NVIDIA Corp
Europe’s answer to OpenAI announces billion-dollar AI infrastructure push in Sweden
French AI startup Mistral said on Wednesday it will invest 1.2 billion euros ($1.43 billion) into digital infrastructure in Sweden, including AI data centers. The announcement comes as Europe scrambles to build out the infrastructure needed to power rapidly developing AI tools, as it seeks to build tech sovereignty amid rising geopolitical tensions. The funds […]
Read More
Anthropic executive takes a thinly-veiled swipe at OpenAI over spending and ads
Anthropic is focused on growing its business rather than making “flashy headlines,” its commercial chief told CNBC in a thinly-veiled swipe at rival OpenAI as the public war of words between the AI giants continues. Anthropic aired ads at Sunday’s Super Bowl taking a dig at OpenAI’s decision to begin testing ads on ChatGPT. OpenAI […]
Read More
Astera Labs shares sink 10% as revenue comes up short of some expectations
Astera Labs reported fourth-quarter earnings that beat on top and bottom lines, but shares plunged as much as 10% as revenue came short of some analysts’ expectations. Here’s how the artificial intelligence infrastructure and semiconductor company did compared to LSEG consensus estimates: Earnings per share: 58 cents vs. 51 cents expected Revenue: $271 million vs. […]
Read More
Coca-Cola earnings, Google’s AI risks, Target layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Fresh off his feature in Salesforce’s Super Bowl ad, MrBeast is getting into banking. The YouTuber, whose real name is Jimmy Donaldson, said Monday that his company Beast Industries acquired the financial services app Step. Stock futures are little changed […]
Read More
China’s Alibaba launches AI model to power robots as tech giants talk up ‘physical AI’
A man walks past the Alibaba logo displayed at its booth during the China International Supply Chain Expo in Beijing, China July 16, 2025. Florence Lo | Reuters Alibaba on Tuesday launched an artificial intelligence model designed to power robotics, as more tech giants push into the fast-growing field. The model, called RynnBrain, is designed […]
Read More
Under the hood of the AI economy with Databricks CEO Ali Ghodsi
Databricks just raised $7 billion in equity and debt at a $134 billion valuation. If your eyes glazed over, I don’t blame you. This is the company’s umpteenth mega-round, and at some point, another private company raising another pile of money stops being news. But here’s why this one matters. As Databricks inches closer to […]
Read More
This ancillary AI stock hits another record high. How we’re playing the rally
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The S & P 500 rose on Monday, supported by strength in big tech. Club holdings Nvidia and Broadcom climbed more than 3%, building on gains from Friday’s broad […]
Read More
Dow 50,000, Super Bowl 60, Meta’s big week in court and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Congratulations to the Seattle Seahawks, who stifled the New England Patriots in a 29-13 Super Bowl win last night. Congratulations also to Lady Gaga fans, who got a surprise performance from the singer during Bad Bunny’s halftime show. Stock futures […]
Read More
Big Tech stocks are treading water after $1 trillion sell-off week
Big Tech stocks were treading water in premarket trading on Monday, after a bruising week that saw more than $1 trillion wiped from their market caps. As of 6:40 a.m. ET, Oracle was up 1.6% and Microsoft had edged 0.8% higher. Meta was down 0.2% and Amazon was flat. Alphabet fell 0.5% and Nvidia was […]
Read More
Lyft debuts teen accounts more than two years after Uber
Lyft on Monday officially launched teen accounts nationwide in a bid to match competitor Uber. CEO David Risher addressed Lyft’s delayed teen accounts rollout, saying the company “wanted to get it right” and is distinguishing itself with parent and driver communication tools. “We’ve been really thoughtful as we’ve talked to parents and teens to come […]
Read More