CNBC’s Arjun Kharpal sits down with OpenAI CEO Sam Altman at the AI Impact Summit. Photo: Yolande Chee Yolande Chee India hosted one of the world’s biggest AI events this week, but it was marred by chaos and confusion, apparently not the message it’s trying to send as it strives to become a leading artificial…
Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers —…
Tim Cook, chief executive officer of Apple Inc., during the 60th presidential inauguration in the rotunda of the US Capitol in Washington, DC, US, on Monday, Jan. 20, 2025. Bloomberg | Getty Images Apple’s tariff bill has racked up about $1 billion per quarter, but that number should start shrinking following the Supreme Court decision…
E-commerce stocks that were exposed to President Donald Trump‘s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which…
Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images The National Parent Teacher Association is splitting with Meta as the social media giant’s high-profile child-safety…
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI is telling investors that it’s now targeting roughly $600 billion in total compute spend by 2030, months after CEO Sam Altman touted $1.4 trillion in infrastructure commitments. The artificial intelligence company is providing a…
Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft’s head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company’s Xbox business faces increased challenges. “Last year,…
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, Nov. 19, 2025. Evelyn Hockstein | Reuters A federal judge in Miami denied Tesla’s bid to toss out a $243 million verdict in a lawsuit that requires the automaker to compensate the family of a 2019 fatal Autopilot crash victim as well as a survivor. The…
Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 14% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide…
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 reversed higher after the Supreme Court on Friday struck down the bulk of President Donald Trump’s tariffs . The S & P 500 had been down earlier in…