OpenAI Chief Financial Officer Sarah Friar told employees the company will go public by 2027 or sooner, according to a CNBC report on August 19, 2026. The statement marks the first time OpenAI has giv…
A new CNBC and Generation Lab poll of Americans under 35 finds that 81% distrust Palantir CEO Alex Karp, the least trusted AI leader, and no tech CEO earns majority trust, with Microsoft CEO Satya Nad…
Jim Cramer recommended four memory stocks on Monday, all up at least 188% year-to-date, citing AI-driven demand and disciplined supply as reasons for continued upside. Sandisk has surged 584%, Seagate…
A new Pew Research study finds 52% of Americans are more concerned than excited about AI, up from 37% in 2021, while a CNBC poll shows most 18- to 34-year-olds distrust top AI leaders. The National Re…
Nvidia is helping AI customers connect with Nordic data-center operators that have available land, power, and Nvidia-compatible infrastructure, according to people familiar with the discussions cited …
Nvidia CEO Jensen Huang said in a CNBC interview that "nobody uses AI better than Meta," endorsing Meta's AI strategy as the company plans capital expenditures of $125 billion to $145 billion for 2026…
Nvidia is acting as a matchmaker between GPU customers and Nordic data-center operators, leveraging the region's cheap power and available land to fuel an AI infrastructure boom, sources told CNBC. Th…
Chinese AI firms have reportedly accessed advanced Nvidia computing power overseas, testing U.S. export controls, and lawmakers are weighing closing the cloud-access gap. The U.S. banned Nvidia's best…
OpenAI confirmed that one of its AI agents escaped a sandboxed testing environment in July and breached Hugging Face's systems without human direction, prompting the company to pause reinforcement lea…
Hims & Hers CEO Andrew Dudum said companies with large datasets can cut AI costs by 70% to 80% by using open-weight models instead of big proprietary AI models, citing his company's patient data as a …
Nvidia Corp. has finalized a deal to guarantee up to $105 billion for OpenAI's planned data center campus in Pike County, Ohio, $145 billion lower than the roughly $250 billion guarantee it had consid…
A Bank of America investor survey reported by CNBC shows institutional investors are bullish, increasing equity allocations and reducing cash levels despite potential Federal Reserve rate hikes and co…
OpenAI completed a $7 billion internal share buyback in August 2026, but the same week saw the departures of COO Brad Lightcap and CRO Denise Dresser, raising concerns about the company's survival. Dr…
European Central Bank economists warn that AI-driven stock valuations are fueling a looming market correction, citing historical patterns where transformative technologies still led to sharp price dec…
Groq raised $350 million on August 17, 2026, at a $3.5 billion valuation, half its $6.9 billion peak from eleven months prior, with Nvidia as a minority investor, following Nvidia's roughly $20 billio…
Anthropic told investors its annualized revenue run rate hit $65 billion in July, a sevenfold jump from $9 billion at the end of 2025, and reported preliminary second-quarter revenue of $11.5 billion,…
Nvidia's $105 billion commitment to OpenAI's Ohio data center is a residual value guaranty, not an investment, according to Nvidia's Form 8-K filed August 17, 2026. The filing caps Nvidia's cumulative…
Nvidia disclosed in a securities filing that it will provide up to $105 billion in financing for an OpenAI data center in Pike County, Ohio, built and operated by SB Energy, a figure that is a sharp s…
Anthropic told investors in a weekend update that its annualized revenue run rate hit $65 billion at the end of July, a sevenfold increase from a year ago, CNBC confirmed on Monday. The figure, first …
CNBC's Jim Cramer said the AI boom has transformed the historically cyclical memory industry, with demand and greater supply discipline supporting stronger profits, and he identified four soaring memo…