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.…
Meta has broken ground on a CAD $13 billion AI data center in Sturgeon County, Alberta, its first in Canada. The facility, expected to support over 3,000 construction jobs, highlights Meta's expansion…
OpenAI CEO Sam Altman is set to appear on CNBC on July 9, following the company's confidential S-1 filing with the SEC, signaling a potential IPO. The interview is also closely watched by traders of W…
Apple is testing DRAM chips from Chinese state-backed ChangXin Memory Technologies (CXMT) for devices sold in China and lobbying Washington to permit broader commercial use, according to the Financial…
A new Athena Insights poll finds 65% of Americans are concerned about AI's growing role in society, with 70% saying AI is already part of their lives whether they want it or not. The poll of 1,814 Ame…
Technology analyst Ed Zitron warned that generative AI's business model is unsustainable, claiming OpenAI may delay its IPO until 2027 to reach a $1 trillion valuation amid fears of an AI bubble. Zitr…
The U.S. launched strikes on Iran, Samsung disappointed Wall Street, and AI is being used for financial planning, according to CNBC's Morning Squawk.…
The US government is preparing to investigate and potentially restrict American companies' use of Chinese-made AI models, citing concerns that they advance Beijing's narratives and censor dissent. The…
Rebellions, an AI chip startup backed by Samsung, plans to go public in South Korea next year, CEO Sunghyun Park told CNBC. The company is leaning toward a listing on the KOSPI over the KOSDAQ.…
Rebellions, a Samsung-backed AI chip startup, plans to go public on South Korea's KOSPI in early 2027, CEO Sunghyun Park told CNBC on July 8, 2026. The company secured about 640 billion won in pre-IPO…
The House Committee is investigating the risks of U.S. companies using Chinese AI models, citing national security concerns. The probe focuses on potential data breaches and technology transfer issues…
CNBC's Jim Cramer said Samsung's earnings sparked a sell-off in AI hardware stocks, while many tech names that have lagged this year rebounded, potentially signaling a shift in AI leadership.…
Meta launched Muse Image, a free AI image generator developed by Meta Superintelligence Labs, available on Meta AI app, Instagram Stories, and WhatsApp. The tool offers presets, prompt-based editing, …
Chinese AI models are gaining traction among U.S. companies as costs for American alternatives like OpenAI and Anthropic surge, according to a CNBC report. The trend highlights growing adoption of Chi…
US companies are increasingly adopting Chinese AI models from firms like Deepseek and Z.ai due to their lower costs and comparable performance to leading US models. Chinese models now account for over…