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OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster...

After billions for Singapore and Malaysia, Google spends big in Thailand too

Alphabet Inc.’s Google plans to invest US$1 billion to build data centres in Thailand, joining global tech companies in adding cloud and AI infrastructure...

S&P 500 falls, Nasdaq drops 1% to start October as Middle East tensions intensify: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. Spencer Platt | Getty ImagesStocks...

5 things to know before the stock market opens Wednesday

Here are five key things investors need to know to start the trading day:1. Another one2. Faltering confidencePeople shop at a home improvement store...

CNBC Daily Open: It might be better economic data isn’t all rosy

People shop at a home improvement store on August 14, 2024, in New York City. Spencer Platt | Getty ImagesThis report is from today's CNBC...

Microsoft’s AI Lead Shrinks: Analyst Downgrades Stock As Amazon And Google Close The Gap

DA Davidson analyst Gil Luria downgraded the rating on Microsoft Corp (NASDAQ:MSFT) to Neutral from Buy while maintaining a price target of $475.Luria noted...

Stocks Gain as Traders Weigh Another Big Rate Cut: Markets Wrap

(Bloomberg) -- US equities eked out a gain as traders parsed commentary from Federal Reserve policymakers and saw scope for further easing after last...

Dow pops 500 points as Wall Street rallies a day after big Fed rate cut: Live updates

Meta, Lennar, American Express among stocks reaching new 52-week highsSeveral stocks in the S&P 500 — including major tech giants, homebuilders and financial names...

Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding

Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024.I-hwa...

Nvidia shares climbed nearly 16% last week — read the latest from CNBC Pro here

Nvidia stock got a boost last week as investors cheered comments by CEO Jensen Huang about the company's new AI chip rollout. Blackwell —...

OpenAI, Nvidia Executives Discuss AI Infrastructure Needs With Biden Officials

OpenAI Chief Executive Officer Sam Altman and Nvidia Corp. CEO Jensen Huang met with senior Biden administration officials and other industry leaders at the...

S&P 500 rises, Nasdaq closes 2% higher in rebound from inflation report rout: Live updates

Traders work on the floor of the New York Stock Exchange on Aug. 14, 2024.Spencer Platt | Getty ImagesStocks rose Wednesday in a bout...

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