Technology
Block says gross profit in 2028 will approach $16 billion as company unveils 3-year outlook
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021. Handout | Via Reuters Block said Wednesday that it expects gross profit to increase in the mid-teens […]
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Nvidia reports third-quarter earnings after the bell
Nvidia founder and CEO Jensen Huang reacts during a press conference at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on October 31, 2025. Jung Yeon-je | Afp | Getty Images Artificial intelligence chipmaker Nvidia is scheduled to report fiscal third-quarter earnings on Wednesday after the market closes. Here’s what Wall Street is expecting, […]
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OpenAI rolls out ‘ChatGPT for Teachers’ for K-12 educators and districts
Zoom In IconArrows pointing outwards ChatGPT for Teachers Courtesy of OpenAI OpenAI on Wednesday announced ChatGPT for Teachers, a version of its artificial intelligence chatbot that is designed for K-12 educators and school districts. Educators can use ChatGPT for Teachers to securely work with student information, get personalized teaching support and collaborate with colleagues within […]
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Perplexity announces free product to streamline online shopping
Davide Bonaldo | Lightrocket | Getty Images Perplexity on Wednesday announced it will roll out a free agentic shopping product for U.S. users next week, as consumers ramp up spending for the holiday season. “The agentic part is the seamless purchase right from the answer,” Dmitry Shevelenko, Perplexity’s chief business officer, told CNBC in an […]
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Luma AI raises $900 million in funding round led by Saudi AI firm Humain
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Video generation startup Luma AI said it raised $900 million in a new funding round led by Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The financing, which included participation from Advanced Micro Devices’ venture arm and existing investors Andreessen Horowitz, […]
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Alphabet stock surges on Gemini 3 AI model optimism
VCG | Visual China Group | Getty Images Alphabet stock jumped 5% on Wednesday after Google debuted its latest artificial intelligence model, Gemini 3, sparking optimism from investors. The new model is an improvement on its predecessor, Gemini 2.5, which Google released about eight months ago. Google said Gemini 3 allows users to get […]
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Walmart in talks to acquire Israeli-founded startup to combat scams, counterfeits
Walmart is in talks to buy a startup called R&A Data, a company founded by two Israeli scientists that works to reduce scams and counterfeits on online marketplaces, according to people familiar with the matter and records reviewed by CNBC. The potential acquisition would come at a key time for the largest U.S. retailer as […]
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Adobe to buy Semrush for $1.9 billion, sending marketing platform’s shares up 70%
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe said Wednesday that it reached a deal to acquire search engine marketing platform Semrush for $1.9 billion to boost its tools for marketers in the age of […]
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Watch: Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum
The stream was slated to start at 11:00 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above. Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will speak in Washington at the U.S.-Saudi Investment Forum Wednesday at The Kennedy Center. […]
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The $500 billion Nvidia question, and 4 others, CEO Jensen Huang must answer tonight
Nvidia earnings, the most important report of the quarter, will be out after Wednesday’s close, and AI rockstar CEO Jensen Huang will be on the hot seat to answer tough questions about the spiraling artificial intelligence spending promises and how these tech companies — big and not so big — are going to pay for […]
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