Start-up
Nvidia, Bill Gates-backed robotics startup FieldAI hits $2 billion valuation after recent raise
A FieldAI robot. Courtesy: FieldAI Bill Gates-backed Robotics startup FieldAI has raised $405 million in two funding rounds, with investments from Nvidia‘s venture capital arm and Amazon founder Jeff Bezos’ family office. The funding comes during an “aha moment,” founder and CEO Ali Agha told CNBC, as software and hardware reach an inflection point. “We […]
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Databricks says it’s valued at over $100 billion in latest funding round
Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance […]
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Elon Musk’s xAI loses co-founder Igor Babuschkin, who’s leaving to start venture firm
Igor Babuschkin, co-founder of xAI, during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. David Paul Morris | Bloomberg | Getty Images Igor Babuschkin, a founding member of Elon Musk’s xAI, said Wednesday that he’s leaving the artificial intelligence startup to launch his own venture firm. “Today […]
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Aaron Rodgers-backed startup aims to be the IMDb for pro athletes
Aaron Rodgers, #8 of the Pittsburgh Steelers, in action during Minicamp at UPMC Rooney Sports Complex in Pittsburgh, Pennsylvania, on June 10, 2025. Justin K. Aller | Getty Images Sport | Getty Images NFL quarterback Aaron Rodgers is backing a startup that hopes to make athletes more accessible to companies, charities and sponsors. AthleteAgent.com launched […]
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How one real estate startup is taking on record heat this summer
Runwise co-founders (L-R) Jeff Carleton, Lee Hoffman and Mike Cook. Courtesy of Runwise A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
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OpenAI in talks with investors about share sale at $500 billion valuation
Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. David A. Grogan | CNBC OpenAI is in talks with investors about a potential stock sale at a valuation of roughly $500 billion, according […]
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Superhot geothermal energy could unearth big power boost for the AI era
Geothermal energy has been used for thousands of years, powering heating systems as early as the 14th century. It’s getting a big upgrade. Beyond geothermal, there’s superhot geothermal, which uses ultra-deep drilling to access extremely hot rocks, extracting 5 to 10 times more power per well. Quaise Energy, a Massachusetts-based startup, is in the market […]
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Anthropic in talks to raise fresh capital at $170 billion valuation
Anthropic is in talks to raise between $3 billion and $5 billion in a funding round led by Iconiq Capital that would value the artificial intelligence startup at $170 billion, CNBC has confirmed. The OpenAI competitor has been reeling in billions of dollars at a rapidly increasing valuation reflecting investors’ thirst for a piece in […]
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Samsung backs South Korean AI chip startup Rebellions ahead of IPO
The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in AI chips. Rebellions South Korean artificial intelligence chip startup Rebellions has raised money from tech giant Samsung and is targeting a funding round of up […]
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Amazon venture fund backs startup developing fix for return fraud
Packages ride on a conveyor belt during Cyber Monday at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images Amazon is turning to the startup world to find a potential fix for one of its thorniest logistics problems. Retailers of all sizes have in recent years […]
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