Technology
It’s been a big — but rocky — week for AI models from China. Here’s what’s happened
The Alibaba stand at the World Artificial Intelligence Conference at the Shanghai World Expo Exhibition Center in Shanghai, China, on July 5, 2024. Nurphoto | Nurphoto | Getty Images While U.S. markets have been focused on the impact of Anthropic and Altruist’s tools on software and financial services, China’s tech giants have released AI models […]
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Elon Musk’s xAI faces threat of NAACP lawsuit over air pollution from Mississippi data center
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk’s xAI, which merged with SpaceX last week, is facing increased pressure from environmental and civil rights groups over pollution concerns, this time at the company’s facility in Southaven, Mississippi. On Friday, the Southern Environmental Law Center and Earthjustice, on behalf of the NAACP, sent a notice […]
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China’s tech titans are giving away money and cars in ‘The Lunar New Year AI War’
A dozen actors perform a traditional lion dance in front of Todtown shopping mall ahead of the Chinese Lunar New Year in Shanghai, China, on Feb. 13, 2026, during the opening of the Xinzhuang Lantern Festival. Ying Tang | Nurphoto | Getty Images The Year of the Horse kicks off this weekend, and China’s artificial […]
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Investor Matt Shumer says viral essay wasn’t meant to scare people
Investor Matt Shumer ignited a firestorm on social media this week with an essay that warned about the disruptive potential of AI. More than 80 million views later, he said it “wasn’t meant to scare people.” “I want to be very clear about this, the article wasn’t meant to scare people in this way,” Shumer […]
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AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish. Tens of billions of […]
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We’re looking for things to buy, and may ‘nibble’ on this beaten down stock
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks are trying to stabilize on Friday after a brutal sell-off in the prior session that spared few corners of the market. Banks, office real estate, transportation and logistics […]
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SpaceX launches 12th long-duration crew to International Space Station
A SpaceX Falcon 9 rocket carrying the company’s Dragon spacecraft is launched on NASA’s SpaceX Crew-12 mission to the International Space Station with NASA astronauts Jessica Meir, Jack Hathaway, ESA (European Space Agency) astronaut Sophie Adenot, and Roscosmos cosmonaut Andrey Fedyaev onboard, on Feb. 13, 2026 from Cape Canaveral Space Force Station in Florida. Aubrey […]
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Anthropic taps ex-Microsoft CFO, Trump aide Liddell for board
Chris Liddell, White House deputy chief of staff for policy, listens during an American Workforce Policy Advisory Board meeting in the East Room of the White House in Washington, D.C., U.S., on Friday, June 26, 2020. Al Drago | Bloomberg | Getty Images Anthropic on Friday announced it has appointed longtime executive and political operative […]
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