Technology
Elon Musk’s AI-powered Wikipedia competitor goes live after a rocky launch
The Grok AI logo is seen displayed on a smartphone with the Wikipedia logo in the background. Sopa Images | Lightrocket | Getty Images Elon Musk launched an early version of an AI-powered encyclopedia called ‘Grokipedia’ on Monday, with its website temporarily crashing before coming back online hours later. The new AI service, named after […]
Read More
Cathie Wood says humanoid robots will be the ‘biggest of all’ AI opportunities
An Optimus bot from Tesla on display during the 2024 World AI Conference & High-Level Meeting on Global AI Governance at the Shanghai World Expo Exhibition and Convention Center on July 7, 2024. Anadolu | Anadolu | Getty Images Ark Invest founder and Chief Executive Cathie Wood on Tuesday singled out the potential for artificial […]
Read More
Ark Invest CEO Cathie Wood flags AI market correction risk: ‘We think there will be a reality check’
Cathie Wood, chief executive officer of Ark Investment Management LLC, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schartz | Bloomberg | Getty Images ARK Invest CEO Cathie Wood on Tuesday pushed back on fears of an artificial intelligence bubble, while flagging the possibility of a […]
Read More
CNBC Daily Open: Hopes of a U.S.-China deal spark a rally
U.S. President Donald Trump and China’s President Xi Jinping shake hands before their bilateral meeting during the G-20 leaders summit in Osaka, Japan on June 29, 2019. Kevin Lamarque | Reuters The mere prospect of a U.S.-China trade deal is enough to send markets higher. On Monday stateside, the S&P 500, Dow Jones Industrial Average […]
Read More
CNBC Daily Open: We are all farmers hoping for the end of the U.S.-China trade war
U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lamarque | Reuters The mere prospect of a U.S.-China trade deal is enough to send global markets higher. On Monday stateside, the S&P 500, Dow Jones […]
Read More
Chegg slashes 45% of workforce, blames ‘new realities of AI’
Dan Rosensweig, CEO, Chegg Scott Mlyn | CNBC Chegg said on Monday it would lay off about 45% of its workforce, or 388 employees, as the “new realities” of artificial intelligence and diminished traffic from internet search have led to plummeting revenue. The online education company, founded 20 years ago, has been hit by the […]
Read More
OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI on Monday said the U.S. needs to substantially ramp up its investment in new energy capacity if it wants to […]
Read More