Technology
CNBC Daily Open: Rumbles within the Magnificent Seven
Vcg | Visual China Group | Getty Images There’s movement going on in the Magnificent Seven group of stocks. Shares of Alphabet, the parent of Google, rose 2.4% on Wednesday, to give the firm a market capitalization of $3.89 trillion. Meanwhile, Apple, the parent of the iPhone (so to speak), retreated 0.8%, and ended the […]
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The boldest bitcoin predictions for 2026 are in — from $75,000 to $225,000
After an all-time high and a big tumble for bitcoin last year, industry executives and investors told CNBC that the cryptocurrency could reach new heights in 2026 — but with the potential for huge volatility. In CNBC’s annual roundup of bitcoin predictions, several commentators forecast a wide range of prices for bitcoin in 2026, dropping […]
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Alphabet’s market cap surpasses Apple’s for first time since 2019
Google CEO Sundar Pichai gives a thumbs up as he arrives to attend the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters Google parent company Alphabet saw its market capitalization surpass Apple’s for the first time since 2019. Alphabet’s market cap closed at $3.88 trillion on Wednesday. […]
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Google, Character.AI to settle suits involving minor suicides and AI chatbots
Alphabet CEO Sundar Pichai. Klaudia Radecka | Nurphoto | Getty Images Google and Character.AI will settle with families who sued the companies over harm to minors, including suicides, allegedly caused by artificial intelligence chatbots. According to court documents filed this week, the families and companies have agreed to work out settlement terms. In one case, […]
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OpenAI launches ChatGPT Health to connect user medical records, wellness apps
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters OpenAI on Wednesday announced ChatGPT Health, which will allow users to securely connect their medical records and wellness apps to the artificial intelligence chatbot. ChatGPT Health is not intended for diagnosis and treatment, and […]
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Anthropic signs term sheet for $10 billion funding round at $350 billion valuation
Anthropic has signed a term sheet for a $10 billion funding round at a $350 billion valuation, CNBC confirmed on Wednesday. Coatue and Singapore sovereign wealth fund GIC are leading the financing, according to a source familiar who asked not to be named because the discussions are confidential. A representative for Anthropic declined to comment. […]
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Tesla CEO Musk brushes off Nvidia self-driving competition as 5 or 6 years away
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Tesla CEO Elon Musk said Tuesday that it will take several years […]
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Air taxi maker Joby buys new Ohio factory, more than doubles manufacturing footprint as it vies for FAA approval
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals for electric vertical takeoff and […]
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