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Firefly Aerospace leaps 10% after buying defense tech firm for 5 million

Firefly Aerospace leaps 10% after buying defense tech firm for $855 million

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace stock climbed 10% Monday premarket after the space company said it’s buying defense technology contractor SciTec for $855

Firefly Aerospace leaps 10% after buying defense tech firm for $855 million Read More »

AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker

AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker

Sam Altman, chief executive officer of OpenAI, left, and Lisa Su, chair and chief executive officer of Advanced Micro Devices, arrive for a Senate Commerce, Science, and Transportation Committee hearing in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images OpenAI and Advanced Micro Devices have reached a deal

AMD stock skyrockets 25% as OpenAI looks to take stake in AI chipmaker Read More »

Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting

Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting

An employee arranges a salad dressing display at an Amazon Fresh grocery store on December 12, 2024 in Federal Way, Washington. David Ryder | Getty Images Amazon is closing four more Fresh supermarkets in Southern California as the e-commerce giant continues to focus its grocery strategy around Whole Foods and delivery. The closures will take

Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting Read More »

Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move

Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move

Inside Google’s quantum computing lab in Santa Barbara, California. CNBC Quantum computing stocks are wrapping up a big week of double-digit gains. Shares of Rigetti Computing, D-Wave Quantum and Quantum Computing have surged more than 20%. Rigetti and D-Wave Quantum have more than doubled and tripled, respectively, since the start of the year. Arqit Quantum

Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move Read More »

Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech

Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech

Amazon founder Jeff Bezos speaks with John Elkann, CEO of Exor and chairman of Ferrari at Italian Tech Week on October 3, 2025. Arjun Kharpal | CNBC TURIN, Italy — Artificial intelligence is currently in an “industrial bubble” but the technology is “real” and will bring big benefits to society, Amazon Founder Jeff Bezos said

Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech Read More »

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up

Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI. Sopa Images | Lightrocket | Getty Images Artificial intelligence companies are the hottest ticket items in today’s startup ecosystem but the pace of change is dominated by developments at OpenAI and Anthropic.

U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up Read More »

Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants

Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants

Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop

Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants Read More »

OpenAI’s Sora 2 is putting safety and censorship to the test with stunningly real videos

OpenAI’s Sora 2 is putting safety and censorship to the test with stunningly real videos

Fresh off a $6.6 billion share sale that made it the world’s most valuable private company, OpenAI’s TikTok-style video app, powered by its new artificial intelligence model, Sora 2, is going viral. Despite the gated release that requires an invite code, the video creation tool has already shot to the number three spot on Apple‘s

OpenAI’s Sora 2 is putting safety and censorship to the test with stunningly real videos Read More »

Perplexity AI rolls out Comet browser for free worldwide

Perplexity AI rolls out Comet browser for free worldwide

Aravind Srinivas, chief executive officer Perplexity AI, during a news conference at the SK Telecom Co. headquarters in Seoul, South Korea, on Wednesday, Sept.4, 2024. SeongJoon Cho | Bloomberg | Getty Images Perplexity AI on Thursday announced that its artificial-intelligence-powered web browser Comet is available worldwide, and will be free to users. The Comet browser

Perplexity AI rolls out Comet browser for free worldwide Read More »

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