This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Guests at my home will be pleased to know that I, despite personal fascination, live outside the delivery radius of this shower water beer. Stock futures are little changed this morning. The market is coming off another winning session. Here […]
Meta said Tuesday that it hired former Microsoft legal executive Curtis Joseph Mahoney to become its chief legal officer. Mahoney will replace Meta’s previous head lawyer Jennifer Newstead, who announced in December that she would be leaving Meta to become Apple’s general counsel in March. He joins Meta at a time when the company is
Meta hires Microsoft exec, former Trump deputy as chief legal officer Read More »
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk’s xAI said it raised $20 billion in a funding round, exceeding its prior target of $15 billion. CNBC reported in November that a financing would value the artificial intelligence startup at about $230 billion. After
Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity Read More »
Advanced Micro Devices CEO Lisa Su said Tuesday that artificial intelligence has not slowed the pace of hiring at her company, but the candidates who have truly embraced the technology have become a priority. “I would say that we’re actually not hiring fewer people,” Su told CNBC’s Jon Fortt on Tuesday from the CES conference
AMD’s Lisa Su says AI isn’t replacing people, but is changing who gets hired Read More »
Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle| Bloomberg | Getty Images Semiconductor stocks rallied to start the year, led by the world’s biggest memory chip firms that are getting a boost from continued artificial intelligence-related
Memory chip giants spark global semiconductor rally as shortages stoke price hikes Read More »
Following the U.S. military operation in Venezuela that led to the removal of its leader, Nicolás Maduro, artificial intelligence-generated videos purporting to show Venezuelan citizens celebrating in the streets have gone viral across social media. These AI clips, depicting celebrating crowds, have amassed millions of views across platforms like TikTok, Instagram and X. One of
Nearly a year ago, DeepSeek shook the AI world. Stocks of some of the leading Western tech companies plunged as the markets hit panic mode at the prospect of a new model from a relatively unheard of Chinese AI lab that challenged the premise of U.S. dominance in the space. Nvidia plummeted 17%, losing close
DeepSeek blew up markets year ago. Why hasn’t it done so since? Read More »
Yuichiro Chino | Moment | Getty Images E-commerce logistics startup Stord has bought CEVA Logistics subsidiary Shipwire, the company said Monday. The deal, which closed Jan. 1 for a undisclosed amount, adds 12 new locations to Stord’s growing logistics network and about 60 new employees. Shipwire is an AI fulfillment platform used by e-commerce firms.
E-commerce startup Stord buys AI fulfillment platform Shipwire Read More »
Yann LeCun, chief AI scientist at Meta Platforms Inc., at the VivaTech conference in Paris, France, on Wednesday, May 22, 2024. Bloomberg | Bloomberg | Getty Images Meta’s former chief AI scientist, Yann Lecun, has called its 29-year-old AI boss “inexperienced,” and warned of a staff exodus from the company. Alexander Wang, the billionaire co-founder
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s Starlink is offering free broadband internet service to users in Venezuela through Feb. 3, following U.S. airstrikes and the capture of ousted leader Nicolas Maduro. The satellite internet provider said in a release on Sunday that service credits
