Articles from www.cnbc.com

Articles from www.cnbc.com

Amazon unveils Interests, an AI search tool for finding products by passion or hobby, rolling out to all US users, and is testing a chatbot called Health AI (www.cnbc.com)
2025-3-26 Amazon AI chatbot

GameStop says its board has unanimously approved a plan to buy bitcoin with its corporate cash, and it hasn't set a ceiling on how much bitcoin it may purchase (www.cnbc.com)
2025-3-26 Bitcoin

3D tech company Infinite Reality buys Napster for $207M; CEO John Acunto says the one-time file-sharing phenomenon will be used for marketing in the metaverse (www.cnbc.com)
2025-3-25

A profile of Lisa Su, as AMD vies for a bigger chunk of the AI market; CTO Mark Papermaster says AMD had $5B in AI chip sales in 2024, up from $100M in 2023 (www.cnbc.com)
2025-3-22 AI AMD

Micron Q2: revenue up 38% YoY to $8.05B vs. $7.89B est., net income up 99% to $1.58B, says data center revenue tripled, offers better-than-expected Q3 guidance (www.cnbc.com)
2025-3-21

At Nvidia's Quantum Day, Jensen Huang walked back his January comments that cast doubt on the timeline for useful quantum computing and caused a stock selloff (www.cnbc.com)
2025-3-21 Nvidia Quantum

Tencent reports Q4 revenue up 11% YoY to ~$23.9B, vs. ~$23.4B est., profit up 90% YoY to ~$7B, vs. ~$6.3B est., and domestic game revenue up 23% YoY to ~$4.6B (www.cnbc.com)
2025-3-19 Tencent 4Q

Nvidia unveils Blackwell Ultra, a family of AI chips shipping in 2025, and Vera Rubin, its next-gen chip featuring Nvidia's first custom CPU, slated for H2 2026 (www.cnbc.com)
2025-3-19 AI Nvidia

GM partners with Nvidia to use Nvidia Drive AGX, Omniverse with Cosmos, and more across driver assistance systems and factory planning and robotics (www.cnbc.com)
2025-3-19 Robot Nvidia

President Trump's World Liberty Financial says it raised $250M in its second token sale, bringing the total amount of coins sold to $550M (www.cnbc.com)
2025-3-18 Trump

Walmart's OnePay says Klarna will replace Affirm to offer buy-now-pay-later to US shoppers later in 2025, and OnePay can buy a Klarna stake; AFRM drops 10%+ (www.cnbc.com)
2025-3-17 Walmart

Google and other companies are considering bringing back in-person job interviews, as some startups sell AI tools that let engineers cheat in virtual interviews (www.cnbc.com)
2025-3-16 Google Startup AI

Garry Tan says ~80% of YC's W25 batch is AI focused and the cohort is growing significantly faster than past ones, with actual revenue, thanks to “vibe coding” (www.cnbc.com)
2025-3-16 AI

Delaware lawmakers are considering a bill that would transform the state's corporate law to keep it attractive to both investors and CEOs, following Musk's exit (www.cnbc.com)
2025-3-16

Block says it is expanding consumer lending through Cash App Borrow after obtaining FDIC approval to issue loans out of its subsidiary Square Financial Services (www.cnbc.com)
2025-3-15

White House memo: David Sacks sold $200M+ worth of digital asset-related investments personally and through Craft Ventures before starting his government job (www.cnbc.com)
2025-3-15 Asset

DocuSign stock jumps 14%+ after reporting Q4 revenue up 9% YoY to $776M, subscription revenue up 9% YoY, and a $83.5M net income, up from $27.2M a year ago (www.cnbc.com)
2025-3-15 4Q

Nvidia is expected to announce new GPUs, named after Vera Rubin, the female scientist who discovered dark matter, on March 18 at its annual GTC conference (www.cnbc.com)
2025-3-14 Nvidia

Adobe's stock falls 12%+ after reporting a disappointing Q2 outlook and investor concerns that it is falling behind some rivals and losing its AI advantage (www.cnbc.com)
2025-3-14 AI Adobe

In its proposal for White House's AI Action Plan, OpenAI calls for a strategy that preserves “American AI models' ability to learn from copyrighted material” (www.cnbc.com)
2025-3-14 U.S. AI

Meta says Community Notes will use the same open-source algorithm that powers X's Community Notes, but it plans to modify the algorithm to better serve its apps (www.cnbc.com)
2025-3-13 Algorithm

The US FTC asks a judge to delay its case accusing Amazon of deceptive practices with Amazon Prime, citing staffing shortfalls (www.cnbc.com)
2025-3-13 Amazon

Asana announces CEO Dustin Moskovitz is retiring, and reports Q4 sales rose 10% YoY to $188.3M, in line with estimates; ASAN drops 25%+ after hours (www.cnbc.com)
2025-3-11 4Q

Freed, which offers an AI scribe that automates clinical notetaking in real time and is used by 17K clinicians, raised a $30M Series A led by Sequoia Capital (www.cnbc.com)
2025-3-8 AI

HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 employees; HPE drops 16%+ after hours (www.cnbc.com)
2025-3-7

MongoDB Q4: revenue up ~20% YoY to $548.4M, vs. $519.6M est., and projects the slowest growth for FY 2026 since going public in 2017; MDB drops 16%+ after hours (www.cnbc.com)
2025-3-6 4Q

Scale AI signs a US DOD prototype contract for “Thunderforge”, to use AI agents for planning and operations; a source says it is a multimillion-dollar deal (www.cnbc.com)
2025-3-6 AI

After Qualcomm unveiled its X85 modem, CEO Cristiano Amon says it creates a “huge delta” in performance over Apple and is “the first modem that has so much AI” (www.cnbc.com)
2025-3-5 AI Apple

A US judge denies Musk's effort to halt OpenAI's for-profit shift, saying he failed to meet the burden of proof, but allows other aspects of the suit to proceed (www.cnbc.com)
2025-3-5

CrowdStrike reports Q4 revenue up 25% YoY to $1.06B, vs. $1.03B est., a $92.3M net loss, and issues disappointing earnings guidance; CRWD drops 8%+ after hours (www.cnbc.com)
2025-3-5 4Q

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