Shares of Synopsys climbed about 4% Monday as activist investor Elliott Investment Management built a multibillion-dollar stake in the company, CNBC’s David Faber confirmed. “As AI drives a step change in chip complexity and capital investment, Synopsys is uniquely positioned to benefit from this growth,” Jesse Cohn, Managing Partner at Elliott, told CNBC. “We believe…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. If you were watching CNBC earlier this morning, you might have caught the premier of “Morning Call” — CNBC’s new 5 a.m. ET show anchored by Morgan Brennan. Stock futures are surging this morning. The three major averages are coming…
Senator Elizabeth Warren, a Democrat from Massachusetts, during a Senate Armed Services Committee confirmation hearing in Washington, DC, US, on Thursday, Jan. 15, 2026. Aaron Schwartz | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., said the Department of Defense‘s decision to designate artificial intelligence startup Anthropic a supply chain risk “appears to be retaliation.”…
The Spotify music app is seen on a phone in New York City on June 4, 2024. Michael M. Santiago | Getty Images Streaming music apps have been nudging users into the artificial intelligence era with a limited track record of success. But AI-based recommendation tools from Apple, Amazon and pure-play streaming company Spotify are…
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images When OpenAI CEO Sam Altman took the stage at BlackRock’s U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality:…
Europe’s Ariane 6 rocket takes off, in Kourou, French Guiana, July 9, 2024. European Space Agency ESA | Via Reuters A new layer of critical infrastructure is emerging above our heads. Low Earth Orbit (LEO) — which NASA defines as the stretch of space at an altitude of 2,000 km or less — is rapidly evolving from…
U.S. President Donald Trump speaks to the media as he departs the White House for Florida, in Washington, D.C., U.S., March 20, 2026. Nathan Howard | Reuters President Donald Trump on Saturday threatened to send federal immigration agents to U.S. airports unless congressional Democrats immediately agree to fund the Department of Homeland Security. “I will move our brilliant and patriotic ICE Agents…
His software brought printing into the digital age, allowing users to stop manually splicing columns of text and graphics and instead create layouts on a virtual pasteboard. Source link
For the close to half-a-million workers at FedEx, a major AI journey is underway. The logistics giant is in the midst of a widespread AI literacy initiative that it says will make employees more knowledgeable, efficient and promotion-ready. Launched in early December in partnership with tech consulting firm Accenture, the enterprise-wide education program is also meant to spark innovation…
People queue to have their laptops install with OpenClaw, an open-source AI assistant at the Baidu headquarter in Beijing on March 11, 2026. Adek Berry | Afp | Getty Images Three months ago, the tech industry was unaware of a lobster-themed AI coding project built by an under-the-radar Austrian software developer. OpenClaw, as that creation…