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OpenAI trial: Mother of Musk's children says he offered Altman a Tesla board seat
Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.
How startup Propy is deploying $100 million to put real estate deals on the blockchain
Propy, a Miami-based blockchain technology company that launched in 2017, has been trying to modernize the closing process for residential homes.
AMD's big day, Anthropic-SpaceX deal, the jet fuel crisis and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
EU weighs restricting use of U.S. cloud platforms to process sensitive government data, sources tell CNBC
There have been increasing calls within Europe for the region's most critical workloads to diversify away from dominant U.S. cloud providers.
SoftBank shares surge over 16% as Japan tech-fueled rally lifts Nikkei 225 to record highs
The benchmark Nikkei 225 surged over 5% to a record high as Japan reopened after extended Golden Week holidays.
Arm's quarter shows how it's carving a lucrative path in the crowded CPU resurgence
This central processing unit renaissance was confirmed when Intel reported earnings two weeks ago. AMD and now Arm told similar stories.
Jim Cramer says Big Tech cannot afford to be cheap on AI spending
Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC's Jim Cramer argued Wednesday.
Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'
At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.
Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.
DoorDash pops 12% on strong earnings, upbeat order growth guidance
DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.
Anthropic, SpaceX announce compute deal that includes space development
Anthropic said it's forged a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee.
AMD's Su explains what's behind massive forecast change as stock roars 15% on earnings
CEO Lisa Su highlighted the growing demand for central processing units, doubling her long-term forecast after strong first-quarter earnings.
This AI stock was left for dead. Now traders are betting big on a comeback
Options volumes skew bullish in the stock.
Uber pops 8% as company issues higher-than-expected bookings guidance
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
Nvidia to invest up to $3.2 billion in Corning as part of massive optical fiber deal with 3 new factories focused on AI
Corning is opening three new advanced manufacturing plants in the U.S. dedicated entirely to optical technologies for Nvidia.
Jim Cramer warns this stock may have run up too much ahead of earnings
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Peace hopes, Disney earnings, dismantling Spirit Airlines and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Apple's R&D investments top 10% of sales as AI race creates 'sense of urgency'
Apple’s R&D spending has crossed 10% of revenue for the first time in at least 30 years, and increased twice as fast as sales in the latest quarter.
In the global AI race, a sanctioned Chinese firm says cheaper models can still win
As China’s AI competition intensifies, SenseTime is shifting toward multimodal AI, lower-cost models and overseas expansion to remain competitive, co-founder Lin Dahua said.
Samsung crossses $1 trillion valuation as AI frenzy drives historic rally, lifting shares over 15%
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
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