Elon Musk
Palantir CEO says China’s DeepSeek shows that U.S. needs ‘all-country effort’ in AI
Palantir CEO Alex Karp said the rise of competing artificial intelligence models such as China’s DeepSeek is a sign that the U.S. needs to work quicker to develop advanced AI. “Technology is not inherently good,” and could pose threats in the hands of adversaries, Karp told CNBC’s Sara Eisen in an interview airing Friday. “We […]
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Nvidia CEO Jensen Huang to meet with Trump at White House
Nvidia CEO Jensen Huang is in Washington, D.C., and will be meeting with President Donald Trump on Friday afternoon, CNBC has confirmed. The main topic Huang and Trump are expected to discuss is U.S. artificial intelligence policy, according to people familiar with the matter who asked not to be named because they weren’t authorized to […]
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TikTok’s traffic bounces back despite being pulled off app stores, fears of shutdown
A 3D-printed miniature model of U.S. President-elect Donald Trump and TikTok logo are seen in this illustration taken January 19, 2025. Dado Ruvic | Reuters TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down earlier this month, according to Cloudflare Radar. “DNS traffic for […]
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OpenAI in talks to raise funding that would value AI startup at up to $340 billion
Key Points OpenAI is in talks to raise new capital at a valuation of up to $340 billion valuation, CNBC has confirmed SoftBank would contribute $15 billion to $25 billion of the roughly $40 billion being invested. OpenAI faces growing competition in the generative artificial intelligence market, including from China’s DeepSeek. Source
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Former Tesla board member says stock ‘might be a sell’ unless it meets 2 key targets
Tesla urgently needs to meet two key targets to justify its valuation or investors should sell the stock, the company’s former board member Steve Westly told CNBC on Thursday. Westly, founder of venture fund The Westly Group, said Tesla’s fourth-quarter results published Wednesday were a “lackluster end to a challenging year.” Tesla reported a 2% […]
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Tesla reports $600 million bitcoin profit jump after digital assets rule change
Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024. Joe Skipper | Reuters Tesla‘s bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change in how companies account for digital assets. After showing a carrying value of […]
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SoftBank in talks to invest up to $25 billion in OpenAI
OpenAI CEO Sam Altman, accompanied by U.S. President Donald Trump, Oracle CTO Larry Ellison (R), and SoftBank CEO Masayoshi Son (2nd-R), speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Andrew Harnik | Getty Images SoftBank is in talks to invest up to $25 […]
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Tesla’s CFO says tariffs would ‘have an impact’ on company’s profitability
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters President Donald Trump campaigned on a promise to slap tariffs on goods from many top trading partners. Elon Musk’s electric vehicle company may […]
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Trump and Musk called for former Starliner astronauts to return ‘as soon as possible.’ Here’s what NASA planned.
Elon Musk speaks with U.S. President-elect Donald Trump and guests at a viewing of the launch of the sixth test flight of the SpaceX Starship, in Brownsville, Texas, U.S., November 19, 2024. Brandon Bell | Via Reuters Elon Musk and President Donald Trump took to social media this week declaring that astronauts left at the […]
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Tesla set to report fourth-quarter earnings after the bell
André Thierig, plant manager of the Tesla Gigafactory Berlin-Brandenburg, stands at the final inspection of the production of Tesla Model Y electric vehicles. Patrick Pleul | Picture Alliance | Getty Images Tesla plans to release fourth-quarter results after the bell on Wednesday. Here’s what analysts are expecting, based on an average of estimates compiled by LSEG: […]
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