Technology
Trump AI czar Sacks calls California wealth tax an asset seizure and ‘scary direction’ for U.S.
President Donald Trump’s artificial intelligence and crypto czar David Sacks on Wednesday criticized California’s proposed wealth tax on billionaires, calling it a “scary direction” for the U.S. “This is this is not a tax, this is an asset seizure,” the venture capitalist told CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland. “Never […]
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OpenEvidence, the ‘ChatGPT for doctors,’ doubles valuation to $12 billion
A startup widely known as “ChatGPT for doctors” raised a new funding round that values the company at $12 billion. OpenEvidence, based in Miami, Florida, closed a $250 million financing, led by Thrive Capital and DST, the company told CNBC. The startup first raised outside capital in February, when it reeled in $75 million from […]
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Nvidia’s Jensen Huang says AI robotics is a ‘once-in-a-generation’ opportunity for Europe
Nvidia chief Jensen Huang said that AI robotics is a “once-in-a-generation” opportunity for Europe as the region boasts an industrial manufacturing base that is “incredibly strong.” “You can now fuse your industrial capability, your manufacturing capability, with artificial intelligence, and that brings you into the world of physical AI, or robotics,” he said in an […]
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Chinese tech giants enter the ‘agentic commerce’ race as AI reshapes super apps
NANJING, CHINA – NOVEMBER 25: Aerial view of Alibaba Jiangsu Headquarters at night on November 25, 2025 in Nanjing, Jiangsu Province of China. (Photo by Fang Dongxu/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s technology giants are entering a new phase of the artificial intelligence race called ‘agentic commerce,’ as […]
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Deutsche Bank declares ‘the honeymoon is over for AI’ — here’s why
Central banks and investment firms have warned of a sharp economic correction if AI disappoints investors. Now, Deutsche Bank says 2026 will be the hardest year yet for the technology. “AI will survive,” Adrian Cox and Stefan Abrudan, analysts at the investment bank, wrote in a Jan. 20 note titled “The honeymoon is over.” But […]
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EU plan to phase-out high-risk tech draws fire from China’s Huawei
The EU plans to phase out components and equipment from high-risk suppliers in critical sectors, according to a draft proposal released by Brussels on Tuesday – a move criticized by China’s Huawei, which is set to be among the companies affected. Sopa Images | Lightrocket | Getty Images The EU plans to phase out components and equipment from high-risk suppliers in critical sectors, according to a draft […]
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Cramer says wild speculation has returned to the market — and here’s what investors must do
A wave of speculative buying has crashed over the stock market to start the new year, prompting CNBC’s Jim Cramer to urge investors to take profits in stocks that have gone parabolic. “You haven’t made a profit unless you ring the register on some of your gains,” Cramer said Tuesday night on “Mad Money.” Those […]
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OpenAI is rolling out age prediction for ChatGPT consumer plans
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI on Tuesday said it is rolling out an age prediction model to its ChatGPT consumer plans to help the artificial intelligence company identify accounts that belong to users under 18 years old. The model […]
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California billionaire tax faces potential ‘uphill battle,’ new poll finds
Representative Ro Khanna, a Democrat from California, during a news conference outside the US Capitol in Washington, DC, US, on Tuesday, Nov. 18, 2025. Graeme Sloan | Bloomberg | Getty Images With about 10 months to go before the 2026 elections, one of the hot-button topics in California has become a proposal to tax billionaires. […]
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Anthropic appoints Mariano-Florentino Cuéllar to its independent trust, two members conclude terms
Anthropic on Tuesday announced it has appointed legal and international affairs expert Mariano-Florentino Cuéllar to its Long-Term Benefit Trust, the company’s independent governance structure that selects Anthropic’s board members and advises leadership. Cuéllar has served in three U.S. presidential administrations, acted as a Justice of the Supreme Court of California and chairs the board of the […]
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