News from the economy, politics and the financial markets
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Meta commits to spending additional $21 billion with CoreWeave as AI costs keep rising
Meta's additional spending commitments with CoreWeave will be deployed from 2027 to 2032.
Amazon CEO Jassy defends $200 billion AI spend: "We're not going to be conservative"
Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.
Google expands partnership with Intel for AI chips
Google has committed to using multiple generations of Intel chips to power its AI data centers, in an expansion of an existing partnership.
Iran says U.S. breached ceasefire, Anthropic's court loss, rate cut odds and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
OpenAI halts UK stargate project amid regulatory and energy price concerns
The major AI infrastructure was announced in September in partnership was with Nvidia and Nscale.
Anthropic loses appeals court bid to temporarily block Pentagon blacklisting
A federal appeals on denied Anthropic's request for a stay in its lawsuit against the Department of Defense.
OpenAI will allocate IPO shares to retail investors as it preps for debut, CFO says
CRO Denise Dresser said enterprise is now 40% of the company's revenue and is set to equal consumer by the end of 2026.
Meta debuts new AI model, attempting to catch Google, OpenAI after spending billions
Meta debuted its first major large language model, Muse Spark, spearheaded by chief AI officer Alexandr Wang, who leads Meta Superintelligence Labs.
Latest investigation of Bitcoin founder ties identity to Blockstream CEO Adam Back
A report by the New York Times claims it has discovered the identity of the pseudonymous creator of Bitcoin known as Satoshi Nakamoto.
Microsoft developer tools executive Julia Liuson is retiring after 34 years
When GitHub head Thomas Dohmke left last year, three top GitHub executives started reporting to her.
Alphabet, Meta, Amazon, Nvidia lead tech rally after Trump announces ceasefire with Iran
President Donald Trump's Iran ceasefire announcement provided some relief to Wall Street and tech stocks shared in the rally.
Anthropic gives our cyber stocks and other big tech names an AI stamp of approval
Unlike past Anthropic announcements that resulted in cyber and tech selling, this one was a breath of fresh air.
Alibaba launches data center with 10,000 of its own chips as China ramps up AI push
Alibaba and China Telecom launched a data center in China designed for AI training and inferencing.
AI's next bottleneck: Why even the best chips made in the U.S. take a round trip to Taiwan
Nvidia has reserved the majority of TSMC’s most advanced packaging capacity. The lesser-known chipmaking step may become the next bottleneck for AI.
Iran ceasefire, Delta earnings, the Navy's retail woes and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Countries around the world are considering teen social media bans – why experts warn it’s a ‘lazy’ fix
"I think the argument for a ban is an admission of failure that we cannot regulate companies, so we can only restrict children," one expert told CNBC.
Asian tech stocks surge as U.S.-Iran cease fire ease Hormuz disruption worries
Shares of Asian tech and semiconductor comoanies surged on the news that the U.S. and Iran agreed to a conditional two-week ceasefire.
Google CEO Sundar Pichai says 'AI shift' opens opportunities to invest in startups
Alphabet is in investor in some of the highest-valued private companies, including SpaceX, Anthropic and Stripe.
Elon Musk seeks ouster of OpenAI CEO Sam Altman as part of lawsuit
Elon Musk is seeking to have OpenAI CEO Sam Altman and President Greg Brockman removed from their roles as officers in the company as part of a lawsuit.
Anthropic limits Mythos AI rollout over fears hackers could use model for cyberattacks
Microsoft, Amazon, Apple, CrowdStrike, Palo Alto Networks and others will use the model as part of a new cybersecurity initiative called Project Glasswing.
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