Business Archives | Page 11 Of 185

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT

Anthropic, the AI startup behind the popular Claude chatbot, is in early talks to launch one of the largest initial public offerings as early as next year, the Financial Times reported Wednesday. For the potential IPO, Anthropic has engaged law firm Wilson Sonsini Goodrich & Rosati, which has previously worked on high-profile tech IPOs such […]

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT Read More »

Amazon to let cloud clients customize AI models midway through training for 0,000 a year

Amazon to let cloud clients customize AI models midway through training for $100,000 a year

Finance News

Amazon has found a way to let cloud clients extensively customize generative AI models. The catch is that the system costs $100,000 per year. The Nova Forge offering from Amazon Web Services gives organizations access to Amazon’s AI models in various stages of training so they can incorporate their own data earlier in the process.

Amazon to let cloud clients customize AI models midway through training for $100,000 a year Read More »

Marvell to acquire Celestial AI for as much as .5 billion

Marvell to acquire Celestial AI for as much as $5.5 billion

Finance News

Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock. The purchase price could increase to $5.5 billion if Celestial hits revenue milestones,

Marvell to acquire Celestial AI for as much as $5.5 billion Read More »

American Eagle stock jumps 10% as it expects a big holiday, raises forecast after Sydney Sweeney ads

Business News

An American Eagle advertisement featuring actress Sydney Sweeney on a billboard in Times Square in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images American Eagle issued bullish holiday guidance and raised its full-year forecast on Tuesday after posting better-than-expected quarterly results. The apparel company is expecting fiscal fourth

American Eagle stock jumps 10% as it expects a big holiday, raises forecast after Sydney Sweeney ads Read More »

Broadcast station owners want to consolidate. They’re struggling to get deals to the finish line

Business News

The Sinclair Broadcast Group, Inc. headquarters are seen July 17, 2024 in Cockeysville, Maryland. Kevin Dietsch | Getty Images The broadcast television industry knows it needs to consolidate. It’s just struggling with how to do it. In August, Nexstar Media Group, the largest owner of broadcast stations in the U.S., announced a proposed $6.2 billion

Broadcast station owners want to consolidate. They’re struggling to get deals to the finish line Read More »

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says

Business News

A desire for deep discounts inspired 202.9 million U.S. consumers to shop during the five-day stretch from Thanksgiving Day through Cyber Monday, according to a survey by the National Retail Federation and Prosper Insights & Analytics released on Tuesday. That estimated total surpassed the major trade group’s forecast that 186.9 million people would shop during

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says Read More »

Amazon launches cloud AI tool to help engineers recover from outages faster

Finance News

Mateusz Slodkowski | SOPA Images | Lightrocket | Getty Images Amazon’s cloud unit on Tuesday announced AI-enabled software designed to help clients better understand and recover from outages. DevOps Agent, as the artificial intelligence tool from Amazon Web Services is called, predicts the cause of technical hiccups using input from third-party tools such as Datadog

Amazon launches cloud AI tool to help engineers recover from outages faster Read More »

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year

Business News

A Boeing 777-9 prepares to land at Al-Maktoum International Airport during the Dubai Airshow 2025 in Dubai on November 17, 2025. Giuseppe Cacace | Afp | Getty Images Boeing is continuing to express optimism about its business as the company wraps up the year and looks at 2026. Chief Financial Officer Jay Malave said Tuesday

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year Read More »

Apple’s AI leadership, Costco’s tariff lawsuit, Cyber Monday Shopify outage and more in Morning Squawk

Finance News

Traders work on the floor of the New York Stock Exchange (NYSE) on October 17, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading

Apple’s AI leadership, Costco’s tariff lawsuit, Cyber Monday Shopify outage and more in Morning Squawk Read More »

Michael and Susan Dell to donate .25 billion to fund Trump Accounts for 25 million U.S. kids

Michael and Susan Dell to donate $6.25 billion to fund Trump Accounts for 25 million U.S. kids

Business News

Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will

Michael and Susan Dell to donate $6.25 billion to fund Trump Accounts for 25 million U.S. kids Read More »

Business

Stay Connected

Subscribe

Don’t miss latest news!