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Samsung-backed AI chip firm Rebellions raises $400 million ahead of IPO
The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in AI chips. Rebellions South Korean AI chip startup Rebellions said Monday it has raised $400 million as it looks to expand into the U.S. market […]
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Quantum firms are racing to market as the industry hits ‘inflection point’
Photo from Horizon Quantum’s listing ceremony at the Nasdaq MarketSite in New York City on Friday, March 20, 2026. Quantum computing firms are defying turbulent markets to go public this year, as companies seek to raise funds to capitalize on recent scientific breakthroughs and push the experimental technology closer to commercialization. One such firm, Xanadu […]
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CNBC Daily Open: Trump’s ‘favorite thing’ is Iranian oil
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Sometimes, two things can be true at the same time. But U.S. President Donald Trump’s declaration […]
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CNBC Daily Open: U.S. eyes ground operation as oil execs warn of price shock
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. On March 11, President Donald Trump said […]
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Tech stocks suffer worst week in nearly a year, driven down by war worries, Meta legal woes
Meta Platforms Chief Executive Mark Zuckerberg (C) arrives for a meeting U.S. Sen. Majority Leader John Thune (R-SD) on Capitol Hill on March 26, 2026 in Washington, DC. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. […]
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Sony hikes PS5 prices by up to $150 citing ‘pressures’ in global economy
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony on Friday said it will raise prices on its range of flagship PlayStation 5 consoles for the second time in less than a year, citing “pressures in the global economic landscape.” In the U.S, the PS5 disc edition will […]
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Elon Musk’s Grok ordered to stop creating AI nudes by Dutch court as legal pressure mounts
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk’s xAI and its chatbot Grok have been banned from creating non-consensual AI-generated images of adults and children by a Dutch court, adding to growing legal pressure on the company. Amsterdam’s District Court issued a legal order on Thursday prohibiting xAI from generating and distributing sexual imagery […]
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CNBC Daily Open: Could the Strait of Hormuz be close to reopening? Markets cast doubt
Illustration of the Strait of Hormuz on a globe under a magnifying glass. Cfoto | Future Publishing | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Speaking on the economic fallout from the Iran war in a Cabinet meeting Thursday, President Donald Trump […]
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Anthropic wins preliminary injunction in DOD fight as judge cites ‘First Amendment retaliation’
CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images A federal judge in San Francisco granted Anthropic’s request for a preliminary injunction in its lawsuit against the Trump […]
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OpenAI ads pilot tops $100 million in annualized revenue in under 2 months
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI’s nascent ads business has surpassed $100 million in annual recurring revenue less than two months after launching its pilot in the U.S., according to a spokesperson. The artificial intelligence startup said in January that […]
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