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Last updated: 22.08.2026 13:10:19

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This bank CEO let his AI clone handle an earnings call — now he's signing an OpenAI deal

It's part of Customers Bank CEO Sam Sidhu's effort to get ahead in the industry's race to transform itself using AI agents as a new digital workforce

Spotify teams up with Peloton to launch global fitness content hub

Spotify teams with Peloton to launch fitness content, potentially opening new revenue streams while expanding Peloton’s global reach.

WHCD shooting, DOJ ends Powell probe, Musk vs. Altman and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

From car and phone to tractor owners, a populist wave is rising to end the 'captive' repair economy

"Right to repair" legislation is an issue that political candidates across the U.S. have made part of their affordability messaging.

AI talent war: Software industry is a new target as top executives jump ship to OpenAI

Software giants are seeing their worst stock performance in years on fears of AI disruption. Now they have a new problem.

Wall Street is getting bullish on neoclouds. These stocks hold more risk than other AI plays

Neoclouds emerged as stopgaps to address the GPU shortage, but their economics are fragile, McKinsey has warned.

We tried out xAI's Grok chatbot while driving a Tesla in NYC. Here's what happened.

CNBC takes a ride with a Tesla Model Y owner in New York City to see how he uses Grok and how it integrates into Tesla's Full Self-Driving (Supervised).

Cramer's week ahead: Record highs meet a pivotal week for tech earnings

Jim Cramer said this market has become a "beast". His gameplan highlights a packed slate of tech earnings which will determine whether the surge can continue.

Amazon custom chips get a boost from Meta, giving the cloud giant another path to win in AI

Amazon hits a record high after its new Meta deal highlights how AWS is gaining traction in AI through both cloud capacity and its custom chips.

How a new Amazon-backed Hollywood production startup deploys AI for speed and cost-cutting

A new AI-powered hybrid Hollywood startup backed by AWS is betting that cutting-edge production tech can cut costs, speed up filming and bring jobs back to LA.

20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here

Meta said it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history.

Musk v. Altman heads to court next week. Here's what's at stake

The high-profile trial between Elon Musk and Sam Altman is scheduled to begin Monday with jury selection.

Google to invest up to $40 billion in Anthropic as search giant spreads its AI bets

Anthropic said its latest agreement with Google expands on a longstanding partnership between the two companies.

Intel's stock soars more than 20% as chipmaker shows signs of a turnaround

Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in AI.

We're booking a 375% gain in a stock to raise cash for unloved names

The massive run in chip stocks is giving us an opportunity to lock in huge gains.

AMD shares soar 12% on no company news. Here's what has investors so excited

Intel's strong quarter is driving sharp gains in another chipmaker.

Meta will adopt hundreds of thousands of AWS Graviton chips in latest AI infrastructure grab

The Amazon deal comes weeks after Meta made $48 billion in AI commitments with CoreWeave and Nebius.

Israel-Lebanon ceasefire, Microsoft's first-ever buyouts, Starbucks' loyalty program and more in Morning Squawk