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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
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
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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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
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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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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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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