Anthropic told investors its annualized revenue run rate climbed to $65 billion in July, up about sevenfold from a year earlier, according to CNBC.…
Nvidia's stock has rebounded since late July, and CNBC outlines three reasons the rally can continue, citing the company's dominant position in AI chips and strong demand for its products.…
Nvidia Corp. will guarantee up to $105 billion in lease and power obligations for OpenAI's new data center in Pike County, Ohio, the largest single AI infrastructure commitment in history, with the fi…
CNBC's Jim Cramer said investors shouldn't be scared away by the big rallies in CrowdStrike and Palo Alto, arguing their earnings can justify higher valuations as AI threats grow. He highlighted that …
Nvidia Corp. is backing financing for an OpenAI data center in Ohio, according to a CNBC report, as technology giants invest billions to scale capacity for surging AI demand. The move underscores Nvid…
OpenAI President Greg Brockman dismissed concerns about recent leadership changes at the company in an exclusive interview with CNBC, stating that the transitions are part of a planned evolution and t…
Alibaba released Qwen3.8-27B under the Apache 2.0 license and opened the weights for its flagship Qwen3.8-Max model on August 17, according to CNBC. The 27B model has 27,781,427,952 BF16 parameters an…
Male Gen Zers are leaving the US labor market at record rates, with labor force participation for men aged 16 to 24 falling to 56.1% in July from 69% in 2000, according to Bureau of Labor Statistics d…
A CNBC and Generation Lab study of 18- to 34-year-olds found that a majority distrust nine major AI industry leaders, with Palantir CEO Alex Karp facing the highest distrust at 81%, followed by Palant…
Anthropic's preliminary second-quarter revenue exceeded $11.5 billion, more than double the $4.73 billion reported for the first quarter and up from $787 million in Q2 2025, according to documents rev…
Apple Inc. is testing memory chips from China's ChangXin Memory Technologies (CXMT) across its product lines, including iPhones and MacBooks, and is seeking White House approval to use them in product…
CNBC reported that Anthropic's preliminary second-quarter revenue topped $11.5 billion, citing documents seen by Bloomberg News, compared with $787 million in the same period a year earlier and $4.73 …
Nvidia reported a 122,764,805-share position in SpaceX valued at about $21 billion as of June 30, representing roughly 0.9% of SpaceX's total common stock and 1.7% of its Class A shares, according to …
Last week's market rally was driven by moderated inflation and new financing developments in the artificial intelligence trade, with Intel and Nvidia fueling gains. The record-breaking action on Wall …
OpenAI CFO Sarah Friar told investors that the company's enterprise business now generates more revenue than its consumer business, marking a strategic shift. The disclosure came during investor meeti…
OpenAI's C-suite turnover is raising a 'huge red flag' for investors as the company moves toward a mammoth IPO, according to CNBC. The talent exodus adds to concerns about the company's stability and …
SK hynix has outlined a 1,100 trillion-won (about $720 billion) mid- to long-term investment strategy for memory production in South Korea, covering 600 trillion won for the Yongin Semiconductor Clust…
Arm co-founder Hermann Hauser warned that while the AI revolution is real, the current investment environment carries bubble risk, telling CNBC's The Tech Download podcast that the technology will tra…
Airbnb CEO Brian Chesky said AI now writes 60% of the company's new code and has cut concept-to-launch time by as much as 60%, helping Airbnb post $3.6 billion in second-quarter revenue. Chesky told C…
Steve Eisman, the investor known for predicting the 2008 housing crash, warned on CNBC's 'Fast Money' that OpenAI and Anthropic together account for roughly 70% of AI-related revenue for major hypersc…