Author: Editor-In-Chief
OpenAI CEO Sam Altman and the White House continue to discuss possible government funding for artificial intelligence companies, CNBC confirmed Friday.Discussions have been going on for more than a year, with Altman first sharing the idea with the Trump administration in 2025, according to people familiar with the matter who asked not to be identified because the details are confidential. Altman met with various lawmakers and officials in Washington, D.C., about the latest developments in regulation and AI, and the talks continued this week.As part of a potential agreement, OpenAI could donate equity to the U.S. government to create something…
Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Friday’s key moments. 1. Stocks fell on Friday as investors digested May’s jobs report and volatility in the tech sector. The tech-heavy Nasdaq fell 1.7%, the S&P 500 index fell nearly 1%, and the composite index was on pace for a weekly decline after nine straight weeks of gains. Nonfarm payrolls rose by 172,000 in May, more than consensus expectations, and the unemployment rate was unchanged at 4.3%. In response, U.S. Treasury yields rose on the possibility of a rate hike…
The judge said the restrictions put immigrants’ lives in an “uncertain legal limbo” motivated by “anti-immigrant sentiment.”Published June 5, 2026June 5, 2026A federal judge has struck down sweeping restrictions imposed by President Donald Trump’s administration on immigration screening in 39 countries.The ruling issued Friday by District Judge John McConnell condemned the restrictions imposed in November 2025 after the shooting deaths of two National Guard members in Washington, D.C.Recommended stories list of 3 itemsend of listMcConnell said the policy effectively barred citizens of 39 countries from receiving final decisions on their asylum claims, green cards, work permits and citizenship applications.The change…
SpaceX has signed a new computing deal, this time with Google, ahead of its historic IPO. The company announced the acquisition in a regulatory filing on Friday. Under the terms of the deal, Google will pay SpaceX $920 million per month from October 2026 to June 2029 for access to “approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components.” The deal is similar in length and scope to the one SpaceX announced with Anthropic in late May. Anthropic has agreed to pay SpaceX $1.25 billion a month through 2029 to rent computing from its Colossus 1 data center near…
Amazon’s own Proteus robots deployed at 25 fulfillment centers in the USSauda BaimiyaAmazon unveiled its latest warehouse robot that can receive commands in conversational language, highlighting how AI-powered automation is advancing as companies continue to reduce internal workforces with AI-driven efficiency. The tech giant’s next-generation Proteus is an autonomous mobile robot designed to understand natural language commands from employees and transport items in warehouses. The announcement was made at the company’s Delivering the Future event in London on Thursday. The original Proteus was first introduced to Amazon fulfillment centers in 2022 to assist workers, including transporting heavy carts up to…
Earnings season may be coming to an end, but Monday brings yet another high-stakes event for one of our “own it, don’t trade it” stocks as stocks hover near all-time highs. That’s when Apple kicks off its annual Worldwide Developers Conference, or WWDC for short. When it comes to Apple and what investors in a stock at this level are interested in, it’s all about Apple Intelligence, the company’s AI suite. After repeated delays, hiccups, and strategic reboots, Apple is finally introducing a new, more personalized Siri. Powered by Google’s Gemini AI model, the digital assistant is expected to have…
FHFA Director Bill Pulte speaks on CNBC on January 8, 2026.CNBCPresident Donald Trump reportedly told Bill Pulte, the incoming acting director of national intelligence, on Friday that he wants to “begin the process” of mass layoffs of employees in the DNI office.The Wall Street Journal reported that President Trump said in an interview that the layoffs would be part of a transformation of the U.S. intelligence community. The DNI Office oversees 18 U.S. intelligence agencies, including the CIA and the National Security Agency. Trump’s comments are sure to further upset members of Congress, including Republican senators, who had already criticized…
tehran, iran — The chances of a peace deal between the US and Iran depend on whether the Trump administration agrees to release $24 billion in frozen Iranian assets, a senior Iranian official told CNN on Friday, warning that the US would “enter a dark corridor” if fighting resumed. Mohsen Rezaei, a military adviser to Supreme Leader Mojtaba Khamenei, told CNN in an exclusive interview in Tehran that “the negotiations are at a stalemate and (US President Donald) Trump has to break the deadlock.” “The ball is in Trump’s court.” Iran is reportedly demanding the release of $12 billion in…
Rep. Brian Still (R-Wis.) speaks with reporters outside the House Republican Conference on Wednesday, March 25, 2026, at the U.S. Capitol. Tom Williams | CQ-Roll Call Inc. | Getty ImagesThe leader of a parliamentary committee that oversees the functioning of the House of Representatives said he is working on a bill that would ban sitting members from betting on prediction markets about elections and politics, and that he would like to extend it to former members of Congress and candidates for that office.Rep. Brian Still (R-Wis.), chairman of the House Administration Committee, told reporters this week that it’s OK for…
The U.S. Senate has passed a bill that would provide an additional $70 billion in funding for controversial immigration enforcement efforts long sought by President Donald Trump.The bill, passed early Friday morning, would provide funding for Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) during President Trump’s term, adding to the huge profits for both Department of Homeland Security agencies from the tax bill passed last year.Recommended stories list of 3 itemsend of listPassage of the funding bill in the Senate, where Republicans hold a 53-seat majority in the 100-member House, comes after months of delays due…