Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., on July 23, 2025. Kent Nishimura | Reuters China has told companies to refrain from using Nvidia‘s H20 chips after the chipmaker recently received approval to resume shipping the less-advanced artificial intelligence product,…
Artificial intelligence startup Perplexity AI has made an unsolicited $34.5 billion bid for Google’s Chrome browser, CNBC confirmed on Tuesday. That figure is higher than Perplexity’s current valuation, but the company said several investors have agreed to back the deal. In July, Perplexity was valued at $18 billion as part of an extension that valued…
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic on Tuesday announced it will offer Claude for Enterprise and Claude for Government to all three branches of the U.S. government for $1 per agency for a year. It’s the latest example of how major artificial intelligence companies have been looking…
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of the Grok AI chatbot app, which is owned by his artificial intelligence startup xAI. “Apple is behaving in a manner that makes it impossible for…
GitHub CEO Thomas Dohmke speaks at the VivaTech technology startup and innovation fair in Paris on June 12, 2025. Mustafa Yalcin | Anadolu | Getty Images Microsoft’s GitHub unit, which is facing a torrent of competition from AI-powered coding tools, is losing its leader, and the company isn’t immediately naming a successor. Thomas Dohmke, who…
Intel CEO Lip-Bu Tan makes a speech on stage in Taipei, Taiwan May 19, 2025. Ann Wang | Reuters President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he called on the head of the chipmaker to resign. Intel shares rose 2% in extended…
StubHub, the ticketing marketplace that spun out of eBay in 2020, has resumed its plans to go public and is now aiming to hold its IPO next month, CNBC has learned. The company originally paused its IPO plans in April as the stock market was reeling from President Donald Trump’s “liberation day” tariffs. The decision…
Michael Moritz, Sequoia Capital Scott Mlyn | CNBC Renowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week. “Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.” Moritz, who spent decades at Sequoia Capital and has…
Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images On President Donald Trump‘s first day in office, he signed an executive order aiming to eliminate the “electric vehicle mandate” and remove subsidies that favor EVs. Since then, his administration has taken steps…
Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei, Getty Images | CNBC 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. Artificial intelligence startups have minted dozens of new…
