The Trump administration banned Chinese AI startup DeepSeek from civilian U.S. government agencies, citing security concerns. The Department of Homeland Security on Monday made public the order requiring federal civilian agencies to remove DeepSeek-related technology from their IT systems and barring them from procuring DeepSeek products and services. The ban applies to federal civilian agency…
Nvidia is increasing its investments in Europe’s artificial intelligence sector, unveiling plans to back four German startups as the country pushes to strengthen its position in industrial AI. The investments are part of the U.S. chipmaker’s nearly $10 billion commitment to invest in companies, universities and research institutions across Europe, as announced at the Invest…
Anthropic said Sunday it plans to commit 5% of its shares to a new public benefit fund, with the stake potentially increasing as the company’s valuation grows. Subject to shareholder approval, the fund would immediately commit 5% of Anthropic’s shares, with the board adding, at its discretion, an additional 2% for every 50% increase in…
CNBC’s Jim Cramer said the 1987 market crash offers an important lesson that can be applied to the recent AI stock sell-off. Monday marked 39 years since Black Monday, when the Dow Jones Industrial Average plunged 22.6% in a single session. The historic crash was fueled in part by portfolio insurance strategies designed to protect…
CNBC’s Jim Cramer said he’s not in a hurry to rush back into artificial intelligence stocks, despite Monday’s rebound in the battered technology sector. “Even after today’s bounce, I think it’s too soon to say the coast is clear and it’s safe to dive back into the hardest hit AI data center stocks,” the “Mad…
Apple’s iPhone Duo is shaping up to be the new growth engine that Jim Cramer predicted it would be. In the days leading up to Duo preorders this past Friday, Jim said many times that Apple’s first foldable device would be a blockbuster. He also called out investors for selling off shares. So far, early indications…
John Ternus, chief executive officer of Apple Inc., during a product unveiling event at Apple Park in Cupertino, California, US, on Wednesday, Sept. 9, 2026. David Paul Morris | Bloomberg | Getty Images Apple announced a product launch event on Oct. 28, sending invitations on Monday to media and analysts for an “Apple Experience in…
If there’s one thing most Americans can agree on, it’s that they don’t want a data center in their backyard. A Gallup survey conducted in March found that 71% of Americans opposed the construction of a data center in their local area. Chief among their concerns: energy usage. Half of Americans surveyed by Pew Research…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Hello, this is Leonie Kidd, and this is my first edition of Morning Squawk. It’s always nice to start the week on a positive note, but the pop in futures after AI’s nightmare week comes with a note of caution. While some…
Decades before Siri or Alexa or ChatGPT, there was a real person, almost always a woman, at the center of the information world. She was so vital, most long-distance communication could not happen without her. She was the telephone switch operator, and at one time she was part of the single largest occupation for white,…