Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Sarah Meyssonnier | Reuters Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with…
Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and finance. The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs, BNP Paribas and Ken…
Seawater is pumped out of the wreckage of the ‘Bayesian’ yacht, owned by the late British tech entrepreneur Mike Lynch, as it is recovered by the floating crane ships HEBO LIFT 10 and HEBO LIFT 2 off the coast of Porticello, near Palermo, Sicily, Italy, on June 21, 2025. Igor Petyx | Reuters Salvage experts…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images When Mark Zuckerberg feels the heat, he opens his wallet. The 41-year-old Facebook founder and Meta CEO is on a spending spree like never before in an effort to position…
Andrew Bosworth, chief technology officer of Meta Platforms Inc., speaks during a Bloomberg Television interview on the sidelines of the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 25, 2024. Meta Platforms Inc. debuted its first pair of augmented reality glasses – devices that show a combined view of the digital and…
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be named because of the confidential nature of the negotiations. One…
When Meta CEO Mark Zuckerberg poached Scale AI founder Alexandr Wang last week as part of a $14.3 billion investment in the artificial intelligence startup, he was apparently just getting started. Zuckerberg’s multibillion-dollar AI hiring spree has now turned to Daniel Gross, the CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat…
A ground network of satellites at the headquarters of Eutelsat Madeira Unipessoal Lda in Canial, Madeira, Portugal, on Saturday, March 8, 2025. Bloomberg | Bloomberg | Getty Images Eutelsat shares popped on Friday morning, after the European satellite operator announced a 1.35 billion euro ($1.55 billion) capital raise backed by the French state and other investors….
Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google is using its expansive library of YouTube videos to train its artificial intelligence models, including Gemini and the Veo 3 video and audio generator, CNBC has learned. The tech company is turning…
President Donald Trump’s family business is taking preorders for a gold-colored smartphone, the T1. Trump Mobile, which launched Tuesday, says the device will be available in September, cost far less than Apple’s and Samsung’s smartphones — and be made in the United States, aligning with the president’s “America First” economic ethos. Industry experts and tech journalists instantly cast…
