Enterprise
The ‘rebellious’ instincts that turned Synthesia CEO Victor Riparbelli into a generative‑AI trailblazer
Victor Riparbelli, co-founder and CEO of Synthesia, has become one of Europe’s leading voices on AI — despite starting far from the traditional tech path. Growing up in Denmark, Riparbelli often felt out of step with its consensus-driven culture. “It’s an amazing place, but it’s really not a place that inspires ambition and drive and innovation,” he told CNBC’s Steve Sedgwick on the “Executive Decisions” podcast. He immersed himself in books and computers, […]
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Oracle announces departure of two oldest directors, narrowing board to 12
George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in Washington on April 13, 2004. Jay Mallin | Bloomberg | Getty Images Oracle said Friday that two longtime directors, both octogenarians, have resigned from the board. George Conrades, former CEO of content network distribution company […]
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OpenAI and SoftBank announce $1 billion investment in SB Energy as part of massive AI buildout
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI and SoftBank announced plans to invest $1 billion in SB Energy as part of a strategic partnership that will support OpenAI’s artificial intelligence infrastructure buildout. The partnership […]
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Andreessen Horowitz raises $15 billion, as VC firm goes big in infrastructure, defense
Venture capitalist Marc Andreessen speaks at the TechCrunch Disrupt conference in San Francisco, Sept. 13, 2016. San Francisco Chronicle/hearst Newspapers Via Getty Images | Hearst Newspapers | Getty Images Venture capital firm Andreessen Horowitz has raised $15 billion to bolster bets across an array of areas including infrastructure, health and what the it calls “American Dynamism,” […]
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Musk, OpenAI lawyers trade barbs as lawsuit heads to trial
Elon Musk’s lawsuit against OpenAI will proceed to trial, further escalating his years-long feud with the company and its CEO, Sam Altman. “We appreciate the Court’s thorough and fair consideration and look forward to trial,” Musk’s lead counsel, Marc Toberoff, told CNBC’s David Faber Thursday in a statement following a hearing with U.S. District Judge […]
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Anthropic signs term sheet for $10 billion funding round at $350 billion valuation
Anthropic has signed a term sheet for a $10 billion funding round at a $350 billion valuation, CNBC confirmed on Wednesday. Coatue and Singapore sovereign wealth fund GIC are leading the financing, according to a source familiar who asked not to be named because the discussions are confidential. A representative for Anthropic declined to comment. […]
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Air taxi maker Joby buys new Ohio factory, more than doubles manufacturing footprint as it vies for FAA approval
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals for electric vertical takeoff and […]
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