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US President Donald Trump sought to build expectations before arriving for a high-stakes summit with Chinese leader Xi Jinping.He said he would urge Xi to “open up” China’s economy, and announced that a delegation of top business leaders would accompany him, including Tesla’s Elon Musk, Apple’s Tim Cook and Nvidia’s Jensen Huang.Recommended stories list of 4 itemsend of listAs President Trump and President Xi prepare to conclude two days of talks on Friday, expectations for the outcome of the summit are generally modest at best among observers.President Trump and President Xi Jinping are expected to extend the one-year hiatus in…
Bolton won the semi-final second leg in Bradford 1-0 to advance to the Sky Bet League 1 play-off final. Xavier Simmons scored the only goal for a 2-0 aggregate victory.For the most part, it was a volatile and difficult encounter at Valley Parade, where opportunities were invaluable. It took 68 minutes for the first shot on target. The decisive moment of the game came 68 seconds into the second half. image: Bolton players celebrate Xavier Simmons’ late goal to seal a 2-0 aggregate win against Bradford Bantams forward Kayden Jackson was ruled offside when he took a header, and the…
A nine-member jury in California is currently deliberating the future of OpenAI, the world’s leading artificial intelligence laboratory. The trial, which examines Elon Musk’s lawsuit against OpenAI’s other co-founders and Microsoft, covers territory from the founders’ dissolution in 2018 to Altman’s firing and rehiring in 2023, but jurors will consider a fairly narrow set of questions. Breach of Charitable Trust — In essence, did OpenAI and co-founders Sam Altman and Greg Brockman violate a specific agreement with Musk to use donations to OpenAI for specific charitable purposes rather than general use by nonprofit organizations? Unjust Enrichment — Did Defendants use…
CNBC’s Jim Cramer said: Nvidia China should be allowed to sell artificial intelligence chips, arguing that it is in America’s best interests to remain dependent on American technology rather than forcing Chinese companies to develop competing products. “If we force them to make their own chips, they will catch up and surpass us with seemingly unlimited power,” the “Mad Money” host said Thursday, while Nvidia CEO Jensen Huang was in China with President Donald Trump for a high-stakes diplomatic summit. Nvidia’s ability to sell advanced AI chips to China has been limited for years due to export restrictions introduced under…
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds a Wafer Scale Engine 3 AI chip during the company’s initial public offering (IPO) on the Nasdaq Marketsite, Thursday, May 14, 2026, in New York, USA. Bloomberg | Bloomberg | Getty Imagescerebral system I unfortunately missed out on participating in Facebook-parent. Meta and alibaba As one of the few companies to close its first day trading on Wall Street with a market capitalization of over $100 billion.The company’s stock was up 68% as of Thursday’s close, giving it a market capitalization of about $95 billion.Alibaba’s 2014 IPO gave…
Rory McIlroy and Bryson DeChambeau got off to a nightmare start at Aronimink Golf Club as defending champion Scottie Scheffler grabbed a share of the early lead at the PGA Championship.Scheffler, who has finished second in his past three World starts and is seeking his fifth major win in as many seasons, had four birdies in a six-hole stretch around the turn en route to an opening round 67. The world No. 1 is at the top of a seven-man leaderboard, with Aldrich Potgieter, Stefan Jaeger, Lee Min-woo, Ryo Hisatsune, Alex Smalley and former champion Martin Kaymer also tied at…
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. As the Dow Jones Industrial Average regains the $50,000 mark, here’s what CNBC TV producers were watching and what they’re eyeing for the next trade. If you thought Cerebras Thursday was interesting, stay tuned for the first full day of trading from this giant artificial intelligence chipmaker. Cerebras Systems’ initial public offering price was $185. After the gate opened, the stock rose to a high of…
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds a Wafer Scale Engine 3 AI chip during the company’s initial public offering (IPO) on the Nasdaq Marketsite, Thursday, May 14, 2026, in New York, USA. Bloomberg | Bloomberg | Getty ImagesThe tech billionaire club has two new members Cerebras The blockbuster IPO lifted the chipmaker’s market cap to nearly $100 billion. Nearly a decade after Cerebras was founded, CEO Andrew Feldman and head of technology Sean Lie own shares worth $3.2 billion and $1.7 billion, respectively. Cerebras shares soared 68% on Thursday’s Nasdaq debut, capping a remarkable…
President Trump tells Fox News that China will buy US crude oil to satisfy its ‘insatiable appetite’
U.S. President Donald Trump (Republican) shakes hands with Chinese President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Kenny Halston | AFP | Getty ImagesU.S. President Donald Trump said China has agreed to buy U.S. crude oil in a prerecorded interview on Fox News that aired Thursday evening, as the two countries aim for concrete trade and business wins at ongoing bilateral summits.”They’ve agreed to buy oil from the United States and they’re going to go to Texas, and we’re going to start sending Chinese ships to Texas, Louisiana and Alaska,” Trump said…
Silicon Valley’s TokenMax era has its own hardware. A new open-source project displays usage statistics for Claude code in a small desktop dashboard, allowing AI power users to monitor usage. Sure, you can track Clawd code usage directly in your device using commands and other external tools and apps, but it’s not quite as fun as watching a pixel art version of Clawd sprites dance across your screen before displaying at-a-glance token usage information, right? The device, dubbed the “Clawdmeter,” is both a fun side project for AI power users and a timely demonstration of how thoroughly Anthropic’s Claude has…