OpenAI is increasing the size of its secondary share sale by more than $4 billion, CNBC has learned. The artificial intelligence startup is giving eligible current and former employees the opportunity to sell roughly $10.3 billion in stock, up from the $6 billion it was initially targeting, according to a person familiar with the offering. […]
OpenAI boosts size of secondary share sale to $10.3 billion Read More »
Apple CEO Tim Cook (R) shakes hands with U.S. President Donald Trump during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by
Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway Read More »
Sen. Rand Paul, R-Ky., on Wednesday criticized the Trump administration’s decision to take a 10% stake in embattled chipmaker Intel, calling the investment “a step towards socialism.” Intel announced last month that the U.S. government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a
Sen. Rand Paul blasts Trump’s stake in Intel as ‘a step towards socialism’ Read More »
DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL German startup DeepL on Wednesday said it was expanding beyond artificial intelligence-powered translation into general AI agents focused on businesses. The term “agent” refers to an AI tool that can carry out tasks in the background in response to user prompts. DeepL Agent is designed to complete “repetitive, time-intensive
Translation startup DeepL launches an AI ‘agent’ in challenge to players like OpenAI Read More »
Quantum computing firm IQM says it’s raised $320 million of fresh funding to ramp up investments in technology and commercial growth. The startup, which is headquartered in Espoo, Finland, was founded in 2018 by a team of scientists with the aim of building powerful quantum computers in Europe like the machines companies such as Google
Quantum computing startup IQM raises $320 million as investors pile into the tech Read More »
A 300mm wafer on display at the booth of Taiwan Semiconductor Manufacturing Company during the 2023 World Semiconductor Conference at Nanjing International Expo Center on July 19, 2023, in Nanjing, China. Vcg | Visual China Group | Getty Images The U.S. has revoked a waiver that allowed Taiwan Semiconductor Manufacturing Co. to export key chipmaking
The U.S. makes it harder for TSMC, SK Hynix and Samsung to produce chips in China Read More »
Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Chris Ratcliffe | Bloomberg | Getty Images Salesforce has cut 4,000 of its customer support roles, CEO Marc Benioff recently said while discussing how artificial intelligence has helped reduce the company headcount. Benioff revealed the
Salesforce CEO confirms 4,000 layoffs ‘because I need less heads’ with AI Read More »
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images Apple shares rose more than 3% in extended trading Tuesday after a federal judge ruled that Alphabet may continue making payments to preload Google
Apple shares rise after judge rules Google can continue preload deals in antitrust case Read More »
Google CEO Sundar Pichai during the press conference after his meeting with Polish PM Donald Tusk at Google for Startups Campus In Warsaw in Warsaw, Poland on February 13, 2025. Images) Jakub Porzycki | Nurphoto | Getty Images A federal judge ruled Tuesday that Google can keep its Chrome browser but will be barred from
Google gets to keep Chrome but is barred from exclusive search deals, judge rules 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 continued its spending spree, announcing on Tuesday that it’s acquired Statsig, a product development startup, for $1.1 billion. Statsig helps
OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive Read More »
