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Tag Archives: CNBC
Paramount’s hostile Warner Bros. bid, Meta’s AI course correction, McDonald’s value crackdown and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
SF mayor’s downtown revival project has reeled in $60 million from Google, OpenAI and others
San Francisco’s Downtown Development Corporation has received $60 million in early commitments, up from $40 million at its launch in April.
Nvidia can sell the more advanced H200 AI chip to China — but will Beijing want them?
Nvidia received the green light from the U.S. to sell its advanced H200 chip to China. But there are questions over whether Beijing will allow this to happen.
From Llamas to Avocados: Meta’s shifting AI strategy is causing internal confusion
Meta’s push to develop its next frontier model, codenamed Avocado, under new AI leadership is creating internal friction as it races rivals OpenAI and Google.
AI’s potential excites executives and investors, but general public remains skeptical, survey says
Three years after the launch of ChatGPT, corporate executives and the general public have widely divergent views on the potential of artificial intelligence.
House Democrats establish AI working group as industry bolsters DC presence
House lawmakers see the commission as a starting point for working with industry on AI policies, issues.
U.S. uncovers scheme to reroute Nvidia GPUs worth $160 million to China despite export bans
Authorities have shut down yet another China-linked smuggling network for Nvidia’s AI chips, according to a release from a U.S. Attorneys office.
Google hit with EU antitrust investigation over use of online content for AI
It’s the latest in a string of actions the European Commission has taken against U.S. big tech companies.
CNBC Daily Open: The Warner Bros. Discovery deal — a cliffhanger in the making?
Even as Paramount and Warner Bros saw shares soar, the broader market declined as investors awaited the Fed’s rate-setting meeting on Wednesday.
Saudi Arabia eyes data embassies amid sovereign AI push. Here’s what we know so far
Only two data embassies currently exist, but Saudi Arabia is looking to make them commonplace.