The Anthropic AI logo is displayed on a mobile phone with a visual digital background. Nurphoto | Nurphoto | Getty Images Anthropic, the artificial intelligence lab that’s taken heat from the White House for its support of regulations and safety, is putting $20 million into the political arena ahead of the 2026 elections. The company…
Singapore topped the list on the Economist Intelligence Unit’s business environment ranking. franckreporter | E+ | Getty Images Singapore launched a slew of schemes to harness artificial intelligence, including tax breaks for companies and support for workers to learn AI skills. Presenting the country’s Budget on Thursday, Prime Minister Lawrence Wong announced that Singapore will…
Instagram CEO Adam Mosseri testifies at a U.S. Senate hearing in Washington, D.C., on Dec. 8, 2021. Brendan Smialowski | AFP | Getty Images Instagram chief Adam Mosseri said Wednesday during testimony in a high-profile social media trial that he thinks there can be problematic usage of social media, but does not think it constitutes…
Meta Ray-Ban Gen 2 AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images EssilorLuxottica‘s more than tripled its Meta artificial intelligence glasses sales last year, the Ray-Ban maker said on Wednesday in its fourth-quarter results. The French-Italian eyewear brand…
Thoma Bravo co-founder Orlando Bravo on Wednesday said software stocks are “oversold” and the sector is being pulled down by a lack of profits. “Most of these 300 publicly traded software companies, they don’t have enough profits,” he told CNBC’s “Money Movers.” “They trade as a multiple of revenue, and that’s very, very dangerous.” Thoma…
In this photo illustration, the Threads logo is displayed on a cell phone in Rio de Janeiro, Brazil, on September 4, 2024. Mauro Pimentel | AFP | Getty Images Meta on Wednesday debuted an AI feature called “Dear Algo” that lets Threads users personalize their content-recommendation algorithms. Threads users will be able to tell the…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and happy jobs Wednesday. We may have had to wait five extra days for January’s nonfarm payrolls report, but at least we’ve had the Winter Olympics to pass the time. Norway currently leads with six gold medals, while the U.S….
Lyft CEO David Risher defended the company’s fourth-quarter results Wednesday, telling CNBC that consumer demand remains strong. “We have record profits, generated over a billion dollars in cash, and that’s a result of our customer-obsessed strategy, which just keeps working and growing the company,” he told CNBC’s “Squawk Box.” “So, love what we’re seeing, and…
Samuel Boivin | Nurphoto | Getty Images Cloudflare‘s stock rallied 10% Wednesday after the company beat Wall Street’s fourth-quarter estimates and issued upbeat guidance as artificial intelligence adoption fuels demand for its networking and security tools. In an earnings call with analysts Tuesday, CEO Matthew Prince said the rise of AI and agentic tools that…
Apptronik has raised $520 million in funding at a $5 billion valuation as the startup aims to commercialize its humanoid Apollo robots, potentially beating Chinese competitors and Tesla’s Optimus to the market. The new funding, announced on Wednesday, brings Apptronik’s series A funding round to $935 million. B Capital, chaired by Howard Morgan, co-led the…
