AI companies have poured more than $20 million into a New York Democratic primary race that could shape what artificial intelligence policies the federal government ultimately adopts. The race in a Manhattan congressional district pits state Assemblyman and AI safety advocate Alex Bores against fellow Assemblyman Micah Lasher and John F. Kennedy grandson Jack Schlossberg….
The logo of the software and hardware manufacturer Oracle can be seen at the German headquarters. Picture Alliance | Picture Alliance | Getty Images Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI. The company’s total workforce stands at…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2026. Brendan McDermid | Reuters Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street. Shares in Asia were broadly lower by the…
SpaceX shares fell more than 3% in premarket trading on Tuesday, following a $400 billion selloff on Monday as a post-debut rally fizzled out. The space and AI company saw huge gains after a record-breaking IPO on June 12, briefly surpassing Amazon and Microsoft in market capitalization, before falling back below both as sentiment cooled….
Rep. Ro Khanna (D-CA) questions U.S. Secretary of Defense Pete Hegseth as he testifies before the House Armed Services Committee April 29, 2026 in the Rayburn House Office Building in Washington, DC. Win Mcnamee | Getty Images Potential 2028 presidential hopeful Rep. Ro Khanna challenged newly minted trillionaire Elon Musk to a televised debate on…
A Tesla Model 3 is shown driving on the highway with FSD 14.2.2.3 self-driving supervised software in Irvine, California, U.S., Jan. 28, 2026. Mike Blake | Reuters The National Highway Traffic Safety Administration said on Monday that it has opened a special crash investigation into a Tesla incident where a Model 3 slammed into a…
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent on Monday said it is testing an AI assistant within WeChat in China as the tech giant looks to step up efforts to challenge…
Elon Musk’s supercomputer Project Colossus, which he’s termed a “gigafactory of compute”, is seen in Memphis, Tennessee, U.S. August 22, 2024. Karen Pulfer Focht | Reuters SpaceX has signed a major computing power agreement with Reflection AI, making the open-source artificial intelligence startup the latest outside company to tap Elon Musk‘s Colossus infrastructure. Under the…
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 Monday’s key moments. 1. Stocks were mixed Monday as investors assessed the latest developments in the Iran war negotiations and awaited the release of key inflation data later this week. West Texas Intermediate…
SpaceX employees celebrate the market close of the SpaceX initial public offering (IPO) at the Nasdaq Marketsite on June 12, 2026, in New York City. Spencer Platt | Getty Images Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link