Sam Altman defends AI resource usage: Water concerns ‘fake,’ and ‘humans use energy too’
OpenAI CEO Sam Altman defended the resource use of AI on Friday, arguing that water concerns were “fake” and comparing it to human energy use.
Some U.S. allies see higher duties under new tariffs, rivals see relief, trade body says
U.S. allies and partners like the U.K. and the European Union facing higher tariffs but countries like Brazil, China and India get a reprieve.
Dow drops 800 points as AI disruption fears and tariff woes weigh on markets: Live updates
The major averages were under pressure as worries over AI disruption and Trump’s tariffs pulled stocks lower.
CNBC Daily Open: New Trump tariffs are up after U.S. Supreme Court strikes some down
The U.S. Supreme Court on Friday struck down much of President Donald Trump’s “reciprocal” tariffs. But Trump didn’t take their decision lying down.
‘Sit still and do nothing’: Trump’s latest tariff salvos leave markets unfazed
Asia stocks were mostly higher, safe-haven assets stayed firm, with yield on the 10-year U.S. Treasury little changed, while gold inched about 1% higher.
European stocks end lower as markets react to new Trump tariffs
European stocks closed lower on Monday as global markets reacted to U.S. President Donald Trump’s latest global tariffs policy.
How the AI debt binge shattered hyperscalers’ ‘unspoken contract’ with investors
Hyperscalers’ AI capex spending is approaching “unheard of levels”
China’s leverage rises before high-stakes summit as Supreme Court curbs Trump tariffs
Supreme Court’s decision to invalidate Trump’s tariffs has strengthened China’s hand ahead of the leaders summit in April, at a time when Beijing seeks U.S. concessions on Taiwan.
U.S. launches Peace Corps-backed ‘Tech Corps’ to help export AI, counter China
As part of efforts to spread its global AI footprint and counter China, Washington has announced a new “tech corps.”
Bitcoin falls as much as 5% as Trump tariff moves raise uncertainty
Bitcoin fell by as much as 5% after President Donald Trump announced plans to raise global tariffs to 15%, rattling risk sentiment across markets.
