Breaking News: Technology
Luma AI raises $900 million in funding round led by Saudi AI firm Humain
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Video generation startup Luma AI said it raised $900 million in a new funding round led by Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The financing, which included participation from Advanced Micro Devices’ venture arm and existing investors Andreessen Horowitz, […]
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Alphabet stock surges on Gemini 3 AI model optimism
VCG | Visual China Group | Getty Images Alphabet stock jumped 5% on Wednesday after Google debuted its latest artificial intelligence model, Gemini 3, sparking optimism from investors. The new model is an improvement on its predecessor, Gemini 2.5, which Google released about eight months ago. Google said Gemini 3 allows users to get […]
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Walmart in talks to acquire Israeli-founded startup to combat scams, counterfeits
Walmart is in talks to buy a startup called R&A Data, a company founded by two Israeli scientists that works to reduce scams and counterfeits on online marketplaces, according to people familiar with the matter and records reviewed by CNBC. The potential acquisition would come at a key time for the largest U.S. retailer as […]
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Adobe to buy Semrush for $1.9 billion, sending marketing platform’s shares up 70%
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe said Wednesday that it reached a deal to acquire search engine marketing platform Semrush for $1.9 billion to boost its tools for marketers in the age of […]
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Watch: Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum
The stream was slated to start at 11:00 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above. Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will speak in Washington at the U.S.-Saudi Investment Forum Wednesday at The Kennedy Center. […]
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Larry Summers resigns from OpenAI board after release of emails with Epstein
Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Former Treasury Secretary Larry Summers said Wednesday that he will resign from the board at OpenAI after the release of emails between him and the notorious sex offender Jeffrey Epstein. Summers had announced […]
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The $500 billion Nvidia question, and 4 others, CEO Jensen Huang must answer tonight
Nvidia earnings, the most important report of the quarter, will be out after Wednesday’s close, and AI rockstar CEO Jensen Huang will be on the hot seat to answer tough questions about the spiraling artificial intelligence spending promises and how these tech companies — big and not so big — are going to pay for […]
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Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images The Dutch government on Wednesday said it suspended its intervention at Chinese-owned chipmaker Nexperia, following constructive talks with Chinese authorities. “We see this as a show of goodwill,” Dutch Economy Minister Vincent Karremans […]
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Blip, dip, pullback or the beginning of the end? Global investors weigh in on equities sell-off
Global investor sentiment for artificial intelligence remains buoyant, despite on the ongoing equities sell-off. European and Asia markets have seen days of consecutive losses, tracking their U.S. counterparts lower as pressures mount on AI-related stocks and their valuations. The pan-European Stoxx 600 on Tuesday notched its lowest level in a month, with major bourses opening lower on Wednesday, while Asia-Pacific markets fell. Stateside, stock futures were little […]
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CNBC Daily Open: AI firms are getting money while their stocks are losing value
Several AI applications can be seen on a smartphone screen, including ChatGPT, Claude, Gemini, Perplexity, Microsoft Copilot, Meta AI, Grok and DeepSeek. Philip Dulian | Picture Alliance | Getty Images Money keeps flowing into artificial intelligence companies but out of AI stocks. In what looks like — once again — a scenario of the left […]
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