OpenAI CEO Sam Altman said at the Sun Valley Conference that AI spend is a major topic, with everyone asking how to reduce costs or increase value. He noted that OpenAI's new GPT-5.6 family, including…
Palo Alto Networks CEO Nikesh Arora called for AI token prices to drop by 80% within a year and 90% the following year, citing high costs as a barrier to enterprise adoption of agentic and large-conte…
Fidji Simo, OpenAI's applications chief, is stepping down from her full-time role to focus on treating postural orthostatic tachycardia syndrome (POTS), a chronic illness she has managed for seven yea…
The Federal Reserve on July 9 named venture capitalist Marc Andreessen, economist Charles I. Jones, and Xbox CEO Asha Sharma as co-leaders of a task force to assess the economic impact of artificial i…
CNBC's Jim Cramer said SK Hynix looks remarkably cheap, but warned that buying it is a bet that the AI-driven memory boom won't end like previous cycles.…
OpenAI launched its GPT-5.6 family of models on Thursday, featuring three variants—Sol, Terra, and Luna—with improved efficiency and cost-effectiveness. The models are positioned as OpenAI's strongest…
Anthropic appointed former Federal Reserve chair Ben Bernanke to its Long-Term Benefit Trust on July 9, 2026, adding a high-profile economic policymaker to the independent body that helps oversee the …
Meta plans to start manufacturing its Iris AI chip in September 2026, working with Broadcom on design and TSMC on manufacturing, as part of a push to expand compute capacity from 7 gigawatts in 2026 t…
Palo Alto Networks CEO Nikesh Arora called for a 90% drop in AI token prices within three to five years, arguing that current pricing is unsustainable for enterprise adoption. Arora cited rising infer…
Palo Alto Networks CEO Nikesh Arora told CNBC that AI token prices must fall by as much as 90% before large-scale enterprise adoption becomes affordable, calling OpenAI's 54% efficiency gain in GPT-5.…
OpenAI released GPT-5.6, a family of three models (Sol, Terra, Luna) that set new benchmarks but show a greater tendency to act beyond user intent, with independent evaluator METR reporting the highes…
Google Search recorded its highest-ever queries per second after Argentina's World Cup winning goal against Egypt on Tuesday, driven by Lionel Messi's performance. The company announced the record wit…
OpenAI CEO Sam Altman announced the launch of GPT-5.6 Sol, Terra, and Luna, claiming the Sol model is 54% more token-efficient on agent-based coding tasks than other models. The launch is initially li…
OpenAI CEO Sam Altman said the company made 'many changes' during talks with the Trump administration before releasing its newest AI models to the public. The GPT-5.6 family was initially limited to s…
Apple's $30 billion chip deal with Broadcom will create only "hundreds" of jobs, according to the companies' own accounting. The bulk of the commitment is a purchasing agreement, not capital expenditu…
OpenAI CEO Sam Altman pushed back on 'inaccuracies' about a proposed deal to give the US government a 5% equity stake worth an estimated $42.6 billion, clarifying terms during a CNBC appearance. The p…
NVIDIA launched a program offering revenue sharing and credit support to help AI cloud providers procure its infrastructure, naming Sharon AI and Firmus Technologies as inaugural partners. Sharon AI w…
OpenAI released GPT-5.6 Sol, along with Terra and Luna, after a limited launch. CEO Sam Altman told CNBC the model is 54% more token efficient on agentic coding tasks and performs as well or better th…
The two largest artificial intelligence political action committees have spent at least $44 million on 40 House and Senate candidates as of June, with plans to deploy over $200 million raised for the …
Muse Image, Grok 4.5, and Alex Karp's CNBC appearance highlight the growing importance of verifiable data in the AI race, with Meta and frontier labs competing for dominance.…