Internet
Anthropic closes latest funding round above $10 billion and could go higher, sources say
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Anthropic has closed its latest funding round above the initial $10 billion target at a $350 billion valuation, CNBC confirmed on Tuesday. The round closed at a total […]
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Mozilla is building an AI ‘rebel alliance’ to take on industry heavweights OpenAI, Anthropic
Mark Surman, president of Mozilla Foundation, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | Reuters From his small, snow-covered farm outside Toronto, home to cats and a dog, and soon some donkeys, Mark Surman has been laying the groundwork for a fierce […]
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Blockbuster social media trial kicks off, with more to come this year
Facebook co-founder and Meta CEO Mark Zuckerberg sits in his seat inside a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Leah Millis | Reuters A landmark case against social media giants Meta, Alphabet’s YouTube and […]
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Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region booms
The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Tencent plans to expand its data center footprint in the Middle East, a top […]
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Zoom’s ‘hidden gem’ investment in Anthropic could be worth $2 billion to $4 billion, analysts say
Silas Stein | Picture Alliance | Getty Images Shares of Zoom popped 11% on Monday after analysts at Baird estimated that the company’s investment in artificial intelligence startup Anthropic could be worth between $2 billion to $4 billion, depending on dilution assumptions. In May 2023, Anthropic announced a partnership with Zoom and revealed that Zoom […]
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CoreWeave stock jumps 9% as Nvidia invests $2 billion to expand AI data center capacity
Michael Intrator, CEO of Coreweave, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC Shares of CoreWeave popped 9% in premarket trading on Monday after Nvidia announced it has invested $2 billion in the artificial intelligence infrastructure provider. Nvidia purchased CoreWeave Class A […]
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Memory chip shortage to last through 2027, semiconductor boss says
LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that’s been caused by the AI infrastructure boom may last longer […]
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Meta’s Reality Labs cuts sparked fears of a ‘VR winter’
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta‘s deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the industry, leading to concerns about its […]
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TikTok forms U.S. joint venture, names a CEO
The TikTok USDS (U.S. Data Security) logo appears on a smartphone screen in this illustration photo in Reno, United States, on Dec. 19, 2025. Jaque Silva | Nurphoto | Getty Images TikTok said Thursday that it formed a joint venture that will keep the video-sharing app operating in the United States. The short-form video company […]
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OpenAI chair Bret Taylor says AI is ‘probably’ a bubble, expects correction in coming years
Bret Taylor, co-founder of the artificial intelligence startup Sierra, said Thursday that AI “probably” is a bubble that is causing both “smart money” and “dumb money” to fund competitors at every layer of the tech stack. Taylor, who also serves as the chairman of OpenAI’s board, said the free market will ultimately determine where the […]
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