Tag Archives: CNBC

Elon Musk’s xAI raising $10 billion at $200 billion valuation: sources

The fundraising comes weeks after Musk raised $10 billion in debt and equity at what was believed to be a roughly $150 billion valuation, according to Faber.

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Top Amazon reseller Pattern opens at $13.50 in Nasdaq debut after IPO raised $300 million

The Utah-based company ranks No. 2 among the top U.S. sellers on Amazon’s third-party marketplace.

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Apple CEO Tim Cook says iPhone price hikes are not tied to tariffs

Apple CEO Tim Cook said the latest iPhone price hikes aren’t connected to President Donald Trump’s sweeping tariff plans.

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iPhone 17 goes on sale globally as Apple faces China rivals and AI doubts

People around the world flocked to Apple stores on Friday morning to pick up the new generation of iPhones.

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Nvidia just spent over $900 million to hire Enfabrica CEO, license AI startup’s technology

In a deal reminiscent of acquihires by Meta and Google, Nvidia hired Enfabrica’s CEO and other employees of the startup, and licensed its technology.

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CrowdStrike pops 12% on upbeat long-term guidance at investor day

The cybersecurity firm shared strong long-term guidance this week and announced plans to buy AI security company Pangea.

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Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible investment’

“We’re going to become a very large customer of Intel CPUs, and we’re going to be a large supplier of GPU chiplets into Intel” chips, Huang said.

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How robotic beehives use AI to protect bees from climate change

A robotic beehive from startup Beewise is using AI to protect bees from the various impacts of climate change. Essential bee colonies are dying off quickly.

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Notion rides AI boom to $500 million in annual revenue, but Microsoft competition looms

Notion, which competes with Google and Microsoft in productivity software, has seen soaring revenue growth thanks to a host of AI tools.

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Google adds Gemini to Chrome for all users in push to bolster AI search

AI has changed the competitive landscape in search, with OpenAI, Perplexity and Anthropic all diving into the space.

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