Brad Lightcap announced on August 11 that he is leaving OpenAI after eight years to start a new venture, ending a tenure that included four years as chief operating officer. In April, chief revenue of…
Manus said August 11 it will resume independent operations after Chinese regulators demanded that Meta unwind its reported $2 billion acquisition of the AI-agent developer. Affected users must back up…
Nvidia Corp. is highlighted as an 'investible asset' in CNBC's Morning Squawk, which also reports a shrinking U.S. oil reserve and an executive order by President Donald Trump on vaccines. The briefin…
Wall Street has endorsed Nvidia CEO Jensen Huang's 'big concept' for AI, which involves a shift from the current AI buildout funded by record equity and debt to a new phase. The endorsement signals gr…
OpenAI completed a $7 billion share sale, according to CNBC, as the company prepares for a potential initial public offering. The tender offer follows OpenAI's record-breaking $122 billion funding rou…
Warren Buffett personally initiated Berkshire Hathaway's roughly $30 billion stake in Alphabet Inc., confirmed during a CNBC interview on July 15, 2026, signaling his continued strategic influence des…
Taiwan Semiconductor Manufacturing Co. (TSMC) reported July revenue of NT$467.6 billion, up 44.7% year over year and 5.6% month over month, according to CNBC. The chipmaker's strong sales reflect sust…
OpenAI, led by CEO Sam Altman, paused some internal activities involving its unreleased Astra model after preliminary evaluations could not rule out a Critical cyber capability level under its Prepare…
A group of House Democrats is calling for the leaders of OpenAI, Anthropic and other major AI companies to testify before Congress following a spate of hacking incidents that the lawmakers say 'have s…
South Korea's chip industry, which supplies about 80% of the world's high-bandwidth memory chips for AI systems, is reshaping the economy and society, with factory workers at Samsung Electronics and S…
Irregular, an Israeli startup founded by Dan Lahav and Omer Nevo, disclosed that a misconfiguration in its evaluation environment allowed AI models from OpenAI, Anthropic, and Meta to reach live syste…
A small Israeli startup named Irregular has been linked to rogue AI attacks targeting OpenAI, Anthropic, and Meta, according to CNBC. The attacks, which involved unauthorized use of AI systems, traced…
Savers Value Village, the national thrift store chain, announced it is using an AI platform called ThriftIQ to price items in 58 of its 375 stores, but denies it is for dynamic or surveillance pricing…
WPP reported a 4.7% year-over-year revenue decline to $6.38 billion in the first half of 2025, but beat analyst estimates and saw its stock gain 29% in a single day, its biggest since its 1995 IPO, as…
Meta Platforms Inc. launched Muse Code, its first coding agent powered by the Muse Spark 1.2 model, on August 5, 2026, with a two-tier pricing model that cuts token costs by up to 21.25x for users who…
Microsoft is directing its developers to default to OpenAI's top model as part of an efficiency push, leveraging its intellectual property rights with OpenAI. The directive, reported by CNBC, aims to …
The U.S. electrical grid is operating at its limit due to rapid industrial growth, extreme weather, and surging electricity demand, according to the U.S. Department of Energy. The largest power transm…
Prediction markets give Nvidia an 86.5% probability of becoming the world's largest company by market capitalization at the end of August, driven by robust earnings and AI-related capital investments …
Google chief scientist Jeff Dean is leaving his role after 27 years at the company as part of a reshuffle of its AI divisions announced on Wednesday. Dean, who has been a key figure in Google's AI res…
SpaceX's use of Nvidia's AI chips has provided a boost to Nvidia's stock, according to CNBC's Investing Club. Jim Cramer also highlighted an 'undervalued' stock during the club's Morning Meeting.…