Chip stocks sell off after Samsung earnings fall short of high AI bar
Samsung Electronics reported earnings that fell short of high AI-driven expectations, triggering a sell-off in chip stocks after the company's shares had surged 145%.…
Samsung Electronics reported earnings that fell short of high AI-driven expectations, triggering a sell-off in chip stocks after the company's shares had surged 145%.…
Palantir CEO Alex Karp criticized frontier AI labs OpenAI and Anthropic, claiming enterprises get no value from their tokens and risk losing IP. However, many companies are actively seeking ROI from A…
CNBC's Jim Cramer said that Nvidia remains at the center of the artificial intelligence boom despite its lagging stock performance.…
Amazon is raising at least $25 billion in a bond sale to fund its massive investments in artificial intelligence, and the company said it will not issue additional debt in 2026.…
Amazon is raising at least $25 billion through an eight-part bond sale, with proceeds earmarked for general corporate purposes including investments, capital expenditures, and debt repayment. The comp…
Hesai Technology, a Chinese lidar maker partnered with Nvidia on autonomous-vehicle platforms, faces renewed U.S. cybersecurity scrutiny after being designated a Chinese military company. AUVSI CEO Mi…
Enterprise data volumes are growing exponentially, driving up storage costs, expanding cyber attack surfaces, and undermining AI initiatives due to poor data quality. CIOs face the converging challeng…
Chinese AI models from DeepSeek and Z.ai are gaining traction with U.S. firms, with token share on OpenRouter exceeding 30% weekly since Feb. 8 and peaking at 46%, driven by rising costs at U.S. labs …
Amazon founder Jeff Bezos told CNBC on May 20 that AI is like a bulldozer that will upgrade jobs rather than eliminate them, using software engineering and radiology as examples. Critics note Bezos ha…
The US government took two major steps toward regulating AI as national infrastructure this week: the FTC opened a comment period proposing that undisclosed AI output manipulation may constitute consu…
Palantir CEO Alex Karp criticized frontier AI labs for their business model, accusing them of overselling doom and imposing a wealth tax on enterprises, while pitching Palantir's platform as a solutio…
Two CNBC appearances by Palantir CEO Alex Karp and market analyst Ed Zitron outline a bearish scenario for American AI, predicting a bubble burst as customer demand fails to justify trillion-dollar da…
Palantir CEO Alex Karp used a CNBC interview to promote the company's new 'AI sovereignty' manifesto and an expanded partnership with NVIDIA offering open-weight AI models to U.S. government agencies,…
Safe-haven assets have not behaved as expected during the geopolitical turmoil of 2026, with US Treasury yields rising, the yen weakening, and gold falling sharply. Strategists attribute this to marke…
Palo Alto Networks and CrowdStrike hit all-time highs as investors rotated out of semiconductors into AI-security stocks, driven by Zhipu AI's open-weight model rivaling Anthropic's restricted model a…
President Donald Trump said he expects Elon Musk to donate SpaceX stock to Trump Accounts, the US government's savings program for children, despite a 'little dispute' over electric vehicle subsidies.…
OpenAI has proposed giving the U.S. government a 5% equity stake worth $42.6 billion to ease political pressure, with CEO Sam Altman arguing it shares AI's benefits. The plan, discussed since early 20…
Palantir CEO Alex Karp suffered a nearly 20-minute meltdown during a live CNBC interview, veering off-topic to rant about the AI financial bubble and his inability to get a faculty job at Berkeley. Th…
Employers who laid off workers citing artificial intelligence are now reversing their decisions, according to a new report. The trend highlights the limitations of AI in replacing human roles and the …
Palantir CEO Alex Karp criticized OpenAI and Anthropic's token-based pricing model on CNBC, claiming enterprises face IP risks and wasted costs. The criticism coincided with Palantir's announcement of…