Amazon Is Building a New Home Robot Team, Job Postings Suggest
CNBC's review of listings points to a "new-to-world robot product" after Amazon bought humanoid maker Fauna Robotics in March and scaled back its Astro team.
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Amazon: Amazon Is Building a New Home Robot Team, Job Postings Suggest Meta: Meta Strategy Chief Dave Wehner Leaves to Become CFO of AI Startup Fireworks Tesla: Tesla Will Stop Making the Cybertruck in 2027, Musk Says Microsoft: Microsoft Reportedly Plans to Use Fewer Neocloud Providers as It Builds Its Own Data Centers Nvidia: Nasdaq Falls 5.5% in Worst Day Since April 2025 as Chip Stocks Tumble, Nvidia Down 9% Nvidia: Chinese AI Lab Moonshot Reportedly Sought Nvidia Blackwell Capacity in Europe Meta: Meta Indefinitely Pauses Terms Update That Would Have Allowed Scraping Business Users' Sites Google: Google Plans $17 Billion Wyoming Data Center Powered by 702 MW of Fuel Cells Amazon: Amazon Is Building a New Home Robot Team, Job Postings Suggest Meta: Meta Strategy Chief Dave Wehner Leaves to Become CFO of AI Startup Fireworks Tesla: Tesla Will Stop Making the Cybertruck in 2027, Musk Says Microsoft: Microsoft Reportedly Plans to Use Fewer Neocloud Providers as It Builds Its Own Data Centers Nvidia: Nasdaq Falls 5.5% in Worst Day Since April 2025 as Chip Stocks Tumble, Nvidia Down 9% Nvidia: Chinese AI Lab Moonshot Reportedly Sought Nvidia Blackwell Capacity in Europe Meta: Meta Indefinitely Pauses Terms Update That Would Have Allowed Scraping Business Users' Sites Google: Google Plans $17 Billion Wyoming Data Center Powered by 702 MW of Fuel Cells
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AI
Meta Strategy Chief Dave Wehner Leaves to Become CFO of AI Startup Fireworks
The former Meta finance chief, who joined in 2012, announced the move on X; Fireworks was valued at $17.5 billion in a July round.
Devices
Tesla Will Stop Making the Cybertruck in 2027, Musk Says
The CEO said on X that the Texas factory space will go to the two-seat Cybercab robotaxi, according to TechCrunch.
Cloud & Infrastructure
Microsoft Reportedly Plans to Use Fewer Neocloud Providers as It Builds Its Own Data Centers
People familiar with the plans told CNBC and Bloomberg that Microsoft will narrow its neocloud roster; no decision has been made on which partners stay.
Markets
Nasdaq Falls 5.5% in Worst Day Since April 2025 as Chip Stocks Tumble, Nvidia Down 9%
CNBC reports Nvidia and Qualcomm each lost more than 9% as Wall Street weighed the midterm results, rate worries and a memory shortage; chips partly rebounded Friday.
Latest News
Chips
Chinese AI Lab Moonshot Reportedly Sought Nvidia Blackwell Capacity in Europe
Sources told CNBC the Kimi developer discussed renting clusters of 8,000 or more GPUs from European neoclouds, as US lawmakers weigh limits on remote chip access.
AI
Meta Indefinitely Pauses Terms Update That Would Have Allowed Scraping Business Users' Sites
The November 20 changes drew injunctions in Norway and Brazil, a UK competition investigation and a letter from two U.S. senators, Nieman Lab reports.
Cloud & Infrastructure
Google Plans $17 Billion Wyoming Data Center Powered by 702 MW of Fuel Cells
The first Wyoming site, in Laramie County near Cheyenne, will use Bloom Energy fuel cells, gas generators and a study of carbon capture, Google said.
Deals & Funding
Palo Alto Networks Reportedly in Talks to Buy AI-Agent Security Startup Clutch for $500 Million
The Information first reported the cash-plus-milestones deal, which TechCrunch says would value the three-year-old company at about 50 times annual recurring revenue.
AI
OpenAI's Brockman Says Company Could Be Ready to Go Public in 2027
Speaking at a Wall Street Journal conference, the president said enterprise revenue doubled in the third quarter and that early 2026 was "pretty rough" for that business.
Chips
Qualcomm Handset Revenue Falls 26% in Fiscal Q4 as Automotive Sales Hit a Record
Total revenue slipped 8% to $10.3 billion; the company guided to $10.4 billion to $11.2 billion for the next quarter.
Markets
Snap Posts Q3 Net Income of $56 Million on 14% Revenue Growth, Will Switch to MAU Metric
Revenue reached $1.72 billion and adjusted EBITDA more than doubled, while North America daily users fell 6%.
AI
Apple Reportedly Cuts Daily AI Spending Caps for Engineering Teams
Bloomberg reported the limit fell from $300 to $200 a day in October, with further cuts planned and a cap as low as $25 under consideration elsewhere in the company.
AI
Meta Strategy Chief Dave Wehner Leaves to Become CFO of AI Startup Fireworks
The former Meta finance chief, who joined in 2012, announced the move on X; Fireworks was valued at $17.5 billion in a July round.
