U.S., Iran hold separate mediator talks as Mideast oil exports hit war-time high
US Top News and Analysisby Anniek Bao·10d ago
U.S. and Iranian officials have reportedly held separate indirect talks with mediators on Monday, reviving efforts to end seven months of war as Tehran presses for a response to a revised ceasefire...
Luckin Coffee, flush with Persian Gulf cash, weighs entry into Middle East markets
US Top News and Analysisby Anniek Bao·10d ago
SINGAPORE — Luckin Coffee is once again weighing an entry into Persian Gulf markets after securing backing from Abu Dhabi's sovereign wealth fund Mubadala.
OpenAI abandons plan to release upcoming model as safety concerns escalate
US Top News and Analysisby Ashley Capoot·10d ago
OpenAI decided not to release an upcoming artificial intelligence model, GPT-6.1 Astra, after determining that it did not adequately meet the company's safety standards, CNBC confirmed on Monday.
CNBC's The China Connection newsletter: Spectacle-heavy Trump-Xi summit was more about domestic messaging
US Top News and Analysisby Evelyn Cheng·10d ago
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses.
AMD briefly joined the $1 trillion club. Cramer says its monster run isn’t over
US Top News and Analysisby Alexa LoMonaco·10d ago
CNBC's Jim Cramer said Monday that Advanced Micro Devices' remarkable run under CEO Lisa Su is far from over, with the rise of agentic AI opening another major growth opportunity for the chipmaker.
Khanna to introduce AI safety bill with ban on 'recursive' technology until safeguards exist
US Top News and Analysisby Garrett Downs·10d ago
Silicon Valley Democratic Rep. Ro Khanna will introduce a bill to regulate artificial intelligence, which includes strict liability standards and a ban on "recursive" self-improving AI until the...
Michael Burry believes the AI bubble 'may burst' sooner than he first believed
US Top News and Analysisby Tobias Burns·10d ago
Michael Burry is moving up the timeline for his bearish thesis on the fate of the artificial intelligence boom. The investor, famous for his big short on the U.S.
AMD acquiring Fei-Fei Li's World Labs AI firm in deal worth $8.2 billion
US Top News and Analysisby Kif Leswing·10d ago
AMD announced on Monday that it has entered into an agreement to acquire World Labs, a San Francisco-based AI lab developing a kind of model called a world model, which can be used to simulate 3D...
Boeing 737 Max 10 certification delayed by software issue, FAA says
US Top News and Analysisby Leslie Josephs·10d ago
The head of the Federal Aviation Administration said a software problem will delay its certification of the Boeing 737 Max 10 as the agency assesses whether it poses a safety issue, a potential...
LeBron James is already boosting ticket and merchandise demand for Philadelphia 76ers
US Top News and Analysisby Jessica Golden; Alex Sherman·10d ago
The NBA season hasn't even started and the Philadelphia 76ers' signing of LeBron James is already paying off. The 76ers will help open the NBA regular season on Oct.
Supreme Court Justice Alito will not participate in big climate change case next week
US Top News and Analysisby Dan Mangan·10d ago
Supreme Court Justice Samuel Alito, in a surprising reversal, has recused himself from participating in a major climate-change case the Supreme Court is set to hear next week, which involves the...
OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia's $13 billion deal
US Top News and Analysisby Kate Rooney·10d ago
Before Nvidia agreed to pay roughly $13 billion to buy open-source platform Hugging Face this month, OpenAI tried to invest $100 million into the startup, according to sources with knowledge of the...
Feds can't withhold counterterrorism funds from states to force election admin changes, judge rules
US Top News and Analysisby Dan Mangan·10d ago
A federal judge on Monday vacated a Trump administration rule that would hold back a portion of counterterrorism funds to states unless states and certain municipalities made certain changes to how...
Anthropic launches cheaper AI model, its second release since CEO's call for a slowdown
US Top News and Analysisby Ashley Capoot·10d ago
Anthropic on Monday released a new artificial intelligence model called Sonnet 5.5, the company's second launch since CEO Dario Amodei called to slow down the pace of development.
Nearly half the stocks in the S&P 500 are at cross purposes with the rest of the market
US Top News and Analysisby Deena Zaidi; Nick Wells; Nicholas Wells·10d ago
Nearly half of the stocks in the S&P 500 are moving against the index with a negative beta, an unusual divergence that is becoming increasingly difficult to ignore.
A key test looms for the AI trade this week. Here's how Mike Khouw is trading it
US Top News and Analysisby Michael Khouw·10d ago
The AI infrastructure buildout has been compared to the railroads in scale and scope. There are certainly similarities.
Senate tees up college sports bill aimed at regulating NIL deals
US Top News and Analysisby Justin Papp·10d ago
The Senate on Monday is slated to vote to create a national framework for name, image and likeness deals in college sports as one of its last acts before the chamber gears up to leave town later...
Trump to announce plan for $15 billion steel plant, would be largest in U.S. history
US Top News and Analysisby Kevin Breuninger·10d ago
President Donald Trump on Monday will announce a steel-making company's plan to invest about $15 billion to build what would be the largest plant of its kind in U.S.
New grads say employers set the bar too high for entry-level roles: 'No job is willing to give you that first experience'
US Top News and Analysisby Jennifer Liu·10d ago
Rachel Grandis has no shortage of work experience. Over the last five years, she's worked as a content creator for her school's athletic department, managed the business school's social media...
Nvidia share buyback plan gets $150 billion boost
US Top News and Analysisby Kai Nicol-Schwarz·10d ago
Nvidia said Monday it has authorized an additional $150 billion to its share buyback program, taking its total to $235 billion, amid record spending on AI.
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