OpenAI pares fundraising goal, now seeking up to $20 billion in latest round
The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC.
CNBC Technology
Stocks started the week with promise but ended in despair. Our take on the big reversal
Big Tech earnings reignited AI spending fears, sending investors into defensive stocks.
Crypto industry pours more than $200 million into 2026 midterms to pressure Congress on favorable rules
Interest groups tied to cryptocurrency are spending millions to tilt the midterm elections. They had mixed success in 2024
Humans are still doing the work behind some AI agents
AI agents from startups including Dazzle, Duckbill and Wajo still rely on human workers for calls and other real-world tasks when software falls short.
Meta outlook revised downward by S&P on cash flow and capex concerns
Meta has been given a negative outlook by S&P Global Ratings due to the company's hefty capital expenditures and concerns about free cash flow.
Cramer’s week ahead: Expect more volatility as tech earnings, midterms loom
Investors await earnings from Apple, AMD, and other major companies, as well as the midterm elections and the monthly jobs report.
Intel stock has worst day since 1970s, wiping about $12 billion off government's stake
Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.
Reddit stock plunges 29% after weak outlook, wrapping its worst day ever
Reddit shares sank on Friday after the company issued weak Q4 sales guidance and announced it will test requiring users to log in to see content.
Binance hack: Investigators in a 'cat and mouse game' to recover $6.3 billion in stolen funds
More than $6 billion in crypto was stolen from Binance, setting off a race to recover the funds before North Korea-linked hackers can launder them into cash.
Reid Hoffman gives millions to Dems in late spending spree as Epstein fight spills into election
Reid Hoffman has given $8 million to Wisconsin Democrats backing David Crowley as Tom Tiffany attacks Hoffman's past ties to Jeffrey Epstein.
Musk and Zuckerberg echo Trump's push to rebrand AI as 'super intelligence' on earnings calls. Others do not
Meta's Mark Zuckerberg and Elon Musk of Tesla and SpaceX adopted President Trump's preferred "super intelligence" term on their third-quarter earnings calls.
The big questions remaining after Anthropic’s blockbuster IPO prospectus
Uncertainties remain ahead of one of the most hotly anticipated IPOs in history.
Tech giants need legacy businesses to keep growing as they pour trillions into the AI buildout
Hyperscalers continue spending big on artificial intelligence, putting pressure on their legacy businesses and impacting their free cash flow.
Tech scare trade hits Nasdaq futures while crypto reels from its biggest-ever hack
Amazon and Intel worsen the sell-off with disappointing earnings releases
Foxconn hopes to own 50% of the global AI server market within a couple years
Foxconn's chairman told CNBC that AI demand remains strong as the company eyes U.S. expansion and a larger share of the global AI server market.
Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance
Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.
Microsoft plans to raise $25 billion in debt as it pursues AI buildout
Microsoft boasts a strong credit rating and has managed to maintain positive free cash flow, unlike Meta, Alphabet and Amazon.
Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks
Reddit posts third-quarter earnings and reveals plans to require all users to create official accounts as Google search traffic shrinks
Jim Cramer says Wall Street is punishing the wrong tech stocks
Disappointing results from one company don't necessarily signal trouble for an entire industry.
Amazon posts negative free cash flow of $42.4 billion, holds 2026 capex unchanged
Amazon's negative free cash flow ballooned during the third quarter, while its earnings and revenue fell short of Wall Street's expectations.
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.
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