Articles from www.cnbc.com

Articles from www.cnbc.com

SpaceX stock closed up 19.6% on Monday, its first full day of trading; Musk said it “might be able to reach” around $1T revenue in 2030, up from $18.7B in 2025 (www.cnbc.com)
7 hours ago SpaceX

Electronic Arts launches EA Advertising, letting brands integrate directly into gameplay through dynamic, real-time placements, including stadium signage (www.cnbc.com)
12 hours ago

SpaceX IPO raised a total of $85.7B as underwriters exercised their overallotment of shares, after raising an initial $75B on June 11 (www.cnbc.com)
13 hours ago IPO SpaceX

Salesforce agrees to acquire AI customer service platform Fin, formerly Intercom, for ~$3.6B, in a deal expected to close in Q4 of its 2027 fiscal year (www.cnbc.com)
13 hours ago AI 4Q Salesforce

Fox says it obtained a $12B loan for the Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% (www.cnbc.com)
15 hours ago

SpaceX debuts on the Nasdaq at $150, after pricing at $135, making Elon Musk the world's first trillionaire; SPCX is up ~30% intraday, for a ~$2.3T market cap (www.cnbc.com)
3 days ago Elon Musk SpaceX

SpaceX makes Nasdaq debut at $150 after pricing its shares at $135, giving it a market cap of $1.9T; Elon Musk becomes the world's first trillionaire (www.cnbc.com)
3 days ago Elon Musk SpaceX

Anthropic, OpenAI, and other AI startups have announced major London expansions over the past year, as the city emerges as a key AI talent hub outside the US (www.cnbc.com)
4 days ago Startup AI London

DoorDash launches an in-app AI chatbot to let users order food and groceries and make reservations with photos and prompts (www.cnbc.com)
4 days ago AI chatbot

Alex Karp says Palantir's enterprise customers are “unhappy” with how the frontier labs are operating, believing the labs only care about tokenmaxxing (www.cnbc.com)
5 days ago

CrowdStrike: Chinese entities accounted for 58%+ of state-sponsored cyberattacks aimed at tech companies, especially AI assets, over the 12 months to March 31 (www.cnbc.com)
5 days ago China AI Asset

Edge Markets, which provides banking tools for gambling and prediction markets, including real-time payments on Kalshi, raised a $29.2M Series A led by CoinFund (www.cnbc.com)
6 days ago

In an interview, Perplexity CEO Aravind Srinivas says that the company is planning its IPO for 2028, regardless of how well the IPOs for Anthropic and OpenAI go (www.cnbc.com)
6 days ago IPO Interview

Google and Nvidia are helping Apple with Apple Foundation Model Cloud Pro, which Apple says is comparable to Gemini frontier models and runs on Nvidia GPUs (www.cnbc.com)
7 days ago Google Apple Nvidia

OpenAI confidentially files for an IPO, says it has “not decided on timing yet”, as “there are things we want to do that are likely easier as a private company” (www.cnbc.com)
7 days ago IPO

A federal judge blocks President Trump's policy imposing a $100,000 fee for employer H-1B visa applications (www.cnbc.com)
7 days ago Trump H1B

Amazon announces a multiyear, multibillion-dollar deal with Corning to produce optical fiber for its US data centers; Corning shares jump 8%+ (www.cnbc.com)
7 days ago Amazon

Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off (www.cnbc.com)
10 days ago

Source: OpenAI and White House are discussing a government stake in the company, to seed something like the “Public Wealth Fund” that OpenAI outlined earlier (www.cnbc.com)
10 days ago

Bitcoin falls below $60K, its lowest level since October 2024, amid a record streak of bitcoin ETF outflows following Strategy's bitcoin sale (www.cnbc.com)
10 days ago Bitcoin ETF

OpenAI confirms it will follow President Trump's EO that asks AI companies to allow the US government to assess their models' capabilities before release (www.cnbc.com)
10 days ago Trump AI

Quantinuum closed up 0.63% in its Nasdaq debut on Thursday, with a market value of $15.7B, after raising $1.68B in an upsized IPO (www.cnbc.com)
11 days ago IPO

Supabase, which provides backend tools for building AI apps, raised a $500M Series F led by GIC at a $10B pre-money valuation, up from $5B in October 2025 (www.cnbc.com)
11 days ago AI

CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours (www.cnbc.com)
12 days ago

Palo Alto Networks reports Q3 revenue up 31% YoY to $3B, including $388M from CyberArk and Chronosphere, vs. $2.94B est., and forecasts Q4 revenue above est. (www.cnbc.com)
13 days ago 4Q

Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the “next trillion-dollar company” at Computex (www.cnbc.com)
13 days ago

CFTC chair Michael Selig says Gemini was the victim of Biden-era political targeting, a week after the CFTC motioned to vacate a 2025 order against the exchange (www.cnbc.com)
13 days ago CFTC

An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more (www.cnbc.com)
13 days ago Interview AI

Startups from the pre-ChatGPT era face a reckoning in private markets; PitchBook: half of US unicorns haven't raised in three years, 220+ are “fallen unicorns” (www.cnbc.com)
14 days ago Startup

Runway, the AI startup most recently valued at $5.3B, plans to make London its European headquarters and invest $200M+ into the UK's AI ecosystem by 2028 end (www.cnbc.com)
14 days ago Europe Startup AI London

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