TECHNOLOGY

AI’s costly buildout complicates the Fed’s inflation fight

AI’s costly buildout complicates the Fed’s inflation fight

AI’s costly buildout complicates the Fed’s inflation fight

shyam_rawat@yahoo.com August 12, 2026

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses...

Coreweave surges 18% in premarket after a ‘cleaner quarter’. Here’s what’s happening

Coreweave surges 18% in premarket after a ‘cleaner quarter’. Here’s what’s happening

shyam_rawat@yahoo.com August 12, 2026

Michael Intrator, co-founder and CEO of CoreWeave, speaks during an interview with CNBC on the floor at...

World’s largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time

World’s largest sovereign wealth fund posts record 4 billion profit as it reveals SpaceX stake for the first time

World’s largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time

shyam_rawat@yahoo.com August 12, 2026

Nicolai Tangen, CEO of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Jan....

Google’s new AI boss inherits a race to catch OpenAI and Anthropic

Google’s new AI boss inherits a race to catch OpenAI and Anthropic

Google’s new AI boss inherits a race to catch OpenAI and Anthropic

shyam_rawat@yahoo.com August 12, 2026

Gemini AI signage during the Google I/O Developers Conference in Mountain View, California, US, on Tuesday, May...

CoreWeave stock pops 11% as revenue doubles on accelerating AI infrastructure demand

CoreWeave stock pops 11% as revenue doubles on accelerating AI infrastructure demand

CoreWeave stock pops 11% as revenue doubles on accelerating AI infrastructure demand

shyam_rawat@yahoo.com August 12, 2026

CoreWeave CEO Michael Intrator participates in a Bloomberg Television interview during the World Economic Forum in Davos,...

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure

shyam_rawat@yahoo.com August 11, 2026

Cheng Xin | Getty Images News | Getty Images Bitcoin miner Riot Platform has struck a $9...

Longtime OpenAI executive Brad Lightcap leaves as shakeup at AI lab continues

Longtime OpenAI executive Brad Lightcap leaves as shakeup at AI lab continues

Longtime OpenAI executive Brad Lightcap leaves as shakeup at AI lab continues

shyam_rawat@yahoo.com August 11, 2026

Brad Lightcap, Chief Operating Officer at OpenAI, attends a conference at the Cannes Lions International Festival of...

Behind Zuckerberg’s essay on the future of AI and what he calls the “most dangerous” scenario

Behind Zuckerberg’s essay on the future of AI and what he calls the “most dangerous” scenario

Behind Zuckerberg’s essay on the future of AI and what he calls the “most dangerous” scenario

shyam_rawat@yahoo.com August 11, 2026

Despite concerns about AI, Meta CEO Mark Zuckerberg has an optimistic vision for its future, which he...

Nvidia unveils first open-source AI model since CEO Jensen Huang entered the chat

Nvidia unveils first open-source AI model since CEO Jensen Huang entered the chat

Nvidia unveils first open-source AI model since CEO Jensen Huang entered the chat

shyam_rawat@yahoo.com August 11, 2026

Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a BlueField-4 STX Storage tray, from...

Nvidia’s ‘investible asset,’ U.S. oil reserve shrinks, Trump’s vaccine order and more in Morning Squawk

Nvidia’s ‘investible asset,’ U.S. oil reserve shrinks, Trump’s vaccine order and more in Morning Squawk

Nvidia’s ‘investible asset,’ U.S. oil reserve shrinks, Trump’s vaccine order and more in Morning Squawk

shyam_rawat@yahoo.com August 11, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. If you’re...