Meta Platforms Inc
Arm stock pops 6% as CEO Haas issues $15 billion revenue expectation for new chip
Arm Holdings stock popped 6% in after-hours trading on Tuesday as CEO Rene Haas announced 2031 annual revenue expectations that were more than six times what it was in 2025. Haas unveiled Arm’s first in-house chip on Tuesday at an event in San Francisco, with Meta as the initial customer. CNBC got an exclusive first […]
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Amazon acquires ‘approachable’ humanoid maker Fauna Robotics
Fauna CEO Rob Cochran with a Sprout robot. Courtesy: Fauna Robotics Amazon has acquired Fauna Robotics, a startup that builds “approachable” humanoid robots for consumers and businesses, the company confirmed Tuesday. Terms of the deal weren’t disclosed. “We are excited about Fauna’s vision to build capable, safe, and fun robots for everyone,” an Amazon spokesperson told CNBC […]
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Jury reaches verdict in major Meta child safety trial in New Mexico
Meta CEO Mark Zuckerberg arrives at Los Angeles Superior Court on Feb. 18, 2026. Jill Connelly | Getty Images A jury has reached a verdict in a major New Mexico trial in which the state’s attorney general alleged that Meta failed to safeguard its family of apps from child predators. The civil trial, in which […]
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Baltimore is first U.S. city to sue over Grok deepfake porn as legal pressure mounts on Musk’s xAI
The logo of the artificial intelligence company xAI appears on the screen of a smartphone placed on a surface reflecting an abstract blue illustration. Samuel Boivin | Nurphoto | Getty Images Lawsuits against Elon Musk’s xAI are piling up, with Baltimore becoming the first major U.S. city to file a complaint against the company concerning […]
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Arm releases first in-house chip, with Meta as debut customer
For more than 35 years, Arm Holdings has licensed its instruction sets to the world’s biggest chipmakers and collected royalties on every processor made with its designs. Now the U.K.-based company is making physical silicon of its own for the first time. Arm CEO Rene Haas unveiled his company’s first in-house chip on Tuesday at […]
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DCCC launches geotargeted digital ad campaign hitting GOP for gas prices
Prices are posted at a gas station in Downtown Brooklyn on March 18, 2026, in New York, United States. Matthew Hoen | Nurphoto | Getty Images The Democratic Congressional Campaign Committee on Tuesday is launching a digital ad campaign targeting President Donald Trump and Republicans for rising gas prices amid the war in Iran. The […]
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CNBC’s The China Connection newsletter: The secret sauce behind Alibaba’s animation studio
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. Today, I dive into Alibaba’s latest effort to take on the global animation market, just as Hollywood tries harder to capture Chinese moviegoers. What […]
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OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial […]
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OpenAI’s data center pivot underscores Wall Street spending concerns ahead of IPO
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images When OpenAI CEO Sam Altman took the stage at BlackRock’s U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality: […]
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OpenClaw’s ChatGPT moment sparks concern that AI models are becoming commodities
People queue to have their laptops install with OpenClaw, an open-source AI assistant at the Baidu headquarter in Beijing on March 11, 2026. Adek Berry | Afp | Getty Images Three months ago, the tech industry was unaware of a lobster-themed AI coding project built by an under-the-radar Austrian software developer. OpenClaw, as that creation […]
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