OpenAI CEO Sam Altman on Friday defended the resource demands of artificial intelligence, calling concerns about data centers’ water use “fake” and comparing the energy used by AI systems to that of humans. Altman was speaking on the sidelines of the India AI Impact summit in an interview with The Indian Express when he was…
Global betwork concept using maps from NASA. Fotograzia | Moment | Getty Images As competition with China intensifies, Washington is turning to a cornerstone of American soft power and diplomacy to expand its global influence in artificial intelligence: the Peace Corps. The White House on Friday announced the “Tech Corps” initiative within the Peace Corps aimed…
President Donald Trump late Saturday called on Netflix to fire board member Susan Rice or “pay the consequences,” after she said Democrats would push for corporate accountability if they regain power in the November midterm elections. In a Truth Social post on Saturday, Trump described Rice, who served as President Joe Biden’s domestic policy chief…
The stock market staged a comeback last week, even as Wall Street waded through a flurry of both upbeat and unsettling headlines. The Nasdaq broke its five-week losing streak on Friday, buoyed by strong advances from our big tech names like Meta Platforms , Nvidia and Amazon . The tech-heavy index ended the week 1.9%…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Most of the world’s population could be running on a Chinese tech stack in five to 10 years, one analyst told CNBC’s “Squawk Box Europe” earlier this week. The U.S.’ “perceived monopoly” on tech and AI has been…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. I’ve spent the last 24 hours going back and forth on whether I need to hop on the “dad shoe” trend. Stock futures are little changed this morning. The major indexes are coming off a down day. Here are five…
CNBC’s Arjun Kharpal sits down with OpenAI CEO Sam Altman at the AI Impact Summit. Photo: Yolande Chee Yolande Chee India hosted one of the world’s biggest AI events this week, but it was marred by chaos and confusion, apparently not the message it’s trying to send as it strives to become a leading artificial…
Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers —…
Tim Cook, chief executive officer of Apple Inc., during the 60th presidential inauguration in the rotunda of the US Capitol in Washington, DC, US, on Monday, Jan. 20, 2025. Bloomberg | Getty Images Apple’s tariff bill has racked up about $1 billion per quarter, but that number should start shrinking following the Supreme Court decision…
E-commerce stocks that were exposed to President Donald Trump‘s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which…