Tag Archives: CNBC

Nvidia’s $100 billion OpenAI deal showcases chipmaker’s growing investment portfolio

The sheer number of Nvidia’s venture and public equity investments shows how central the company has become to the Silicon Valley and AI ecosystems.

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Chinese driverless tech startup Momenta is raising funds at a roughly $6 billion valuation

Momenta has signed deals with BMW and Mercedes-Benz among others to equip their car with its technology.

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How Google shifted from a bastion of accurate information to a steward of free expression

After years of rolling out features designed to provide users with factual and accurate information, Google is now touting its commitment to “free expression.”

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China’s Xiaomi is planning a next-gen phone chip, but won’t release one yearly like Apple

Xiaomi launched the high-end XRing 01 chip last year and committed $7 billion of investment over the next 10 years to develop its own mobile semiconductors.

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China stays conspicuously quiet after Trump’s TikTok deal declaration

U.S. President Donald Trump says that he’s received Beijing’s nod on a deal that would see TikTok stay alive in the U.S.

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Fintech Checkout.com’s valuation falls to $12 billion

The internal valuation of $12 billion represents a significant decline from the $40 billion assigned to Checkout.com in a 2022 funding round.

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NASA Marshall Space Flight Center director Joseph Pelfrey resigns

The director of NASA’s Marshall Space Flight Center in Huntsville, Alabama, announced his resignation on Thursday.

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Tesla’s continuing sales slump in Europe weighs on stock price

Tesla EV registrations in Europe fell by more than 20% year-over-year in August, according to data from the European Automobile Manufacturers’ Association.

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Judge in Anthropic copyright case preliminarily approves $1.5 billion settlement with authors

The lawsuit alleged that the AI startup illegally downloaded material from pirated databases.

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Trump approves TikTok deal through executive order, Vance says business valued at $14 billion

President Donald Trump on Thursday approved a proposed deal that would keep TikTok alive in the U.S.

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