Amazon unveils latest warehouse robot as tech giants do AI layoffs
Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon…
CNBC Daily Open: SpaceX gets a reality check
SpaceX’s Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on…
Perplexity CEO tells CNBC one metric will determine who wins the AI race
The companies that can provide the most economic value from the power their AI uses will ultimately command…
AI spending expected to top $1 trillion in 2 years. Why that estimate may be too low
Nvidia CEO Jensen Huang introduces Vera Rubin, a next-generation AI data center platform, and Rubin Ultra, a next-generation…
Bezos dismisses AI bubble concerns: ‘You shouldn’t worry about it’
Amazon founder Jeff Bezos shrugged off concerns of a looming artificial intelligence bubble on Wednesday, telling CNBC that…
AI chip bubble is now bigger than the Nasdaq during dot-com frenzy
The artificial intelligence rally has already reached historic proportions and is now passing some famous — or rather,…
Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth
Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock…
Alphabet 160% rally in year reflects value of owning most of AI stack
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US,…
Opinion | Why the A.I. Job Apocalypse (Probably) Won’t Happen
For one thing, the macrodata isn’t matching the anecdata: The unemployment rate was 4.3 percent in March 2026;…
OpenAI shakes up partnership with Microsoft, capping revenue share payments
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor…
Wall Street is getting bullish on neoclouds. These stocks hold more risk than other AI plays
There’s a lot of market buzz on the emerging crop of companies known as neoclouds, but these stocks…
Software industry executives jump ship to OpenAI
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam…