Technology -

Technology

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Technology

Gaming accelerates, AI-driven ads boost revenue

TazaPulseAugust 12, 2026

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent posted a beat on second-quarter revenue thanks to an acceleration at its China gaming unit and AI-driven advertising, but its core profit missed analyst...

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Norway wealth fund posts $184 billion profit, reveals SpaceX stake

TazaPulseAugust 12, 2026

Nicolai Tangen, CEO of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Jan. 29, 2025. Naina Helén Jåma | Bloomberg | Getty Images Norway’s $2.3 trillion sovereign wealth fund reported a record half-year profit of more than $182 billion on Wednesday, as a rally in Asian technology stocks helped the fund...

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Koray Kavukcuoglu takes over in frontier AI push

TazaPulseAugust 12, 2026

Gemini AI signage during the Google I/O Developers Conference in Mountain View, California, US, on Tuesday, May 19, 2026. David Paul Morris | Bloomberg | Getty Images DeepMind’s new boss is set to face intense pressure to close the AI performance gap with OpenAI and Anthropic. OpenAI and Anthropic have released new systems in recent...

Cramer says ask yourself these 3 questions to figure out what’s really happening in the market

TazaPulseAugust 12, 2026

CNBC’s Jim Cramer said Tuesday investors don’t need to track every market move to understand what’s driving stocks. Instead, he said three simple questions can provide a quick read on Wall Street. “I learned early on that the averages don’t always tell the story,” the “Mad Money” host said. The market is influenced by countless...

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5 takeaways from the country’s latest auto sales data

TazaPulseAugust 12, 2026

Exterior view of the Tesla Gigafactory during a government-organised media trip in Shanghai, China, April 14, 2026. Go Nakamura | Reuters BEIJING — Survivors have emerged in China’s fiercely competitive car market, which is increasingly dominated by electric-powered vehicles. Here are brands that have emerged as Chinese consumers’ favorite, according to industry data from Autohome:...

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Riot Platforms signs Anthropic deal as miners shift to AI infrastructure

TazaPulseAugust 11, 2026

Cheng Xin | Getty Images News | Getty Images Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic, CNBC’s David Faber has confirmed. The agreement would lease 191 megawatts at Riot’s Rockdale, Texas computer campus, giving Anthropic access to scarce, grid-connected power as demand surges for computing power that can...

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Longtime OpenAI executive Brad Lightcap leaves as shakeup at AI lab continues

TazaPulseAugust 11, 2026

Brad Lightcap, Chief Operating Officer at OpenAI, attends a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 20, 2023. Eric Gaillard | Reuters Longtime OpenAI executive Brad Lightcap announced his departure on Tuesday, the latest in a series of recent leadership shakeups at the artificial intelligence company. Lightcap joined OpenAI...

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Nvidia releases Nemotron 3.5 Lightning, open-source AI model

TazaPulseAugust 11, 2026

Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a BlueField-4 STX Storage tray, from left, Vera CPU compute tray, and Spectrum-X Ethernet Photonics Switch System while holding a Spectrum-X Ethernet Photonics chip during a keynote address at the Nvidia GTC conference in San Jose, California, US, on Monday, March 16, 2026. Bloomberg...

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5 things to know before the stock market opens Tuesday

TazaPulseAugust 11, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. If you’re debating whether to stay invested in the stock market, Goldman Sachs’ co-head of global banking and markets has some advice. Stock futures are little changed this morning after a muted day on Wall Street. Here are five key...

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OpenAI wraps $7 billion share sale ahead of potential IPO

TazaPulseAugust 11, 2026

OpenAI CEO Sam Altman walks between meetings on Capitol Hill, in Washington, U.S., July 29, 2026. Nathan Howard | Reuters OpenAI completed a secondary share sale totaling roughly $7 billion, allowing current and former employees to sell stock at the company’s $852 billion valuation, CNBC confirmed on Monday. The tender offer has been in the...