Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an…
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI’s next model is being designed by another model in a sign that AI is reaching “super intelligence,” SoftBank CEO Masayoshi Son told CNBC. The billionaire’s comments come…
The next massive gains in artificial intelligence may come from thousands of miles away. Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management, is urging investors to look beyond their backyards to the emerging markets. “[It’s] where a lot of the big money can be made on the AI trade,” he told…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. It looks like a now-settled proxy war wasn’t Lululemon’s only problem. Shares of the retailer are down 10% before the bell after lackluster product launches and negative media attention led the company to lower its full-year outlook. S&P 500 futures…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. This week has been dominated by the hype around the highly anticipated IPOs of SpaceX, Anthropic and OpenAI. When Elon Musk‘s SpaceX priced its IPO at $135 a share, giving the company a record $1.77 trillion valuation, investors were…
Tencent’s Chief AI Scientist Yao Shunyu (R) discusses the tech outlook with Tencent CNBC | Evelyn Cheng BEIJING — A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It’s a sign of a shift in the U.S.-China tech race. AI with human-level or above…
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Nvidia CEO Jensen Huang may not be a member of K-pop band BTS, but the interest in his visit…
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 Thursday’s key moments. 1. Stocks were mixed Thursday as investors rotated out of AI hardware names and into healthcare, financials, and other lagging sectors. Jim thinks the recent weakness in technology stocks reflects…
Honeywell-backed Quantinuum saw shares jump as much as 19% to over $71 each in their Thursday debut. The quantum company’s stock closed well off those highs, up less than 1%, bringing the market cap to $15.66 billion. Roughly 28 million Quantinuum shares were priced at $60 apiece Wednesday night, above its previous expected range of…
CNBC’s Jim Cramer said Thursday’s rally showed investors remain resilient and eager to buy stocks. “This market has a huge appetite,” the “Mad Money” host said. “One that could shrug off a bear…and still be hungry for more.” The Dow Jones Industrial Average rallied to a record high, up 874 points, or 1.7%. Meanwhile, the…