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Samsung-backed AI chip firm Rebellions raises $400 million ahead of IPO
Rebellions' chips are focused on AI inferencing, putting it in competition with Nvidia as well as other startups from Groq to Cerebras.
Oil's record month, TSA pay, the Pokémon card resale market and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Quantum technology firms race to market as the industry sees ‘inflection point’
Quantum technology firms are braving turbulent markets to publicly list this year, as the nascent industry looks towards commercialization.
Mistral secures $830 million in debt financing to fund AI data center
Mistral is one of the few European startups building foundational AI models.
Eli Lilly reaches $2.75 billion deal with Insilico to bring AI-developed drugs to the global market
U.S. pharmaceutical giant Eli Lilly will give Hong Kong-listed Insilico $115 million upfront to bring some of its AI-discovered drugs to the global market.
Meta's court losses spell potential trouble for AI research, consumer safety
Meta's two courtroom defeats centered on different cases but both involved allegations that the company knew about its products' harms.
The Iran war is defense tech's chance to shine, but few systems and weapons are ready
Palmer Luckey's Anduril, software AI company Palantir and Elon Musk's SpaceX are getting the lion's share of defense tech dollars from the Pentagon.
Tech stocks suffer worst week in nearly a year, driven down by war worries, Meta legal woes
Meta's twin legal defeats this week and a big sell-off in Micron spurred a drop in technology stocks, which were broadly hit by rising oil prices.
White House launches app touting Trump's record, with some key omissions
The app includes a link to report tips to Immigration and Customs Enforcement.
Beijing's surprise intervention on Meta's Manus rattles tech founders, VCs eyeing 'China shedding'
Beijing's review has fueled concerns and confusion among Chinese tech founders and investors that had quietly embraced the so-called "Singapore-washing" model.
Cybersecurity stocks fall on report Anthropic is testing a powerful new model
The cybersecurity sector has slumped this year on fears that new AI will massively disrupt their business models.
Sony hikes PS5 prices by up to $150 citing 'pressures' in global economy
Sony, like other console makers, is contending with surging memory chip prices which have forced the company to raise prices.
Elon Musk’s Grok ordered to stop creating AI nudes by Dutch court as legal pressure mounts
A Dutch court issued a $115,000 penalty for every day xAI fails to remove non-consensual AI-generated nude images created by its chatbot Grok.
Trump's Iran extension, DHS funding deal, Anthropic's injunction and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
The Tech Download: How Russia could profit from Iran war helium supply chain disruption in the chip sector
Helium has emerged as a key focus for the tech sector as industry watchers cast their minds to the implications of a prolonged Iran war.
U.S. ambassador to EU: Stop fining Big Tech
Andrew Puzder sat down for an interview with CNBC's Ian King.
Anthropic wins preliminary injunction in DOD fight as judge cites 'First Amendment retaliation'
A federal judge in San Francisco granted Anthropic's request for a preliminary injunction in its lawsuit against the Trump administration.
OpenAI ads pilot tops $100 million in annualized revenue in under 2 months
OpenAI's nascent ads business has surpassed $100 million in annual recurring revenue less than two months after launching its pilot in the U.S.
Elon Musk's Boring Co. tunnels aren't wanted by most Nashville residents
A new survey by Vanderbilt University found that most Nashville residents don't want Boring Company tunnels in their city.
David Sacks says his time as Trump's crypto and AI czar has ended
The venture capitalist said he will still be a part of the White House's Technology committee and will help push Trump's AI plan forward.
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