company closed its record-breaking $122 billion funding round in March.
Nvidia taps Wall Street for $500 billion financing. CEO Jensen Huang tells CNBC AI chips now 'investable asset'
The capital package highlights the growing role of private capital in financing the costs of the artificial intelligence boom.
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.
SpaceX stock rebounds, closing above $135 IPO price for first time in weeks
SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.
CrowdStrike, Palo Alto hit records after Black Hat cyber conference illuminates rising AI threat
The industry's annual Black Hat conference renewed demand for AI-powered cybersecurity tools
Intel plans $15 billion stock offering as AI demand accelerates
Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.
OpenAI expands Daybreak cybersecurity initiative as AI agent threats evolve
The company introduced Daybreak in May as a way for its ecosystem partners to use its most advanced AI models to adapt to a rapidly changing threat landscape.
Don't let a Wall Street analyst's downgrade of Apple scare you out of the stock
Jefferies analyst Edison Lee cited supply chain checks.
House Dems call for AI companies to testify on recent hacks: ‘Clear risk to safety’
A group of House Democrats is calling on leaders of Anthropic, OpenAI and other AI companies to testify in Congress about recent hacking incidents.
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