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There’s a certain wildness to the technology industry these days, with both things that mimic previous eras of big change like cloud computing (huge initial costs) and things we’ve never seen before (record profits accompanied by mass layoffs). One possible explanation is that technology company executives, especially CEOs, collectively suffer from delusions of AI’s greatness. And at least one tech CEO is saying as much out loud. I’m Aaron Levie, founder of Box. “CEOs are uniquely susceptible to AI psychosis because they are sufficiently removed from the last-mile work needed to create the most value with AI,” Levie wrote in…
U.S. Secretary of Defense Pete Hegseth speaks during a press conference at the Pentagon on May 5, 2026, in Arlington, Virginia. Chip Somodevilla | Getty ImagesThe Pentagon on Wednesday announced a five-year agreement worth about $9.7 billion. Dell Provides a suite of software to the US military. This award, known as microsoft The Department of the Army Enterprise Software Contract II Core Enterprise Technology Contract requires Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing capabilities.The company’s government services division, Dell Federal Systems, won the contract after a competitive process, Pentagon Chief Information Officer Kirsten Davis and acting…
Snowflake CEO Sridhar Ramaswamy poses in front of the company’s sign outside the New York Stock Exchange on September 30, 2025.new york stock exchangeAmazon On Wednesday, the company’s cloud division announced it had committed to spending $6 billion. snowflakeThis includes the use of the company’s custom silicon and chips for artificial intelligence. Snowflake’s purchase of services and technology from Amazon Web Services will be over a five-year period, according to a press release about the deal. Snowflake plans to expand its use of Amazon’s Graviton general-purpose chips and cloud-based graphics processing units for AI.This is the latest sign that AWS…
As AI video models become more powerful, YouTube automatically labels videos on behalf of creators, instead of relying solely on creators to label AI videos. The company announced Wednesday that it will apply the label if its internal systems detect that “significant photorealistic AI” has been used. YouTube also plans to make AI labels more prominent and easier to find on both long-form videos and YouTube Shorts. The video platform’s AI label has been in use for more than two years, since YouTube updated its AI policy and introduced a tool in Creator Studio that requires creators to publish videos…
Clay Gravesand and AD Smith: BreakupMr. Clay expressed hesitation about marriage because of his own thoughts about his father’s infidelity, but Mr. AD reassured him that they would do well as a couple and that everything seemed to be going well between them. However, when faced with the challenge of saying yes for good in front of the altar, Clay said he would not do so, telling AD that it is not a “responsibility” to get married when you are not ready. Shock. “I’m going to work for you,” he told AD, “and we’re going to get through this together.…
explainerWith his victory over world No. 318 Marin Cilic, he became the youngest player to win a Grand Slam title in 17 years.Published May 27, 2026May 27, 2026Roland Garros may have witnessed the birth of another tennis megastar this week when local teenager Moise Kouame achieved a historic victory at Roland Garros, becoming the youngest player to win a major main draw in 17 years.Kouame, 17 years and two months old, defeated former US Open champion Marin Cilic 7-6 (4), 6-2, 6-1, raising his arms and throwing his head back as the home crowd on Court Simonne Mathieu applauded his…
Database provider ClickHouse’s annual revenue run rate exceeded $250 million, triple its business last year, co-founder and president of products and technology Yury Izrailevsky told TechCrunch. Isralewski expects sales to reach high nine digits by the end of the year. ClickHouse was valued at $15 billion in January following a $400 million Series D funding round led by Dragoneer Investment Group. The latest valuation implies a significant multiple of more than 60 times annual earnings. Izrailevsky (pictured left) said the less-than-five-year-old company could go for an IPO within the next few years due to its rapid revenue growth and premium…
The CNBC Investment Club held its May monthly meeting on Wednesday, with Jim Cramer and Director of Portfolio Analysis Jeff Marks in attendance, covering all 33 stocks in the portfolio. Jim gives his unvarnished view on stocks and spotlights four of his favorite stocks that new club members can buy. Jeff also detailed the two new positions and why we started them. One of the themes Jim emphasized was the importance of diversification, even when one dominant theme is driving the market. Now, artificial intelligence is winning. There are many AI winners. But our discipline as long-term investors requires us…
“He spent three and a half years of his life with 20 other children in the same place, in the same room, in this little iron bed. He had no choice, no freedom,” Angelina, who was born on November 29, 2003, told MSN in 2007 about Pax’s childhood in an orphanage on the outskirts of Ho Chi Minh City, Vietnam. Although Maddox lives with sisters Zahara and Shiloh, “all of a sudden he’s in a very free situation with his new siblings and his mom and dad,” Angelina continued. “He’s learning English and he’s very loving and wild and free.…
US states are responding to growing criticism of soccer’s world governing body over the pricing of the 2026 FIFA World Cup.Published May 27, 2026May 27, 2026FIFA is facing subpoenas from New York and New Jersey as part of an investigation into the accuracy of ticket prices and seat locations for the 2026 World Cup.In a joint news release Wednesday, New York Attorney General Letitia James and New Jersey Attorney General Jennifer Davenport said match fees for the 2026 World Cup “far exceed fees for past World Cup tournaments.”Recommended stories list of 4 itemsend of listFIFA detailed its first-ever use of…