Artificial intelligence
We tried out xAI’s Grok chatbot while driving a Tesla in NYC. Here’s what happened.
Tesla owner Mike Nelson has been using the AI chatbot Grok in his vehicle for several months now. He finds it is useful, nearly irresistible, and dangerous. Nelson, a lawyer with a background in auto insurance, showed CNBC how he uses Grok on a drive around the New York metro area. Nelson said that while […]
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How a new Amazon-backed Hollywood production startup deploys AI for speed and cost-cutting
At a time when Hollywood is torn between fear of artificial intelligence stealing jobs and the pressure to cut costs, a new kind of hybrid production studio is launching with the latest AI tools. Innovative Dreams is a new production services company, backed by Amazon Web Services and Luma, a generative AI startup, that combines […]
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AMD shares soar 12% on no company news. Here’s what has investors so excited
Intel’s latest earnings report showed big demand for central processing units, or CPUs, as companies rush to build out their artificial intelligence capabilities, sending its stock surging. The numbers led investors to scoop up shares of another major chipmaker: Advanced Micro Devices. AMD shares soared more than 12% on Friday as Wall Street analysts were […]
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Musk v. Altman heads to court next week. Here’s what’s at stake
A yearslong legal brawl between Elon Musk, the world’s richest man, and OpenAI CEO Sam Altman heads to court in Northern California on Monday in a dramatic showdown between two of the most high-profile names in the tech industry. In his $134 billion lawsuit, Musk claimed that OpenAI, Altman and the company’s president, Greg Brockman, […]
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Meta will adopt hundreds of thousands of AWS Graviton chips in latest AI infrastructure grab
Around 3.6 billion people use Meta’s applications every day, and the social networking company will be operating 32 data centers to handle the load with the completion of a new one in Oklahoma. But that’s not enough. Amazon’s cloud unit said Friday that Meta has agreed to use Amazon’s general-purpose Graviton chips in a deal […]
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AI data center backlash threatens Pennsylvania GOP incumbents in 2026 election
A data center owned by Amazon Web Services, front right, is under construction next to the Susquehanna nuclear power plant in Berwick, Pennsylvania, Jan. 14, 2025. Ted Shaffrey | AP The AI-driven data center boom in Pennsylvania — which includes a $20 billion investment from Amazon — is leading to political angst in districts in […]
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The aerospace and defense trade is taking investors deeper into space, and more ETFs are up for the mission
The aerospace and defense trade is taking investors deeper into space and exchange-traded funds want a part of it. VettaFi’s Cinthia Murphy told CNBC’s “ETF Edge” this week there are now more ETFs tackling the space theme more directly — listing the Procure Space ETF (UFO) and Global X Defense Tech ETF (SHLD) as examples. […]
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Software stocks plunge on ServiceNow, IBM results as AI fears escalate
Signage outside the ServiceNow headquarters in Santa Clara, California, US, on Thursday, Sept. 4, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks plummeted on Thursday as disappointing results from ServiceNow and IBM added to fears that artificial intelligence tools and services will disrupt their businesses. Shares of ServiceNow sank 17% Thursday, on […]
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Microsoft expands AI footprint in Australia with $18 billion investment
SYDNEY, AUSTRALIA – APRIL 23: Chairman and CEO of Microsoft Satya Nadella speaks on stage during the Microsoft AI Tour at TikTok Entertainment Centre on April 23, 2026 in Sydney, Australia. Nadella, making his first visit to Australia since 2019, addressed business leaders, developers, and government representatives at the Microsoft AI Tour in Sydney on […]
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How Standard Chartered rebuilt after crisis: CEO Bill Winters on leading the turnaround
Standard Chartered CEO Bill Winters reflects on leading the bank through one of its most challenging periods — and how he is positioning it for the future of finance across Asia and beyond. When Bill Winters took over Standard Chartered in 2015, the bank was facing mounting pressure from bad loans, regulatory scrutiny and declining investor confidence. […]
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