Technology
Google and Nvidia VC arms back vibe coding startup Lovable at $6.6 billion valuation
The VC arms of Google and Nvidia have invested in Swedish vibe coding startup Lovable’s $330 million Series B at a $6.6 billion valuation, the company announced on Thursday. The news confirms an earlier story from CNBC, which reported on Tuesday that Lovable had raised at that valuation, trebling its valuation from its previous round […]
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Visa says new AI shopping tool has helped customers with hundreds of transactions
Mustafa Hatipoglu | Anadolu | Getty Images Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company’s product event in April. The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task […]
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What’s ahead for media in 2026? Anonymous executives make bold predictions
CEO and President of Warner Bros. Discovery David Zaslav and CEO of Paramount Skydance, David Ellison. Mike Blake | Brendan McDermid | Reuters It’s time for everyone’s favorite holiday tradition — CNBC’s annual anonymous media executive predictions! CNBC spoke with 16 of the most powerful and influential executives in U.S. media, sports and entertainment, who […]
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CNBC Daily Open: Oracle’s debt seems to be affecting data center funding
A view of Oracle headquarters on September 11, 2023 in Redwood Shores, California. Justin Sullivan | Getty Images The apprehension investors have surrounding Oracle has spilled over from manifesting in its stock price — which has fallen nearly 50% from its all-time high on Sept. 10 — to affecting its projects. Asset management firm Blue […]
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SoftBank leads decline in Japanese tech stocks as worries over AI spending spill over to Asia
TOKYO, JAPAN – FEBRUARY 03: SoftBank Group CEO Masayoshi Son delivers a speech during an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. SoftBank and OpenAI announced that they have agreed a partnership to set up a joint venture for artificial intelligence services in Japan. Tomohiro Ohsumi | Getty Images […]
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CNBC Daily Open: Concerns over Oracle’s debt spill over into its projects
A view of Oracle’s headquarters in Redwood Shores, California. Justin Sullivan | Getty Images The apprehension investors have surrounding Oracle has spilled over from manifesting in its stock price — which has fallen nearly 50% from its all-time high on Sept. 10 — to affecting its projects. Asset management firm Blue Owl Capital reportedly pulled […]
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MetaX and Moore Threads’ IPOs underscore Chinese chipmakers’ growing challenge to Nvidia
MetaX booth at the Shanghai New Expo Center in Shanghai, China, on July 26, 2025. (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images It felt like déjà vu when shares of chipmaker MetaX Integrated Circuits soared 700% in its Shanghai market debut on Wednesday. Moore Threads surged over 400% on […]
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Coinbase adds prediction markets and stock trading in push to be one-stop trading app
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase is making its biggest push yet to reposition itself as a mainstream trading and financial platform, moving beyond crypto and into the broader retail […]
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Micron forecasts surging revenue as computer memory demand for AI remains high
The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron Technology reported fiscal first-quarter results on Wednesday that beat Wall Street expectations for sales and earnings per share, and provided a strong forecast for the current quarter. Micron shares rose 5% in […]
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Senate confirms private astronaut, Musk ally Jared Isaacman as NASA chief
Jared Isaacman, U.S. President Donald Trump’s nominee to be administrator of the National Aeronautics and Space Administration (NASA) testifies during a Senate Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 9, 2025. Ken Cedeno | Reuters The U.S. Senate on Wednesday confirmed billionaire private astronaut Jared Isaacman to become President Donald Trump’s […]
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