Elon Musk’s xAI Valued at $24 Billion After Latest Fundraising Round
May 28, 2024
The competitor to OpenAI is looking to invest more in research and development amid fierce competition in the burgeoning sector.
International
Small island development ‘a test case’ for climate and financial justice, says Guterres
May 27, 2024
Good morning from the blue waters and lush green hills of the Caribbean where earlier we were reporting live from the opening of the Fourth International Conference on Small Island Developing States (SIDS4) on the beautiful twin island nation of Antigu...
Gaza: UN officials condemn Israeli airstrikes on camp for displaced
May 27, 2024
Senior UN officials have condemned Israeli air strikes on Sunday that hit a camp for displaced people in Rafah, southern Gaza, reportedly claiming over 35 Palestinian lives, including women and children.
AI Is Driving ‘the Next Industrial Revolution.’ Wall Street Is Cashing In.
May 27, 2024
Old-school stocks in the utilities, energy and materials sectors are outpacing the wider market.
Tech Workers Retool for Artificial-Intelligence Boom
May 26, 2024
People are adding to their skill sets, enrolling in boot camps and including buzzwords in their résumés to compete for jobs at AI companies.
The Great AI Challenge: We Test Five Top Bots on Useful, Everyday Skills
May 25, 2024
OpenAI’s ChatGPT competed against Microsoft’s Copilot and Google’s Gemini, along with Perplexity and Anthropic’s Claude. Here’s how they ranked.
Behind the Scenes of Scarlett Johansson’s Battle With OpenAI
May 24, 2024
The most dramatic episode yet in the collision between Hollywood and the exploding world of AI demonstrates deep anxiety in creative industries about how artists’ work is used.
What Does It Take to Stop Checking Your Phone? A Bag With a Lock
May 24, 2024
Yondr sells pouches to lock up your phones at schools, concerts or anywhere they are hard to resist
Nvidia’s Business Is Booming. Here’s What Could Slow It Down.
May 24, 2024
After tripling sales for three quarters, Nvidia faces new competition and a shifting AI market.
Big Tech Moves More AI Spending Abroad
May 24, 2024
As Big Tech ramps up spending on artificial intelligence, companies are increasingly looking overseas, investing billions of dollars to build out AI infrastructure.
South Korea Unveils $19 Billion Package for Chip Industry
May 23, 2024
South Korea is seeking to catch up with international rivals amid soaring demand for advanced chips to power artificial intelligence and other computing.
Nvidia’s Sales Triple, Signaling AI Boom’s Staying Power
May 23, 2024
CEO Jensen Huang declared the beginning of a new industrial revolution where Nvidia was helping turn $1 trillion of data centers into “AI factories,” as its already meteoric stock topped $1,000.
Wasting Too Much Time on Your Phone? Tips to Regain Control—and Feel Better
May 23, 2024
Spending hours each day scrolling social media can cause as much irritation as an overgrown lawn. But there’s a lot you can do to improve the experience.
Scarlett Johansson Rebukes OpenAI Over ‘Eerily Similar’ ChatGPT Voice
May 21, 2024
OpenAI’s “Sky” has been likened to the actress’s character in the 2013 film “Her.”
I Tried Microsoft’s New AI-Focused PCs. Windows Is Exciting Again.
May 21, 2024
Microsoft CEO Satya Nadella told our columnist new efficient, powerful chips equip Windows Copilot+ laptops to compete with Apple’s MacBooks.
Taiwan’s new President Lai Ching-te has been sworn in
May 20, 2024
Taiwan's new president Lai Ching-te was sworn into office on Monday, after serving as Tsai Ing-wen's vice president for the last four years. All eyes are on his inaugural speech. CNBC's Emily Tan reports from Taipei.
Asia markets track Wall Street gains; China holds loan prime rates
May 20, 2024
China held its one- and five-year loan prime rate unchanged at 3.45% and 3.95%, respectively, after it laid out measures on Friday to boost its property market.
Didi co-founder Liu steps down after decade at the helm of Chinese ride-hailing company
May 20, 2024
Didi Global Inc's co-founder Jean Liu has stepped down from her roles as president and board director, according to an internal company memo.
CNBC Daily Open: Dow at record close, GameStop shares crash
May 20, 2024
Jan Leike, a part of OpenAI's safety leadership team announced his departure, saying "safety culture and processes have taken a backseat to shiny products."
China pledges $42 billion in a slew of measures to support the struggling property sector
May 20, 2024
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.
Hedge fund manager known for M&A picks reveals a new takeover target
May 20, 2024
The fund manager's stock pick — which has already risen by 100% over the past six months — is seen soaring another 50% over the next 12 to 18 months.
Morgan Stanley picks global stocks to play a $100 billion AI boom, giving one 40% upside
May 20, 2024
Demand for AI "enablers" is surging, Morgan Stanley says, and a number of companies in Asia are set to benefit in a big way.
Search and rescue efforts underway as helicopter carrying Iran’s President Raisi suffers ‘crash landing’
May 20, 2024
At least 40 rescue teams have been deployed, but harsh weather conditions and heavy fog have made it difficult for them to reach the site. A senior Iranian official reported that two people from the helicopter flight had made contact with the rescue team.
Russian strikes on Ukraine’s Kharkiv region kill at least 11
May 20, 2024
The missile strikes were the latest in what have been constant Russian attacks in recent weeks on the Kharkiv region of northeastern Ukraine.
Amazon CEO: An ’embarrassing’ amount of your success depends on this one skill
May 19, 2024
Jassy, who took the top job at Amazon after Jeff Bezos stepped down in 2021, shared his “best career advice” in an interview with LinkedIn CEO Ryan Roslansky.
Heavy rains set off flash floods in northern Afghanistan, killing at least 84 people
May 19, 2024
Heavy rains and floods hit four districts in Faryab province Saturday night, leaving 66 dead, five injured and eight missing.
From $35,000 to $446,000: What it cost to renovate a $1 home in Italy
May 19, 2024
Buying a home in the Italian countryside for cheap comes with a catch — in one case, to the tune of of nearly half a million dollars.
Microsoft set to unveil its vision for AI PCs at Build developer conference
May 19, 2024
Microsoft Build 2024 starts Tuesday, and the company is expected to talk about how Windows will power new "AI PCs."
Soaring debt and deficits causing worry about threats to the economy and markets
May 19, 2024
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.
China’s hot EV market is no longer focused solely on lower sticker prices. Which stocks to watch
May 19, 2024
Despite new U.S. tariffs, Chinese electric cars are already moving into a new phase of competition that's no longer centered only on selling prices.
Member of Israel’s War Cabinet says he’ll quit the government June 8 unless there’s a new war plan
May 19, 2024
Benny Gantz, a centrist member of Israel's three-member War Cabinet, threatened to resign from the government if it doesn't adopt a new plan for the war in Gaza
OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
May 19, 2024
OpenAI has dissolved its Superalignment team amid the high-profile departures of both team leaders, Ilya Sutskever and Jan Leike.
Some consumers are punting big purchases like pools and mattresses
May 18, 2024
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.
Poland to spend around $2.5 billion on securing eastern border
May 18, 2024
Poland's prime minister said it will spend billions to secure its eastern border due to increasing threats from Russia and Belarus.
As Tesla layoffs continue, here are 600 jobs the company cut in California
May 18, 2024
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.
Dow closes at record high above 40,000 to cinch a five-week winning streak
May 18, 2024
The Dow ended Friday above 40,000 to set a new record close.
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
May 18, 2024
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.
Bitcoin breaks six-week losing streak, climbs to $67,000: CNBC Crypto World
May 18, 2024
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry....