Treasury Secretary Scott Bessent announced a new U.S.-China "super intelligence" dialogue mechanism while urging both nations to cooperate on AI risks, even as a spy scandal involving Nvidia CEO Jensen Huang complicates the diplomatic picture ahead of the APEC summit.
CoreWeave posted third-quarter revenue of $3.66 billion, up 168% year over year, and raised its 2026 guidance, easing investor concerns about a slowdown in AI infrastructure demand even as the company navigates rising debt costs and a broader market pullback.
Reports of Nvidia CEO Jensen Huang's alleged relationship with a suspected Chinese spy are driving renewed legislative urgency in Washington, where three chip export control bills have moved to the top of a packed lame-duck congressional agenda.
Nitori Holdings, Japan's largest furniture retailer, says an unauthorized intruder may have stolen up to 37.62 million customer records after gaining access to a company system in mid-October and going undetected until November 6.
Amazon's Ring unveiled the $250 Ring Drone Cam, an indoor flying security camera, and the $1,000 Ring Rover Cam, a patrolling business robot, as the company extends its surveillance hardware lineup beyond fixed cameras.
Nvidia shares fell roughly 4% for the second consecutive session Tuesday as CEO Jensen Huang's admission of an affair with an alleged Chinese spy triggered a class-action lawsuit, an FBI inquiry, and congressional calls for investigation into the chipmaker's China ties.
Rep. John Moolenaar, chairman of the Select Committee on China, spoke to CNBC Tuesday as bipartisan members of Congress called for briefings from Nvidia CEO Jensen Huang following his admission of an affair with an alleged Chinese spy.
CoreWeave posted third-quarter revenue of $3.66 billion, up 168% year over year, and raised its 2026 guidance, easing investor concerns about a slowdown in AI infrastructure demand even as the company navigates rising debt costs and a broader market pullback.
Nvidia shares fell roughly 4% for the second consecutive session Tuesday as CEO Jensen Huang's admission of an affair with an alleged Chinese spy triggered a class-action lawsuit, an FBI inquiry, and congressional calls for investigation into the chipmaker's China ties.
Anthropic is targeting a trading debut as early as next week amid a rebound in AI stocks, with CNBC's Jim Cramer arguing the IPO's outcome could determine whether the broader AI trade recovers — or stalls.
Treasury Secretary Scott Bessent announced a new U.S.-China "super intelligence" dialogue mechanism while urging both nations to cooperate on AI risks, even as a spy scandal involving Nvidia CEO Jensen Huang complicates the diplomatic picture ahead of the APEC summit.
Amazon's Ring unveiled the $250 Ring Drone Cam, an indoor flying security camera, and the $1,000 Ring Rover Cam, a patrolling business robot, as the company extends its surveillance hardware lineup beyond fixed cameras.
A newly elected group of lawmakers is heading to Washington with stricter AI regulation as a campaign centerpiece, potentially reshaping a congressional debate that has seen little binding legislation for years.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.