AI
Meta Indefinitely Pauses Terms Update That Would Have Allowed Scraping Business Users' Sites
The November 20 changes drew injunctions in Norway and Brazil, a UK competition investigation and a letter from two U.S. senators, Nieman Lab reports.
AI
OpenAI's Brockman Says Company Could Be Ready to Go Public in 2027
Speaking at a Wall Street Journal conference, the president said enterprise revenue doubled in the third quarter and that early 2026 was "pretty rough" for that business.
Chips
More Chips →
Chips
Chinese AI Lab Moonshot Reportedly Sought Nvidia Blackwell Capacity in Europe
Sources told CNBC the Kimi developer discussed renting clusters of 8,000 or more GPUs from European neoclouds, as US lawmakers weigh limits on remote chip access.
Chips
Qualcomm Handset Revenue Falls 26% in Fiscal Q4 as Automotive Sales Hit a Record
Total revenue slipped 8% to $10.3 billion; the company guided to $10.4 billion to $11.2 billion for the next quarter.
Chips
AMD Q3 Revenue Rises 45% to $13.4 Billion as Data Center Sales Nearly Double
The chipmaker guides to about $17 billion for the fourth quarter, while gaming revenue fell 40%.
Devices
More Devices →
Devices
Amazon Is Building a New Home Robot Team, Job Postings Suggest
CNBC's review of listings points to a "new-to-world robot product" after Amazon bought humanoid maker Fauna Robotics in March and scaled back its Astro team.
Devices
Tesla Will Stop Making the Cybertruck in 2027, Musk Says
The CEO said on X that the Texas factory space will go to the two-seat Cybercab robotaxi, according to TechCrunch.
Devices
Apple Releases iOS 27.2 With Siri AI in Five New Languages and 160-Plus Security Fixes
The update adds Siri AI memory features, FaceTime accessibility tools and Apple TV Multiview, and backports fixes to older iOS versions.
Cloud & Infrastructure
More Cloud & Infrastructure →
Cloud & Infrastructure
Microsoft Reportedly Plans to Use Fewer Neocloud Providers as It Builds Its Own Data Centers
People familiar with the plans told CNBC and Bloomberg that Microsoft will narrow its neocloud roster; no decision has been made on which partners stay.
Cloud & Infrastructure
Google Plans $17 Billion Wyoming Data Center Powered by 702 MW of Fuel Cells
The first Wyoming site, in Laramie County near Cheyenne, will use Bloom Energy fuel cells, gas generators and a study of carbon capture, Google said.
Cloud & Infrastructure
Amazon Q3: AWS Sales Grow 39%, Fastest in Nearly Five Years, as 2026 Capex Heads to $220 Billion
Net sales rose 12% to $201.9 billion and operating margin hit a record 13.9%, while trailing free cash flow turned negative on AI spending.
Security
More Security →
Security
Germany's Cyber Agency Says Lawmakers Received Apple Spyware Warnings
The BSI told recipients to assume their iPhones may be compromised; Apple said the latest threat notifications went to users in 99 countries.
Security
Public Exploit Released for Android "SMS of Death" Flaw That Crashes Unpatched Phones
CVE-2026-58882 was fixed for Android 14 through 17 in October, but Android 12 and 13 devices remain exposed to a text message that can crash the phone process.
Security
Northflank Breach Leads to Abuse of Customers' AI API Keys, Wiz Reports Wave of Incidents
The cloud platform told users to assume environment variables were decrypted; Wiz counts at least nine October incidents at AI developer platforms.
Deals & Funding
More Deals & Funding →
Deals & Funding
Palo Alto Networks Reportedly in Talks to Buy AI-Agent Security Startup Clutch for $500 Million
The Information first reported the cash-plus-milestones deal, which TechCrunch says would value the three-year-old company at about 50 times annual recurring revenue.
Deals & Funding
Oracle Launches $20 Billion Stock and Bond Sales to Fund AI Buildout, Shares Fall Nearly 9%
The company is reportedly selling $10 billion of new shares and $10 billion of notes, the split it outlined at its October 28 investor day.
Deals & Funding
Marvell to Acquire Lumentum in All-Stock Deal Valued at $115 Billion Including Debt
TechCrunch reports the optical networking deal exchanges 4.5 Marvell shares for each Lumentum share and is not expected to close until the first half of 2028.
Markets
More Markets →
Markets
Nasdaq Falls 5.5% in Worst Day Since April 2025 as Chip Stocks Tumble, Nvidia Down 9%
CNBC reports Nvidia and Qualcomm each lost more than 9% as Wall Street weighed the midterm results, rate worries and a memory shortage; chips partly rebounded Friday.
Markets
Snap Posts Q3 Net Income of $56 Million on 14% Revenue Growth, Will Switch to MAU Metric
Revenue reached $1.72 billion and adjusted EBITDA more than doubled, while North America daily users fell 6%.
Markets
Apple Inventory Jumps 154% as CEO Ternus Calls Memory Pricing "Unprecedented"
The company guided to a 45% to 46% gross margin for the December quarter, down from 47.9%, and did not rule out future device price increases.
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