Articles from www.cnbc.com

Articles from www.cnbc.com

Upgrade, which offers online loans and other financial services, raised $165M led by Neuberger Berman at a $7.3B valuation and is “12 to 18 months” from an IPO (www.cnbc.com)
2025-10-16 IPO

The US FCC announces proceedings to potentially bar Hong Kong telecom HKT and its subsidiaries from accessing domestic US networks, citing its ties to China (www.cnbc.com)
2025-10-16 China Hong Kong

The EU's aim to triple AI data center capacity over the next five to seven years sparks water scarcity concerns, especially in water-stressed Southern Europe (www.cnbc.com)
2025-10-16 Europe AI

Salesforce says it expects FY 2030 revenue of $60B+, vs. $58.37B est., excluding impact from the $8B pending acquisition of data management company Informatica (www.cnbc.com)
2025-10-16 Salesforce

Sam Altman says OpenAI is “not the elected moral police of the world” after receiving backlash for saying ChatGPT will allow “erotica for verified adults” (www.cnbc.com)
2025-10-16

ASML reports Q3 net sales of €7.5B, v. €7.7B est., and €2.12B net profit, v. €2.11B est., warning that it expects China sales to decline “significantly” in 2026 (www.cnbc.com)
2025-10-15 China

OpenAI forms the Expert Council on Well-Being and AI, with eight experts to help guide OpenAI's work on ChatGPT and Sora (www.cnbc.com)
2025-10-15 AI

The US DOJ seizes ~$15B in bitcoin from a man who oversaw a Cambodian “pig butchering” operation, in the DOJ's largest ever forfeiture; the man remains at large (www.cnbc.com)
2025-10-15 Bitcoin

Oracle plans to deploy 50K AMD Instinct MI450 chips, announced in June, starting in H2 2026; the Instinct MI450 is AMD's first chip for rack-sized systems (www.cnbc.com)
2025-10-14 Oracle AMD

Sources: Tata Electronics bought the Indian unit of Justech Precision, a China-based Apple supplier that provides CNC machines to Foxconn, for ~$100M in August (www.cnbc.com)
2025-10-14 China India Apple

Charlie Kawwas, president of Broadcom's semiconductor group, says OpenAI is not the $10B customer the company announced during its earnings call in September (www.cnbc.com)
2025-10-14

Broadcom closes up 9.88% following the announcement of its custom chip deal with OpenAI; its stock is up over 50% in 2025 after more than doubling in 2024 (www.cnbc.com)
2025-10-14

JPMorgan Chase launches a decade-long plan to invest $10B in industries critical for national security, including “frontier” tech like AI and quantum computing (www.cnbc.com)
2025-10-14 AI JPMorgan Quantum

Quantum computing stocks jumped after JPMorgan announced a $10B strategic tech investment; Arqit, D-Wave, Rigetti, and IonQ each rose about 20% (www.cnbc.com)
2025-10-14 JPMorgan Quantum

Sources: Morgan Stanley told its financial advisors it will broaden access to crypto investments to all clients and allow such investments in any account type (www.cnbc.com)
2025-10-11 Morgan Stanley

Leaked audio: Apple nears a deal to acquihire computer vision startup Prompt AI; it was approached by other potential suitors, including xAI and Neuralink (www.cnbc.com)
2025-10-11 Startup AI Apple

Govini, a Palantir competitor whose AI software Ark helps militaries manage product lifecycles, raised $150M led by Bain and says it hit $100M in ARR (www.cnbc.com)
2025-10-11 AI

Trump says the US would impose an extra 100% tariff on imports from China and export controls on “any and all critical software” from November 1 (www.cnbc.com)
2025-10-11 Trump China

President Trump threatens a “massive increase of Tariffs” on Chinese products, in response to export controls that China imposed on rare earth minerals (www.cnbc.com)
2025-10-11 Trump China

Campus, which is building an online alternative to community colleges, hires Meta's ex-VP of AI Jerome Pesenti as its CTO, and acquires his company Sizzle AI (www.cnbc.com)
2025-10-11 AI

China bans TechInsights from working with or receiving data from Chinese entities, citing national security concerns, after a report on Huawei's Ascend AI chips (www.cnbc.com)
2025-10-10 China AI

YouTube launches a pilot program to give terminated creators a “second chance” by letting them apply to create a new channel (www.cnbc.com)
2025-10-10 YouTube

Bill Peebles, head of Sora at OpenAI, says the app hit 1M downloads less than five days after its launch, even faster than ChatGPT did (www.cnbc.com)
2025-10-10

Jensen Huang says AMD's deal to offer 10% of itself to OpenAI is “surprising” and “imaginative” considering AMD was “so excited about” its next-generation chip (www.cnbc.com)
2025-10-9 AMD

Dell says it now expects annual revenue to grow between 7% and 9%, up from its prior forecast of 3% to 4%, citing demand for AI infrastructure (www.cnbc.com)
2025-10-8 AI

Cerebras CEO Andrew Feldman says the AI chipmaker pulled its IPO filing to share updated financials, admitting it was a mistake not to explain the move sooner (www.cnbc.com)
2025-10-7 IPO AI

A live blog of OpenAI DevDay 2025, where the company is expected to announce a visual agent builder and other developer updates (www.cnbc.com)
2025-10-7

Deloitte announces a deal to roll out Anthropic's Claude to more than 470,000 of its employees globally, marking Anthropic's largest enterprise deployment ever (www.cnbc.com)
2025-10-7

OpenAI and AMD announce a deal as part of which OpenAI could take a 10% stake in AMD and deploy up to 6GW of Instinct GPUs over multiple years; AMD jumps 20%+ (www.cnbc.com)
2025-10-6 AMD

A look at OpenAI's search for the sites of its Stargate data centers in the US; OpenAI has received 800+ applications since January and has 20 finalist sites (www.cnbc.com)
2025-10-6

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