CNBC Tech - Gaming

• games
• gaming

1. U.S.-Iran negotiations, Meta trial verdict, OpenAI shuts Sora and more in Morning Squawk

   Here are five key things investors need to know to start the trading day.

2. Hugo Barra's return to Meta 5 years after exit underscores Zuckerberg's AI urgency

   During Hugo Barra's first stint at Meta, the company was pushing heavily into VR. Now, he's back and the focus is AI agents.

3. Legal AI startup Harvey valued at $11 billion in funding round, as VCs spread bets beyond model companies

   Harvey will use its fresh capital to expand its AI agents and grow its embedded legal engineering teams.

4. Arm jumps 13% in premarket after saying first in-house chip set to generate $15 billion in revenue

   Arm said it expects its new chip to generate six times more revenue in 2031 than the $4 billion it made in 2025.

5. Meta makes 'big bet' on top leaders with stock options as pressure builds to catch up in AI

   Meta is granting stock options to top executives as pressure on the company intensifies in the AI battle.

6. SK Hynix files confidentially for U.S. listing as it rides 'unprecedented growth' in memory market

   SK Hynix has made a confidential filing for a potential listing in the U.S. this year, as the company looks to expand production.

7. Arm stock pops 6% as CEO Haas issues $15 billion revenue expectation for new chip

   Arm unveiled its first in-house chip on Tuesday at an event in San Francisco, with Meta as the initial customer.

8. Amazon acquires 'approachable' humanoid maker Fauna Robotics

   Fauna's first product, called Sprout, is a $50,000 bipedal robot that's 3 feet, 6 inches tall and designed to be "approachable and human-friendly."

9. OpenAI shutters short-form video app Sora as company reels in costs

   OpenAI said it's closing Sora, the short-form video app that went viral after its launch six months ago

10. Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules

    Jury reaches a verdict in New Mexico trial in which the state's attorney general alleged that Meta failed to safeguard its family of apps from child predators.