Versant Media, the media company spun off from NBCUniversal that owns MS NOW and CNBC, has invested in microdrama streaming platform GammaTime as part of a Series A funding round. The partnership will…
TipRanks compiled recommendations from Wall Street analysts highlighting three stocks positioned to benefit from AI-driven demand, with CNBC identifying Datadog as a top pick after the company reporte…
Elon Musk is considering merging SpaceX and Tesla, a deal that would create a combined company valued at $3.4 trillion, making it the fifth most valuable publicly-traded firm globally. Despite the mas…
A developer built a production-grade Market Sentiment API that ingests unstructured global financial news feeds, parses entities, and determines sentiment polarity to expose machine-readable market si…
Foundation Future Industries, a San Francisco startup founded in 2024, deployed two Phantom MK-1 humanoid robots to Ukraine earlier this year for logistics testing in combat zones, marking the first k…
Software stocks surged in late May, led by Snowflake and Okta, as investors rewarded companies with visible AI strategies, with the iShares software ETF rising 8% for the week and closing May up 21%—i…
Dell Technologies reported quarterly revenue up nearly 88% year over year, driven by AI server revenue that surged 757% to $16.1 billion, according to CNBC. Adjusted earnings per share of $4.86 beat c…
SentinelOne shares fell 12% after the company announced plans to cut 8% of its full-time workforce to focus on artificial intelligence and data investments. CEO Tomer Weingarten told analysts the layo…
Andy Burnham, Mayor of Greater Manchester and a challenger to Prime Minister Keir Starmer, called for tighter regulation of AI, Big Tech, and key industries in a Times article, warning that regulatory…
The European Commission announced on May 29, 2026, that it will intensify discussions with the U.S. administration regarding advanced AI models with cyber capabilities, following concerns over Anthrop…
Anthropic's rapid growth represents only the beginning of a broader artificial intelligence market rally, according to analysts. The AI company's expansion signals that the sector's current momentum i…
Samsung Electronics has begun shipping samples of its next-generation HBM4E high-bandwidth memory chip to global customers, marking an "industry first" for the 12-layer design. The chip offers speeds …
Dell Technologies reported 88% year-over-year revenue growth for the quarter, reaching $43.84 billion and beating analyst expectations, driven by a 757% surge in AI server revenue to $16.1 billion. Th…
CNBC has named Ken Brown managing editor of digital and editorial strategy, effective June 8. Brown, previously at The Information and a longtime senior editor at The Wall Street Journal, will oversee…
Oura launched the Ring 5, a smart ring that is 40% smaller than its predecessor at 6.09mm wide, and introduced blood pressure pattern detection and AI-powered Health Radar monitoring. The device, pric…
Mistral is exploring the design of its own chips as it ramps up an AI infrastructure build, according to a CNBC report. The French startup aims to gain greater control over its compute stack amid comp…
Mistral CEO Arthur Mensch announced the company is exploring the design of its own chips for AI data centers. The move would reduce reliance on external suppliers and optimize hardware for Mistral's A…
China's industrial profits surged 24.7% year-on-year in April, driven by stronger exports tied to global AI hardware and component demand, according to National Bureau of Statistics data reported by R…
China has expanded travel restrictions to include top AI researchers and executives at private firms, requiring government approval before they can leave the country. The measures, which intensified a…
Micron Technology reached a $1 trillion market capitalization for the first time on Tuesday, May 26, 2026, after its shares surged 18% in a single trading session. The rally was driven by strong artif…