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Technology

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Island raises $400 million in latest round at $6.4 billion valuation

TazaPulseSeptember 24, 2026

Mike Fey, CEO of Island. Courtesy: Method Communications The scramble to secure businesses against swarms of rogue artificial intelligence agents is fueling demand for new security tools. The latest beneficiary of that trend is Dallas-based browser security startup Island, which announced a $400 million funding round at a $6.4 billion valuation on Thursday. “Every old...

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China’s AI chip blitz gives President Xi leverage as leaders meet

TazaPulseSeptember 24, 2026

SHANGHAI, CHINA – JULY 17: Chinese President Xi Jinping during the opening ceremony of the High-Level Meeting on Global Governance for the World AI Conference in Shanghai, Friday, July 17, 2026. Pool | Getty Images News | Getty Images Chinese President Xi Jinping has kicked off his first U.S. state visit in more than a...

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Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant amid AI agent push

TazaPulseSeptember 24, 2026

The logo for the Meta Connect developer conference is on display at Facebook’s headquarters in Menlo Park, California on Sept. 23, 2026. Andrej Sokolow | Picture Alliance | Getty Images Meta CEO Mark Zuckerberg is continuing his metaverse bet centering on virtual reality while pushing forward on AI agents. The Facebook co-founder revealed on Wednesday...

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Meta’s standoff with Amazon over Muse comes ahead of Meta Connect

TazaPulseSeptember 24, 2026

Meta CEO Mark Zuckerberg attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 9, 2026. Brendan McDermid | Reuters Meta’s rollout of its Muse AI personal agent has been a big hit with consumers and investors. The stock has jumped more...

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5 things to know before the stock market opens Wednesday

TazaPulseSeptember 23, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. It’s CJ, back for another edition. The weather’s starting to cool down outside our Englewood Cliffs bureau, and, being a native Californian, I always get excited at the thought of a real autumn. But if you’re still in a tropical...

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Trump-Xi meeting puts AI safety, chips and U.S.-China rivalry in focus

TazaPulseSeptember 23, 2026

U.S. President Donald Trump (R) gestures to China’s President Xi Jinping as he leaves after a visit to Zhongnanhai Garden in Beijing on May 15, 2026. Evan Vucci | Afp | Getty Images Donald Trump wants the U.S. to beat China in the AI race. But as he meets Chinese President Xi Jinping, both countries...

Soybeans, planes and rare earths signify fragile U.S.-China trade truce

TazaPulseSeptember 23, 2026

US President Donald Trump (L) meets with China’s President Xi Jinping on the sidelines of their visit to Zhongnanhai Garden in Beijing on May 15, 2026. Evan Vucci | Afp | Getty Images Soybean purchases, orders for Boeing aircraft and access to rare earths elements — three of the headline commitments underpinning the U.S.-China trade...

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Companies rethink entry-level, graduate and junior hiring

TazaPulseSeptember 23, 2026

At London-based ad agency Catalyst, one junior employee can now handle five different client accounts. Previously, several were needed, according to founder Tobias Green. Now, AI tools handle research, write the first pass of copy, and gather data. “Then you need someone to come in and fix it up,” he said, comparing the arrangement to...

Technology

Cisco stock sinks 5% after Piper Sandler cuts price target

TazaPulseSeptember 23, 2026

Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. Kent Nishimura | Afp | Getty Images Cisco stock dropped almost 5% on Tuesday as Piper Sandler cut its price target for the networking equipment vendor to $125 from $132. Piper analysts cited lower price-to-earnings...

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Anthropic and OpenAI launch cheaper models

TazaPulseSeptember 23, 2026

Anthropic and OpenAI on Tuesday each announced new, less costly artificial intelligence models as both frontier labs continue to face stiff competition from cheaper, open-weight competitors. OpenAI introduced additional tiers to its GPT-6 family, with GPT-6 Sol and GPT-6 Luna, slashing the API prices by 50% compared with GPT-5.6 promotional pricing. Sol, which is a...