Boonchai Wedmakawand | Moment | Getty Images Artificial intelligence is now used by almost 90% of legal professionals in the U.K. and Ireland, and it’s putting one of the profession’s oldest conventions — the billable hour — under the microscope. That’s according to legal software company Clio’s U.K. & Ireland Legal Insights Report 2026. It…
CNBC’s Jim Cramer on Friday said the start of earnings season next week will give investors a clearer picture of corporate performance and the strength of the artificial intelligence trade. “No more guesswork,” the “Mad Money” host said. “We’re about to go into the wide world of earnings season, so we don’t need to hang…
Elon Musk‘s automaker Tesla has changed the brand name of its “Full Self-Driving (Supervised),” or FSD, system in Europe to “Assisted Driving” after German regulators called the branding “somewhat misleading.” The package is still sold under the Full Self-Driving (Supervised) branding in the U.S. as a $99 per month subscription for Tesla owners. Tesla is…
Telecommunications stocks sold off on Friday after Elon Musk‘s SpaceX announced an agreement to purchase a nationwide spectrum portfolio, aiming to expand its Starlink internet into mobile service. Verizon was down roughly 7% on the news, and is pacing its worst day since 2002. Shares of T-Mobile were down 12% while AT&T fell around 10%….
Aerial view of portion of the 928-acre QTS Fayetteville Data Center complex, in Fayetteville, Georgia, U.S. July 17, 2026. Elijah Nouvelage | Reuters Data centers have divided America. The ire of everyday citizens continues to increase against a backdrop of enthusiastic and deep-pocketed Wall Street investors betting artificial intelligence is the economic engine of the…
Your next personal shopper may not be a person at all. The latest breed of artificial intelligence assistants goes beyond the abilities of chatbots, which are great at answering questions and creating content. These generative AI chatbots, like ChatGPT, are the brain. These new AI agents layered on top, think of them like the body…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Don’t miss Federal Communications Commission Chairman Brendan Carr on “Squawk on the Street” at 11 a.m. ET. Watch live on CNBC or CNBC+. Stock futures are higher this morning following a losing day for the S&P 500. Here are five…
HOUSTON — During a late night at home in May 2021, Hy Luu, a 29-year-old engineering consultant, was researching how to obtain more capital to invest in shares of Tesla. That’s when he discovered margin investing: the act of borrowing money from a broker to buy securities such as stocks, while using existing investments as…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Anthropic and OpenAI are poaching officials from the Trump administration for senior roles as the AI sector scrambles to strengthen ties to Washington, with frontier tech increasingly viewed as a national security issue. This year, Anthropic has appointed…
OpenAI on Friday defended its decision to fire three safety researchers, saying they had committed a “significant breach of trust.” The AI lab said in a post on X that its decsion to part ways with Jasmine Wang, Tomek Korbak and Mikita Balesni, was not about the fact that they had raised safety concerns. The…