Elon Musk
How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI
Chinese artificial intelligence lab DeepSeek roiled markets in January, setting off a massive tech and semiconductor selloff after unveiling AI models that it said were cheaper and more efficient than American ones. But the underlying fears and breakthroughs that sparked the selling go much deeper than one AI startup. Silicon Valley is now reckoning with […]
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Astronauts vs. Musk: Public spat ensues over claims that politics delayed a flight to Earth
Elon Musk looks on, during the visit of Indian Prime Minister Narendra Modi (not pictured) at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters Elon Musk and European astronaut Andreas Mogensen exchanged barbs online after Musk suggested in a recent interview that two NASA astronauts were left on the […]
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OpenAI CFO talks possibility of going public, says Musk bid isn’t a distraction
OpenAI’s astounding growth rate potential is luring possible investors as questions loom over whether the startup will go public. “In terms of a multiple to pay for stock like ours, there’s incredible interest at the moment,” finance chief Sarah Friar told CNBC’s David Faber on Thursday. Its future growth potential has also enabled OpenAI to […]
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Trump says he’s weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed on Wednesday that he’s considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans. “There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,” Trump said during his remarks […]
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Trump says his administration will check Fort Knox ‘to make sure the gold is there’
watch now VIDEO6:2006:20 Alamos Gold CEO John McCluskey on record production, 2025 outlook Squawk Box President Donald Trump said his administration is going to audit the U.S. gold reserves kept at Fort Knox in Kentucky. “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” Trump said […]
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OpenAI tops 400 million users despite DeepSeek’s emergence
Brad Lightcap of OpenAI. Courtesy: OpenAI OpenAI appears to be growing quickly despite increasing competition. The San Francisco-based tech company had 400 million weekly active users as of February, up 33% from 300 million in December, the company’s chief operating officer, Brad Lightcap, told CNBC. These numbers have not been previously reported. Lightcap pointed to […]
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CNBC’s Inside India newsletter: How natural gas could help solve the India-U.S. trade dispute
Workers walk on the jetty’s platform at the Dhamra LNG Terminal Private Limited (DLTPL) near Dhamra port in Bhadrak district of India’s Odisha state on October 16, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images This report is from this week’s CNBC’s […]
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Law firm repping Tesla drafts Delaware bill that could salvage Musk pay package
Elon Musk leaves after a meeting with Indian Prime Minister Narendra Modi at Blair House, in Washington, D.C., U.S., February 13, 2025. Nathan Howard | Reuters A law firm that represents Tesla and Elon Musk has written proposed legislation that would alter Delaware corporate law, according to a person directly familiar with the drafting of […]
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Tesla picks showroom sites in New Delhi, Mumbai to start India sales: Reuters
Tesla signage is seen at a Tesla showroom on July 05, 2024 in New York City. Michael M. Santiago | Getty Images Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, Reuters sources familiar with […]
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DOGE-affiliated employee has accessed IRS system with sensitive taxpayer information
The Internal Revenue Service building in Washington, D.C. on Feb. 13, 2025 Kayla Bartkowski | Getty Images News | Getty Images An Internal Revenue Service employee who is affiliated with the Department of Government Efficiency has accessed an IRS system that houses sensitive taxpayer information, according to an administration official. The employee was granted access to the […]
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