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Visa says new AI shopping tool has helped customers with hundreds of transactions
Mustafa Hatipoglu | Anadolu | Getty Images Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company’s product event in April. The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task […]
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What’s ahead for media in 2026? Anonymous executives make bold predictions
CEO and President of Warner Bros. Discovery David Zaslav and CEO of Paramount Skydance, David Ellison. Mike Blake | Brendan McDermid | Reuters It’s time for everyone’s favorite holiday tradition — CNBC’s annual anonymous media executive predictions! CNBC spoke with 16 of the most powerful and influential executives in U.S. media, sports and entertainment, who […]
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Cramer slams Amazon for considering a circular AI deal reminiscent of the dotcom bubble
Jim Cramer implores Amazon not to engage in “sham-like” circular AI deals that remind him of the kind of speculation that fueled the 1990s dotcom bubble that burst more than two decades ago. According to multiple reports on Wednesday, Amazon is in talks about a potential $10 billion investment in OpenAI in exchange for the […]
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Amazon says AI chief Rohit Prasad is leaving, Peter DeSantis to lead ‘AGI’ group
Rohit Prasad, Senior VP & Head Scientist for Alexa, Amazon, on Centre Stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal. Ben McShane | Sportsfile | Getty Images Rohit Prasad, a top Amazon executive overseeing its artificial general intelligence unit, is leaving at the end of this year, the […]
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Stocks making the biggest moves midday: Oracle, Jabil, Paramount, Texas Pacific & more
Check out the companies making the biggest moves in midday trading: Texas Pacific Land — Shares of the large Texas landowner jumped 8% after it struck a deal with Bolt Data & Energy to develop large-scale data center campuses on properties owned by Texas Pacific Land. Jabil — The electronics firm fell about 2%, however, […]
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Stocks making the biggest moves premarket: Netflix, Amazon, Lennar, General Mills & more
Check out the companies making the biggest moves in premarket trading: Warner Bros. Discovery , Netflix , Paramount Skydance — Warner Bros. Discovery’s board unanimously recommended that shareholders reject Paramount Skydance’s takeover bid and stick with Netflix’s proposal — which they called “superior.” Netflix shares ticked higher by 1.4% in the premarket. Warner shed 1.8% […]
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Apple punted on AI this year. Next year will be critical
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images One of the biggest launches in Apple’s history is supposed to come next year, and it’s got nothing to do with hardware. The company […]
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CNBC Daily Open: Beauty is in the eye of the U.S. jobs report beholder
Business representatives staff a table at a career fair in Harlem hosted by Assemblymember Jordan Wright on Dec. 10, 2025, in New York City. Spencer Platt | Getty Images The U.S. November jobs report has something for everybody. Those convinced of weakness will highlight the higher-than-expected unemployment rate as well as the number of jobs […]
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OpenAI in talks with Amazon about investment that could exceed $10 billion
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 is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed […]
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Alphabet-owned Waymo in talks to raise $15 billion in funding
Waymo co-CEOs (L-R): Tekedra Mawakana and Dmitri Dolgov Waymo Self-driving car company Waymo is in talks to raise $15 billion in funding in the new year. The robotaxi company plans to raise billions from Alphabet, its parent company, as well as outside investors at a valuation as high as $110 billion, according to a person […]
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