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Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
World

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT

Anthropic, the AI startup behind the popular Claude chatbot, is in early talks to launch one of the largest initial public offerings as early as next year, the Financial Times reported Wednesday.  For the potential IPO, Anthropic has engaged law firm Wilson Sonsini Goodrich & Rosati, which has previously worked on high-profile tech IPOs such […]

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Stock futures are little changed after major U.S. averages rebound on bitcoin bounce: Live updates
World

Stock futures are little changed after major U.S. averages rebound on bitcoin bounce: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock futures are little changed Tuesday night after major U.S. indexes recovered some losses from the previous session Futures tied to the Dow Jones Industrial Average […]

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The stock market believes Google is now winning the AI race over OpenAI, Nvidia
Technology

The stock market believes Google is now winning the AI race over OpenAI, Nvidia

Alphabet-owned Google just gained a leg up over OpenAI’s ChatGPT, according to recent stock market performance. Shares of Alphabet and its chip partner Broadcom are surging this quarter as its new version of Gemini AI was released, while proxies for the private OpenAI — Nvidia and Microsoft — underperform. Google, once considered an AI laggard, […]

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Amazon announces new AI chips, closer Nvidia ties — but it’s cloud capacity that matters most
Technology

Amazon announces new AI chips, closer Nvidia ties — but it’s cloud capacity that matters most

Amazon Web Services’ two-track approach to artificial intelligence came into better focus Tuesday as the world’s biggest cloud pushed forward with its own custom chips and got closer to Nvidia . During Amazon ‘s annual AWS Re:Invent 2025 conference in Las Vegas, Amazon Web Services CEO Matt Garman unveiled Trainium3 — the latest version of […]

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French AI lab Mistral releases new AI models as it looks to keep pace with OpenAI and Google
Technology

French AI lab Mistral releases new AI models as it looks to keep pace with OpenAI and Google

Artificial intelligence startup Mistral released a new suite of models Tuesday as it looks to keep pace with leading AI labs Google, OpenAI and DeepSeek.  The French company’s announcement follows on from model releases from the likes of DeepSeek and Google in recent weeks, as AI labs across the globe scramble to remain at the […]

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Apple’s AI leadership, Costco’s tariff lawsuit, Cyber Monday Shopify outage and more in Morning Squawk
Technology

Apple’s AI leadership, Costco’s tariff lawsuit, Cyber Monday Shopify outage and more in Morning Squawk

Traders work on the floor of the New York Stock Exchange (NYSE) on October 17, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading […]

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Nvidia-backed  billion AI startup announces major London expansion
World

Nvidia-backed $4 billion AI startup announces major London expansion

Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in the U.K., with major plans for a London expansion revealed on Tuesday. The Palo Alto-headquartered startup will look to hire around 200 employees — making up around 40% of its workforce — at its new London base […]

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SoftBank’s Son ‘was crying’ about the firm’s need to sell its Nvidia stake
Technology

SoftBank’s Son ‘was crying’ about the firm’s need to sell its Nvidia stake

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Speaking via teleconference, Son and OpenAI chief Sam Altman argued that advancing artificial intelligence would lead to new jobs that are not yet imagined, and the advancement of robotics will […]

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AI stock rally may be driven by fear of missing out, but strategists say hold tight
World

AI stock rally may be driven by fear of missing out, but strategists say hold tight

A television broadcasts crypto market news at the Nasdaq MarketSite in New York, US, on Thursday, Nov. 20, 2025. Michael Nagle | Bloomberg | Getty Images AI-related equity valuations may be driven by fear of missing out, known as FOMO — but now’s not the time to get cold feet, according to strategists. Global equities are at […]

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A ‘seismic’ Nvidia shift, AI chip shortages and how it’s threatening to hike gadget prices
Technology

A ‘seismic’ Nvidia shift, AI chip shortages and how it’s threatening to hike gadget prices

The logo of an Apple Store is seen reflected on the glass exterior of a Samsung flagship store in Shanghai, China Monday, Oct. 20, 2025. Wang Gang | Feature China | Future Publishing | Getty Images The cost of your smartphone might rise, analysts are warning, as the AI boom clogs up supply chains and […]

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