OpenAI DevDay Ashley Capoot | CNBC Virtually every successful tech startup throughout history has faced the reality that it could get swallowed up or run over by a large incumbent at any moment. It’s part of daily life for an entrepreneur. But the company at the center of the current boom is a different kind…
Apple CEO Tim Cook holds a next generation iPhone 17 during an Apple special event at Apple headquarters on Sept. 9, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple is in late-stage talks to acquire top talent from computer vision startup Prompt AI, as well as the company’s technology, CNBC has learned. Leadership…
BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company’s San Francisco Office. BVNK Citi has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S. banks ramp up their presence in the cryptocurrency and digital asset space. Stablecoins are a type of digital asset…
Thoma Bravo co-founder Orlando Bravo said valuations for artificial intelligence companies are “at a bubble,” comparing it to the dot-com era. But one key difference in the market now, he said, is that large companies with “healthy balance sheets” are financing AI businesses. Bravo’s private equity firm boasts more than $181 billion in assets under…
The editorial image shows the interior of the new Tesla Model 3 with Full Self-Driving activated. Nurphoto | Getty Images Tesla debuted more affordable versions of its popular Model Y SUV and Model 3 sedan on Tuesday. The Model Y standard variant is priced just below $40,000, according to Tesla’s website, and the Model 3…
OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and ether later this year with help from the startup Zerohash, according to people with knowledge of the matter who declined to be identified before an official announcement….
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and…
Wealthfront app. Source: Wealthfront Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday, making it the latest in a wave of fintech firms going public this year including Chime and Klarna. The company in June filed confidentially for an IPO, but waited until now…
Over two-thirds of startup founders have a fear of failure, per the Founder Resilience Research Report, 2024. Skynesher | E+ | Getty Images Startup founders face immense pressure to succeed, but it can be even more challenging to let go of a failed business and find success after. Building a startup has always been risky….
