Source: OpenAI and White House are discussing a government stake in the company, to seed something like the “Public Wealth Fund” that OpenAI outlined earlier
OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday.
Q&A with Sam Altman on OpenAI's Stargate data center project in Saline, Michigan, coding models as the biggest AI demand driver, falling token prices, and more
Following is the unofficial transcript of a CNBC exclusive interview with OpenAI CEO Sam Altman on CNBC's “Power Lunch” (M-F, 2PM-3PM ET) today, Monday, June 1.
AWS launches Nova Forge, a $100,000/year service allowing clients to customize Amazon's AI models at various stages of training and refine open-weight models
Jordan Novet / CNBC :
Amazon's Zoox says users in San Francisco can now sign up for its Zoox Explorers program to take free rides in its robotaxis in select neighborhoods
Annie Palmer / CNBC :
Apple and Formula One announce a five-year US media rights deal for all races, starting in 2026; sources: Apple is paying ~$140M/year, up from ESPN's ~$85M/year
and no one saw it coming BBC : Apple wins US F1 TV rights in $750m deal Wendy Lee / Los Angeles Times : F1 races to air exclusively on Apple TV next year Timi Cantisano / Android Police : YouTube TV v...
At a White House event, Apple commits to spending another $100B on US manufacturing and aims to bring more of its supply chain to the US to avoid iPhone tariffs
Made In USA iPhone Still Off The Table Snaggy / The Joy of Tech : The Joy of Tech comic... Tim and Trump! MarketWatch : Dow Jones Top Markets Headlines at 11 PM ET: U.S. Trading Partners Race to Secur...
Goldman Sachs and BNY partner to let institutional investors purchase tokenized money market funds, with ownership recorded on Goldman's blockchain platform
Hugh Son / CNBC :
OpenAI says it will use the Google Cloud Platform for ChatGPT and its API, adding Google to a list of suppliers that includes Microsoft, CoreWeave, and Oracle
Jordan Novet / CNBC :
Nvidia plans to build its first industrial AI cloud platform in Germany for European manufacturers, combining AI with robotics to assist carmakers like BMW
but warns Europe risks falling behind Mercury News : Nvidia CEO sees tenfold boost to Europe's AI computing power Mona Guichard / Tech Xplore : Nvidia marks Paris tech fair with Europe AI push Taipei ...
Amazon is creating an AI team within its Lab126 hardware R&D unit that will help develop an agentic AI framework for use in its robotics operations
Annie Palmer / CNBC :