Meta Platforms Inc
‘Draconian development’ in Meta-Manus deal draws the line in China’s AI race with the U.S.
Manus was hailed by Chinese state media as the “next DeepSeek” soon after its launch in March 2025, months before the startup relocated to Singapore. Cheng Xin | Getty Images News | Getty Images BEIJING — China’s decision to block U.S. tech giant Meta‘s $2 billion acquisition of artificial intelligence startup Manus is being seen […]
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Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups
Top researchers are jumping ship from Big Tech firms like Meta and Google to launch startups and raise huge funding rounds in the process, as investors bet big on the commercial potential of early-stage AI labs. Amid colossal spending on AI, many of these new startups are raising hundreds of millions within months of being […]
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CNBC Daily Open: Hawkish hold from BOJ sets central bank stage
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Hello, this is Katie Foley writing to you from London. I spend my mornings leading the London TV teams as we prepare to take Europe Early Edition and Squawk Box Europe to air. Over the last two […]
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Stock futures inch higher after the S&P 500 posts another record, Wall Street awaits earnings: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures ticked up on Monday night after the S&P 500 and Nasdaq Composite closed the regular session with new records. S&P 500 futures and Nasdaq Composite futures each added about 0.2%. Futures tied to the Dow Jones Industrial Average gained 61 […]
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Former Google DeepMind researcher’s AI startup raises record $1.1 billion seed funding to pursue superintelligence
A former top researcher at Google AI division DeepMind announced Monday a record $1.1 billion seed round for his months-old startup Ineffable Intelligence. The startup is pursuing superintelligence and was founded in late 2025 by UCL professor and former lead of DeepMind’s reinforcement learning team David Silver. The seed round is the largest ever in […]
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WHCD shooting, DOJ ends Powell probe, Musk vs. Altman and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We have a big week ahead of us: In addition to earnings reports from key automakers and five of the “Magnificent Seven,” the Federal Reserve will make its next monetary policy decision and the trial between Elon Musk and Sam […]
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China blocks Meta’s acquisition of AI startup Manus
China’s state planner on Monday called for Meta to unwind its $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots. The decision to prohibit foreign investment in Manus was made in accordance with laws and regulations, the National Development and Reform Commission said in a brief statement. It added that it has […]
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CNBC Daily Open: Security scare and stalled Iran talks
President Donald Trump on stage as gun shots heard at the White House Correspondents Dinner in Washington, D.C. on April 25th, 2026. Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The attempted shooting at the White House Correspondents’ Association Dinner dominated headlines over the weekend, […]
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Iran’s top diplomat briefly returns to Pakistan but Trump says the sides can talk by phone
Iranian Foreign Minister Abbas Araghchi (L) meets with Pakistani Chief of General Staff Asim Munir (R) amid efforts to revive stalled peace talks between the U.S. and Iran to end their eight-week war, in Islamabad, capital of Pakistan, on April 25, 2026. Anadolu | Anadolu | Getty Images Iran’s foreign minister briefly visited Islamabad again […]
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AI talent war: Software industry is a new target as top executives jump ship to OpenAI
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam Altman (C) and Anthropic CEO Dario Amodei (R) at the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Software giants are seeing their worst stock performance in years […]
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