CNBC

OpenAI mulls slashing prices ahead of competition from Anthropic

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OpenAI is reportedly considering cutting prices for paid access to its AI models, the WSJ reported on Wednesday, citing sources familiar with the matter.



Germany and France drop joint fighter jet project - CNBC

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A European source briefed on the matter said the two sides were moving towards a face-saving solution in which the systems outside the core fighter, such as ...



GSK in talks to acquire Nuvalent for more than $9 billion - CNBC

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The companies have been in discussions with the aim of finalizing a deal as early as this week, the FT reported, citing people familiar with the matter.



SpaceX IPO explained: Price is set, but retail still up in the air - CNBC

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SpaceX has told investors that it plans to stop taking orders on Wednesday, a day early, according to people familiar with the matter who asked not to be named ...



SpaceX employees create low-fee Choreo wealth management plan ...

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... on the condition of anonymity to discuss confidential agreements. What began as an informal chat forum focused on philanthropy has grown into a broader ...



Jeffrey Epstein assistant Lesley Groff questioned by House panel

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Groff denied she knew about Epstein's crimes, the source said. Groff worked for Epstein for nearly 20 years, and her name appears more than 150,000 times in ...



OpenAI confidentially files for IPO, prepping Wall Street for AI debut

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... according to a person familiar with the plans who asked not to be named because the details are private. The company has been working with banks including ...



Banco BPM invites MPS to talks to form Italy's second-biggest bank

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The bank has a board meeting scheduled on Monday, giving it a first opportunity to discuss the matter, according to a person close to the matter. Banco BPM ...



Trump administration, OpenAI discussing possible government stake

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... asked not to be named because the details are confidential. Continue Reading. The talks continued this week as Altman met with a range of lawmakers and ...



Kalshi is building a Bloomberg terminal for prediction markets - CNBC

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The source said the company is creating the software to establish a singular product for its highest engaged retail traders, colloquially known as "sharps ...



India to drop capital gains tax for foreign investors in government ...

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A withholding tax of 20% they pay on interest earned in government bonds may also be removed, the source said. India stands more or less in line with global ...



Trump's 'big beautiful bill' has 'double taxation' trap, lawyers say

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The person spoke on the condition of anonymity because they weren't authorized to speak publicly on the matter. With six months until the end of the year ...



Fed Chair Warsh makes first hires at central bank, including 'Project ...

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Kevin Warsh has made his first two hires after his swearing-in as Federal Reserve chair last month, according to a person familiar with the matter. The two ...



SpaceX targets fixed $135 IPO price for roadshow, source says

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... a person familiar with the matter confirmed to CNBC on Wednesday. Typically, at this stage of the process, new issuers will offer a price range that allows ...



Polymarket cuts ties with George Santos as regulators probe trades

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24 speech, according to a person familiar with the investigation. He later blamed a delayed flight for missing the event. Continue Reading. The suspicious ...



Israel Benjamin Netanyahu CNBC exclusive interview on Iran war

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The official, who asked not to be named in order to discuss private negotiations, told CNBC that Iran, a signatory to the Nuclear Non-Proliferation Treaty ...



DeepSeek slated to draw $7 billion in maiden fundraising, sources say

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Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round, people with knowledge of the matter said.



Pulte as spy chief would give Trump attack dog access to ... - CNBC

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The choice of Pulte also speaks to how Trump views the director of national intelligence position, a former CIA station chief, who asked not to be named in ...



Oil prices rise as Iran reviews US deal to halt war - CNBC

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The semi-official Fars agency, citing a source, said that messages on the possible deal, or memorandum of understanding, had stopped a few days ago, with ...



Microsoft and Google take on Anthropic and OpenAI in AI coding ...

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... a person familiar with the plans who asked not to be named in order to discuss internal matters. The Information reported on the plans last week. Microsoft ...



EU seeks to 'intensify' talks with U.S. on AI models amid Mythos ...

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... a person familiar with the discussions between the EU and Anthropic told CNBC. The person requested anonymity because they're not permitted to speak ...



European stocks to inch higher amid potential ceasefire extension

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... an anonymous source. The pair signed a letter of intent last October that could see Sweden sell as many as 150 Saab Gripen fighter jets to Ukraine. Saab ...



Gold gains on U.S.-Iran ceasefire optimism but set for monthly drop

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U.S. gold futures gold futures for August delivery rose 0.4% to $4,550.00. Four sources familiar with the matter said the proposed U.S.-Iran deal would extend ...



Mercedes-Benz may be shut out of U.S. market under bill ... - CNBC

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Two sources who agreed to speak on the condition of anonymity for fear of repercussions or because they weren't authorized to speak publicly said they ...



Drone stocks surge on report Pentagon considering stakes in the ...

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The Pentagon has held months of discussions with a group of drone companies about potential funding deals, people familiar with the matter told The Wall Street ...



Oil prices: U.S. strikes in Iran revive fear over Strait of Hormuz - CNBC

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President Trump still needs to approve the MOU, the sources said. The apparent MOU came hours after the U.S. and Iran exchanged military strikes. In this ...



