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Tag Archives: CNBC
Microsoft says employees will be expected in office three days a week
Microsoft previously had a remote work policy that allowed most employees to work from home more frequently without manager approval.
Abu Dhabi launches low-cost AI reasoning model in challenge to OpenAI, DeepSeek
The UAE has sought to position itself as a global leader in AI in a bid to diversify its economy beyond crude oil dependency.
China’s Unitree plans $7 billion IPO valuation, Reuters reports, as humanoid robot race heats up
Unitree’s listing plans could make it one of the earliest companies specializing in humanoid robots to go public.
Chinese auto giant GAC targets 17-fold boost to European sales by 2027
GAC showed off its Aion V and Aion UT fully electric cars at the IAA Mobility show in Munich, Germany.
Nebius shares soar 51% in premarket on Microsoft AI deal
The pact between Nebius and Microsoft suggests demand for the powerful infrastructure needed to train and run AI models remains strong.
AI firm Mistral valued at $14 billion as chip giant ASML takes major stake
ASML pumped 1.3 billion euros in Mistral AI’s 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company.
Ex-Meta employee files whistleblower suit for alleged security flaws at WhatsApp
A former Meta employee sued the company over allegations that its WhatsApp service contained cybersecurity failures that could compromise user privacy.
Nvidia’s Huang joining Trump on UK state visit next week
OpenAI’s Sam Altman, Blackstone CEO Steven Schwartzman, and BlackRock CEO Larry Fink will also be attending, according to Sky News.
StubHub aims to raise up to $9.2 billion in IPO, pricing at $22 to $25 per share
The IPO market has bounced back, with debuts from Peter Thiel-backed cryptocurrency exchange Bullish, design software company Figma and crypto firm Circle.
Chinese EV maker Xpeng eyes global launch of mass-market Mona brand in 2026
Xpeng plans to launch its mass-market Mona brand outside of China, CEO He Xiaopeng told CNBC.