Intel has hit a milestone in the construction of its massive chip fabrication plant in New Albany, Ohio, that’s running at least five years behind schedule, a delay that’s coincided with soaring demand for advanced chips. On Wednesday, Intel announced that crews have installed the first major structural truss in Ohio, which means the next…
Goldman Sachs signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, July 14, 2026. Michael Nagle | Bloomberg | Getty Images Trading in so-called tokenized stocks is gaining momentum in international markets, even as major U.S. companies are pushing back against efforts to introduce them domestically. Trading…
BERLIN — Nebius is seeing AI computing prices rise more than expected, a top executive told CNBC on Wednesday, offering a bullish view as neocloud firms’ business model comes under increasing scrutiny. Investors have grown wary after CoreWeave, one of the biggest neocloud players, saw the spread on its five-year credit default swaps hit levels…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Hello, this is Leonie Kidd, with today’s edition of Morning Squawk. One man is the center of gravity for the biggest market-moving stories of the day – Elon Musk. From SpaceX and Tesla’s possible mega-merger plan, to astronomical earnings from SpaceX, to…
Nvidia announced Wednesday a new product that will put seven of its Vera Rubin AI racks into a shipping container, the company’s latest effort to move up the stack and offer complete systems for artificial intelligence computing. The DSX Pod AI Factory is roughly the size of a standard shipping container and weighs about 28,000…
U.S. President Donald Trump on Wednesday urged data center companies to “MAKE DEALS” with local communities to ensure their support for the costly facilities. Trump said that to make them more popular, data center operators should pay the community, “and/or individuals within the community, a ‘dividend.’” “I have watched the process closely, and Data Centers…
Tesla and SpaceX CEO Elon Musk attends the Golden Age of American Innovation Summit at the Institute of Peace on Oct. 8, 2026 in Washington, DC. Win McNamee | Getty Images SpaceX jumped in premarket trading on Wednesday after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a…
OpenAI has revealed that agents operated by two of its most powerful models disabled their own safety monitoring when carrying out routine tasks, with one subsequently denying it had done so. An agent powered by GPT Sol 6.1 disabled automatic alerts to OpenAI’s security team, the company said in a blog post late on Tuesday….
Prime Minister Andy Burnham announced a campaign against listening to music or videos without headphones on public transportation. We asked London commuters to weigh in. Source link
The logo of Australian data centre operator NextDC is seen on its Artarmon facility in Sydney on September 15, 2026. (Photo by Saeed KHAN / AFP via Getty Images) Saeed Khan | Afp | Getty Images Shares of Australia’s NextDC plunged 39.5% on Wednesday after the data center operator slashed its annual earnings forecast, citing…