Nokia Corp
Japanese investors turn to Europe as deep tech boom lures capital abroad
Huge swathes of cash are flowing from Japan to European tech startups as risk-averse investors favor a more mature entrepreneurial ecosystem, helping to scale the continent’s booming deep tech cluster. While the European startup and venture capital ecosystem has long operated in the shadow of Silicon Valley, it has become fertile ground for Japanese corporates, […]
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CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI
OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024. Jason Redmond | Afp | Getty Images Investors can’t get enough of artificial intelligence, despite […]
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Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media prior to the keynote address at the Nvidia AI summit in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images Nvidia CEO Jensen Huang said at the company’s GTC conference on Tuesday that its Blackwell […]
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Stocks making the biggest moves midday: PayPal, Nokia, VF Corp., UPS, Wayfair & more
Check out the companies making the biggest moves midday: Agilysys — The hospitality software maker jumped 20% after the company posted fiscal second-quarter results above expectations. The company earned 40 cents per share, excluding certain items. Analysts polled by LSEG expected a profit of 34 cents per share. Agilysys also raised its fiscal 2026 revenue […]
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Nvidia takes $1 billion stake in Nokia, sending the 5G equipment maker’s shares up 18%
Visitors at Nokia (Nokia is a Finnish telecom, IT, and electronics company) Pavilion during the India Mobile Congress 2025 exhibition at Yashobhoomi. Pradeep Gaur | SOPA Images | Lightrocket | Getty Images Nokia announced on Tuesday that Nvidia is taking a $1 billion stake in the networking company, the latest partnership for the artificial intelligence […]
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European markets close higher after major earnings reports; Gucci-owner Kering surges almost 9%
A Futures-options trader works on the floor at the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York City, U.S., October 17, 2025. Brendan McDermid | Reuters LONDON — European stocks ended Thursday in positive territory as investors looked to earnings reports for clues on business activity and confidence in […]
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Nscale eyes IPO amid fresh $14 billion deal with Microsoft
Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale AI cloud company Nscale is eyeing an IPO, the company confirmed to CNBC Wednesday as it announced a $14-billion deal with U.S. tech giant Microsoft. The London-based company, which provides technology infrastructure to help AI scale, has “public market ambitions” which could be realized in the “back […]
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British AI firm Nscale raises $1.1 billion in Nvidia-backed funding round
A Nvidia RTX PRO 6000 Blackwell Server Edition on display during VivaTech 2025 tech conference in Paris, France. Chesnot | Getty Images British artificial intelligence infrastructure firm Nscale is raising heaps of cash as it looks to ramp up the deployment of AI data centers across Europe. Nscale, which is based in London, said Thursday […]
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