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In a post on Truth Social, President Trump directed federal agencies to stop using all Anthropic products following a public dispute between the company and the Department of Defense. The president granted a six-month phase-out period for departments using the product, but stressed that Anthropic is no longer welcome as a federal contractor. “We don’t need it and we don’t want it. We will never do business with them again,” the president said in the post. Notably, the President’s post does not mention plans to designate Anthropic as a supply chain risk, as previously mentioned as a result. However, a…
Marco Bello | AFP | Getty ImagesFintech company Bloc announced Thursday it would lay off about half its workforce, adding more than 4,000 employees to the unemployed ranks overnight. Experts say that when a large portion of a company’s workforce suddenly faces job loss, it can pose a variety of unique financial and career challenges.Mass layoffs “lead to a very Hunger Games-like situation where you’re competing against a bunch of people for a limited number of jobs,” says career coach Tessa White, founder of Job Doctor.Read more CNBC’s personal finance coverageData suggests that the number of layoffs is on the…
On Friday, the CNBC Investment Club held its February monthly meeting, where Jim Cramer and Director of Portfolio Analysis explained each stock in the portfolio. Jim focused specifically on club stocks in the artificial intelligence industry. He calls these stocks “Fourth Industrial Revolution stocks,” borrowing the term from Nvidia CEO Jensen Huang, who often uses the term to describe the AI boom. Check out Jim’s rapid-fire updates on his portfolio, starting with the AI basket and expanding to the rest of his positions in finance, retail, and more. Fourth Industrial Revolution Stock Jim started the meeting by outlining the clear…
Emilia Clarke’s brain aneurysmEmilia Clarke, who filmed battle scenes for Game of Thrones, published an essay in The New Yorker in 2019 titled “A Battle for My Life.”After suffering a severe headache at the gym, the actress writes, “I made it to the bathroom and fell to my knees feeling very, very sick.” “During that time, the pain was getting worse with shooting, stabbing, squeezing pain. On some level, I knew what was happening: my brain was damaged.”She was taken to the hospital for a brain scan.”The diagnosis was swift and ominous: a subarachnoid hemorrhage (SAH) is a life-threatening type…
Momo Production | Digital Vision | Getty ImagesThe Earned Income Tax Credit (EITC) is a tax credit for low- to moderate-income workers that increases with family size.This is a fully refundable credit. This means that some filers can receive the full amount even though they owe zero taxes. For tax year 2025, the maximum deduction is worth up to $8,046 for filers with three or more qualifying children. But about one in five eligible taxpayers doesn’t claim this “valuable” deduction, the IRS said in a January news release. According to the IRS, about 23.5 million filers collectively received about $68.5…
Starting this week, Perplexity subscribers will have new agent tools at their disposal. Perplexity Computer, in the company’s words, “integrates all of today’s AI capabilities into one system.” Specifically, Perplexity says it is a computer user agent that can independently run complex workflows using 19 different AI models, and can also create subagents to handle specific problems. The tool is currently only available in the company’s highest subscription tier, Perplexity Max, which costs $200 per month. Because it runs entirely in the cloud, it potentially avoids the security concerns of other agent tools such as OpenClaw. TechCrunch hasn’t had a…
core weave On Friday, CEO Mike Intrater backed the company’s big spending plans in an interview with CNBC’s “Squawk on the Street,” even as the company’s stock price fell after the earnings call on concerns about profitability. Intrater told CNBC that Coreweave was willing to invest in more infrastructure and sacrifice margins to meet “once-in-a-generation” capacity demands.”I understand that people are concerned because they see us putting a lot of money into this market, but the reality is we have a huge backlog,” he said.Coreweave’s stock price plunged 18% following the disappointing earnings outlook. The New Jersey-based company also said…
Lil Jon His loved ones are getting some answers after his son’s tragic death nathan smith. Named after the rapper’s son, who is also known by the nickname DJ Young Sladewas reported missing in Georgia on February 3, and was found dead outside his parents’ home three days later, with the Fulton County coroner announcing the cause of death. News, according to an autopsy report obtained by E!the rapper’s death was caused by “drowning in a psilocybin environment,” and the document also confirms that Smith’s blood tested positive for “the pharmacologically active compound of the hallucinogenic mushroom psilocybin, which is…
The Paramount logo hangs above the entrance to Paramount Studios on February 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Imagesthe next day paramount skydance emerged as the winner to take over the same media giant. warner bros discoverythere are growing questions about the future direction of corporate regulation.The WBD board said Thursday that Paramount’s revised $31 per share offer is superior to Paramount’s existing offer. Netflixprompting the streamer to announce that it was pulling out of the deal altogether and paving the way for Paramount. Paramount’s offer (up from $30 per share) is the latest in a…
Suno co-founder and CEO Mikey Shulman shared on LinkedIn that the AI music generator has attracted 2 million paying members and generated $300 million in annual recurring revenue. Just three months ago, Suno announced a $250 million funding round, valuing the company at $2.45 billion. At the time, Suno told the Wall Street Journal that annual revenue had reached $200 million. This would indicate that the company has achieved significant growth in a short period of time. Suno allows users to create music using natural language prompts, making it easy for even the most inexperienced to generate audio. This has…