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As OpenAI faces increasing pressure from rival Anthropic’s improved coding tools, CEO Sam Altman told employees and investors that the company is feeling the momentum, too.Altman told OpenAI employees on Friday that ChatGPT, the company’s popular artificial intelligence chatbot, is “back to more than 10% monthly growth,” according to an internal Slack message seen by CNBC. OpenAI is also preparing to unveil “a modern chat model” this week, Altman said.More than 800 million people use ChatGPT every week, but Google and Anthropic are on the rise. OpenAI declared a “code red” in December to improve ChatGPT and temporarily halted several…
The Pentagon said the United States would enforce a Trump-ordered lockdown of the South American country, even if it was “on the other side of the world.”listen to this article | 3 minutesinformationPublished February 9, 2026February 9, 2026Click here to share on social mediaShare 2shareThe US military said it had seized a Venezuelan-linked vessel in the Indian Ocean, a move the US government said showed its determination to enforce an oil blockade against the South American country “on the other side of the world.”The Pentagon said Monday that the seizure of the tanker was part of U.S. President Donald Trump’s…
Manager Thomas Frank says Tottenham are “desperate” for a win as they prepare to face Newcastle in a crucial Premier League game on Tuesday night.Saturday’s 2-0 loss to Manchester United extended Spurs’ winless run in the league to seven games. Their last Premier League victory came on 28 December when Archie Gray scored a 1-0 win over Crystal Palace at Selhurst Park. We have to go back to December 6th for our last home win in the league, when we beat Brentford 2-0. Similarly, our midweek opponents are winless in 4 league games.”There’s no question we’re desperate and desperate to…
Bloomberg reports that Anthropic is in the final stages of raising $20 billion in new funding at a valuation of $350 billion, with investor demand pushing the company to raise twice the amount it planned to raise. The company raised $13 billion in equity funding just five months ago, but with fierce competition among Frontier Labs and ongoing computing costs, it wants to do so as soon as possible. Companies expected to participate in the round include Altimeter Capital Management, Sequoia Capital, Lightspeed Venture Partners, Menlo Ventures, Coatue Management, Iconiq Capital and Singapore’s sovereign wealth fund, but the bulk of…
Patrick Dwyer, managing director of Miami-based boutique wealth management and planning firm Aligned by NewEdge Wealth, said even billionaires worry about their children’s futures.Mr. Dwyer says his clients, the ultra-high-net-worth individuals (mainly those with net worths of $100 million to $1 billion or more), are especially concerned that their children, primarily between the ages of 22 and 35, are unable to maintain careers in traditionally stable and lucrative industries such as technology, law and medicine.The U.S. job market is currently challenging for young people in general, regardless of individual or family income. The unemployment rate for new graduates has steadily…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. Congratulations to the Seattle Seahawks for defeating the New England Patriots 29-13 in last night’s Super Bowl. Congratulations also to Lady Gaga’s fans who received a surprise performance from her during Bad Bunny’s halftime show.Stock futures fell in pre-market trading this morning. The average of the three major stocks soared on Friday.Here are five important things investors need to know to start their trading day.1. Dow 50,000A trader works as the Dow Jones Industrial Average exceeds $50,000 on the floor of the New York…
Aerial view of two-story single-family homes lining a street in Thousand Oaks, California, on January 14, 2026. Kevin Carter | Getty ImagesLawmakers are expected to pass a series of bills aimed at increasing housing affordability by loosening regulations on home construction and giving incentives to builders and local governments to encourage more construction. The bill has strong bipartisan support, as does a nearly identical Senate bill passed last year. This, along with President Donald Trump’s focus on housing affordability, means the bill has momentum to pass by the end of the year. “There is nothing more personal to Americans than…
If the proposal were implemented, workers would no longer be able to seek redress through independent review boards.listen to this article | 3 minutesinformationPublished February 9, 2026February 9, 2026Click here to share on social mediaShare 2shareU.S. President Donald Trump’s administration is making it harder for fired federal employees to get rehired by restricting their right to appeal their firings to an independent review board.The changes were proposed as part of a government plan released by the Office of Personnel Management (OPM) on Monday. Under the proposal, federal employees seeking to challenge their firings would have to appeal directly to OPM,…
The FIA says it wants to keep disputes between F1 teams over the sport’s new 2026 power units out of the ‘courts’ and resolve the issue before the start of the new season. Ahead of the new campaign, which begins with the Australian Grand Prix on March 8, Ferrari, Honda and Audi are understood to be concerned that pre-season title favorites Mercedes and Red Bull, which are producing their own power units for the first time, have established a performance advantage through so-called “loopholes” in the regulations. The discussion focuses on compression ratio limits amid suggestions from rivals that both…
Workday, an enterprise resource planning software company, announced Monday that Chief Executive Officer Carl Eschenbach will resign and retire from the company’s board of directors, effective immediately. Workday co-founder and former CEO Aneel Bhusri will return as CEO. Mr. Eschenbach joined Workday in December 2022 as co-CEO with Mr. Bhusri, and had been the company’s sole CEO since February 2024. Bhusri has led the company since 2009, sometimes as co-CEO, sometimes as sole CEO, and has been the company’s executive chairman since 2024. Workday confirmed to TechCrunch that Bhusri will be returning to the role permanently, rather than taking the…