SpaceX has agreed to testify before the New York City Council this week as part of a legislative investigation concerning artificial intelligence safety risks, the council announced on Tuesday. The council said in a press release that the hearing will take place on Friday at 10 a.m. ET in front of its tech committee. Julie…
A customer enters an Intermarche supermarket in Issy-les-Moulineaux, on the outskirts of Paris, on October 12, 2026, , following a cyberattack affecting the French supermarket chains Intermarche and Cooperative U that caused their refrigerators to defrost. Dimitar Dilkoff | Afp | Getty Images Hackers targeted hundreds of French supermarkets in a cyberattack that reportedly caused…
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, March 9, 2026. Michael Nagle | Bloomberg | Getty Images BANGKOK – The International Monetary Fund warned Tuesday that government bond yields could rise in a disorderly fashion, as rising inflation,…
The SK Hynix Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Tuesday, June 2, 2026. Lam Yik Fei | Bloomberg | Getty Images Asian technology stocks fell Tuesday as a sell-off in U.S. semiconductor shares spilled into regional markets, with worries over artificial intelligence financing and intensifying competition denting sentiment. Shares of…
The stock market has given investors plenty of reasons to sell over the past four years. CNBC’s Jim Cramer said those who resisted the temptation have reaped the rewards. Since bottoming on Oct. 12, 2022, the S&P 500 has surged roughly 118%, weathering aggressive Federal Reserve rate hikes, a banking crisis, sweeping tariffs and a…
Elon Musk spent more than $276 million in newly disclosed donations to Republican groups since July, making him the biggest known donor of the 2026 midterm election as the party fights to hold its majorities in Washington this November. The largest share – $158 million – went to the Senate Leadership Fund, the main super…
Sheldon Cooper | Lightrocket | Getty Images Quantum computing platform IonQ said on Monday it will acquire cybersecurity company Elisity in an all-stock deal worth up to $1.3 billion, including up to $150 million in performance-based earnouts. The move is designed to defend against and uncover attackers targeting generative AI large-language models and AI agents,…
Meta debuted its latest artificial intelligence model, Muse Wonder, and says it’s the most advanced option for powering digital assistants. But it doesn’t come for free. To access the model, users of the Muse personal agent app will need to sign up for a monthly subscription of $20 or $100. The release underscores Meta’s efforts…
Microsoft will ramp up use of its homegrown artificial intelligence chips after years of reliance on Nvidia’s graphics processing units, as the software giant attempts to bolster its AI stack. Starting with its third-generation Maia AI accelerator, unveiled on Monday, Microsoft said it will mainly rely on its own silicon to handle incoming requests. Microsoft’s…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. I saw “The Social Reckoning” over the weekend, the first of a string of new movies and TV shows focused on technology executives. Stock futures are little changed this morning. Stocks finished last week higher. Here are five key things…