Robotaxis felt like science fiction just a decade ago, but this year, autonomous vehicles became a commonplace option for paying passengers across big cities in the U.S. and parts of Asia. Alphabet-owned Waymo kept expanding and dominates the robotaxi market in the U.S., though rivals Tesla and Amazon-owned Zoox also launched the first versions of […]
Databricks CEO, Ali Ghodsi speaks on CNBC’s Fast Money on Dec. 17, 2024. CNBC Databricks is raising $4 billion in a funding round that would value the data analytics software company at $134 billion, the company announced Tuesday. The valuation is a 34% jump from the funding round announced in August, which valued the company
Databricks raises capital at $134 billion valuation in latest funding round Read More »
An employee hiring sign is seen in a window of a business in Arlington, Virginia, April 7, 2023. Elizabeth Frantz | Reuters 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. Economics 101 Investors and economic
Jobs data, Tesla’s rally, tariff revenue hits $200 billion and more in Morning Squawk Read More »
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec.15, 2025. Brendan McDermid | Reuters U.S. stocks of late have been shaky as investors turn away from artificial intelligence shares, especially those related to AI infrastructure, such as Oracle, Broadcom and CoreWeave. The worry is that
CNBC Daily Open: AI infrastructure stocks are taking a beating Read More »
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 15, 2025. Brendan McDermid | Reuters U.S. stocks of late have been shaky as investors turn away from artificial intelligence shares, especially those related to AI infrastructure, such as Oracle, Broadcom and CoreWeave. The worry is that those
CNBC Daily Open: Debt worries continue to weigh on AI-related stocks Read More »
The logos of Google Gemini, ChatGPT, Microsoft Copilot, Claude by Anthropic, Perplexity, and Bing apps are displayed on the screen of a smartphone in Reno, United States, on November 21, 2024. Jaque Silva | Nurphoto | Getty Images Merriam-Webster declared “slop” its 2025 word of the year on Monday, a sign of growing wariness around
Merriam-Webster declares ‘slop’ its word of the year in nod to growth of AI Read More »
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. The launch of Tesla Inc.’s driverless taxi service Sunday is set to begin modestly, with a handful of vehicles in limited areas of the city. Photographer: Tim Goessman/Bloomberg via Getty Images Tim Goessman |
Colin Angle, co-founder and chief executive officer of iRobot Corp., speaks during a Prime Air delivery drone reveal event in Las Vegas, Nevada, U.S., on Wednesday, June 5, 2019. Joe Buglewicz | Bloomberg | Getty Images Colin Angle, co-founder and former CEO of iRobot, on Monday said the company’s move to declare bankruptcy was “profoundly
Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’ Read More »
Broadcom CEO Hock Tan. Lucas Jackson | Reuters In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative. Broadcom, CoreWeave and Oracle, three companies intimately tied to the AI infrastructure buildout, all had another rough day on Wall Street on Monday after selling off sharply last week. While the three
AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide Read More »
Samuel Boivin | Nurphoto | Getty Images OpenAI has hired Google’s Albert Lee to lead corporate development, a spokesperson for the artificial intelligence startup confirmed to CNBC. Lee previously led corporate development for Google Cloud and Google DeepMind. He worked on several of Google’s high-profile acquisitions, including its $32 billion purchase of the cloud security
OpenAI poaches Google executive to lead corporate development Read More »
