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Amazon's switch to robots over human warehouse employees will save it up to $4 billion a year, Morgan Stanley says
"The market is under-appreciating AMZN's GenAI advances in its Retail business with robotics-driven efficiencies," analyst Brian Nowak said.
Country music star Martina McBride's warning on 'terrifying' AI deepfake scam threat to artists and fans
Artificial intelligence-generated deepfakes are threatening the livelihoods of musicians and creating scams that harm fans.
Airbnb CEO Chesky says ChatGPT isn't 'quite robust enough' to integrate into travel app
Airbnb CEO Brian Chesky wants to integrate ChatGPT software into the travel platform, but the software isn't "quite robust enough."
Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption
Volkswagen on Wednesday warned of temporary production outages citing China's export restrictions on semiconductors made by Nexperia.
Netflix earnings, Anthropic's 'woke' problem, Travis Kelce's Six Flags stake and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
AI is already taking white-collar jobs. Economists warn there's 'much more in the tank'
Across banking, the auto sector and retail, executives are warning employees and investors that AI is taking over jobs.
Baidu's Apollo Go plans to launch taxis with no steering wheels in Switzerland as the race for robotaxis in Europe heats up
Baidu's Apollo Go robotaxi unit plans to begin tests in Switzerland this year, with the aim of launching a public-facing service by the first quarter of 2027.
Hundreds of public figures, including Apple co-founder Steve Wozniak and Virgin's Richard Branson urge AI ‘superintelligence’ ban
A group of prominent figures, including artificial intelligence heavyweights, has lead a call to end efforts to create ‘superintelligence.'
CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy
Even as the streaming giant's earnings stumbled during that period, Netflix is still showing other media companies how it's done.
Fund managers say an AI bubble is now the biggest risk to their portfolios — but it's not enough to stop them betting on stocks
Major institutions and influential figures are increasingly issuing warnings about soaring valuations.
Netflix ‘all in’ on leveraging AI as the tech creeps into entertainment industry
Netflix is “all in” on leveraging generative artificial intelligence on its streaming platform, the company said.
Samsung and Google attempt to one-up Apple with AI-powered headset
Samsung and Google see the Galaxy XR as a stepping stone to AI glasses they plan to launch in the future.
CNBC Daily Open: Netflix shows how it's done despite earnings miss
Even as the streaming giant's earnings stumbled during that period, Netflix is still showing other media companies how it's done.
Meta partners with Blue Owl Capital on $27 billion AI data center project
Meta on Tuesday said it formed a $27-billion joint venture agreement with Blue Owl Capital to fund and develop the Hyperion data center in rural Louisiana.
CNBC exclusive: First look at Shield AI's new AI-piloted military fighter drone
Shield AI has developed X-Bat, an unmanned, AI-piloted fighter jet with vertical takeoff and landing capabilities.
Are we in an AI bubble? Here's what analysts and experts are saying
The euphoria is drawing comparisons to the dotcom bubble of the late 1990s and the 2008 financial crisis.
Microsoft CEO Satya Nadella's annual pay jumps to $96.5 million
Microsoft CEO Satya Nadella is getting a major bump in his compensation, thanks to a steep rally in the company's stock price.
Take Back Tesla campaign urges shareholders to reject Musk $1 trillion pay plan
Ahead of Tesla's earnings report on Wednesday, a group of unions and corporate watchdogs launched a website in opposition to Elon Musk's new pay plan.
OpenAI unveils ChatGPT Atlas browser, sending Alphabet shares lower
The launch of Atlas puts OpenAI in direct competition with rivals like Google and Perplexity AI.
DraftKings acquires predictions platform Railbird
The sports betting giant is preparing to launch a new platform in the coming months called DraftKings Predictions.
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