Breaking News: Technology
- Data center deals hit record $61 billion in 2025 as AI valuation risks and funding concerns grip investors - Hyperscalers are increasingly turning to outside capital in the form of debt to fund the energy-intensive infrastructure.
- TikTok signs agreement to create new U.S. joint venture, memo says - TikTok's U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew.
- Micron stock pops 12% as AI memory demand soars: 'We are more than sold out' - Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
- Instacart shares plunge 11% on report that FTC is probing company over AI pricing tool - TechInstacart shares plunge 11% on report that FTC is probing company over AI pricing toolPublished Wed, Dec 17 20256:38 PM ESTUpdated 1 Min AgoJordan Novet@in/
- Oracle stock dips 5% on report Blue Owl Capital won't back $10 billion data center - The cloud company later said the project was moving forward and "on schedule," but that Blue Owl was not part of equity talks.
- OpenAI in talks with Amazon about investment that could exceed $10 billion - OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed.
- Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut - Shares of Chinese chipmaker MetaX Integrated Circuits Shanghai soared nearly 700% after raising nearly $600 million in its initial public offering.
- Hyperscaler AI spending could slow down if Oracle shows 'discipline' - CNBC's Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks.
- Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon - Slope, an AI lending platform backed by JPMorgan Chase, told CNBC exclusively that it is launching a partnership with Amazon's independent sellers.
- U.S. halts UK tech trade deal negotiations, FT reports - The 'technology prosperity deal' is aimed at increasing collaboration between the countries on tech like AI, nuclear fusion and quantum