Anthropic IPO meets AI backlash after midterms show stinging rebuke of data centers
Anthropic is poised to become the first pure-play AI company to hit the public market at a time when the public is increasingly leary of the industry.
CNBC Technology
Tech companies face mounting child safety lawsuits while pushing AI into schools
Lawsuits against Snap, Meta and Google are creating headwinds for tech companies just as artificial intelligence tools expand into classrooms.
Cramer’s week ahead: AI data center stocks face another hurdle and so does the Fed
CoreWeave and Nebius earnings, alongside key inflation reports that could shape the Fed's next interest rate decision, are the focus.
SpaceX says Google exec Don Harrison has resigned from its board
SpaceX announced that Don Harrison, a Google executive, has resigned from the company's board of directors.
OpenAI will keep investing in AI data centers despite election results, CFO tells CNBC
Voters across the country on Tuesday voiced their support for candidates who have pledged to place restrictions on data center development.
Blue Origin pushes launch to January 2027 as it races to rebuild damaged launchpad
CEO Dave Limp said the company has moved swiftly to repair a launchpad that was damaged by the New Glenn explosion in May but that the work hasn't been easy.
OpenAI bugging suspect Alfozan pleads not guilty
Saudi national Abdulrahman Alfozan is charged with planting a recording device in a conference room at artificial intelligence giant OpenAI.
Investors brace for lower Anthropic valuation, calling $1.5 trillion a 'stretch'
Anthropic could list below a $1.5 trillion valuation, trailing previous expectations, as the AI trade sours on Wall Street.
AI stocks hammered by midterm shock as data center buildout becomes a 'war of attrition'
The election rout landed on an AI trade already under pressure from high interest rates, heavy capital spending and questions about returns.
Microsoft plans to use fewer neoclouds as AI buildout shows signs of strain
Microsoft is winding down the number of neoclouds it counts as partners, picking key suppliers and focusing on its own data centers.
OpenAI, Arm and Qualcomm executives react to post-midterm AI sell-off
Executives of major tech companies are largely projecting optimism about continued growth in the artificial intelligence sector despite a post-midterm sell-off.
Tesla to wind down Cybertruck production in Texas next year to ramp Cybercab, Musk says
The Cybertruck and its polarizing design gained a niche following, but it did not achieve mass-market sales and Tesla has issued several voluntary recalls.
Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank, TSMC tumble
Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory.
Chinese AI lab Moonshot turned to Europe for Nvidia Blackwell access amid U.S. China curbs, sources tell CNBC
Moonshot AI has sought leasing agreements with neoclouds for advanced chips in Europe, as U.S. export controls restrict their import to China.
Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap after midterms
Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms
Magnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge
Here are the most breathtaking statistics from the major stock sell-off on Thursday.
Jim Cramer explains why no AI stock seems safe from the market carnage
CNBC’s Jim Cramer said AI stocks are becoming increasingly difficult to value.
Neocloud IREN says $4 billion in annualized revenue being delayed due to customer request
Following a dramatic plunge in its stock price, IREN said some revenue is being delayed from 2026 until early next year.
Jim Cramer says the AI sell-off isn't over, but it isn't another dot-com crash
Cramer warned that the sell-off in AI stocks likely has further to run.
AI meltdown: Nvidia and Qualcomm drop more than 9%, pushing Nasdaq to worst day since April 2025
Companies tied to the AI buildout are all selling off as concerns mount about a slowdown following the midterm elections.
Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
Subscribe to CNBC Technology feed
#channel