Articles from www.cnbc.com

Articles from www.cnbc.com

A look at NY's RAISE Act, requiring AI companies to publish safety protocols and disclose serious incidents, as its co-sponsor is targeted by a pro-AI super PAC (www.cnbc.com)
19 days ago AI

Pro-AI super PAC Leading the Future launches a $10M media campaign to push Congress to craft a national AI policy that will override a patchwork of state laws (www.cnbc.com)
19 days ago AI

A US judge issues a temporary restraining order blocking OpenAI from using the word “cameo” for Sora features, following a trademark lawsuit by video app Cameo (www.cnbc.com)
19 days ago

At a recent all-hands meeting, Google's head of AI infrastructure Amin Vahdat said Google must double AI compute capacity every six months to meet demand (www.cnbc.com)
20 days ago Google AI

Figure AI's former head of product safety sues the humanoid robot startup, alleging he was unlawfully terminated after warning executives about product safety (www.cnbc.com)
20 days ago Startup AI Robot

Palo Alto Networks reports Q1 revenue up 16% YoY to $2.47B, vs. $2.46B est., forecasts Q2 revenue in line with est., and agrees to buy Chronosphere for $3.35B (www.cnbc.com)
24 days ago

Block expects gross profit to increase in the mid-teens YoY through 2028, reaching ~$15.8B, with adjusted operating income growing ~30% YoY; XYZ closed up 7.56% (www.cnbc.com)
24 days ago

Nvidia reports Q3 revenue up 62% YoY to $57.01B, vs. $54.92B est., Data Center revenue up 66% to $51.2B, and net income up 65% to $31.9B (www.cnbc.com)
24 days ago Nvidia

OpenAI announces ChatGPT for Teachers, designed for K-12 educators and school districts, and says it will be free to K-12 educators in the US through June 2027 (www.cnbc.com)
25 days ago

Perplexity plans to roll out a free agentic shopping product for US users next week in partnership with PayPal (www.cnbc.com)
25 days ago

NetEase says 2M+ people played martial arts game Where the Winds Meet in the 24 hours after its global release, as Chinese companies' cultural influence expands (www.cnbc.com)
25 days ago China

Amazon's Zoox announces that users in San Francisco can now sign up for its Zoox Explorers program to take free rides in its robotaxis in select neighborhoods (www.cnbc.com)
25 days ago Amazon San Francisco

Source: Microsoft's and Nvidia's investments in Anthropic push its valuation to the range of $350B, up from its $183B valuation after raising $13B in September (www.cnbc.com)
26 days ago Microsoft Nvidia

Klarna reports Q3 revenue up 26% YoY to $903M, above $882M est., a $95M net loss, and expects $1B+ revenue in Q4, in its first post-IPO earnings release (www.cnbc.com)
26 days ago IPO 4Q

Arm and Nvidia announce that Arm-based Neoverse CPUs will be able to integrate with AI accelerators using Nvidia's NVLink Fusion tech (www.cnbc.com)
26 days ago AI Nvidia

Eric Gillespie, the founder of Govini whose AI software is used by the US military, was arrested last week for allegedly soliciting pre-teens for sexual contact (www.cnbc.com)
26 days ago AI

Pro-AI super PAC Leading the Future targets NY State Assemblymember Alex Bores, co-sponsor of the RAISE Act, a bill imposing safety and disclosure requirements (www.cnbc.com)
27 days ago AI

Filing: Berkshire Hathaway discloses a $4.3B stake in Alphabet in Q3, a surprising move given Warren Buffett's reluctance toward high-growth, tech-driven stocks (www.cnbc.com)
29 days ago Warren Buffett Berkshire Alphabet

JPMorgan Chase secures deals with fintech middlemen, like Plaid, covering 95%+ of third-party data pulls, and will receive payment for access to customer data (www.cnbc.com)
30 days ago Fintech JPMorgan

StubHub reports Q3 revenue up 8% YoY to $468.1M, vs. $452M est., gross merchandise sales up 11% to $2.43B; STUB drops 5%+ after hours (www.cnbc.com)
30 days ago

Cursor says it has crossed $1B in annualized revenue, has 300+ employees, and its in-house models “generate more code than almost any other LLMs in the world” (www.cnbc.com)
2025-11-14

Sources: xAI has raised $15B, adding $5B to the $10B reported in September, which valued the startup at $200B (www.cnbc.com)
2025-11-14 Startup

Boston-based Code Metal, which uses AI to help engineers translate code into other languages, raised a $36.5M Series A led by Accel at a $250M valuation (www.cnbc.com)
2025-11-13 AI

Cisco reports Q1 revenue up 8% YoY to $14.88B, vs. $14.77B est., net income up 5% to $2.86B, and forecasts Q2 revenue above est.; CSCO jumps 5%+ after hours (www.cnbc.com)
2025-11-13 Cisco

Anthropic plans to spend $50B on a US infrastructure buildout, starting with data centers in Texas and New York in partnership with Fluidstack, opening in 2026 (www.cnbc.com)
2025-11-13 New York Texas

Coinbase plans to move its incorporation from Delaware to Texas, saying Delaware “once provided companies with consistency” but now has “unpredictable outcomes” (www.cnbc.com)
2025-11-13 Texas Coinbase

Foxconn reports Q3 revenue of $66.3B, in line with estimates, net profit up 17% YoY to $1.86B, vs. $1.63B exp., says it expects significant YoY growth in Q4 (www.cnbc.com)
2025-11-12 4Q

CoreWeave closed down 16% after its CEO admitted delays at a data center developer that Jim Cramer implied may be Core Scientific; CORZ closed down 10% (www.cnbc.com)
2025-11-12

Oura CEO Tom Hale says the Finnish company expects “maybe close” to $2B in sales in 2026, up from $1B in 2025, and there is “no news on an IPO” (www.cnbc.com)
2025-11-11 IPO Finland

CoreWeave reports Q3 revenue up 134% YoY to $1.36B, vs. $1.29B est., and a net loss of $110M, down from $360M a year ago; CRWV is up 164% since its March IPO (www.cnbc.com)
2025-11-11 IPO

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