Silver’s big swing, another AI acquisition for Meta, GM’s banner year and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
CNBC
UK’s Octopus Energy to spinoff AI unit Kraken at $8.65 billion valuation
British renewable energy startup Octopus Energy is set to spin out its AI tech unit Kraken Technologies, as an independent company valued at $8.65 billion.
UK’s Octopus Energy to spinoff AI unit Kraken at $8.65 billion valuation Read More »
Elon Musk envisions humanoid robots everywhere. China may be the first to make it a reality
China has made the development of humanoid robots a strategic priority in its tech battle with the U.S.
Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves
Meta Platforms has acquired Manus, a Singapore-based developer of general-purpose AI agents, capping a year of massive spending on artificial intelligence.
Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves Read More »
California’s Ro Khanna faces Silicon Valley backlash after embracing wealth tax
A proposal to tax California billionaires at 5% of their wealth could land on the California ballot in November.
California’s Ro Khanna faces Silicon Valley backlash after embracing wealth tax Read More »
S&P 500 hits new highs, flight cancellations, the restaurant industry’s value push and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
DigitalBridge shares jump 50% after report SoftBank is in talks to acquire firm
The premarket move comes shortly after Bloomberg reported Japan’s SoftBank was in advanced talks to acquire the data center investment firm.
DigitalBridge shares jump 50% after report SoftBank is in talks to acquire firm Read More »
China to crack down on AI chatbots around suicide, gambling
The proposed rules come as Chinese artificial intelligence chatbot startups Minimax and Z.ai have this month filed for Hong Kong IPOs.
China to crack down on AI chatbots around suicide, gambling Read More »
AI agents could soon book flights and shop for you, and Visa and Mastercard want in
Major payment and tech companies are racing to build the infrastructure to enable agentic commerce, a trend they expect will transform global shopping.
AI agents could soon book flights and shop for you, and Visa and Mastercard want in Read More »
From data center spas to servers in space: How the energy crunch is reshaping cloud computing
Data centre developers and designers are starting to get creative.