Technology

Nvidia’s investigation into CEO Jensen Huang over his affair with an alleged Chinese spy may hinge on decisions by company board member Stephen Neal, a longtime white-collar defense attorney whose extensive resume includes dealing with corporate scandals. Neal, the former CEO of the Cooley law firm, is Nvidia’s lead independent director and head of corporate

Anthropic said it will offer 825 million shares in its upcoming IPO at a price range between $70 and $78 per share, according to an updated filing on Tuesday, bringing the 5-year-old artificial intelligence lab a step closer to a potentially historic Nasdaq debut. The company is planning to price on Nov. 18 and trade

Following Nvidia CEO Jensen Huang’s admission on Sunday to an extramarital affair with alleged Chinese spy Alice Huang, the chipmaker’s relationship to China is about to come under intense scrutiny in Washington, D.C. Since October 2022, when the Biden administration announced sweeping controls to limit China’s ability to obtain advanced U.S. chips, Nvidia has seen

Rep. John Moolenaar, R-Mich., said on a Tuesday appearance on CNBC’s “Squawk Box” that Congress needs to “get to the bottom” of Nvidia CEO Jensen Huang‘s affair with an alleged Chinese spy. Moolenaar, who chairs the House Permanent Select Committee on China, said he wants to know whether Huang shared privileged information with a Chinese

Amazon’s Ring unveiled a flying indoor security camera that lets users autonomously check on their home. Ring Amazon‘s Ring is going deeper into surveillance with an indoor drone for home monitoring and an autonomous robot designed to patrol businesses. The company on Tuesday unveiled the $250 Ring Drone Cam, a security camera that can fly

This is CNBC’s Morning Squawk newsletter.Subscribe hereto receive future editions in your inbox. Hello, this is Leonie Kidd with today’s edition of Morning Squawk. Nvidia is dominating the headlines, but it’s not holding back the bulls. A solid rally across Wall Street, driven by some of the big chip names, came against a backdrop of

DETROIT — Automakers including Ford Motor and Rivian Automotive are leaning into a new type of manufacturing line: 3D printing. Manufacturers say it’s helping them reduce costs and increase speed. The technology has been around for decades, but it’s becoming more commoditized in the automotive industry, with 3D printers used to create everything from vehicle

OpenAI has signed deals across energy, investment and government sectors in the United Arab Emirates as the AI lab works to secure funding from investors in the region as part of a $20 billion round. CEO Sam Altman met with Khaled bin Mohamed bin Zayed Al Nahyan, crown prince of Abu Dhabi and Chairman of

South Korean President Lee Jae Myung unveiled the country’s largest ever budget on Monday, pledging to “boldly invest in AI and future growth engines.” Speaking to the National Assembly on Monday, Lee said total spending for 2027 would rise 12.8% to 820.9 trillion won ($610.14 billion), including 21.3 trillion won for semiconductors, physical AI and

South Korean President Lee Jae Myung unveiled the country’s largest ever budget on Monday, pledging to “boldly invest in AI and future growth engines.” Speaking to the National Assembly on Monday, Lee said total spending for 2027 would rise 12.8% to 820.9 trillion won ($610.14 billion), including 21.3 trillion won for semiconductors, physical AI and

OpenAI CEO Sam Altman made an unannounced visit to South Korea over the weekend, meeting with Samsung executives and reportedly holding talks with SK Group Chairman Chey Tae-won, building on existing partnerships with the country’s leading chipmakers. Samsung said Saturday that Altman met with around 50 executives from its affiliates spanning electronics, finance and biotechnology

The biggest names in banking and retail are starting to fight the tech titans, and one another, over a new kind of customer: the AI personal agent. JPMorgan Chase, Charles Schwab, Amazon, Neiman Marcus and Kohl’s have moved to block personal agents like Meta Muse just as consumers start sending them out to find better

The biggest names in banking and retail are starting to fight the tech titans, and one another, over a new kind of customer: the AI personal agent. JPMorgan Chase, Charles Schwab, Amazon, Neiman Marcus and Kohl’s have moved to block personal agents like Meta Muse just as consumers start sending them out to find better

INDIA – 2025/05/13: In this photo illustration, a Meta logo is seen displayed on a smartphone with a Google logo in the background. Sopa Images | Lightrocket | Getty Images Google and Facebook have dominated the internet for the past two decades, turning billions of eyeballs into trillions in advertising dollars over that stretch. But

The dollar steadied on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S. inflation data. Skaman306 | Moment | Getty Images Some companies are beginning to report financial benefits from artificial intelligence investments, as interest in the technology shifts from hype to measurable returns in the latest quarter. Corporate AI

The dollar steadied on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S. inflation data. Skaman306 | Moment | Getty Images Some companies are beginning to report financial benefits from artificial intelligence investments, as interest in the technology shifts from hype to measurable returns in the latest quarter. Corporate AI