Breaking News: Technology
Meta approached Perplexity before massive Scale AI deal
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be named because of the confidential nature of the negotiations. One […]
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Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others
A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Semiconductor stocks declined Friday following a report that the U.S. is weighing measures that would terminate […]
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Tesla inks first deal to build China’s largest grid-scale battery power plant
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed. Utility-scale battery energy storage systems help […]
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Coinbase secures EU crypto license, swaps Ireland for Luxembourg as main hub
Lionel Bonaventure | Afp | Getty Images Coinbase has secured a license from Luxembourg to offer crypto services across the European Union and will make the country its central hub in the region. The U.S. crypto exchange’s main European base has been in Ireland since 2023. Coinbase said Friday that it obtained its Markets in […]
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Meta, EssilorLuxottica unveil Oakley smart glasses
Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta and EssilorLuxottica on Friday unveiled a new line of Oakley smart glasses that include the social media company’s […]
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Starlink rival Eutelsat pops 22% as France backs capital raise
A ground network of satellites at the headquarters of Eutelsat Madeira Unipessoal Lda in Canial, Madeira, Portugal, on Saturday, March 8, 2025. Bloomberg | Bloomberg | Getty Images Eutelsat shares popped on Friday morning, after the European satellite operator announced a 1.35 billion euro ($1.55 billion) capital raise led by the French state and backed by […]
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Investing in Space: Iron Dome’s performance could be Golden Dome’s opportunity
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. TEL AVIV, ISRAEL – JUNE 18: Israel’s ‘Iron Dome’ air defense system responds to incoming Iranian ballistic missiles as seen from Tel Aviv, Israel on June 18, 2025. Anadolu | […]
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Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO
When Meta CEO Mark Zuckerberg poached Scale AI founder Alexandr Wang last week as part of a $14.3 billion investment in the artificial intelligence startup, he was apparently just getting started. Zuckerberg’s multibillion-dollar AI hiring spree has now turned to Daniel Gross, the CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat […]
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Trump extends TikTok ban deadline by another 90 days
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump has extended the deadline for TikTok’s parent company ByteDance to sell the short form video app to an American owner. On Thursday, Trump signed an executive order granting a third extension for the Chinese company to sell its video platform so it can continue […]
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Google is using YouTube videos to train its AI video generator
Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google is using its expansive library of YouTube videos to train its artificial intelligence models, including Gemini and the Veo 3 video and audio generator, CNBC has learned. The tech company is turning […]
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