Oracle Corp
How to know when it’s time to worry about the AI bubble
Wall Street is undergoing a minor AI-nxiety attack. Long-percolating concerns about the massive and perhaps undisciplined tech-company investments in artificial-intelligence infrastructure and the lavish valuations bestowed on these businesses started to boil over last week. And with it, a vigorous debate over whether a hazardous equity bubble is underway, on the way or in no […]
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Ex-Meta global affairs chief says tech should stay out of politics
Former Meta global affairs chief Nick Clegg said Friday that tech companies should keep a distance from politics and people should feel “uneasy” about those firms intervening in the public space. “I generally don’t think that politics and tech innovation mixes very well,” Clegg told CNBC’s “Squawk Box.” “I think it’s quite good when they kind […]
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Anthropic to triple international workforce in global AI push
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Anthropic is stepping up its global enterprise ambitions. The $183 billion artificial intelligence startup has grown its business customer base from under 1,000 to more than 300,000 in just two years, as demand for Claude’s models accelerates across industries and regions. On Friday, the company […]
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OpenAI’s historic week has redefined the AI arms race for investors: ‘I don’t see this as crazy’
OpenAI CEO Sam Altman listens to questions at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters This week, OpenAI redefined what momentum — and risk — look like in the artificial intelligence arms race. Now comes the hard part: Executing on CEO […]
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CNBC Daily Open: Trump’s new tariffs on drugs and trucks — and bathroom vanities
U.S. President Donald Trump gestures as he takes questions from the press after signing an executive order on a deal that would divest TikTok’s U.S. operations from ByteDance from its Chinese owner ByteDance, at the White House in Washington, D.C., U.S., Sept. 25, 2025. Kevin Lamarque | Reuters A foreign-made heavy truck crosses the U.S. […]
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Stock futures are little changed ahead of key inflation report: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were hovering near the flatline night ahead of crucial inflation data. Futures tied to the Dow Jones Industrial Average added 16 points, or less than 0.1%. S&P futures and Nasdaq 100 futures each rose by less than 0.1%. Investors are awaiting […]
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Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion. The deal satisfies the requirements of a national security law requiring China-based […]
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Oracle, Silver Lake and MGX will be main investors in TikTok U.S., sources say
Oracle, Silver Lake and Abu Dhabi’s MGX will be main investors in TikTok’s U.S. business, sources told CNBC’s David Faber on Thursday. Those three entities will control roughly 45% of TikTok USA, Faber reported. ByteDance, TikTok’s Chinese parent, will own 19.9%, with the remaining 35% in the hands of ByteDance investors and new holders. President […]
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Databricks commits to $100 million in OpenAI spending as high-valued startups team up in AI
Databricks co-founder and CEO Ali Ghodsi. Databricks OpenAI and Databricks are two of the most highly valued tech startups on the planet. Now they’re working together. Databricks, a data analytics software vendor, said Thursday that it has committed to spending $100 million over multiple years with OpenAI. Databricks is making it easier for customers to […]
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Stocks making the biggest premarket moves: Intel, Oracle, Lithium Americas, Opendoor and more
Check out the companies making the biggest moves in premarket trading: Oracle — The database software company fell 3% as worries around the AI trade continue to drag the stock lower. Rothschild & Co Redburn initiated coverage of Oracle with a sell rating, saying the market is “materially” overestimating Oracle’s contracted cloud revenues. It sees […]
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