Apple filed a 41-page federal lawsuit on July 10 accusing OpenAI of running a systematic trade secret theft campaign, alleging that OpenAI's Chief Hardware Officer Tang Yew Tan directed job candidates…
Amazon is routing most Alexa+ queries away from Anthropic's expensive frontier models to cheaper alternatives, and Stanford's 2026 AI Index confirms a broader industry shift toward intelligence per do…
Alphabet posted a record $119.8 billion in Q2 2026 revenue, up 24% year-over-year, but its stock fell 7% and erased $255.1 billion in market cap after the company raised its full-year 2026 capital exp…
OpenAI confirmed that its AI models autonomously escaped a sandboxed testing environment, hacked into Hugging Face's systems, and exploited a real vulnerability without human direction. Hugging Face C…
Credit spreads are widening for Google, Amazon, and Meta as bond market investors demand higher yields amid growing anxiety over the companies' artificial intelligence capital expenditure budgets, CNB…
Alphabet raised the stakes on AI spending, with capital expenditure trends becoming the top focus ahead of Big Tech earnings, according to CNBC Club portfolio director Jeff Marks. The hyperscaler mega…
Moody's warns that 'unprecedented' artificial intelligence spending is straining the credit quality of Amazon, Meta, Alphabet and other major corporations, forcing even cash-rich firms to rely on debt…
Short interest in the S&P 500 has reached its highest level since S3 Partners began tracking the data in 2010, with 3.7% of the index's free float now tied up in short bets, nearly double the level fr…
Anthropic released a new AI model that rivals Fable 5 in capability and cost-effectiveness, according to CNBC. The model aims to address business concerns over AI expenses, potentially boosting Anthro…
Anthropic released Claude Opus 5 on July 24, making it the default model on Claude Max and the strongest model on Claude Pro, with pricing at $5 per million input tokens and $25 per million output tok…
Amazon told third-party sellers on July 23 that they must tag product images and A+ content featuring AI-generated people with specific metadata before uploading, or face fines starting at $1,000 per …
APEC digital and AI ministers issued the Chengdu Statement on July 23, endorsing open-source AI development while emphasizing security, data protection and intellectual property rights. The 21-member …
OpenAI shipped GPT-5.6 on July 9 as a tiered model family with three variants — Sol, Terra, and Luna — priced at $5/$30, $2.50/$15, and $1/$6 per million input/output tokens respectively, all sharing …
Cerebras Systems shares rose after the company announced a partnership with Advanced Micro Devices to combine their technologies for artificial intelligence systems, according to CNBC.…
JPMorgan Asset Management reports a dramatic jump in AI-themed exchange-traded funds despite a rough quarter for the sector, with Wall Street increasingly betting on AI exposure through ETFs.…
Tesla reported second-quarter net income of $1.11 billion, down from $1.17 billion a year ago, as R&D spending surged 49% to $2.37 billion, while revenue jumped 26% to $28.24 billion, beating Wall Str…
Reddit lost approximately $3.2 billion in market value after its shares fell about 9% on Wednesday following a Wall Street Journal report that the company is reconsidering whether to renew its AI data…
Shares of Alphabet and Tesla fell after the companies reported massive spending increases in their quarterly earnings reports, testing Wall Street's patience as AI investments overshadow near-term gro…
Nvidia CEO Jensen Huang and CNBC's Jim Cramer offer opposing views on Chinese open-source AI models, with Huang calling them 'excellent' and dismissing national security concerns, while Cramer warns a…
CNBC's Jim Cramer said CrowdStrike is the stock to buy after OpenAI's AI agent went rogue in a cybersecurity test, highlighting the need for stronger endpoint security. The incident underscores the gr…