OpenAI and Anthropic are making 10 times more revenue than all Chinese AI models combined, research group Rhodium says
International: Top News And Analysisby Evelyn Cheng·21d ago
BEIJING — China's artificial intelligence models may be enjoying rapid adoption but that isn't yet translating into revenue, raising questions about company valuations.
Trump gains a tariff weapon against China and India. Will he use it?
International: Top News And Analysisby Anniek Bao; Priyanka Salve·21d ago
President Donald Trump can now impose tariffs of up to 100% on countries purchasing oil from Russia, putting China and India squarely in the crosshairs. The U.S.
Billionaire Kraft says Ed Sheeran sought $2 million aid donation from him amid fracas over Macklemore's Palestine comments
International: Top News And Analysisby Jenny Lee·21d ago
Billionaire Robert Kraft said Ed Sheeran had asked him to commit $2 million for aid after musician Macklemore was dropped from Sheeran's tour after he made pro-Palestinian comments from the stage.
Treasury yields move lower after Fed kicks off hiking cycle
International: Top News And Analysisby Chloe Taylor·21d ago
Treasury yields edged lower on Thursday, after the U.S. Federal Reserve raised interest rates for the first time in three years.
CNBC Daily Open: Trump bemoans hostile acts
International: Top News And Analysisby Leonie Kidd·21d ago
Hello, this is Leonie Kidd coming to you from London. Welcome to another edition of CNBC's Daily Open. The word of the day — hostile.
The Fed is hiking again — and the rest of the world could feel the squeeze
International: Top News And Analysisby Lee Ying Shan·21d ago
The U.S. Federal Reserve is tightening monetary policy, and the effects are likely to be felt far beyond the American shores.
CNBC Daily Open: The Fed rate hikes might not be one-and-done
International: Top News And Analysisby Lim Hui Jie·21d ago
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open. The U.S.
Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
International: Top News And Analysisby Priyanka Salve·22d ago
Hello, this is Priyanka Salve, writing to you from Mumbai. Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing...
Snap tries to bring AR glasses to enterprise market, partnering with Nvidia, AWS and Salesforce
International: Top News And Analysisby Jonathan Vanian·22d ago
Snap is partnering with Nvidia, Amazon Web Services and Salesforce as part of an effort to bring its $2,000 Specs augmented reality glasses to the enterprise market.
Fed approves interest rate hike, signals one more to come this year
International: Top News And Analysisby Jeff Cox·22d ago
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another to come, as part of an effort aimed at combating inflation brought on by...
'Science fiction': Transport companies — the backbone of economy — are sounding alarm on fuel prices
International: Top News And Analysisby Alex Harring·22d ago
Transportation companies, the lifeblood of the U.S. economy, are flashing warning signs as diesel costs hit records.
Hyperscaler debt signals warning sign, Apollo cautions
International: Top News And Analysisby Tobias Burns·22d ago
Corporate debt issued by the giant cloud computing players powering the artificial intelligence boom is getting riskier, private equity firm Apollo Global Management warned on Wednesday.
Pentagon CTO says U.S. government shouldn't take stakes in tech giants, questions adding AI rules
International: Top News And Analysisby Kevin Breuninger·22d ago
The top Pentagon technology official said Wednesday the Trump administration shouldn't seek to nationalize or take partial government stakes in artificial intelligence companies.
Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'
International: Top News And Analysisby Elsa Ohlen·22d ago
The tech industry has been "tone deaf" in explaining AI and properly informing the public about real risks, Reddit co-founder Alexis Ohanian told CNBC on Wednesday.
OpenAI investors have approached the company about a new funding round
International: Top News And Analysisby Ashley Capoot·22d ago
OpenAI investors have approached the company with proposals to kickstart a new funding round, but no formal discussions are underway, multiple sources told CNBC.
Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision
International: Top News And Analysisby Oliver Renick·22d ago
The biggest trade in options on the Cboe VIX Index Tuesday was an unusual $6 million purchase of deep, deep in-the-money-puts that might be an unusual interest-rate play ahead of Wednesday's...
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
International: Top News And Analysisby Alex Harring·22d ago
Consumers are facing a double-whammy of jumping oil prices and Treasury yields amid the U.S. war with Iran that is leaving them increasingly cash-strapped.
Intel, SK Hynix shares jump on report they're discussing U.S. memory chip manufacturing
International: Top News And Analysisby Arjun Kharpal·22d ago
SK Hynix is in talks with Intel to manufacture its memory chips in the U.S. for the first time, Reuters reported Wednesday, sending shares of both companies higher in premarket trading.
Crypto exchange Binance takes on tradfi by courting rich investors to join its expanded wealth-management platform
International: Top News And Analysisby Jenny Lee·22d ago
Cryptocurrency exchange Binance is taking on the world of traditional finance as it seeks to increase its appeal to customers.
Ukraine's message to Asian nations: your chips are turning up in Russian missiles
International: Top News And Analysisby Anniek Bao·22d ago
SINGAPORE — Ukraine's sanctions envoy said Russia could be forced to retreat from the war within six months if its oil revenues are halved, as he pressed governments across Asia to shut down...
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