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Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reports
Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reports June 8 : AI firm Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CNBC reported on Monday, citing an interview with CEO Aravind Srinivas. • "Agnostic of these two companies, we were planning for something in 2028, so that still remains the case," Srinivas told CNBC in an interview.
Perplexity planning IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
Perplexity planning IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC June 8 : AI firm Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CNBC reported on Monday, citing an interview with CEO Aravind Srinivas. "Agnostic of these two companies, we were planning for something in 2028, so that still remains the case," Srinivas told CNBC in an interview.
Blue Origin launch pad repairs could take 'serious time', NASA chief tells CNBC
Blue Origin launch pad repairs could take 'serious time', NASA chief tells CNBC June 1 : Damage to a Blue Origin launch pad from the spectacular explosion of the company's giant New Glenn rocket during a test firing of its engines last week will "take some serious time" to repair, NASA Administrator Jared Isaacman told CNBC on Monday. A 2028 time frame was "within the realm" of possibility, he said in an interview at CNBC's CEO Council Summit, the network reported. The powerful two-stage...
France's Macron invites Sam Altman to attend G7, OpenAI tells CNBC
OpenAI chief Sam Altman will be attending the G7 conference in France later this month, CNBC has learned, as President Emmanuel Macron steps up efforts to court tech leaders across the globe in support of the country's AI ambitions. France is hosting 2026's G7 conference — an annual meeting of heads of state or government — from June 15-17, with AI expected to feature prominently on the agenda. Altman was invited by Macron to participate in the Leaders Summit, OpenAI told CNBC exclusively,...
Trump tells CNBC: 'I don't care' if Iran negotiations are over
President Donald Trump on Monday shrugged off the possible collapse of peace negotiations with Iran, telling CNBC, "I don't care if they're over, honestly." "I really don't care. I couldn't care less," Trump told CNBC's Eamon Javers in a phone interview when asked about reporting that Iranian negotiators will stop communications with the U.S. due to Israel's military operations in Lebanon.
Nvidia-backed $5 billion AI company tells CNBC it's launching major expansion in London
American AI company Runway is planning a major expansion in London, CNBC has learned, following in the wake of Anthropic and OpenAI as U.S. tech companies increasingly look to tap into commercial and talent opportunities in the city. Runway, which is building world models, on Monday exclusively told CNBC that the company plans to make London its new European headquarters and will invest more than $200 million into the U.K.'s AI ecosystem by the end of 2028. The company most recently raised...
AI revolution is '50x bigger' than the dotcom boom: SoftBank's Masayoshi Son to CNBC
The AI revolution is 50 times bigger than the Dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday. "I think this is like more than 10x, probably 50x bigger than dotcom," Son told CNBC's Arjun Kharpal in Paris, a day after the company announced that it's investing 75 billion euros ($87 billion) to build AI infrastructure in France, including 5 GW of AI data center capacity. "Even dotcom there was a bubble and burst, but then right after that, the peak of the dotcom...
AI is designing OpenAI's next model in a sign of 'super intelligence': SoftBank's Masayoshi Son to CNBC
OpenAI's next model is being designed by another model in a sign that AI is reaching "super intelligence," SoftBank CEO Masayoshi Son told CNBC. The billionaire's comments come amid a warning from Anthropic that AI development may need to be slowed down to deal with the implications of the rapid pace of improvement. Son runs SoftBank, one of the world's biggest tech investors and one of the largest OpenAI shareholders.
51% of U.S. adults say the American Dream is out of reach for most people right now: CNBC survey
Just over half of Americans say the American Dream is out of reach for most people right now, according to a new CNBC and SurveyMonkey American Dream Pulse Survey. Roughly 45% of respondents said the American Dream is only achievable for some people, and 6% said it's not in reach for anyone, according to a study of 4,130 U.S. adults, conducted May 6 to 11. The term "American Dream" was popularized in the 1930s by historian James Truslow Adams, who called it a "dream of a better, richer and...
CNBC Daily Open: Chips are down — but not for the Dow
Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open. Wall Street had a strong session overnight — if you squint past the Nasdaq.