Perplexity AI launching $50 million venture fund to back early-stage startups
Perplexity AI is getting ready to launch a $50 million fund focused on pre-seed and seed artificial intelligence startups in the U.S., CNBC has learned.
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Apple shareholders reject outside proposal to end DEI programs
The rejection signals that investors still see value in Apple's diversity programs.
Hims & Hers shares plunge 28% on concerns over weight loss business, margins
Hims & Hers on Monday released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its weight loss business.
Athenahealth to offer Abridge's AI scribe to its network of thousands of doctors
Athenahealth will offer Abridge's artificial intelligence scribing tool to its network of more than 160,000 clinicians.
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.
Bitcoin drops to a 3-month low below $90,000 in risk-off move
Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next market catalyst.
Chegg sues Google for hurting traffic with AI as it considers strategic alternatives
The online education company has tapped Goldman Sachs as it studies options such as going private or getting acquired.
Hims & Hers shares tumble after company misses on margin, says may stop selling some weight loss drugs
Hims & Hers Health reported fourth-quarter results on Monday that beat analysts' expectations, but the stock sank in extended trading.
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.
PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone
PayPal Open is designed to unify the payment company's fragmented suite of enterprise solutions under a single brand.
Robinhood says SEC dismissed crypto unit investigation in latest sign of easier regulation for industry
The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company said Monday.
Top tech companies turn to hydrogen and nuclear energy for AI data centers
Silicon Valley is looking at hydrogen and nuclear energy alternatives to meet the energy demands of the AI race.
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston.
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).
Chinese medical devices are in health systems across U.S., and the government and hospitals are worried
Chinese-made medical devices are found in almost every corner of the medical ecosystem, from hospitals to clinics, and the government is getting more concerned.
Substack boosts video capabilities amid potential TikTok ban
As TikTok's future in the U.S. remains in limbo, San Francisco startup Substack is going after video creators in a move to expand its platform.
Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank
Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank.
Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million
23andMe CEO Anne Wojcicki and New Mountain Capital have submitted a proposal to take the company private.
