Tag Archives: CNBC

Joby Aviation says it is doubling production at its air taxi manufacturing hub

The eVTOL maker has already delivered its first air taxi to the United Arab Emirates, with plans to launch service in the region next year.

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Commerce Secretary Lutnick says China is only getting Nvidia’s ‘4th best’ AI chip

“We don’t sell them our best stuff, not our second best stuff, not even our third best,” Lutnick told CNBC’s Brian Sullivan.

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Crypto super PAC Fairshake reports $141 million war chest

Coinbase contributed $25 million to Fairshake in the first half of 2025, part of $52 million raised so far this year.

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Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund

The Bezos Earth fund has disbursed roughly $2.3 billion in grants to “preserve and protect the natural world” since launching in 2020.

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AMD to resume MI308 AI chip exports to China

The U.S. Commerce Department told AMD that it will resume reviewing license applications required to send its MI308 products to China.

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Bitcoin is nearly double where it was a year ago. This is what’s behind the run

Firms like GameStop and Trump Media are following the Michael Saylor playbook and treating bitcoin as a strategic reserve.

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It’s a huge week for crypto in D.C. But the industry may not get everything it wants

The market structure package called the CLARITY Act could be held up as Democrats have concerns about President Trump’s growing crypto empire.

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Coreweave stock pops after company announces $6 billion AI data center in Pennsylvania

CoreWeave, which rents out access to Nvidia AI chips, has been on a tear since it went public at the end of March.

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Apple makes $500 million deal with miner MP Materials for rare earths magnets

“American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said Apple CEO Tim Cook.

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China’s Baidu to bring its driverless cars to Uber globally

The move will help Baidu internationalize its driverless car business, while Uber will gain a proven partner to take on autonomous driving rivals.

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