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‘AI Kill Switch’ bill needs to be passed this year, Rep. Lieu says
Rep. Ted Lieu, D-Calif., one of the authors of the "AI Kill Switch Act," said Thursday that the ongoing hacks by rogue artificial intelligence agents are adding urgency to getting the bill passed."We need to get this bill across the…
eBay continues to bet on live shopping after record quarter
As eBay tries to keep up with competitors like Whatnot and TikTok Shop, the online marketplace is making a bigger push into live shopping after seeing record results.
During its second-quarter earnings call on Wednesday, the company…
SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance
SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel, while a rise in ByteDance's value helped its Vision Fund division.The Japanese giant said net…
Get up to $400 off your TechCrunch Disrupt 2026 pass until Friday
Let’s cut to the chase: Starting today, you can take an additional $100 off of our current $300 discount for your founder, investor, or attendee TechCrunch Disrupt 2026 pass, which is a nice bonus on top of our current discounted…
SpaceX spent more on Tesla Megapacks in Q2 to power AI data centers
Tesla Megapack batteries during a tour of the Elkhorn Battery Energy Storage System in Moss Landing, California, U.S., on Monday, June 6, 2022. Nic Coury | Bloomberg | Getty ImagesSpaceX ramped up spending on energy products from CEO…
We’re adding to our position in a chipmaker as the AI trade regains its footing
Shortly after the opening bell, we will buy 100 shares of Intel at roughly $97.97. Following the trade, Jim Cramer's Charitable Trust will own 1,300 shares of INTC, increasing its weight in the portfolio to about 3.20% from 3%. After…
Indian EV startup River raises $120M Series C to scale production, launch more models
Indian electric vehicle startup River on Wednesday said it had raised $120 million to scale manufacturing for its next phase of growth.
The Series C round was led by Indian investors Elev8 Venture Partners and Claypond Capital, with…
SpaceX AI spending unnerves Wall Street despite promising quick payoff
The SpaceX headquarters is seen on Monday, Aug. 3, 2026 in Hawthorne, CA. Eric Thayer | Los Angeles Times | Getty ImagesAfter SpaceX spent way more on its AI buildout than analysts expected, executives tried to convince investors on…
Elon Musk repeatedly one-upped his execs on SpaceX’s first earnings call
Elon Musk spent SpaceX’s first earnings call making some out-of-this-world claims about the company’s business and future prospects, while his fellow executives kept trying to bring his ideas closer to Earth — providing a hint of what’s…
Palantir stock rises 30% on soaring commercial revenue, AI sovereignty
Palantir CEO Alex Karp speaks during an interview on July 27, 2026 in New York City.John Lamparski | Getty ImagesPalantir stock skyrocketed 30% on Tuesday after the company reported "otherworldly" second-quarter earnings driven by…
After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’
Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises.
The CEO, who famously studied philosophy and earned a PhD in social theory, implied in Palantir’s quarterly shareholder…
Anthropic, OpenAI among firms facing new EU AI Act enforcement powers
The European Union gained new powers to inspect AI models, restrict EU market access and fine model providers, raising the stakes for U.S. companies like Anthropic and OpenAI and Google.Under the powers that came into effect on Sunday,…
Jim Cramer says Wall Street’s latest trading trend is creating buying opportunities
CNBC's Jim Cramer on Monday said Wall Street's "basket trades" during the Iran war are distorting stock prices, urging investors to use the dislocations to their advantage. "The best thing? They create real opportunities, as the stocks…
AWS is helping vibe-coding startup Superblocks, and the implications are big
Vibe coding startup Superblocks announced a multi-year joint marketing agreement with Amazon Web Services (AWS) that enables its tool to be embedded within the private clouds of AWS customers.
That means an enterprise on AWS that…
5 things to know before the stock market opens Friday
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. Microsoft added nearly $450 billion to its market cap yesterday as the stock climbed 15% — its best day since 2008.Stock…
The global memory shortage hits the MacBook Air
The global memory chip shortage is affecting the availability of Apple’s most popular Mac, according to Bloomberg’s Mark Gurman.
Gurman said the shortage — caused by the demands of chip-hungry AI companies — had already affected…
New details in OpenAI Hugging Face hack show how far agents will go
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC.Anna Moneymaker | Getty ImagesOpenAI said the rogue models that breached Hugging Face's internal systems also used publicly…
U.S. lawmakers request information from DoorDash on use of Chinese AI
A DoorDash bag in the Brooklyn borough of New York, US, on Thursday, Jan. 15, 2026. Michael Nagle | Bloomberg | Getty ImagesU.S. lawmakers have requested information from food delivery company DoorDash on its use of Chinese artificial…