Anthropic’s longstanding push for regulation is coming back to bite it. The artificial intelligence company, now valued at close to $1 trillion, has spent years touting its dedication to safety. But for the second time this year, Anthropic has found itself caught in the Trump administration’s crosshairs, this time out of concern for the safety…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Before we hear from Federal Reserve Chairman Kevin Warsh at his post-decision news conference this afternoon, President Donald Trump is set to hold his own press conference at the G7 summit this morning. S&P 500 futures are little changed this…
The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters BEIJING — Senior Chinese officials on Wednesday stressed Beijing’s plans to share artificial intelligence globally and safely, the latest sign of how the U.S. and…
SpaceX shares rose 4% in premarket trading on Wednesday, as the Elon Musk-led company extended a remarkable rally that’s seen the stock surge around 62% since a blockbuster IPO on Friday. Consistent gains for SpaceX this week pushed its market cap above Amazon on Tuesday, and it briefly surpassed Microsoft to become the fourth-largest company…
Chiefs of the world’s leading AI companies are descending on the G7 conference in France Wednesday, in a sign of their growing geopolitical influence as artificial intelligence rises to the top of the global agenda. CEOs including OpenAI’s Sam Altman, Anthropic’s Dario Amodei, Google DeepMind’s Demis Hassabis, alongside around a dozen other tech leaders, will…
The rapid increase in bond issuance by artificial intelligence and hyperscaler companies will require strong vigilance around investment choices, according to fund firm Man Group . “Public market credit investors in the AI space face an uncomfortable asymmetry: they bear meaningful exposure to execution risk and buildout delays, yet receive none of the equity upside…
Intel CEO Lip-Bu Tan attends the annual Computex trade show in Taipei, Taiwan, June 2, 2026. Tsai Hsin-han | Reuters Intel has begun production of its most-advanced chip node, bringing the company one step closer to a possible deal to make some chips for Apple devices. Intel announced it’s making the new chip node, 18A-P,…
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Data and AI Summit in San Francisco on June 16, 2026. Grant Terzakis Media | Databricks Databricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company’s data analytics tools. But as clients rely on more…
CNBC’s Jim Cramer said Tuesday that investors flocking to SpaceX are betting on Elon Musk’s ability to create transformative businesses — not the company’s current earnings power. “The stock is called SpaceX, but it might as well be called Elon Musk,” the “Mad Money” host said. SpaceX has quickly become one of the world’s most…
In this photo illustration, the Anthropic logo is seen on a smartphone with a Claude Mythos logo in the background. Sopa Images | Lightrocket | Getty Images Anthropic’s suspension of its top AI models late last week drove home a hard truth for the companies that were counting on them: access can be cut off…