British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.
Monzo has raised $430 million in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet.
CNBC Technology
AMD reportedly hits U.S. regulatory roadblock for China-tailored chip
Bloomberg reported the Commerce Department did not clear the chip for sale in China because it was still too advanced.
Singapore's Sea Limited posts first profitable year amid efforts to defend market share against Lazada, TikTok
Net income in 2023 was $162.7 million, as compared to a net loss of $1.7 billion in 2022.
Bitcoin tops $68,000 as it nears 2021 all-time high
The price of bitcoin surged to start the week, edging even closer to its all-time high after the rally took a breather over the weekend.
Anthropic, backed by Amazon and Google, debuts its most powerful chatbot yet
Anthropic on Monday debuted Claude 3, a chatbot and suite of AI models that it calls its fastest and most powerful yet.
Former Twitter execs sue Musk and X for more than $128 million in severance
Former Twitter executives filed a new lawsuit against Musk and X Corp., arguing that they are owed $128 million in unpaid severance.
Super Micro pops more than 18% after S&P 500 selection
Super Micro Computer stock closed up more than 18% on Monday after the company was selected to join the S&P 500.
Zuckerberg, Rihanna and Bill Gates were among guests at lavish bash for son of Asia's richest man
Tech executives including Mark Zuckerberg and Bill Gates attended a lavish three-day pre-wedding celebration for the son of Indian billionaire Mukesh Ambani.
Colleges are touting AI degree programs. Here's how to decide if it's worth the cost
Colleges and universities including Ivy League schools are creating AI-specific degrees. Artificial intelligence will change jobs, but can that be taught?
Apple hit with more than $1.95 billion EU antitrust fine over music streaming
The European Commission alleges Apple has abused its dominant position in the market for the distribution of music streaming apps.
Super Micro to join S&P 500 after stock price soars more than twentyfold in two years
Super Micro rode its historic stock rally into the S&P 500 on Friday, replacing Whirlpool.
Telcos are barely done rolling out 5G networks — and they're already talking about '5.5G'
Telecom operators haven't yet finished rolling out 5G mobile internet. They're already talking about building "5.5G," or "5G Advanced."
Venture capital firm's plan to buy nonprofit hospital system has Ohio community on edge
Venture firm General Catalyst is in the process of trying to buy Summa Health, a nonprofit hospital system in Ohio with about 8,500 employees.
OpenAI says in memo that Musk's claims ‘stem from Elon’s regrets’ that he’s not part of company
OpenAI executives responded to Elon Musk's lawsuit against the company, and said his dispute stems from his disappointment that he's no longer involved.
Waymo approved by regulator to expand robotaxi service in Los Angeles, San Francisco Peninsula
Alphabet's Waymo division won approval from the California Public Utilities Commission to expand service to parts of L.A. and the Bay Area.
Change Healthcare sets up new electronic prescription service, funding program as cyberattack drags
UnitedHealth's Change Healthcare set up a new electronic prescription service to provide relief during its ongoing cyberattack.
Google Gemini product lead retreats from social media after troubled AI product launch led to harassment
Jack Krawczyk, Google's Gemini product lead, has gone dark on some of his social media profiles after facing online harassment.
Reddit seeking a valuation of up to $6.5 billion in IPO
Reddit is seeking a valuation of up to $6.5 billion for its upcoming IPO.
Dell shares have best day since return to stock market in 2018
Dell shares surged 31% on Friday after the company posted fiscal fourth-quarter results that beat estimates.
OpenAI rival Cohere says some AI startups build Bugatti sports cars, 'We make F-150s'
Cohere, the Nvidia-backed OpenAI competitor, is betting its business on generative AI for the enterprise rather than on consumer chatbots.
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