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Meta to open source its most powerful AI model as it takes swipe at OpenAI, Anthropic
Meta launched Muse Glimmer and plans to release Muse Spark 1.2 weights as Zuckerberg pushes for U.S. leadership in open AI.
Iran negotiations, Berkshire's stock purchases, Shein's tariff troubles and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Australian rare earth miner surges after U.S. Department of War investment
The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China’s critical-minerals dominance.
Myspace eyes comeback as an an 'antidote' to social media fatigue — but it may be a long shot
"Excitement about Myspace's relaunch reflects nostalgia for a more analog time, when algorithms were less dominant in our lives," an analyst told CNBC.
Verizon mobile service down for thousands of customers in the U.S., Downdetector shows
Verizon recommended that customers who are still impacted by the outage restart their devices. The company did not provide a reason for the outage.
Hugging Face hack marks start of dangerous AI cyber era and many firms 'don't even know it'
The Black Hat cybersecurity conference in Las Vegas couldn't have come at a better time, with AI agent hacks stacking up from Anthropic, Meta and OpenAI.
‘SaaSpocalypse’ debate intensifies as software stocks swing wildly
This week saw massive moves in both directions for software stocks, as investors try to figure out which names are best insulated from artificial intelligence.
The unwind of Situational Awareness isn't the only reason the AI trade is back
The hedge fund's forced selling was a clearing event, but earnings are sustaining the AI trade
Whatnot valued at $20 billion as live shopping continues to boom
Whatnot, the live commerce platform, has increased its valuation to $20 billion as the popularity of live shopping continues to grow.
Crypto’s infrastructure era arrives, with AI agents poised to reshape demand
Crypto companies are trying to build a second growth engine by turning agents into the next wave of users.
July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
China is gaining ground in AI. But the U.S. still has a major advantage
Chinese AI companies have made recent leaps in closing the performance gap with U.S. frontier labs.
SK Hynix to invest $38 billion building new memory chip plants as demand soars
Memory prices have surged because of short supply and huge demand with investors watching closely for any changes to the supply-demand imbalance.
Meta ordered to pay $567 million into abatement fund as remedy to child harms case in New Mexico
A judge in New Mexico ordered Meta to pay $567 million into an abatement fund after a jury ruled the company violated the state’s unfair practices act.
Grindr's AI spend is paying off and its pricey new tier has had some surprises, CEO says
Grindr says AI is boosting engineering productivity, supporting a new $350-per-month premium tier and driving stronger subscriber growth and retention.
Jim Cramer highlights 5 investing themes — and the stocks to buy for each
CNBC’s Jim Cramer said earnings season reinforced five investing themes he thinks will produce the market's best buying opportunities.
GAO finds Elon Musk's DOGE inflated claims of $110 billion in savings for federal government
The nonpartisan watchdog found Elon Musk's DOGE didn't cut as much federal spending as it claimed and that it fell far short of its promised $2 trillion.
Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
Airbnb said it's seeing strong demand "across all regions," contributing to the company's better-than-expected forecast.
AMD buys chip startup that hardwires AI models into its silicon
Taalas' current chip runs a small version of Meta's Llama 3.1, though the company is working on chips for bigger and more advanced models.
Airbnb stock soars 12% on earnings and revenue beat, strong guidance for third quarter
Airbnb said it's seeing strong demand "across all regions", contributing to the company's better-than-expected forecast.
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