Enterprise AI transforms software from a fixed cost into a variable cost, with large language models billing per token like a taxi meter rather than a license. Running models on-premises trades usage-…
Oracle's five-year credit default swaps closed at 198.23 basis points on July 17, surpassing the 2008 financial crisis peak of 198.18 basis points, as credit markets signal concern over the company's …
CNBC's Jim Cramer says the AI trade has become too unpredictable, making this a better time to put new money into high-quality companies outside of technology.…
OpenAI chairman Bret Taylor predicted on CNBC that within a year, companies will stop worrying about AI tokens as the market matures and other firms bear the burden of managing them. Taylor said the w…
A leather jacket worn by Nvidia CEO Jensen Huang sold for $960,000 (9.3 million Swedish kronor) at Sotheby's, far exceeding the estimated $40,000-$60,000, with proceeds going to charity. Sotheby's mod…
Alphabet Inc. shares rose after a report that the company is developing a more efficient AI chip called 'Frozen v2,' which would embed parts of its Gemini architecture directly into the silicon, accor…
Wildfire smoke from Canada has blanketed the Great Lakes region, with air quality index scores nearing 1,000, as CNBC technology and climate reporter Lora Kolodny discusses how AI datacenter build-out…
The White House now effectively decides which companies get early access to frontier AI models, according to a CNBC report published July 17. Executive Order 14409, signed by President Trump on June 2…
CNBC's Jim Cramer said Wednesday that companies must provide 'cold hard return facts' proving artificial intelligence investments are paying off, warning that without tangible revenue gains or cost sa…
The AI trade dominated the market this week, overshadowing a strong start to the second-quarter earnings season, according to CNBC Technology.…
The Trump administration is now dictating which companies and entities get access to frontier AI models from Anthropic and OpenAI, shifting that decision from the labs to the government via the Gold E…
The Trump administration is dictating access to frontier AI models, according to a CNBC report that was blocked behind a paywall or access restriction. The article, titled 'White House AI access Anthr…
Warren Buffett warned investors about reckless speculation in markets and the massive cost of the AI buildout during a rare CNBC interview on Wednesday. The Berkshire Hathaway chairman said it has bee…
Anthropic is capping access to its Claude Fable 5 model at 50% of normal usage limits starting July 20, citing demand that has been "challenging" to meet due to insufficient compute infrastructure. Th…
Elon Musk's Memphis AI data center, known as the Colossus, has become the focal point of growing backlash against large-scale AI infrastructure projects, according to a CNBC report that was inaccessib…
Chinese AI company DeepSeek released its latest open-weight model, DeepSeek-V3, which CNBC reports has narrowed the performance gap with leading U.S. AI labs, renewing focus on the open-weight model s…
The Trump administration is dictating access to frontier AI models, shifting power from tech giants, sources told CNBC.…
Over 200 researchers and economists, including 15 Nobel laureates, released a joint statement on Monday pleading with government and industry to address the economic and social impacts of artificial i…
Eric Trump-backed Foundation Future Industries (FFI) is developing a humanoid robot called Phantom MK-1 for battlefield use, with plans to arm the robots with lethal force within months, according to …
Anthropic is in early talks to lease about $10 billion in computing power from Meta, the New York Times reported Friday, in a deal that would make Meta a cloud provider to its biggest AI rival. The di…