Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market
As OpenAI turns 10, the former nonprofit AI lab is at the center of a roughly $1.4 trillion bet on AI infrastructure.
Trump scared Europe with his national security strategy. That's no bad thing, ex-CIA chief says
Former CIA Director General Petraeus told CNBC it was good that European nations had received a wake-up call to look after their future defense and security.
Trump signs executive order for single national AI regulation standard, limiting power of states
President Trump's executive order, which limits the power of states in regulating AI, is a win for big tech companies that have lobbied for a federal standard.
CNBC's Inside India newsletter: India's $3.3 trillion opportunity for global fund houses
Indian retail investor-driven mutual fund assets are expected to touch $3.3 trillion by 2035, according to a Bain & Company report.
Lululemon CEO Calvin McDonald to depart in January as retailer struggles to compete, woo shoppers
Lululemon's CEO Calvin McDonald will leave the athleisure retailer at the end of January as sales in its largest market sag and consumers flee to competitors.
Reddit challenges Australia’s under-16 social media ban in High Court filing, says law curbs political speech
Reddit filed a legal challenge seeking to either declare the law invalid, or exclude the platform from the provisions of the law
Oracle's lease commitments jump by almost 150% as company builds out to meet AI demand
Oracle's lease commitments now total $248 billion, with $10 billion tied to cloud capacity.
Thailand dissolves parliament, heightening political turmoil as Trump seeks to salvage ceasefire with Cambodia
The escalation broke the ceasefire brokered in July by Trump who threatened to halt trade talks with the two countries unless they ended the fight.
Walton family fortune: How America's richest family manages their wealth
America's richest family uses a model pioneered by the Rockefellers to manage their wealth.
Trump administration's new quarters feature pilgrims, ditching civil rights theme
Special quarter-dollar coin designs for the U.S.' 250th birthday feature pilgrims and former presidents rather than previously floated civil rights themes.
Jim Cramer examines 'stalled' stocks Apple, Meta and Tesla
CNBC's Jim Cramer on Thursday explained why he thinks high-flying tech stocks Apple, Meta and Tesla aren't seeing huge gains.
Oracle shares tank 11%, dragging down Nvidia, CoreWeave, Micron
Investors have questioned Oracle's AI infrastructure plans and colossal amount of debt.
Costco's quarterly beat isn't enough to knock out the bears — here's what could
The quarter looked pretty down the fairway, with beats across key line items — the membership renewal rate.
Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call
Investors were apparently not satisfied with Broadcom CEO Hock Tan's answer to an important question.
Why single-income households are 'a bygone era,' according to experts
In two-parent households, both spouses are more likely to work outside the home, by choice and necessity.
Asia-Pacific markets trade higher after Wall Street notches fresh record
Asia-Pacific markets traded higher on Friday, tracking Wall Street gains.
Indiana redistricting bill that Trump demanded defeated in state Senate
President Trump and the GOP mounted an immense pressure campaign in Indiana as they try to make the congressional map more favorable before the 2026 midterms.
Trump willing to seize more oil tankers off Venezuela coast, White House official says
The Trump administration has launched a major military buildup in the Caribbean as it escalates pressure on President Nicolás Maduro.
Costco tops Wall Street's sales and revenue expectations
Costco on Thursday surpassed Wall Street's quarterly expectations as its sales rose 8.2% year over year.
Fed votes to reappoint all of its regional bank presidents
The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at in a move that came a bit earlier than usual.
House passes INVEST Act to ease investment standards and boost capital in markets
"We make it easier to be a public company in America," House Financial Services Chairman French Hill, an Arkansas Republican, said during debate on the bill.
The case for more Fed rate cuts could rest on a 'systematic overcount' of jobs numbers
There are indications that policymakers will be more inclined to cut further if the labor market stays weak.
Musk says SpaceX report of 2026 IPO is 'accurate'
Elon Musk ally Jared Isaacman looks set to be confirmed as the new NASA administrator after President Donald Trump renominated him for the role.
Palantir sues former employees, says Percepta AI CEO set out to 'pillage' top developers
Palantir accused three former employees of violating non-solicitation agreements, and said they're competing with the company by hiring top developers.