From Macron to Modi, governments are rolling out the red carpet for AI giants
Countries are scrambling not to fall behind in AI — and French President Emmanuel Macron and Indian Prime…
Meta stock pops on cloud push to sell excess AI compute power capacity
Shares of Meta popped 10% on Wednesday following news that the company is building out a new cloud…
Mag 7 value shrinks by $2.3 trillion amid AI spending jitters
Jakub Porzycki | Nurphoto | Getty Images Around $2.3 trillion has been wiped off the value of the…
Alphabet burnishes one of its best weapons in the battle for AI supremacy
Alphabet has squashed concerns that artificial intelligence will destroy its Google tech empire. One of its biggest weapons…
China’s Zhipu is booming with Anthropic and OpenAI held back
Zhipu‘s GLM 5.2 artificial intelligence model landed last week with the kind of Silicon Valley buzz that followed…
Oracle stock ends worst week since 2001 as investors dwell on finances
Oracle CEO Clay Magouyrk, right, speaks on a media tour of the Stargate data center in Abilene, Texas,…
OpenAI, Anthropic new AI spending reality as users shift to efficiency
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam…
Inside Anthropic’s race to secure international AI data centers
Anthropic is racing to increase its AI compute capacity in the Asia-Pacific region, as the company scrambles to…
CNBC Daily Open: U.S. waives Iran sanctions; rotation out of megacaps
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman.…
Alphabet paces for worst day in a year after AI talent exits
Google is on pace for its worst day on the stock market in a year, as artificial intelligence…