Anthropic has signed a term sheet for a $10 billion funding round at a $350 billion valuation, CNBC confirmed on Wednesday. Coatue and Singapore sovereign wealth fund GIC are leading the financing, according to a source familiar who asked not to be named because the discussions are confidential. A representative for Anthropic declined to comment….
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Tesla CEO Elon Musk said Tuesday that it will take several years…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Guests at my home will be pleased to know that I, despite personal fascination, live outside the delivery radius of this shower water beer. Stock futures are little changed this morning. The market is coming off another winning session. Here…
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals for electric vertical takeoff and…
A startup in the clean-water space is making a curious bet on beer. Curious, because the beer is made from recycled shower and laundry water. San Francisco-based Epic Cleantec launched in 2015 as a wastewater recycling company using its proprietary technology to clean and reuse water in office and apartment buildings. At the time, CEO…
Meta said Tuesday that it hired former Microsoft legal executive Curtis Joseph Mahoney to become its chief legal officer. Mahoney will replace Meta’s previous head lawyer Jennifer Newstead, who announced in December that she would be leaving Meta to become Apple’s general counsel in March. He joins Meta at a time when the company is…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Software startup NinjaOne has surpassed $500 million in annual recurring revenue, or ARR, the company announced Tuesday. The IT management platform saw revenue grow nearly 70% year over year and its customer base increase more than 60% over the last year to 35,000. President and…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. We’re not even a week into the new year and I’ve already started telling myself that my resolution to read more can include reviewing drafts of this newsletter. Stock futures are little changed this morning. The market is coming off…
CNBC is now accepting applications for the 2026 Disruptor 50 list — our fourteenth annual look at venture-backed companies innovating across industries, experimenting with AI and, increasingly, making it work at scale. The deadline for submissions is Monday, Feb. 23 at 11:59 pm EST. All independent, privately-owned companies founded after Jan. 1, 2011, are eligible,…
Following the U.S. military operation in Venezuela that led to the removal of its leader, Nicolás Maduro, artificial intelligence-generated videos purporting to show Venezuelan citizens celebrating in the streets have gone viral across social media. These AI clips, depicting celebrating crowds, have amassed millions of views across platforms like TikTok, Instagram and X. One of…
