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Anthropic to buy billion in Azure capacity in new deal with Microsoft, Nvidia

Anthropic to buy $30 billion in Azure capacity in new deal with Microsoft, Nvidia

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Microsoft on Tuesday announced new strategic partnerships with Nvidia and the artificial intelligence startup Anthropic, the latest sign that the company is working to reduce its dependence on OpenAI. As part of the agreement, Microsoft will invest $5 billion into Anthropic, while Nvidia will invest $10 billion into the startup. Anthropic has committed to purchasing […]

Anthropic to buy $30 billion in Azure capacity in new deal with Microsoft, Nvidia Read More »

Cloudflare down: Company blames ‘unusual’ spike in traffic before outage errors

Cloudflare down: Company blames ‘unusual’ spike in traffic before outage errors

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Omar Marques | Lightrocket | Getty Images Internet infrastructure company Cloudflare was hit by an outage on Tuesday, knocking several major websites offline for global users. OpenAI’s ChatGPT and Elon Musk’s social media platform X appear to have been affected by the Cloudflare issues, according to Downdetector, which itself could not be accessed for some

Cloudflare down: Company blames ‘unusual’ spike in traffic before outage errors Read More »

Intuit to pay OpenAI over 0 million a year for model access, ChatGPT integrates with TurboTax

Intuit to pay OpenAI over $100 million a year for model access, ChatGPT integrates with TurboTax

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Michael Nagle | Bloomberg | Getty Images Tax software provider Intuit has agreed to pay OpenAI more than $100 million a year to use the artificial intelligence startup’s large language models to bolster its financial products. Intuit shares climbed 2% premarket following the news. By using OpenAI’s technology inside GenOS, its internal AI system, Intuit

Intuit to pay OpenAI over $100 million a year for model access, ChatGPT integrates with TurboTax Read More »

Klarna tops third-quarter revenue estimates in first earnings report since IPO

Klarna tops third-quarter revenue estimates in first earnings report since IPO

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Sebastian Siemiatkowski, CEO and Co-Founder of Swedish fintech Klarna, gives a thumbs up during the company’s IPO at the New York Stock Exchange in New York City, U.S., Sept. 10, 2025. Brendan McDermid | Reuters Klarna topped Wall Street third-quarter revenue expectations in its first earnings report after debuting on the New York Stock Exchange

Klarna tops third-quarter revenue estimates in first earnings report since IPO Read More »

Senators seek probe of Trump crypto venture over alleged token sales linked to North Korea and Russia

Senators seek probe of Trump crypto venture over alleged token sales linked to North Korea and Russia

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People walk past an advertisement feature Donald Trump with Solana, XRP, USDC Bitcoin in Hong Kong.  May James | Sopa Images | Lightrocket | Getty Images Two U.S. Senators are pressing the Department of Justice and the Treasury to investigate a crypto company closely tied to the family of U.S. President Donald Trump over alleged

Senators seek probe of Trump crypto venture over alleged token sales linked to North Korea and Russia Read More »

Global stocks sell-off as AI valuation concerns persist ahead of Nvidia earnings

Global stocks sell-off as AI valuation concerns persist ahead of Nvidia earnings

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Global equities tumbled Tuesday as concerns of inflated valuations and an uncertain macro environment grips investors ahead of Nvidia earnings this week.   The pan-European Stoxx 600 opened in negative territory on Tuesday with mining-linked stocks and banks leading Europe’s losses. The Stoxx Europe 600 Technology Index shed 1.4%, following in the footsteps of U.S. stocks as fears of an artificial intelligence-fueled bubble persist.   The three major U.S. indexes, Dow Jones

Global stocks sell-off as AI valuation concerns persist ahead of Nvidia earnings Read More »

CNBC Daily Open: We could still close the year with a rally despite AI slump

CNBC Daily Open: We could still close the year with a rally despite AI slump

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The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each. Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had “half a trillion Dollars” of business on the books for 2025 and 2026. When

CNBC Daily Open: We could still close the year with a rally despite AI slump Read More »

Investors hope these three trades will weather a tech stock downturn

Investors hope these three trades will weather a tech stock downturn

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As concerns over a U.S. tech bubble linger, investment strategists are mapping out various diversification plays on both sides of the Atlantic to shore up portfolios against a sharp market correction. Market pros told CNBC that European equities, government bonds and value stocks all offer advantages amid valuation concerns in the artificial intelligence space. Arnaud

Investors hope these three trades will weather a tech stock downturn Read More »

Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime

Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime

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Govini founder Eric Gillespie urged a person who he believed to be a dad offering his 10-year-old daughter to be sexually abused to use encrypted chat platforms, a Pennsylvania criminal complaint alleges. “Signal is safer for er small talk,” Gillespie wrote to the purported father, who was actually an undercover law-enforcement agent, according to a

Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime Read More »

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