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Avalanche-focused treasury firm launches on Nasdaq as crypto proxy trade evolves
Crowds walk through midtown Manhattan on Oct. 16, 2025 in New York City.Spencer Platt | Getty ImagesAvalanche Treasury Co., one of the newest publicly-listed companies built around a crypto treasury strategy, is set to begin trading on…
OpenAI mulls slashing prices ahead of competition from Anthropic: WSJ
OpenAI Ceo Sam Altman speaks to journalists after meeting with US House Minority Leader Hakeem Jeffries on Capitol Hill in Washington, DC, on June 3, 2026. Brendan Smialowski | AFP | Getty ImagesOpenAI is mulling sharp price cuts to its…
Opendoor’s India exit is fueling a bigger conversation about AI and outsourcing
Opendoor, the San Francisco-based online home-buying platform, is shutting down its India operations less than two years after expanding its presence in the country. The decision has become a flashpoint in the debate over whether AI is…
Oracle (ORCL) Q4 earnings report 2026
Oracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 7% in extended trading as the company plans to raise more money…
Datadog veterans launch AI coding startup Niteshift on a bet against Big AI lock-in
AI coding agent startup Niteshift has raised a $7 million seed round led by Greylock’s Jerry Chen. That’s a modest sum by AI standards, but the startup, founded by two former early Datadog engineers, has attracted some big-name angels…
Bill Gates questioned about Jeffrey Epstein by House Oversight
Microsoft co-founder Bill Gates arrived on Capitol Hill on Wednesday morning to be questioned by a House committee about his controversial friendship with the notorious sex offender Jeffrey Epstein."I hope my testimony is helpful to the…
Entergy CEO pushes back on fears that AI data centers will drive up electricity bills
Entergy CEO Drew Marsh said the rapid buildout of data centers doesn't have to be a burden for residential communities."Data centers really want to be good neighbors," Marsh said on CNBC's "Mad Money" on Tuesday. "They have reputations…
Google just fired a warning shot in the AI subscription price wars
Google just made its budget AI subscription plan a lot more budget-friendly, bringing a price war that’s been brewing in emerging markets squarely to American consumers.
The company announced Monday that it is cutting the monthly price…
Anthropic releases Mythos-like AI model to the public, Claude Fable 5
Two months after Anthropic rolled out Mythos to a limited number of users, citing concerns about the artificial intelligence model's potential to do damage in the wrong hands, the company said it's ready to release an equally powerful…
Lovable says it has hit $500M in annualized revenue, with 1 million new projects a week
Europe’s fast-growing vibe coding startup, Lovable, tells TechCrunch it has surpassed $500 million in annualized revenue run rate.
Lovable last discussed its revenue in February, when the company said it crossed $400 million. In…
Judge blocks Trump’s $100,000 H-1B visa fee
A federal judge on Monday vacated President Donald Trump's $100,000 fee for employers' H-1B visa applications for highly-skilled foreign workers.The policy implementing the high fee on the visas for workers in a specialty occupation…
Perplexity plans IPO in 2028 as Anthropic, OpenAI prepare listings
Aravind Srinivas, chief executive officer of Perplexity AI Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Thursday, June 5, 2025. David Paul Morris | Bloomberg | Getty ImagesPerplexity is planning to go…
As OpenAI files for IPO, Sam Altman’s eye-scanning company is doing layoffs, report says
OpenAI announced on Monday that it confidentially filed for an IPO, marking what could become the one of the defining public offerings of the decade. And then there’s OpenAI CEO Sam Altman’s other company, Tools for Humanity, which is…
Amazon multibillion-dollar deal with Corning to power AI data centers
Corning CEO Wendell Weeks at Corning's cable factory in Hickory, North Carolina, on Jan. 9, 2026.Magdalena Petrova | CNBCAmazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data…
Uber, Wayve and Waymo are headed towards a robotaxi showdown in London
Uber customers in the U.K. can now join an interest list to increase their chances of being matched with a Wayve autonomous vehicle — another sign that the two companies are preparing to launch a robotaxi service in London. When that…
Asia tech stocks extend sell-off as investors sour on AI-linked names
Sinology | Moment | Getty ImagesAsian tech stocks extended their sell-off Monday, as investors sour on global AI-linked plays with the U.S. tech-heavy Nasdaq declining more than 4.5% last week.Memory chip behemoths and heavyweights on…
Trump administration, OpenAI discussing possible government stake
OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday.The discussions have been in progress for more than a year, as Altman first…
Notion restores access to Anthropic after service disruption
Notion’s integration with Anthropic apparently had a hiccup this weekend.
Early Sunday morning, the company posted, “Anthropic’s Opus 4.7 and 4.8 models are experiencing degraded performance, which is causing a higher rate of failures…