DOD CTO Emil Michael says the Trump administration shouldn't nationalize or take stakes in AI companies and signals opposition to regulatory oversight of them
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DOD CTO Emil Michael says the Trump administration shouldn't nationalize or take stakes in AI companies and signals opposition to regulatory oversight of them
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Prediction markets are expanding into mainstream media, via partnerships with Dow Jones, Substack, CNN, CNBC, Fox, and more, as they become information channels
The legal battle over whether prediction markets are a form of gambling has overshadowed something else entirely: They're already a new form of media.
The FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers over $20B since 2019 via hidden surcharges, with costs largely passed on to consumers
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BitGo agrees to buy NYDIG's institutional trading business and related assets, expanding BitGo's derivatives offerings; ~30 NYDIG employees are joining BitGo
The crypto infrastructure firm BitGo has agreed to buy the institutional trading business and related assets of NYDIG, CNBC has learned.
Samsung reports Q2 revenue up 130% YoY to ~$118.1B, below ~$118.9B est., and operating profit up 1,814% to ~$61.46B, above ~$60.68B est., on robust AI demand
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A look at Chinese lidar maker Hesai, blacklisted by the US DOD in 2024, as it expands in the US; Hesai says it has ~33% of the global automotive lidar market
Robots on the factory floor. Self-driving vehicles on the Las Vegas strip. Even a substitute for man's best friend — the robotic dog.LinkedIn:Scott Zamost.Forums:r/MVISLinkedIn:Scott Zamost:BLACKLIS...
Anthropic signs a 20-year, ~$19B lease to use a TeraWulf data center in Kentucky, set to have a ~400MW capacity and to start delivering power in H2 2027
WULF year to date — Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
An interview with Amazon SVP of Devices Panos Panay on designing custom chips for Echo and Fire TV devices, experimenting with AI-enabled gadgets, and more
Amazon is focusing on building chips for its “critical” consumer devices, the company's top hardware executive told CNBC.
Alex Karp calls US reliance on AI labs for military tech “effing insane”, pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies
Topline — Palantir CEO Alex Karp on Wednesday called the AI industry “effing insane” in a heated interview on CNBC …