Meta is in very early talks to lease computing power to Anthropic in a potential deal worth around $10 billion, according to CNBC. The discussions follow Anthropic's recent compute deal with SpaceX an…
Warren Buffett told CNBC he was behind Berkshire Hathaway's Alphabet trade, not new CEO Greg Abel, and that the two talk constantly. Berkshire bought 17.8 million Alphabet shares in Q3 2025 and added …
Warren Buffett said in a July 15 CNBC interview that he personally built Berkshire Hathaway's roughly $31 billion stake in Alphabet, calling his earlier failure to invest a mistake and noting Alphabet…
Warren Buffett revealed on July 15, 2026, that Berkshire Hathaway holds a $31 billion stake in Alphabet, making it the conglomerate's third-largest equity holding. Buffett told CNBC's Squawk Box that …
An engineer who ran ~$10K/month in Claude Code API bills found that 80% of spending went to frontier models for tasks that didn't need them. By implementing task-level model routing—matching model tie…
Warren Buffett revealed he was behind Berkshire Hathaway's $31 billion investment in Alphabet, saying the AI race has forced Google and its hyperscaler rivals into a capital-intensive spending game th…
Anthropic, the AI firm behind the Claude chatbot, is reportedly preparing for an initial public offering by October 2026 after a Series H funding round valued the company at $965 billion, making it th…
Chinese AI models peaked at 46% of US enterprise token usage in a single week this summer, up from 4.5% eighteen months ago, according to a CNBC investigation of OpenRouter traffic published July 7. T…
About half of companies that replaced employees with AI have experienced a costly reversal, rehiring workers after discovering technology alone could not meet operational needs, according to CNBC. Kla…
PrismML CEO told CNBC that Apple is interested in the startup's technology, coinciding with the release of its Bonsai 27B model designed to run on iPhones, iPads, and Macs. The AI startup's press rele…
JPMorgan CEO Jamie Dimon said on CNBC that companies are becoming more rational about AI spending, focusing on token costs and return on investment. Dimon noted that businesses are already routing que…
Warren Buffett warned that it is difficult to find value when everyone prefers speculation, as markets hit record highs and AI-related stocks attract speculative trading. The 95-year-old Berkshire Hat…
PrismML released Bonsai 27B, a 27-billion-parameter AI model compressed to 3.9 GB that runs on an iPhone 17 Pro Max at 11 tokens per second, the first model at that capability tier to fit on a smartph…
26 Meta employees have filed a lawsuit in Oakland, California, alleging that the company used artificial intelligence to select workers for mass layoffs, disproportionately targeting those on medical …
Jim Cramer challenged Citi's optimistic outlook on Microsoft's Copilot, calling the AI-driven productivity tool subpar and warning that the divide between Wall Street enthusiasm and real-world perform…
Warren Buffett personally initiated Berkshire Hathaway's $31 billion Alphabet position, including a $10 billion private placement unavailable to retail investors, while admitting the stock is not amon…
About half of all companies that laid off workers and replaced them with AI are now rehiring at greater expense, according to CNBC. Klarna, which replaced 700 customer service agents with an AI chatbo…
Twenty-six current and former Meta employees are suing the company, claiming its AI systems—including the internal large language model assistant Metamate, an employee-trained "second brain," and a pr…
A group of 26 anonymous Meta employees filed a lawsuit in federal court in Oakland on Monday, alleging that the company's use of AI systems to select employees for layoffs disproportionately targeted …
Kalshi is building a tool to predict the future price of computing power, according to Bloomberg. The prediction market platform will analyze weekly and monthly compute contracts using an algorithm to…