Fidji Simo, CEO of Instacart Inc., speaks during an interview in San Francisco, March 3, 2022. David Paul Morris | Bloomberg | Getty Images OpenAI is focusing employee and investor attention on its enterprise business as the artificial intelligence startup gears up to go public, potentially by the end of the year, CNBC has learned….
Thoma Bravo co-founder Orlando Bravo on Tuesday said that artificial intelligence will disrupt software companies faster, and some of the hits to valuation are “very warranted.” “There are many, many software companies in the public markets that will be disrupted from AI,” he told CNBC’s Leslie Picker at Thoma Bravo’s investor meeting in Miami. “Those…
A Tesla Inc. Megapack battery after being placed into position at the Harmony Energy Ltd. and Fotowatio Renewable Ventures BV (FRV) battery energy storage project near Burgess Hill, U.K. on Tuesday, May 11, 2021. Chris Ratcliffe | Bloomberg | Getty Images Tesla is expanding ties with South Korea’s LG Energy Solution, striking a deal to…
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the U.S. president on the sidelines of the World Economic Forum annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | Afp | Getty Images Apple CEO Tim Cook used a “Good Morning America” appearance on Monday to shut down…
A view of the Mastercard company logo on its stand during the Mobile World Congress in Barcelona on March 1, 2017. Joan Cros Garcia – Corbis | Corbis News | Getty Images Mastercard on Tuesday said it agreed to acquire BVNK, a London-based stablecoin infrastructure firm, for up to $1.8 billion. It’s the payment network’s…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Soon, your garage won’t be the only gym with a Peloton Bike. The fitness company is ramping up its commercial business, announcing yesterday new Bike and Tread products designed for busy gyms. Stock futures are little changed this morning after…
A worker delivers Amazon packages in San Francisco, California, on Feb. 2, 2026. David Paul Morris | Bloomberg | Getty Images Amazon said Tuesday it’s starting one-hour and three-hour deliveries in parts of the U.S., as the company continues to look for ways to satisfy impatient consumers. The company said three-hour delivery is available in…
CNBC’s Jim Cramer on Monday welcomed the drop in oil prices that sent stocks higher, but said the real action for investors is unfolding at Nvidia’s GTC artificial intelligence showcase this week. Nvidia shares participated in a broad stock market rally that was fueled by President Donald Trump “allowing Iranian oil to get through the…
Nvidia announced the launch of computing platforms for orbital data centers on Monday during its GTC 2026 conference, a highly anticipated next step for artificial intelligence in space. “Space computing, the final frontier, has arrived,” said CEO Jensen Huang. “As we deploy satellite constellations and explore deeper into space, intelligence must live wherever data is…
Nvidia CEO Jensen Hwang gives the keynote address at the company’s annual GTC developers conference at the SAP Center in San Jose, California, on March 16, 2026. Josh Edelson | Afp | Getty Images Nvidia is expanding deals for its autonomous vehicle development business to Hyundai Motor, Nissan Motor and Isuzu, as well as Chinese…
