Backing the ‘wrong future’ in AI? The unexpected potential winners
Investors pouring money into giant artificial intelligence data centers may be betting on the wrong technological future —…
Reports: SEC subpoenas banks over Situational Awareness blow-up
Leopold Aschenbrenner Photo: Josh Edelson The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders…
AI’s costly buildout complicates the Fed’s inflation fight
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in…
Palantir’s Karp renews attacks on frontier AI labs
Palantir CEO Alex Karp doubled down on his criticism of the frontier artificial intelligence labs on Monday, arguing…
Tech’s pricey AI buildout: Dwindling cash and soaring memory costs
Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises…
5 things to know before the stock market opens Wednesday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. From “oil” to…
CNBC Daily Open: Generic problems, AI valuations and earnings on tap
An employee monitors bottles as they move along the drug production line inside the packaging unit at the…
The Fed rang the alarm about Anthropic’s Mythos AI — but went without it
Federal Reserve Chairman Kevin Warsh testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The…
Musk’s Memphis AI empire is the epicenter of the data center backlash
Two years after Elon Musk made Greater Memphis the center of his artificial intelligence ambitions, building data centers…
Goldman Sachs and JPMorgan Chase are emerging as AI winners
Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon and Goldman Sachs Chairman and CEO David Solomon.…
5 things to know before the stock market opens Tuesday
1. Hindsight 2020 The crude oil tanker Anwaar Trablus unloads U.S. crude oil at Pachi Port near Athens,…
Stocks making the biggest moves premarket: JPM, BAC, IBM, AAPL
Check out the companies making headlines before the bell: JPMorgan Chase — Shares were down slightly in the…