Technology
Xiaomi launches flagship smartphone as memory price surge threatens sales
Xiaomi launched the Xiaomi 17 Ultra at Mobile World Congress in Barcelona on March 28. 2026. Xiaomi Xiaomi launched its latest flagship smartphones globally on Saturday as an unprecedented surge in memory chip prices threatens to dampen sales. The Xiaomi 17 and 17 Ultra represent the Chinese technology giant’s top tier devices aimed at challenging […]
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AI just leveled up and there are no guardrails anymore
In the first two months of 2026, generative artificial intelligence has undergone a rapid scaling of capabilities, going from chatbot to full-blown executive assistant and triggering an indiscriminate sell-off across sectors, hitting software, legal, insurance and cybersecurity stocks. “AI just went through its third inflection,” Nvidia CEO Jensen Huang told CNBC’s Becky Quick on Wednesday. […]
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Google wants Intrinsic to be ‘Android of robotics’ as it pushes into physical AI
Intrinsic CEO Wendy Tan White has led the company to graduate out of Alphabet’s “Moonshot” factory X. Intrinsic Google became a powerhouse in smartphones by creating the Android operating system and partnering with handset makers in need of an answer to Apple’s iPhone. Now the search giant has a similar plan for tackling robotics. Earlier […]
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OpenAI strikes deal with Pentagon, hours after rival Anthropic was blacklisted by Trump
Sam Altman, chief executive officer of OpenAI Inc., at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images OpenAI CEO Sam Altman said late Friday that his company has agreed to terms with the Department of Defense on use of its artificial intelligence models, […]
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Jack Dorsey made the loudest case yet that AI is already replacing jobs
Jack Dorsey, co-founder and CEO of Block Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images The tech industry has spent the last couple years debating whether artificial intelligence will actually eliminate jobs at scale or simply be used as an excuse […]
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How Amazon’s massive stake in OpenAI could boost its AI and cloud businesses
Amazon on Friday unveiled a strategic partnership with OpenAI that includes an investment of up to $50 billion, the latest sign of deepening ties between the tech giant and the maker of ChatGPT. As part of the deal, OpenAI will use more Amazon Web Services infrastructure, including a commitment to deploy 2 gigawatts of the […]
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WBD employees fear coming wave of job losses as Paramount tops Netflix’s bid to acquire company
The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance‘s acquisition offer over Netflix‘s, but it also terrified a lot of its employees. While some of those people own WBD shares and may prefer the financials of Paramount’s $31-per-share bid to Netflix’s $27.75-per-share offer, CNBC spoke to 10 WBD […]
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CoreWeave CEO defends spending plans, tries to combat debt narrative as stock plummets nearly 22%
Coreweave CEO Mike Intrator backed up the company’s massive spending plans during an interview with CNBC’s “Squawk on the Street” on Friday as shares dropped post-earnings on profitability worries. Intrator told CNBC that Coreweave has willingly chosen to invest in more infrastructure and take a margin hit to meet the “once in a generation moment” […]
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Nvidia’s stock wrapping up tough week as Wall Street focuses more on competition than growth
Nvidia CEO Jensen Huang speaks during a dinner event with the company’s Taiwanese suppliers in Taipei, Taiwan, on Saturday, Jan. 31, 2026. Lam Yik Fei | Bloomberg | Getty Images Nvidia reported blowout earnings on Wednesday and issued a better-than-expected forecast showing accelerating growth. CEO Jensen Huang proclaimed that “compute demand is skyrocketing.” Investor concerns […]
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Here’s an update on our 4th Industrial Revolution stocks and the rest of the portfolio
On Friday, the CNBC Investing Club held its February Monthly Meeting, where Jim Cramer and Director of Portfolio Analysis ran through each stock in the portfolio. Jim put a special focus on the Club stocks within the artificial intelligence trade. He’s dubbed them the “Fourth Industrial Revolution stocks,” borrowing the term from Nvidia CEO Jensen […]
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