Technology
Meta set to report earnings: Update on revamped AI strategy is key to fourth quarter
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta on Wednesday will report fourth-quarter earnings, and investors will be looking for any […]
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Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Apple CEO Tim Cook said he was “heartbroken” by the situation in Minneapolis and called for an easing of tensions in a note to employees this week, CNBC […]
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AI industry looks to repeat crypto lobbying success and put war chest to work in midterm elections
The polling site at Davies Student Center on Election Day, Nov. 5, 2024 at the University of Wisconsin-Eau Claire in Eau Claire, Wisconsin. The Washington Post | The Washington Post | Getty Images The age of the AI super PAC is here, and it has ballot boxes across the U.S. in its sites ahead of […]
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Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella
Alex Dhillon, CEO and founder of Outtake Courtesy: Abiola Familusi Alex Dhillon spent almost five years at Palantir before leaving to build cybersecurity startup Outtake. Now his former boss is helping fuel his new company’s growth, alongside a roster of investors that includes Microsoft CEO Satya Nadella. Outtake, which counts OpenAI and Bill Ackman’s Pershing […]
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Snap establishes Specs subsidiary for its AR glasses
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles. Andrej Sokolow | Picture Alliance | Getty Images Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc. The company said the subsidiary will provide “greater […]
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The Fed meeting, Starbucks earnings, Amazon layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. When you work in journalism, there’s a new surprising story each day. Yesterday, it was about what gold investors can learn from King Henry VIII’s reign. S&P 500 futures are rising this morning after a winning day. Here are five key […]
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China’s next DeepSeek moment could come from a group of AI chipmaking ‘dragons’
One year after DeepSeek upended the U.S. markets, investors are bracing for what could be the next moment of reckoning out of China: A rapid and coordinated push to scale home-grown Nvidia rivals for artificial intelligence chips. In just the past two months, four startups, dubbed China’s “four dragons,” have already gone public or filed […]
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Chip stocks rally after bumper earnings and a report of a game-changing China approval for Nvidia
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg […]
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Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi founder and CEO Raquel Urtasun Courtesy of Waabi Autonomous trucking startup Waabi said Wednesday that it has raised $750 million in funding as it enters into a partnership to deploy driverless systems in light duty vehicles for Uber robotaxi services. Waabi’s series C round is led by Khosla Ventures and G2 Venture Partners, the […]
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SK Hynix doubles 2025 profit as AI memory shortages drive earnings beat
Signage at the SK Hynix Inc. booth at the China International Import Expo (CIIE) in Shanghai, China, on Thursday, Nov. 6, 2025. The expo runs through Nov. 10. Photographer: Qilai Shen/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix on Wednesday posted record quarterly revenue and profit, boosted by surging […]
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