Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in the U.K., with major plans for a London expansion revealed on Tuesday. The Palo Alto-headquartered startup will look to hire around 200 employees — making up around 40% of its workforce — at its new London base […]
Nvidia-backed $4 billion AI startup announces major London expansion Read More »
The logo of an Apple Store is seen reflected on the glass exterior of a Samsung flagship store in Shanghai, China Monday, Oct. 20, 2025. Wang Gang | Feature China | Future Publishing | Getty Images The cost of your smartphone might rise, analysts are warning, as the AI boom clogs up supply chains and
After years of largely trading together, stocks related to artificial intelligence and the data center are starting to move in different directions, CNBC’s Jim Cramer said. “The Google complex cohort roared while the OpenAI complex got hammered. Meanwhile, the hyperscalers with great balance sheets held up much better than the ones with strained balance sheets,”
Why Jim Cramer thinks the AI trade is breaking up Read More »
John Giannandrea. David Paul Morris | Bloomberg | Getty Images Apple’s head of artificial intelligence, John Giannandrea, will step down from his position, the company announced on Monday. The move is the most visible shakeup in Apple’s artificial intelligence group since the company announced Apple Intelligence, its AI software suite, in 2024. Apple Intelligence, which
Apple’s artificial intelligence chief is stepping down, company says Read More »
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram will require U.S.-based employees to work five days a week in an office, Meta confirmed on Monday. The new return-to-office policy will take effect on Feb. 2 and
Meta’s Instagram orders employees back to the office 5 days a week Read More »
A Kalshi billboard displaying New York City mayoral election odds in New York, US, on Monday, Oct. 27, 2024. Michael Nagle | Bloomberg | Getty Images Kalshi bettors can now buy and sell tokenized versions of their wagers on Solana, the company told CNBC exclusively on Monday. It’s the latest sign the prediction market company
Kalshi makes move to court crypto traders with tokenized betting contracts Read More »
Thomas Trutschel | Getty Images Shopify was hit with an outage on Cyber Monday, leaving some users and businesses unable to complete transactions during one of the biggest shopping days of the year. In an update to its status page, the Canadian e-commerce company said select merchants were experiencing issues logging into Shopify, while others
Shopify outage: Shopping platform goes down for some users during Cyber Monday Read More »
This year’s market winners should continue to outperform through December, according to Oppenheimer. Stocks had a rocky start to the month, with the S & P 500 , Nasdaq Composite and Dow Jones Industrial Average all lower on Monday. Momentum names like Super Micro Computer and Broadcom both fell nearly 3% in midday trading. However,
Why December is a time for winners on Wall Street Read More »
Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC OpenAI on Monday announced it is taking an ownership stake in Thrive Holdings, a company that was launched by one
OpenAI takes stake in Thrive Holdings to help accelerate enterprise AI adoption Read More »
Sopa Images | Lightrocket | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. No-tech November Last week’s recovery rally allowed the Dow Jones Industrial Average and S&P 500 to both finish their seventh
