Breaking News: Technology
Paul Tudor Jones says U.S. is late to regulating AI: ‘We should have already done it’
Paul Tudor Jones speaks onstage during the 2024 Robin Hood Benefit at Jacob Javits Center on May 13, 2024 in New York City. Kevin Kane | Getty Images Billionaire hedge fund manager Paul Tudor Jones sent a warning signal on Thursday, arguing that the U.S. is late to the game on artificial intelligence regulation. “We […]
Read More
OpenAI trial: Mother of Musk’s children says he offered Altman a Tesla board seat
Shivon Zilis, former board member of OpenAI Inc., arrives at the federal court in Oakland, California, US, on Wednesday, May 6, 2026. David Paul Morris | Bloomberg | Getty Images The high-stakes trial in Elon Musk’s lawsuit against OpenAI CEO Sam Altman will conclude its second week of proceedings on Thursday. Musk’s attorneys called several […]
Read More
How startup Propy is deploying $100 million to put real estate deals on the blockchain
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Anyone […]
Read More
EU weighs restricting use of U.S. cloud platforms to process sensitive government data, sources tell CNBC
The flags of the European Union fly in front of the European Parliament. Philipp von Ditfurth | dpa | Picture Alliance | Getty Images The European Union is considering rules that would restrict its member governments’ use of U.S. cloud providers to handle sensitive data, sources familiar with the talks told CNBC. The European Commission […]
Read More
SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s […]
Read More
Arm’s quarter shows how it’s carving a lucrative path in the crowded CPU resurgence
Arm Holdings shares fell Wednesday evening despite the chip designer reporting a better-than-expected quarter and giving an upbeat outlook for its data center CPU business. Revenue for the company’s fiscal 2026 fourth quarter ended March 31 increased 20% year-over-year to $1.49 billion, ahead of the LSEG-compiled analysts’ consensus estimate of $1.47 billion. Non-GAAP earnings per […]
Read More
Jim Cramer says Big Tech cannot afford to be cheap on AI spending
Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC’s Jim Cramer argued Wednesday. Cramer’s comments came after he heard someone describe the rally in data center and AI-related stocks as an “if you build it, they will come” dynamic — the idea that companies are spending aggressively on infrastructure in […]
Read More
Anthropic CEO says 80-fold growth in first quarter explains ‘difficulties with compute’
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Anthropic CEO Dario Amodei said his company tried to plan for 10-fold growth. But revenue and usage increased 80-fold in the first quarter on an […]
Read More
DoorDash pops 8% on strong earnings, upbeat order guidance
Avishek Das | Lightrocket | Getty Images DoorDash reported mixed first-quarter results after the bell on Wednesday as it pours more money into new technology and features. Shares popped 8% following the report. Here’s how the company did versus LSEG estimates: Earnings per share: 42 cents vs. 36 cents expected Revenue: $4.04 billion vs. $4.14 […]
Read More
Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty
Evan Spiegel, co-founder and chief executive officer of Snap Inc., during the Axios Media Trends Live event in New York, US, on Thursday, Sept. 18, 2025. Michael Nagle | Bloomberg | Getty Images Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday and provided cautious sales guidance while […]
Read More