Prakash Singh | AFP | Getty Images Google will invest $10 billion into building new data centers in southern India, according to local officials, marking one of its largest investments in the South Asian nation as tech giants scramble to meet the exploding demand for AI. Minister for Human Resources Development of the Indian state […]
Google to invest $10 billion in AI data center project in India Read More »
U.S. President Donald Trump speaks while World leaders listen during a summit of European and Middle Eastern leaders on Gaza on October 13, 2025 in Sharm El-Sheikh, Egypt. Chip Somodevilla | Getty Images This might not be Christmas, but the war in the Middle East is over — at least according to U.S. President Donald
CNBC Daily Open: There’s a hopeful mood in the Middle East and the markets Read More »
Broadcom CEO Hock Tan told CNBC’s Jim Cramer on Monday that artificial intelligence could become a larger part of global GDP as the technology spreads across industries. Tan said the current global GDP sits around $110 trillion, with 30% of that figure “valued from industries related to knowledge-based, technology-intensive.” “And you put in generative AI,
Broadcom CEO says generative AI will become a much larger part of global GDP Read More »
Oracle CEO, Clay Magouyrk, sits down with CNBC’s David Faber on Oct. 13, 2025. CNBC Oracle CEO Clay Magouyrk, one of the two people tapped last month to lead the software company, is confident that OpenAI will be able to cover the costs of the massive amount of cloud infrastructure services it consumes. In an
Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year Read More »
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks are rebounding Monday, recovering roughly half of Friday’s losses triggered by President Trump’s surprise threat of a massive tariff increase on China. Over the weekend, Trump softened his
Meta shares have been stuck. Here’s why one analyst just got more optimistic Read More »
Jaque Silva | Nurphoto | Getty Images Charlie Kawwas, president of the semiconductor solutions group at Broadcom, on Monday suggested that OpenAI is not the mystery $10 billion customer that it announced during its earnings call in September. This is breaking news. Please refresh for updates. Source link
Broadcom’s president says mystery $10 billion customer isn’t OpenAI Read More »
Citi is seen on the floor of the New York Stock Exchange on March 3, 2025. NYSE Citi is aiming to launch a service for the custody of crypto assets in 2026, an executive at the bank told CNBC, as Wall Street giants expand their footprint in the digital currency space. Biswarup Chatterjee, global head
A close-up view of the Nexperia plant sign in Newport, Wales on April 1, 2022. Matthew Horwood | Getty Images News | Getty Images The Dutch government has taken control of Nexperia, a Chinese-owned semiconductor maker based in the Netherlands, in an extraordinary move to ensure a sufficient supply of its chips remains available in
Govini, a defense tech software startup taking on the likes of Palantir, has blown past $100 million in annual recurring revenue, the company announced Friday. “We’re growing faster than 100% in a three-year CAGR, and I expect that next year we’ll continue to do the same,” CEO Tara Murphy Dougherty told CNBC’s Morgan Brennan in
The launch of OpenAI’s updated Sora 2 AI video service kicked off another round of anxiety among musicians, actors and other content creators. Sora allows users to generate short videos for free by typing in a prompt. The app is only available on iOS devices and is limited to invitees, meaning people need a code to access
We tested OpenAI’s Sora 2 video generator to find out why Hollywood is freaking out Read More »
