Kate Rooney

OpenAI is now generating $10 billion in annual recurring revenue, according to a company spokesperson.

Elon Musk tried to derail a major AI infrastructure deal in the Middle East, a source confirmed to CNBC

OpenAI's finance chief said she's confident the multibillion-dollar bet on Jony Ive's startup will pay off and drive ChatGPT subscriptions.

CNBC's Kate Rooney got exclusive access to Amazon's quantum computing lab and explores how the tech giant plans to catch up to Google and Microsoft.

Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.

If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.

CNBC’s Kate Rooney joins ‘Halftime Report’ to discuss the latest news on Robinhood's new subscription products.

Special purpose vehicles, or SPVs, have gotten so popular in Silicon Valley that some experts worry it's the latest sign of a new bubble.

Robinhood is evolving from a simple-to-use brokerage for young investors to a provider of wealth management and broader banking services.

CNBC's Kate Rooney reports on news regarding Alphabet.

Y Combinator CEO Garry Tan says for about a quarter of the current YC startups, 95% of the code was written by artificial intelligence models.

The deal is also the latest in a string of private companies letting employees cash out shares and lowering the pressure on themselves to go public. 

Anthropic's Claude large language model is powering the majority of complex tasks for Amazon's new Alexa+, sources tell CNBC. 

AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.

Anthropic unveiled its latest frontier model, Claude Sonnet 3.7, on Monday and claims it's the company's "most intelligent" version yet.

OpenAI now has 400 million weekly active users, up from 300 million in early December, OpenAI’s chief operating officer, Brad Lightcap, tells CNBC.

The new $75 million cash injection values OpenEvidence at $1 billion, the two companies told CNBC. 

OpenAI sent a short letter to Elon Musk's lawyer Friday, rejecting the billionaire's acquisition offer.

President Donald Trump spoke with OpenAI CEO Sam Altman by phone Friday, ahead of the AI infrastructure announcement, CNBC has learned.

Phoenix, a longtime hub for aerospace and defense, is becoming an epicenter of semiconductor manufacturing and autonomous vehicles.