NVIDIA Corp
Hugo Barra’s return to Meta 5 years after exit underscores Zuckerberg’s AI urgency
Hugo Barr, formerly VP of VR at Facebook, has returned to Meta Money Sharma | AFP | Getty Images During Hugo Barra’s first stint at Meta — still known at the time as Facebook — he was a top executive in the virtual reality business. In the nearly five years he’s been gone, Meta’s obsession […]
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Arm jumps 13% in premarket after saying first in-house chip set to generate $15 billion in revenue
Rene Haas, chief executive officer of Arm Holdings Plc, holds the AGI CPU chip during the Arm Everywhere event in San Francisco, California, US, on Tuesday, March 24, 2026. David Paul Morris | Bloomberg | Getty Images Arm jumped in early market trading Wednesday after the company said its newly released in-house chip would generate […]
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SK Hynix files confidentially for U.S. listing as it rides ‘unprecedented growth’ in memory market
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images SK Hynix revealed Wednesday that it made a confidential filing with the U.S. Securities and Exchange Commission for a potential listing on Wall Street […]
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Meta makes ‘big bet’ on top leaders with stock options as pressure builds to catch up in AI
Arda Kucukkaya | Anadolu | Getty Images Meta is granting stock options to key leaders in an effort to retain talent as pressure intensifies on the company to bolster its position in artificial intelligence. The executives in the incentive plan include CFO Susan Li, technology chief Andrew Bosworth, Chief Product Officer Christopher Cox and operating […]
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OpenAI raises additional money to bring record funding round to $120 billion, CFO tells Cramer
OpenAI is raising an additional $10 billion from investors as part of its historic funding round, CFO Sarah Friar told CNBC’s Jim Cramer on Tuesday. The fresh capital brings OpenAI’s record fundraise to “north of $120 billion,” Friar said in an interview on “Mad Money.” That well exceeds the ChatGPT creator’s initial target of $100 […]
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Arm stock pops 6% as CEO Haas issues $15 billion revenue expectation for new chip
Arm Holdings stock popped 6% in after-hours trading on Tuesday as CEO Rene Haas announced 2031 annual revenue expectations that were more than six times what it was in 2025. Haas unveiled Arm’s first in-house chip on Tuesday at an event in San Francisco, with Meta as the initial customer. CNBC got an exclusive first […]
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Google partners with Agile Robots, growing its AI robotics footprint
Intrinsic’s flagship product, Flowstate, is a web-based platform that allows users to build robotic applications without having to write thousands of lines of code. Intrinsic Google is adding another robotics partnership to its belt as it leans into robotics as a key bet for artificial intelligence. Agile Robots develops intelligent, sensor-based robotic arms and humanoid […]
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Baltimore is first U.S. city to sue over Grok deepfake porn as legal pressure mounts on Musk’s xAI
The logo of the artificial intelligence company xAI appears on the screen of a smartphone placed on a surface reflecting an abstract blue illustration. Samuel Boivin | Nurphoto | Getty Images Lawsuits against Elon Musk’s xAI are piling up, with Baltimore becoming the first major U.S. city to file a complaint against the company concerning […]
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Arm releases first in-house chip, with Meta as debut customer
For more than 35 years, Arm Holdings has licensed its instruction sets to the world’s biggest chipmakers and collected royalties on every processor made with its designs. Now the U.K.-based company is making physical silicon of its own for the first time. Arm CEO Rene Haas unveiled his company’s first in-house chip on Tuesday at […]
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Micron stock sinks for a fourth straight day despite dominant earnings report
People visit Micron booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images Micron‘s blowout second-quarter earnings report fueled by a surge in memory demand hasn’t been a boon for the stock. Since […]
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