Articles from www.cnbc.com

Articles from www.cnbc.com

Sources: Microsoft considered buying Cursor in recent weeks but didn't make an offer; Microsoft has been working to boost GitHub Copilot's popularity (www.cnbc.com)
6 hours ago Microsoft GitHub

SK Hynix reports Q1 revenue up 198% YoY to ~$35.55B, vs. ~$36.2B est., and operating profit up 405% YoY to ~$25.4B, vs. ~$25.6B est., as memory prices rise (www.cnbc.com)
8 hours ago

Kalshi suspends and fines congressional candidates Mark Moran of Virginia, Matt Klein of Minnesota, and Ezekiel Enriquez of Texas for political insider trading (www.cnbc.com)
10 hours ago Virginia Texas

ServiceNow reports Q1 subscription revenue up 22% YoY to $3.67B, vs. $3.65B est., says conflict in the Middle East weighed on growth; NOW drops 12%+ after hours (www.cnbc.com)
11 hours ago

IBM reports Q1 revenue up 9% YoY to $15.92B, vs. $15.62B est., software revenue up 11% to $7.05B, and maintains FY 2026 guidance; IBM drops ~6% after hours (www.cnbc.com)
11 hours ago IBM

LinkedIn names COO Daniel Shapero as its new CEO, succeeding Ryan Roslansky, who will retain his position as EVP at Microsoft (www.cnbc.com)
16 hours ago Microsoft LinkedIn

Vast Data, which makes software infrastructure for managing large amounts of data with a focus on AI applications, raised a $1B Series F at a $30B valuation (www.cnbc.com)
17 hours ago AI

Polymarket says perpetuals are coming to the platform and lets users sign for early access; it has not specified whether crypto perpetual futures are included (www.cnbc.com)
1 day ago

Trump says his administration had “some very good talks” with Anthropic during a WH meeting last week and “it's possible” there will be a deal with DOD (www.cnbc.com)
1 day ago Trump

Amazon agrees to invest up to $25B in Anthropic, on top of the $8B that it has already invested; Anthropic commits to spend $100B+ on AWS over the next 10 years (www.cnbc.com)
2 days ago Amazon

Cerebras files to go public on Nasdaq and reports $510M in 2025 revenue, up 76% YoY, with a net income of $87.9M, up from a $485M net loss in 2024 (www.cnbc.com)
5 days ago

Charles Schwab unveils its long-awaited crypto investing product, Schwab Crypto, with a 0.75% fee on trades and plans to launch in the coming weeks (www.cnbc.com)
5 days ago

Anthropic says Opus 4.7 is “less broadly capable” than Claude Mythos Preview and that its “cyber capabilities are not as advanced” as those of Mythos Preview (www.cnbc.com)
6 days ago

Anthropic secures new London office space for 800 people, days after OpenAI unveiled its first London office; Anthropic currently has 200+ London staff (www.cnbc.com)
6 days ago London

TSMC reports Q1 revenue up 35.1% YoY to ~$35B, net income up 58.3% YoY to ~$18B, both above est., and says 7nm or smaller chips were ~74% of its wafer revenue (www.cnbc.com)
6 days ago

ASML reports Q1 net sales of €8.8B, vs. €8.5B est., and €2.8B net profit, vs. €2.5B est., and raises 2026 net sales forecast to €36B-€40B from €34B-€39B (www.cnbc.com)
8 days ago

Meta and Broadcom announce an expanded partnership to co-develop multiple generations of Meta's MTIA chips; Broadcom CEO Hock Tan plans to leave Meta's board (www.cnbc.com)
8 days ago

Nvidia stock rose 18%+ over the past ten days, its longest winning streak since 2023; Jensen Huang said in March that Nvidia has $1T of GPU orders through 2027 (www.cnbc.com)
8 days ago Nvidia

Oracle expands its partnership with fuel cell maker Bloom to procure up to 2.8 GW of capacity, after receiving a warrant to purchase $400M of Bloom stock (www.cnbc.com)
9 days ago Oracle

Internal memo: OpenAI Chief Revenue Officer Denise Dresser says the Microsoft deal “limited our ability” to reach clients on Bedrock and touts its Amazon deal (www.cnbc.com)
9 days ago Amazon Microsoft

OpenAI plans to open its first permanent London office with a 500+ staff capacity; in February, OpenAI said it would make London its largest non-US research hub (www.cnbc.com)
9 days ago London

Takeaways from HumanX, one of the AI industry's main events: Claude Code dominated the conversation, while some execs noted China's lead in open-weight models (www.cnbc.com)
11 days ago China AI

Sources: a week before Mythos release, JD Vance and Scott Bessent questioned Amodei, Altman, and others about AI model security and responding to cyber attacks (www.cnbc.com)
12 days ago AI

Meta commits to spending additional $21B on AI cloud infrastructure from CoreWeave, running from 2027 to 2032, on top of its prior $14.2B deal that ends in 2031 (www.cnbc.com)
13 days ago AI

TSMC says its most advanced chip packaging tech, CoWoS, is growing at an 80% CAGR as it ramps up capacity; Nvidia has reportedly reserved most of the capacity (www.cnbc.com)
14 days ago Nvidia

CFO Sarah Friar says OpenAI will “for sure” reserve shares for retail investors in its IPO, after “strong demand” from individuals in its latest funding round (www.cnbc.com)
14 days ago IPO Retail

Meta will offer Muse Spark in private preview via API to select partners, and plans to offer paid API access to a wider audience at a later date; META jumps 8%+ (www.cnbc.com)
14 days ago

Alibaba and China Telecom launch a data center in southern China that is powered by 10,000 of Alibaba's Zhenwu chips designed for AI training and inferencing (www.cnbc.com)
14 days ago China Alibaba AI

A look at Catches and other startups that are offering AI tools to let shoppers visualize fit and style before buying clothes, aiming to curb online returns (www.cnbc.com)
16 days ago Startup AI

OpenAI sends a letter to the California and Delaware AGs, urging them to investigate “anti-competitive behavior” by Elon Musk, ahead of a trial in April (www.cnbc.com)
16 days ago Elon Musk California

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