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The biggest names missing from the list of America’s top philanthropists
Dia Dipasupil | Getty Images Entertainment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. America’s top 50 philanthropists gave a whopping $22.4 billion to charity in 2025, according […]
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Who is really footing the AI energy bill? Inside the debate about data center electricity costs
Advocacy groups and community members protest laws surrounding data centers while outside the Texas Capitol in Austin Monday, Feb. 23, 2026. Austin American-statesman/hearst Newspapers | Hearst Newspapers | Getty Images The companies racing to build the massive infrastructure needed for the artificial intelligence boom are facing growing backlash over electricity costs, as households and policymakers question […]
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Palantir’s technology gives the West a critical edge in Middle East, CEO Alex Karp says
Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capacities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that […]
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Trump tariffs: Martin Heinrich bill would give families tax rebate for higher import costs
Sen. Martin Heinrich (D-NM) sits in a Monarch MK-V Electric Tractor during an event showcasing various electric trucks near Capitol Hill on June 7, 2023 in Washington, DC. Drew Angerer | Getty Images Sen. Martin Heinrich, D-N.M., introduced a bill Thursday to create a new tax rebate for individuals and families hit by the cost […]
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Palantir is still using Anthropic’s Claude as Pentagon blacklist plays out, CEO Karp says
Palantir is still using Anthropic’s Claude as the artificial intelligence startup’s clash with the Pentagon plays out, CEO Alex Karp told CNBC Thursday. “The Department of War is planning to phase out Anthropic; currently, it’s not phased out,” Karp told CNBC’s Seema Mody at Palantir’s AIPcon 9 in Maryland. “Our products are integrated with Anthropic, […]
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FCC chair slams Amazon for slow satellite launches after it opposed SpaceX data center plan
FCC Chairman Brendan Carr testifies during the House Energy and Commerce Subcommittee on Communications and Technology hearing titled “Oversight of the Federal Communications Commission,” in Rayburn building on Wednesday, January 14, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images Federal Communications Commission Chairman Brendan Carr lashed out at Amazon on Wednesday for opposing […]
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Atlassian slashes 10% of workforce to ‘self-fund’ investments in AI and enterprise sales
Mike Cannon-Brookes, co-founder of Atlassian Corp., in Sydney, Australia, on Dec. 6, 2023. Lisa Maree Williams | Bloomberg | Getty Images Atlassian said on Wednesday that it’s eliminating 10% of its workforce, or about 1,600 jobs, as the company restructures following a plunge in its stock price driven by developments in artificial intelligence. “We are […]
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Stocks making the biggest moves midday: Oracle, Nebius, Campbell’s, Serve Robotics, Cadre and more
Check out some of the companies making the biggest moves midday: Oracle — Oracle jumped 10% after the cloud infrastructure company gave strong fiscal third-quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook by $1 billion to $90 billion. Analysts polled by LSEG had estimated $86.6 billion. […]
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Meta rolls out in-house AI chips weeks after massive Nvidia, AMD deals
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta on Wednesday revealed four custom, in-house chips tailored for artificial intelligence-related tasks as part of the company’s massive data center expansion plans. The specialized silicon is part of the Meta Training and Inference Accelerator, or MTIA, family […]
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Oil’s wild ride, Oracle earnings, Kevin Warsh’s ‘perfect storm’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. If you’re a fan of commercial real estate, or Netflix’s “Owning Manhattan” (or both), check out Ryan Serhant’s sitdown with CNBC’s Diana Olick. Stock futures are around flat this morning. The three major indexes finished yesterday’s session little changed. Here […]
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