Articles from www.cnbc.com

Articles from www.cnbc.com

Nvidia becomes a leading global strategic tech backer, with the value of its equity investments up 10x in the past year to $99B, as it bolsters the AI sector (www.cnbc.com)
1 day ago AI Nvidia Equity

Q&A with Jensen Huang and Clément Delangue on the Nvidia-Hugging Face deal, scaling open-source models, the rumored $1B talent retention plan, and more (www.cnbc.com)
1 day ago Nvidia

Adobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective December 1, replacing Shantanu Narayen, who becomes executive chair (www.cnbc.com)
1 day ago Adobe

Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest purchase after it paid $20B for Groq assets at the end of last year (www.cnbc.com)
2 days ago Nvidia Asset

Equinix, whose stock is up 33% YTD, pushing its market cap to $100B, inks a deal with Nvidia to let customers run their AI models on the Together AI platform (www.cnbc.com)
2 days ago AI Nvidia

South Korean semiconductor exports surged 209% YoY to a record $46.65B in August, accounting for 47.5% of the country's goods exports, according to officials (www.cnbc.com)
2 days ago Korea

Microsoft will start disclosing Azure quarterly revenue as part of a shift in its reporting structure, under which Azure revenue grew 42% YoY to $29.42B in Q4 (www.cnbc.com)
2 days ago Microsoft 4Q

Broadcom reports Q3 revenue up 86% YoY to $29.59B, vs. $29.36B est., AI semiconductor revenue up 221% to $16.7B, and forecasts Q4 revenue below estimates (www.cnbc.com)
2 days ago AI 4Q

Thyme Care, which focuses on filling gaps in cancer treatment through a virtual navigation platform, raised a $125M Series E at a $2B+ valuation (www.cnbc.com)
2 days ago

Palo Alto Networks reports Q4 revenue up 34% YoY to $3.41B, vs. $3.35B est., and acquires Console, which provides AI-powered IT service management (www.cnbc.com)
3 days ago AI 4Q

Dell reports Q2 revenue up 58% YoY to $46.97B, vs. $44.92B est., and forecasts $192B in FY 2027 revenue, vs. $172.67B est.; DELL jumps 9%+ after hours (www.cnbc.com)
3 days ago

Anthropic launches Enterprise Frontier Safeguards to let businesses control how their data is reviewed, stored, and managed, after pushback from customers (www.cnbc.com)
3 days ago

LLM Token Expenditure Index: average cost per million tokens has fallen to 97 cents, part of a sharp months-long decline since hitting a high of $2.07 on May 28 (www.cnbc.com)
3 days ago

AI power infrastructure company SB Energy, which is backed by SoftBank, OpenAI, and Nvidia, files for an IPO, and says it is “substantially dependent” on OpenAI (www.cnbc.com)
3 days ago IPO Energy AI Nvidia

Waymo starts offering driverless rides to customers in San Diego, Tampa, Florida, and Denver; Amazon's Zoox plans to start testing in Houston and San Diego (www.cnbc.com)
4 days ago Amazon

The FTC and 22 state AGs sue Amazon, alleging it “secretly and systematically overcharged” advertisers more than $20B since 2019 by using “hidden surcharges” (www.cnbc.com)
4 days ago Amazon

Sources: South Korea's dismissal of a US congressional report saying it discriminated against US-based Coupang is causing strains between the two countries (www.cnbc.com)
5 days ago Korea

OpenAI says its advertising business has hit $1B in annualized revenue run rate, touting its “diversified business model” ahead of an expected IPO (www.cnbc.com)
5 days ago IPO

BitGo agrees to buy NYDIG's institutional trading business and related assets, expanding BitGo's derivatives offerings; ~30 NYDIG employees are joining BitGo (www.cnbc.com)
8 days ago Asset

Nvidia stock closed up 8.74% on Thursday, adding ~$440B to Nvidia's market cap, after its revenue guidance reassured investors that AI demand remains strong (www.cnbc.com)
8 days ago AI Nvidia

Salesforce stock closed up 22.6% on Thursday, its second-best day ever, after the company reported a beat on Q2 earnings and expanded its Anthropic partnership (www.cnbc.com)
8 days ago Salesforce

Cybersecurity stocks surge, with Okta up 20%+ and CrowdStrike up 15%+, after earnings showed that AI adoption is driving attacks and spending on security tools (www.cnbc.com)
9 days ago AI

Indian IT giant TCS agrees to acquire Porsche's IT consulting business, MHP, for €320M as part of a five-year, €1.25B contract to provide AI services to Porsche (www.cnbc.com)
9 days ago India AI

Okta reports Q2 revenue up 11% YoY to $805M, vs. $795M est., net income up 73% YoY to $116M, and raises its full-year guidance; OKTA surges 20% after hours (www.cnbc.com)
9 days ago

Salesforce reports Q2 revenue up 11% YoY to $11.35B, vs. $11.32B est., net income up 87% to $3.5B, forecasts Q3 revenue above est.; CRM jumps 13%+ after hours (www.cnbc.com)
9 days ago Salesforce CRM

HP signs a multi-year global agreement with Huawei to license certain standard essential Wi-Fi patents, a sign of adoption of Huawei's technology outside China (www.cnbc.com)
10 days ago China

AWS says it plans to shut down Mechanical Turk on September 30, 2026, following an assessment; the service, launched in 2005, outsourced tasks to humans (www.cnbc.com)
10 days ago

OpenAI bans a cluster of Russian ChatGPT accounts that used VPNs to evade restrictions and run an influence operation, including creating social media comments (www.cnbc.com)
11 days ago Russia

Bitcoin rises above $80K after jumping 20%+ last week, its biggest three-day gain since 2023; US spot bitcoin ETFs had $1.92B in net inflows last week (www.cnbc.com)
11 days ago Bitcoin ETF

A profile of Judge Yvonne Gonzalez Rogers, who is presiding over US state AGs' social media addiction lawsuit against Meta and oversaw the Musk v. Altman trial (www.cnbc.com)
13 days ago

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