Technology
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images President Donald Trump has invited executives from some of the biggest U.S. […]
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Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
Deepak Ahuja Source: Verily Redwood Materials, the electric vehicle battery recycling business started by Tesla board member and former CTO JB Straubel, is bringing on another former Tesla executive, Deepak Ahuja, as CFO, the company announced Monday. Ahuja served as finance chief at Tesla from March 2017 to March 2019, his second term at Elon Musk’s […]
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Hassett says AI isn’t costing anybody their job right now — but tech layoffs keep coming
White House National Economic Council Director Kevin Hassett on Monday shrugged off any negative impact of artificial intelligence on employment, saying the emergent technology isn’t costing anyone their jobs right now. “There’s no sign in the data that AI is costing anybody their job right now, but we are studying the future of AI and […]
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Micron shares are rising again despite weak overall market. Why memory chip rally seems unstoppable
Sopa Images | Lightrocket | Getty Images Micron has become a standout favorite during the ongoing memory chip rally as tech companies scramble to secure supply amid shortages. The stock is up yet again on Monday even as the overall market is sagging on rising energy prices and concerns of renewed fighting between the US […]
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‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands
The Nasdaq will rise to 30,000 points in the next year as a bumper earnings season continues to bolster enthusiasm for AI stocks, Dan Ives, managing director at Wedbush Securities, told CNBC’s Squawk Box Europe on Monday. A solid tech earnings season has seen investor jitters earlier this year replaced with bullishness over the AI […]
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Why AI demand is pushing data centers to the edge of Europe
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Investment in data centers is surging. After more than $61 billion in deals in 2025, the sector is expected to require nearly $7 trillion by 2030 to meet rising AI demand. In Europe, data centers are moving away from saturated hubs toward […]
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Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
Cerebras CEO Andrew Feldman speaks to the media at the Colovore office in Santa Clara, Calif., on March 12, 2024. The Washington Post | Getty Images Artificial intelligence chipmaker Cerebras Systems has increased the estimated price range for its initial public offering. It’s now looking to sell at $150 to $160 per share, according to […]
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OpenAI in talks with EU over access to new cyber model but Anthropic still holding out on Mythos
OpenAI is in discussions with the European Union over access to its new cyber model, but Anthropic is still holding out on releasing Mythos to the bloc, the European Commission has said. OpenAI announced Thursday that GPT-5.5-Cyber, a variation of its latest AI model, was rolling out in limited preview capacity to vetted cybersecurity teams. […]
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Circle raises $222 million from BlackRock, Apollo and others in Arc token presale valued at $3 billion
Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain, as the company looks to expand beyond its core business of issuing the USDC stablecoin, CNBC has learned. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment. Other investors include […]
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Nintendo plunges 8% after Switch 2 price hike and weak sales forecast
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo shares plunged on Monday after the gaming giant warned sales […]
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