ChatGPT accounts for 80% of identifiable House AI spending
OpenAI CEO Sam Altman speaks with reporters following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn…
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…
Anduril CEO Brian Schimpf talks AI in warfare and manufacturing push
For decades, the defense industry has been dominated by a small number of established contractors building increasingly complex…
Apple drops 7%, Amazon surges 12% after earnings
Amazon shares surged on Friday while Apple dropped as investors reacted starkly differently to their June quarter earnings…
Asian markets rise as AI-related stocks soar
BANGKOK (AP) — South Korea’s Kospi index jumped more than 16% on Friday, tracking gains on Wall Street…
SK Hynix, Samsung stocks: AI rally roars back
Omar Marques | Lightrocket | Getty Images South Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in…
Tim Cook sees Apple’s hybrid AI strategy as a ‘competitive weapon’
Tim Cook arriving at the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on…
AWS earnings Q2 2026
Amazon Web Services CEO Matt Garman speaks at the HumanX Conference in San Francisco on April 7, 2026.…
China’s open-weight model lead exposes America’s AI blind spot
Some of America’s biggest technology companies are pushing Washington to make open artificial intelligence a national priority as…
Wealth managers face a new challenger: their clients’ AI chatbots
Boy Wirat | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth…
Meta tanks 9%, Microsoft jumps 8% as the AI trade splits Big Tech
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella. Getty Images | Reuters Microsoft shares jumped in…
Microsoft’s AI spending guide is music to our ears, quieting the bears — for now
Microsoft broke ranks and kept its capital expenditures outlook steady — and the troubled stock was handsomely rewarded…