Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI’s nascent ads business has surpassed $100 million in annual recurring revenue less than two months after launching its pilot in the U.S., according to a spokesperson. The artificial intelligence startup said in January that…
CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images A federal judge in San Francisco granted Anthropic’s request for a preliminary injunction in its lawsuit against the Trump…
A modified Tesla Model X drives in the tunnel entrance before an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters When Elon Musk’s Boring Company announced plans in July to build 20 miles of tunnels in Nashville to carry passengers to and from downtown…
The slump in Meta Platforms — exacerbated by two social media court defeats this week — could be setting up as a buying opportunity. Meta shares sank more than 8% on Thursday after a Los Angeles jury late Wednesday found the company (and Google’s YouTube) negligent in the case of a woman who alleged she…
Apple is widening its push to expand manufacturing in the United States, adding several new partners, including Qnity Electronics , to the mix. It is a win-win for both Club companies and their investors. Apple on Thursday announced that chip-materials maker Qnity — along with Face ID component supplier Cirrus Logic , and sensor makers…
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is boosting its spending commitment on a forthcoming AI data center in West Texas by more than sixfold to $10 billion, with an aim…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With their perky ears and pointy teeth, I thought no collectible could have a more unique appearance than Labubus. But after reading about the “Mystery Dumpling,” I stand corrected. Stock futures are dropping this morning after a positive day. Here…
U.S. President Donald Trump and Apple CEO Tim Cook shake hands on the day they present Apple’s announcement of a $100 billion investment in U.S. manufacturing, in the Oval Office at the White House in Washington, D.C., U.S., August 6, 2025. Jonathan Ernst | Reuters Apple announced a significant expansion of its American Manufacturing Program…
Two major CEOs told CNBC in recent months that the rise of artificial intelligence contributed to their decisions to hand over the reins and step down from their positions. It’s one of the latest insights into how America’s corporate leaders are sizing up the AI transition. Coca-Cola CEO James Quincey told CNBC’s “Squawk Box” on…
Meta CEO and Chairman Mark Zuckerberg arrives at Los Angeles Superior Court ahead of the social media trial tasked to determine whether social media giants deliberately designed their platforms to be addictive to children, in Los Angeles, on Feb. 18, 2026. Frederic J. Brown | AFP | Getty Images Meta suffered stinging rebukes in two…
