Apple and Intel are reportedly closing in on a deal that would see Intel make some of the chips for the iPhone maker’s devices, marking a major shift in the chipmaking landscape. Talks between the two companies have been brewing for more than a year, with a preliminary agreement reached in recent months, the Wall…
Bloomberg has detailed analysis This week, Intel CEO Lip-Boo Tan is trying to save one of Silicon Valley’s oldest and struggling chip makers. It’s worth a read, but it actually undersells the most shocking part of the story: Intel’s stock is up a staggering 490% in the past year, a bet from Wall Street that…
President Donald Trump delivers remarks on Trump Accounts at the Andrew W. Mellon Auditorium in Washington, Jan. 28, 2026. Brendan Smialowski | AFP | Getty Images With less than two months until the official launch of Trump Accounts, there are reports that business leaders and philanthropists may, at some point, be able to donate stock…
Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round, CNBC has learned, as venture capital investors search for winners in an ongoing deal spree. The San Francisco-based company brought in $950 million in fresh capital at a $15.8 billion post-money valuation, led by Tiger Global and Google’s GV. Benchmark,…
Two days before the Elon Musk vs. OpenAI trial began last week, Musk sent a message to Greg Brockman, president and co-founder of the model maker. Musk suggested to Brockman that OpenAI settle the matter. After Brockman suggested both parties drop their lawsuit, negotiations were derailed, with Musk responding: “By the end of this week,…
Elon Musk arrives to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Benjamin Fanjoy | Getty Images A week into the Musk v. Altman trial, which features two towering figures in the tech industry facing off in a case that could have major implications for OpenAI, the plaintiff…
An Elon Musk sign sits in a bush the federal courthouse during proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | AFP | Getty Images A progressive wing of the Democratic Party in Delaware is endorsing primary opponents to six incumbent Democratic state lawmakers…
Elon Musk spent most of three days On the witness stand this week In its lawsuit against OpenAI, and it’s already getting messy. Email, text, and his own tweets There are going to be a lot of witnesses coming forward in court. Musk’s argument against OpenAI? By converting the company to a for-profit model, Sam…
Department of Defense CTO Emil Michael on Friday said Anthropic is still a supply chain risk, but that Mythos, the company’s artificial intelligence model with advanced cyber capabilities, is a “separate national security moment.” “I think the Mythos issue that’s being dealt with government-wide, not just at Department War, is a separate national security moment where…
Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that topped analysts’ expectations. The stock was up more than 4%, after bouncing around in extended trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $2.78 vs. $1.64 Revenue: $181.52 billion…
