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Broadcom CEO says generative AI will become a much larger part of global GDP

Broadcom CEO says generative AI will become a much larger part of global GDP

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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, […]

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Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay billion per year

Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

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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

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Navan sets price range for IPO, expects market cap of up to .5 billion

Navan sets price range for IPO, expects market cap of up to $6.5 billion

Technology News

FILE PHOTO: Ariel Cohen during a panel at DLD Munich Conference 2020, Europe’s big innovation conference, Alte Kongresshalle, Munich. Picture Alliance for DLD | Hubert Burda Media | AP Navan, a developer of corporate travel and expense software, expects its market cap to be as high as $6.5 billion in its IPO, according to an

Navan sets price range for IPO, expects market cap of up to $6.5 billion Read More »

Tech megacaps lose 0 billion in value as Nasdaq suffers steepest drop since April

Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April

Technology News

Jensen Huang, CEO of Nvidia, speaking with CNBC’s Jim Cramer during a CNBC Investing Club with Jim Cramer event at the New York Stock Exchange on Oct. 7th, 2025. Kevin Stankiewicz | CNBC Shares of Amazon, Nvidia and Tesla each dropped around 5% on Friday, as tech’s megacaps lost $770 billion in market cap, following

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Govini, a defense tech startup taking on Palantir, hits 0 million in annual recurring revenue

Govini, a defense tech startup taking on Palantir, hits $100 million in annual recurring revenue

Finance News

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

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Airlines tell passengers to prepare for delays as government shutdown continues

Airlines tell passengers to prepare for delays as government shutdown continues

Business News

The Hollywood Burbank Airport air traffic control tower stands in Burbank, California, on Oct. 6, 2025. Mario Tama | Getty Images Travelers should prepare for potential flight disruptions this holiday weekend as the government shutdown continues, a group representing the largest U.S. airlines said Friday. Air traffic controller shortages this week delayed flights at some

Airlines tell passengers to prepare for delays as government shutdown continues Read More »

NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China

NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China

Business News

MACAO — NBA Commissioner Adam Silver said Friday the WNBA could be next to play games in China.  Silver spoke exclusively with CNBC courtside from the first of two NBA games in Macao.  “We have to get through a new collective bargaining agreement with our players,” he said. “But once we do, there’s so much

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More than half of entrepreneurs are considering moving to a new country. Singapore is their top option

More than half of entrepreneurs are considering moving to a new country. Singapore is their top option

Business News

The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Lionel Ng | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Moneyed

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How the world’s 240,000 crypto millionaires are spending their fortunes

How the world’s 240,000 crypto millionaires are spending their fortunes

Business News

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The price surge in bitcoin helped created another 70,000 new crypto millionaires over the past year, adding hundreds of billions of Dollars in

How the world’s 240,000 crypto millionaires are spending their fortunes Read More »

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