Anthropic tops OpenAI as most valuable AI startup, nears $1 ... - CNBC

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The person asked not to be named because the decisions are internal. Not to be left too far behind, Anthropic is also getting its IPO ready behind the ...



European stocks slide, but defense sector rallies after Ukraine ...

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Citing an anonymous source, Reuters reported on Thursday that Zelenskyy and Swedish Prime Minister Ulf Kristersson will jointly announce an agreement to ...



Samsung plans $1.5 billion chip testing plant in Vietnam, document ...

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More than 200 Samsung engineers and staff have been working on the site of the project at least since April, said a person briefed on the matter, who ...



Pentagon spars with SpaceX over Starlink price hike during Iran war

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... sources familiar with the matter and Pentagon documents reviewed by Reuters. The disagreement over Starlink's use on LUCAS suicide drones — a cheap U.S. ...



Democratic AGs snub Vance's White House anti-fraud roundtable

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The event was originally intended for Republican attorneys general, but Vance later extended the invite to Democrats, a person familiar with the situation told ...



SpaceX-Tesla merger chatter reignites as Musk rocket ... - CNBC

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... asked not to be named due to the sensitivity of the topic. A current Tesla employee told CNBC that many workers at the electric vehicle company have long ...



Iran and U.S. play down hopes for imminent breakthrough in war

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Speaking on the condition of anonymity, the official said Iran had agreed "in principle" to open the Strait of Hormuz, in exchange for the United States ...



Trump links Abraham Accords to Iran deal - CNBC

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"Pakistan is under no compulsion to adhere to any such demand," the source said. Israeli Prime Minister Benjamin Netanyahu's office also did not immediately ...



Taiwan and China coast guards in standoff at top of South China Sea

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... on condition of anonymity due to the sensitivity of the situation. The coast guard said on Friday night it had also driven away for the second time this ...



Suspect dead after opening fire near White House security checkpoint

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The suspect was identified as 21-year-old Nasire Best, said a law enforcement official who spoke on the condition of anonymity because they were not authorized ...



Wall Street thinks IMAX is ripe for a sale. Here's who could buy it

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CNBC's source spoke on the condition of anonymity due to the confidential nature of the discussions. The Wall Street Journal first reported the potential ...



Microsoft was positioned to win in AI coding. Outages got in the way

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With the extra load, GitHub effectively ran out of space, said two people familiar with the issue who asked not to be named in order to discuss internal matters ...



How Fanatics cornered the sports collectibles market - CNBC

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No such equity terms, however, have been agreed on under the FIFA-Fanatics pact, a source familiar with the matter told CNBC, who declined to be named ...



Anthropic, Microsoft in talks about Maia AI chip deal - CNBC

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Anthropic has not yet closed a deal with Microsoft over the use of the Maia, said a person familiar with the deal who asked not to be named in order to discuss ...



LIV Golf seeks to raise up to $350 million from investors - CNBC

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... requested anonymity given the confidential nature of the discussions. The capital raise plans are being taken to market by boutique investment bank Ducera ...



Starbucks scraps AI inventory tool across North America: Reuters

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... people with direct knowledge of the situation. The tool was part of CEO Brian Niccol's efforts to fix the coffee chain's persistent product shortages that ...



IMAX has held 'preliminary talks' with potential buyers: Source - CNBC

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IMAX's longtime bankers occasionally test the waters for potential interest, said the person, who spoke on the condition of anonymity due to the confidential ...



Zuckerberg's Meta layoffs memo: 'Success isn't a given' in the AI era

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In addition to the job cuts, about 7,000 employees will be moved into new AI-focused roles, according to a person familiar with the matter. Other tech ...



Former Cuban President Raul Castro charged with murder in U.S.

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A U.S. Justice Department official told Reuters last week on the condition of anonymity that the charges against him are expected to be based on a 1996 ...



OpenAI to confidentially file for IPO as soon as Friday: Source - CNBC

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... asked not to be named because the details are confidential. "As part of normal governance, we regularly evaluate a range of strategic options," An OpenAI ...



Anthropic set to hit $10.9 billion in revenue in Q2, source says - CNBC

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If Anthropic hits that target, it will post its first profitable quarter, according to a source familiar with the matter who asked not to be named because the ...



Blackstone to invest $5 billion in AI infrastructure venture with Google

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... sources familiar with the matter. Blackstone did not disclose the venture's ownership structure in its statement, and did not respond to CNBC's request for ...



SpaceX picks Goldman Sachs for lead left position on IPO, sources ...

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SpaceX has picked Goldman Sachs for the lead left position on its IPO prospectus, according to people familiar with the matter. Morgan Stanley comes next, ...



SpaceX picks Goldman Sachs to lead record-breaking IPO, sources ...

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... asked not to be named due to confidentiality. Elon Musk's reusable rocket company is expected to make its prospectus public as soon as Wednesday after ...

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