CNBC Tech - Gaming

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1. 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.

2. 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.

3. 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.

4. 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.

5. 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."

6. 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

7. 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.

8. Google partners with Agile Robots, growing its AI robotics footprint

   Google's DeepMind division has been partnering with more robotics companies in recent months.

9. Baltimore is first U.S. city to sue over Grok deepfake porn as legal pressure mounts on Musk's xAI

   Following international regulatory probes, lawsuits are piling up in the U.S. against Elon Musk's xAI and its Grok chatbot.

10. Dimon warns on AI job losses, calls for government-business incentives

    The potential AI-related disruption of the job market is a critical issue in Washington, with lawmakers trying to curb the amount of displacement.