Finance News Archives | Page 8 Of 196

Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips

Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday refuted a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned […]

Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips Read More »

‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up

Finance News

The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched

‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up Read More »

The Fed meeting, pressure on Oracle, Target’s fashion-forward renovation and more in Morning Squawk

Finance News

Television stations broadcast Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange in New York, US, on Wednesday, Oct. 29, 2025. Michael Nagle | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions

The Fed meeting, pressure on Oracle, Target’s fashion-forward renovation and more in Morning Squawk Read More »

Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

Finance News

In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England. Anna Barclay | Getty Images News | Getty Images Australia on Wednesday became the first country to formally bar users under the age of 16 from accessing major social media platforms, a move expected

Australia is trying to enforce the first teen social media ban. Governments worldwide are watching. Read More »

CNBC Daily Open: A Fed rate cut might not be festive enough

Finance News

An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Nov. 18, 2016. Andrew Harrer | Bloomberg | Getty Images On Wednesday stateside, the U.S. Federal Reserve is widely expected to lower its benchmark interest rates by a quarter percentage point to a range

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CEO of South Korean online retail giant Coupang resigns over data breach

Finance News

A general view shows the logo of South Korean online delivery service Coupang, at a building housing the company’s headquarters in Seoul on Dec. 9, 2025. Jung Yeon-je | Afp | Getty Images The CEO of South Korean online retail giant Coupang has resigned, three weeks after the company became aware of a massive data

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Amazon pledges a massive billion worth of investments in India’s AI space through 2030

Amazon pledges a massive $35 billion worth of investments in India’s AI space through 2030

Finance News

Employees stand near an The Amazon Inc. logo is displayed above the reception counter at the company’s campus in Hyderabad, India, on Friday, Sept. 6, 2019. Bloomberg | Bloomberg | Getty Images Amazon on Wednesday committed to investing over $35 billion in India’s cloud and artificial intelligence space by 2030, as hyperscalers race to get

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CNBC Daily Open: A ‘hawkish cut’ by the Fed could dull festivities

Finance News

An eagle is seen framed though construction fence on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on September 16, 2025 in Washington, DC, U.S. Kevin Dietsch | Getty Images News | Getty Images On Wednesday stateside, the U.S. Federal Reserve is

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Hinge founder leaves CEO role to launch AI-powered dating startup

Finance News

Justin McLeod speaks during the Fast Company Innovation Festival 2025 on Sept. 18, 2025 in New York City. Eugene Gologursky | Getty Images Hinge founder Justin McLeod is stepping down as CEO of the dating app to launch a dating service powered by artificial intelligence. McLeod will be replaced by Jackie Jantos, the dating app’s

Hinge founder leaves CEO role to launch AI-powered dating startup Read More »

Teachers’ union AFT slams crypto market bill, warns of ‘profound risks’ for America’s retirement plans

Finance News

The American Federation of Teachers, the powerful labor union that represents 1.8 million members, is urging the Senate Banking Committee to reconsider its crypto market structure bill, the Responsible Financial Innovation Act, calling the proposed legislation “as irresponsible as it is reckless” in a letter exclusively obtained by CNBC. In the letter that AFT president

Teachers’ union AFT slams crypto market bill, warns of ‘profound risks’ for America’s retirement plans Read More »

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