Articles from www.cnbc.com

Articles from www.cnbc.com

Thrive Capital announces it has hired Palantir CIO Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services (www.cnbc.com)
1 hour ago

Esusu, which offers a rent reporting API to Zillow, banks, and others to help renters build credit scores, raised a $50M Series C at a $1.2B valuation (www.cnbc.com)
1 day ago

Broadcom CEO Hock Tan reveals that Anthropic placed a $10B order for Google's Ironwood TPU racks in Q3 and says it placed an additional $11B order in Q4 (www.cnbc.com)
3 days ago Google 4Q

Broadcom reports Q4 revenue up 28% YoY to $18.02B, vs. $17.49B est., and forecasts Q1 revenue above estimates, with AI chip sales doubling to $8.2B (www.cnbc.com)
3 days ago AI 4Q

Oracle reports Q2 revenue up 14% YoY to $16.06B vs. $16.21B est., remaining performance obligations up 438% to $523B vs. $502B est.; ORCL drops 5%+ after hours (www.cnbc.com)
4 days ago Oracle

Starcloud, which launched a satellite with a Nvidia H100 chip in November, says the satellite is running and querying responses from Google's Gemma (www.cnbc.com)
5 days ago Google Nvidia

Amazon will invest $35B+ in India's cloud and AI sector by 2030, adding to the ~$40B it has invested in the country, and says the plan will create 1M more jobs (www.cnbc.com)
5 days ago India Amazon AI

Sources: Meta is pursuing a new Llama successor and frontier AI model, codenamed Avocado, set for release in Q1 2026, and it could be a proprietary model (www.cnbc.com)
6 days ago AI

President Trump says the US will allow Nvidia to ship H200 chips to “approved customers” in China and elsewhere, and that Xi Jinping “responded positively” (www.cnbc.com)
6 days ago Trump China Nvidia

Leaked letter: Tiger Global launches Private Investment Partners 17, a fund targeting raising ~$2B to $3B, signaling a pivot from megafunds to more discipline (www.cnbc.com)
7 days ago

Paramount launches a hostile bid to acquire WBD, offering WBD shareholders $30/share in a $108B all-cash deal; sources say WBD rejected the same bid last week (www.cnbc.com)
7 days ago

Google Cloud partners with Replit to expand the use of Google's cloud offerings and AI models and to jointly support AI use cases for enterprise customers (www.cnbc.com)
10 days ago Google AI

Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams (www.cnbc.com)
10 days ago Apple

Microsoft will increase prices for commercial Office subscriptions on July 1, 2026, including a 33% jump for front-line worker plans like Microsoft 365 F1 (www.cnbc.com)
10 days ago Microsoft

Horizon Quantum, which aims to list on Nasdaq via a SPAC in Q1 2026, claims it is the first private company to deploy a commercial quantum computer in Singapore (www.cnbc.com)
11 days ago Singapore Quantum

Salesforce reports Q3 revenue up 8.6% YoY to $10.26B, vs. $10.27B est., and forecasts Q4 revenue above estimates; CRM jumps 5%+ after hours (www.cnbc.com)
11 days ago 4Q Salesforce CRM

IoT security device maker Verkada hit a $5.8B valuation after new funding, source says totaling $100M, led by CapitalG; it passed $1B in annualized bookings (www.cnbc.com)
12 days ago IoT

MongoDB stock jumped 22% on December 2 after Q3 revenue rose 19% YoY to $628M, above $592M est., and raises full-year guidance on Atlas growth and AI demand (www.cnbc.com)
12 days ago AI

Marvell announces a deal to buy Celestial AI for at least $3.25B, expected to close in Q1 2026; the price can rise to $5.5B if Celestial hits revenue targets (www.cnbc.com)
12 days ago AI

AWS launches Nova Forge, a $100,000/year service allowing clients to customize Amazon's AI models at various stages of training and refine open-weight models (www.cnbc.com)
13 days ago Amazon AI

AWS launches DevOps Agent, an AI-enabled tool designed to help clients quickly identify root causes of outages and implement fixes, available in preview (www.cnbc.com)
13 days ago AI

At a Tokyo forum, Masayoshi Son says he “was crying” over SoftBank selling its $5.83B Nvidia stake but “I just had more need for money to invest in OpenAI” (www.cnbc.com)
13 days ago Nvidia Tokyo

Kalshi says users can now trade tokenized versions of their wagers on Solana, in a bid to court crypto holders; Polymarket already allows on-chain trading (www.cnbc.com)
13 days ago

Shopify suffers an outage, leaving some merchants unable to log in or access POS systems, and says it has fixed an issue and is seeing signs of recovery (www.cnbc.com)
13 days ago Shopify

Runway launches Gen 4.5, a new text-to-video AI model that produces HD videos from written prompts and excels at physics; Gen 4.5 tops Video Arena's leaderboard (www.cnbc.com)
14 days ago AI

Nvidia acquires $2B of Synopsys' common stock and unveils a strategic partnership to accelerate computing and AI engineering products, including deploying CUDA (www.cnbc.com)
14 days ago AI Nvidia

An MIT study finds that AI can replace 11.7% of the US labor market, or ~$1.2T in wages, based on the “Iceberg Index”, which measures job automation potential (www.cnbc.com)
18 days ago AI

PitchBook: US AI and robotics VC deals are up over 4x since 2023 to $160B+ so far in 2025, while comparable China deals are just $10B+, up from $9.24B in 2023 (www.cnbc.com)
19 days ago China AI Robot

As Microsoft accelerates its AI buildout in rural Wisconsin, one community's vocal opposition led the company to withdraw plans for a proposed data center site (www.cnbc.com)
19 days ago Microsoft AI

Nvidia says it is “delighted by Google's success” but “Nvidia is a generation ahead”, after a report that Meta could use Google's TPUs in its data centers (www.cnbc.com)
19 days ago Google Nvidia

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