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March 22, 2026
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Sam Altman

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Anthropic’s Amodei siblings may hold the key to generative AI

Sagar2 months ago06 mins

SAN FRANCISCO — Daniela Amodei has an energy that’s hard to place — warm, unhurried, immediately present. She swept into a sunlit room on the ground floor of Anthropic‘s headquarters in December, sat down, and immediately apologized for her mug. “Is my, like, gigantic novelty mug going to be distracting if I have it?” she…

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  • Business

Meta signs nuclear energy deals to power Prometheus AI supercluster

Sagar2 months ago03 mins

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta on Friday announced agreements with three nuclear power providers, including one…

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  • Business

The year AI tech giants, and billions in debt, began remaking America

Sagar3 months ago015 mins

The Stargate AI data center in Abilene, Texas, US, on Wednesday, Sept. 24, 2025. Kyle Grillot | Bloomberg | Getty Images West Texas dust, iron-tinged and orange-red, rides the wind and sticks like a film to everything you touch. It clings to skin and the inside of your mouth, a fine grit that turns every…

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  • Business

Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC

Sagar3 months ago02 mins

SoftBank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion last week, according to the sources familiar with the matter. SoftBank had previously syndicated $10 billion and invested $8 billion in the ChatGPT maker. The investment takes…

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  • Business

Lending startup backed by Altman, JPMorgan teams up with Amazon

Sagar3 months ago04 mins

Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan Chase credit facility, the company told CNBC exclusively. The new relationship means eligible U.S. Amazon vendors can apply for and access capital directly through…

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  • Business

OpenAI began decade ago as nonprofit lab. Musk and Altman now rivals

Sagar3 months ago07 mins

Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images On Dec. 11, 2015, OpenAI launched as a nonprofit research lab after Elon Musk and a group of prominent…

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Meta’s multibillion dollar AI strategy overhaul creates culture clash

Sagar3 months ago012 mins

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…

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Cramer says OpenAI’s problem is funding, not Google

Sagar4 months ago02 mins

If OpenAI’s internal drama were a Netflix series, CNBC’s Jim Cramer says, it would be a binge-worthy mix of tension, comedy and cliffhangers — and Wall Street would be glued to every episode. On Tuesday, Cramer seized on reporting that CEO Sam Altman recently declared a “code red” inside the company that suggests OpenAI fears…

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  • Business

OpenAI is under pressure as Google, Anthropic gain ground

Sagar4 months ago03 mins

Sam Altman is feeling the pressure. The OpenAI CEO sent a memo to his staffers on Monday outlining a “code red” effort to improve its chatbot ChatGPT, according to multiple reports. Altman said OpenAI will be pulling back on investments in areas like health, shopping and advertising as it works to prioritize ChatGPT, the reports…

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  • Business

OpenAI has hardware prototypes, plan device reveal in 2 years or less

Sagar4 months ago03 mins

Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. David A. Grogan | CNBC OpenAI CEO Sam Altman said on Friday that the artificial intelligence startup has finally finished its first prototypes for…

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