Author: Editor-In-Chief

Construction workers build a new data center in Stone Ridge, Virginia, on August 12, 2026. Brendan Smialowski AFP | Getty ImagesThe expansion of AI data centers is expected to support job and future job creation, but these facilities may create far fewer permanent roles than industry suggests, according to economic think tank data.Mr Verdant said on Wednesday that the UK government and industry leaders had given the green light for the construction of new data centres, using figures from widely cited technology industry body techUK. It added that these figures overstate the number of new permanent jobs these sites will…

One human researcher has resigned over concerns that unrestrained development of self-improving AI models will eventually kill us all. In a social media post Tuesday night, researcher Jacob Coxon said he had been working on pre-training research with both OpenAI and Anthropic for the past three years, and accused both companies of failing to act responsibly. He said those competing to build this technology “seriously believe it could kill us all by the end of the decade.” “They are in a straight race towards self-improving superintelligence and are gambling with our lives,” Coxon wrote in a thread about X. Coxon…

Here are some companies that are making headlines in intraday trading. Stryker – The medical device maker fell more than 7% after management said Stryker’s peripheral vascular business is suffering from supply constraints and is expected to experience headwinds in the third and fourth quarters of this year. Amgen – The biotech stock fell almost 10%. Rival Novartis’ cholesterol drug peracalcen fell short in a closely watched study. That lowered traders’ expectations for Amgen’s olpasilan ahead of late-stage data expected in 2027 or early 2028. BMO Capital Markets also downgraded Amgen due to market performance, but kept its price target…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. Don’t miss the CNBC interview wells fargo CEO Charlie Scharf spoke today at 10 a.m. ET. Watch live on CNBC or CNBC+.Stock futures are lower this morning after all three major stock averages fell.Here are five important things investors need to know to start their trading day.1. Apple cartJohn Ternus, Apple’s senior vice president of hardware engineering, introduced the new M2 microprocessor at Apple’s WWDC 2022 developer conference at Apple Park in Cupertino. Christoph Dernbach Picture Alliance | Getty Imagesapple’s The annual product event…

Irina Rybakova is acutely aware that the front line is inching closer towards Kramatorsk. She served in eastern Ukraine for several years and saw troops forced out of one strategic location after another. But she said the past few weeks have been “insane.” The city remains one of Ukraine’s last strongholds in the Donbas region, but Russian forces are drawing dangerously close. Almost all bridges in the city have been destroyed, and barrages of guided bombs and drone fire are now commonplace. Rybakova, a Kramatorsk-based spokeswoman for Ukraine’s 93rd Mechanized Brigade, told CNN on Monday that “attacks are happening dozens…

Instinct, the buzzy new AI assistant currently valued at $2.5 billion, is rolling out new features that allow it to do more for you. It’s about giving everyone an Instinct email address. The new email address will allow agents to create and run their own accounts without cluttering users’ inboxes, company founder Noah Singh said Tuesday. The idea, Shinn said, is to allow Instinct to handle account sign-up and management as needed to complete tasks that require email, such as creating accounts on various services, contacting companies, and following up on things that need attention. “For example, Instinct can use…

The great Jim Cramer often says, “It doesn’t matter where the stock was, only where it goes.” This is great advice and worth keeping in mind when looking at stocks. Vertive Holdings. Vertiv, headquartered in Westerville, Ohio, is a power equipment manufacturer whose DC power systems, heat removal, data center cooling solutions and other equipment are critical to data centers. Given the significant capital spending in this space, it’s no surprise that Vertiv CEO Giordano Albertazzi raised guidance on his Q2 2026 earnings call, reporting 24% net sales growth and 410 bps expansion in adjusted operating margin, saying, “We have…

When will the iPhone be available in stores?People shop at the Apple Store in Lower Manhattan, New York City, July 30, 2026.Spencer Pratt | Getty ImagesBased on past release dates, Apple’s new iPhones typically hit stores the Friday after the keynote. This year it falls on September 18th. Apple typically opens pre-orders about a week in advance through its website and retail partners. — Kiff LesswingTernus makes his second ever X postJohn Tarnas, senior vice president of hardware engineering at Apple Inc., at an Apple event in New York, USA, on Wednesday, March 4, 2026.Adam Gray | Bloomberg | Getty…

It’s easy to get caught up in the overload of questions. You are there and someone is waiting for your answer. However, you disagree with the premise of the other person’s question and feel that the question is intended to make you look bad. You may be tempted to answer anyway, or you may be hoping that your answer will change people to your point of view. But there’s a better technique, one that the late feminist icon Gloria Steinem used to great effect in her memorable appearance on NBC’s “Meet the Press.” “Mr. Steinem, I think we can all…

Private equity fund Silver Lake plans to merge two of its software companies as the industry grapples with AI disruption.French company Cegid, which sells business management software, and Silae, which provides a payroll and HR platform, will sign a deal to create a team of 1,400 developers who will integrate payroll, accounting, electronic invoicing, digital financial and payment data, and invest in AI.The transaction has an enterprise value of more than 10 billion euros ($11.6 billion), according to a statement.AI pressures will reshape the software sectorSoftware stocks fell amid concerns that AI could cause a “SaaSpocalypse.” There has since been…