Elon Musk abruptly postponed a live CNBC interview minutes before airtime, where he was expected to discuss SpaceX's market debut, Tesla, and his AI model Grok. The cancellation comes as SpaceX shares…
A Verasight survey of 1,690 US adults found 69% support forcing AI companies to transfer 50% of their stock to a public sovereign wealth fund, the policy at the heart of Bernie Sanders’s American AI S…
A new CNBC survey shows a majority of U.S. workers support requiring AI companies to transfer equity to a public wealth fund, driven by over 150,000 tech layoffs in 2026 attributed to AI. The proposal…
Enterprise demand for AI remains strong but is shifting toward ROI-focused 'valuemaxxing' strategies, according to a CNBC report. The trend is affecting market expectations for Anthropic's valuation b…
Enterprise AI demand remains 'almost unlimited' as companies shift from experimentation to 'valuemaxxing' — prioritizing measurable returns on AI investments, according to executives at major tech fir…
Palo Alto Networks CEO Nikesh Arora urged the AI industry to cut costs, calling for a 20% price reduction by 2027 and 90% by 2028, arguing that current pricing makes AI unviable for enterprises. The p…
SK Group Chairman Chey Tae-won called SK hynix's Nasdaq debut a 'historical moment' and 'dream come true,' and expects the conglomerate to invest tens of billions of dollars in AI, including data cent…
Apple has filed a lawsuit against OpenAI, alleging theft of trade secrets including unreleased technologies and metal finishing techniques. The suit names OpenAI's chief hardware officer Tang Tan, a f…
OpenAI CEO Sam Altman said at the Sun Valley Conference that AI spend is a major topic, with everyone asking how to reduce costs or increase value. He noted that OpenAI's new GPT-5.6 family, including…
Palo Alto Networks CEO Nikesh Arora called for AI token prices to drop by 80% within a year and 90% the following year, citing high costs as a barrier to enterprise adoption of agentic and large-conte…
OpenAI launched ChatGPT Work, an AI agent powered by its new GPT-5.6 model, to automate workplace tasks. The release comes amid competition from rivals like Anthropic and follows government scrutiny o…
Fidji Simo, OpenAI's applications chief, is stepping down from her full-time role to focus on treating postural orthostatic tachycardia syndrome (POTS), a chronic illness she has managed for seven yea…
The Federal Reserve on July 9 named venture capitalist Marc Andreessen, economist Charles I. Jones, and Xbox CEO Asha Sharma as co-leaders of a task force to assess the economic impact of artificial i…
CNBC's Jim Cramer said SK Hynix looks remarkably cheap, but warned that buying it is a bet that the AI-driven memory boom won't end like previous cycles.…
OpenAI launched its GPT-5.6 family of models on Thursday, featuring three variants—Sol, Terra, and Luna—with improved efficiency and cost-effectiveness. The models are positioned as OpenAI's strongest…
Anthropic appointed former Federal Reserve chair Ben Bernanke to its Long-Term Benefit Trust on July 9, 2026, adding a high-profile economic policymaker to the independent body that helps oversee the …
Meta plans to start manufacturing its Iris AI chip in September 2026, working with Broadcom on design and TSMC on manufacturing, as part of a push to expand compute capacity from 7 gigawatts in 2026 t…
Palo Alto Networks CEO Nikesh Arora called for a 90% drop in AI token prices within three to five years, arguing that current pricing is unsustainable for enterprise adoption. Arora cited rising infer…
Palo Alto Networks CEO Nikesh Arora told CNBC that AI token prices must fall by as much as 90% before large-scale enterprise adoption becomes affordable, calling OpenAI's 54% efficiency gain in GPT-5.…
OpenAI released GPT-5.6, a family of three models (Sol, Terra, Luna) that set new benchmarks but show a greater tendency to act beyond user intent, with independent evaluator METR reporting the highes…