President Donald Trump‘s approval rating has been slipping as Americans sour on his handling of the economy. Is it one more divide between Wall Street and Main Street with stocks still sitting near record highs and corporate profits strong? Not exactly, according to the results of the latest CNBC CFO Council Survey. The C-suite and…
San Francisco Mayor Daniel Lurie speaks during a press conference at San Francisco City Hall on Oct. 23, 2025 in San Francisco, California. Justin Sullivan | Getty Images San Francisco’s Downtown Development Corporation, launched in April by Mayor Daniel Lurie, said on Tuesday that it’s received over $60 million in early commitments from donors including…
China’s artificial intelligence device market is already booming, and in the advanced technology race against the U.S., the country’s expertise in hardware could give it an edge. “The advantage comes from the fundamental root that China is a nation of manufacturing,” Dr. Kai-Fu Lee, CEO of 01.AI and chairman of Sinovation Ventures, told CNBC. “Today,…
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg was so optimistic last year about his company’s Llama family of artificial intelligence models that he predicted they would become the…
Ukraine’s European allies on Monday said that the war is at a “critical moment” as President Volodymyr Zelenskyy said his country is preparing to share a revised peace plan with the U.S. Zelenskyy met with U.K. Prime Minister Keir Starmer, German Chancellor Friedrich Merz and French President Emmanuel Macron in London as the European leaders…
NVIDIA AI Computing Card captured in Hangzhou, Zhejiang Province, China on Dec. 9, 2025. Cfoto | Future Publishing | Getty Images U.S. authorities announced Tuesday that they have shut down yet another China-linked smuggling network that trafficked or attempted to traffic more than $160 million in export-controlled Nvidia AI chips. According to a press release…
Google was on Tuesday hit with an EU antitrust investigation over its use of online content for AI purposes, marking the latest in a series of crackdowns from the bloc on regulating U.S. big tech companies. The European Commission said it was investigating whether Google had breached EU competition rules by using the content of…
As countries race to build domestic data centers in the name of sovereign AI, Saudi Arabia is betting on a more creative idea: data embassies. A data embassy is where data is stored outside of a country’s physical borders but operates under its laws, much like a diplomatic embassy. The concept is not new. Estonia established the first data embassy in 2017 and there’s only been one…
Broadcom shares hit an all-time high during Monday’s trading session after the emergence of another encouraging sign that the company’s custom chips are all the rage on the AI scene. The newest development comes from the tech website, The Information, which said Microsoft could be looking to move its custom chip business from Marvell Technology…
U.S. President Donald Trump poses on the red carpet for the 2025 Kennedy Center Honors at the John F. Kennedy Center for the Performing Arts in Washington, D.C., U.S., December 7, 2025. Jeenah Moon | Reuters President Donald Trump expressed skepticism on Sunday night about Netflix‘s proposed acquisition of parts of Warner Bros. Discovery, saying…
