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AI

Businesses have been piloting and testing various AI tools over the past few years to understand what their adoption strategies will look like. Investors believe the experimental period is nearing its end. TechCrunch recently surveyed 24 enterprise-focused VC firms and predicted that the vast majority will increase their AI budgets in 2026, but not all. Most investors said the budget increases would be concentrated and many companies would spend more money on fewer contracts. Andrew Ferguson, vice president at Databricks Ventures, predicted that 2026 will be the year companies start consolidating investments and picking winners. “Today, companies are testing multiple…

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SoftBank has completed a $40 billion investment commitment to OpenAI, a person familiar with the matter told CNBC’s David Faber. The Japanese investment giant ended up transferring between $22 billion and $22.5 billion last week, according to a source who requested anonymity to discuss details of the transaction. SoftBank previously syndicated $10 billion and invested $8 billion in the ChatGPT maker. With this investment, SoftBank’s stake in the company will exceed 10%. CNBC reported in February that the company was finalizing a $40 billion investment in the Sam Altman-run startup at a pre-money valuation of $260 billion. At the time,…

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The bigger the orchard, the more bad apples there will be. It is estimated that nearly 5 billion people traveled by air in 2025, a record number, with even more tourists traveling by ship, train and road. While most travelers enjoyed their vacation without incident and pumped a lot of money into the local economy, not all of them were on their best behavior. This is CNN Travel’s list of resolutions to help us all become better global citizens in 2026. It also provides examples of this year’s biggest failures. Let’s hope some of it sticks this time. 1. I…

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Workplace experts say that as middle management jobs decline, executives may be underestimating how important these roles are to their companies, especially in the age of AI.The number of middle managers, who are professionals who act as a bridge between senior leaders and front-line employees, has been decreasing in recent years. Middle managers accounted for one-third of all layoffs in 2023, according to an analysis by Bloomberg and LiveData Technologies. According to the “Workforce 2025: Power Shifts” report, which surveyed 15,000 professionals around the world from organizational consulting firm Korn Ferry, 41% of employees said their company has reduced management…

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istanbul, Türkiye — ISIS militants opened fire on police during a nighttime raid in Turkey’s western Yalova province on Monday, killing three people and wounding eight, authorities said. Turkish authorities said six ISIS members were killed and five others were captured in an operation that lasted more than seven hours in the village of El Malik, 100 kilometers from Istanbul. The raids come as law enforcement officials step up raids ahead of planned attacks on minorities during the winter holidays. Video of the operation on social media showed a nighttime gunfight as police raided a suspected ISIS hideout. Footage taken…

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As 2026 approaches, many people are looking at tips and tricks to ring in the new year at home and at work.And while many people are considering new morning and evening routines, there are two other routines you can incorporate into your schedule to help you focus when you need it and take a break at the end of the day, especially at work, says Cal Newport, a computer science professor at Georgetown University and author of several books on focus and productivity.Newport advocates using time blocking to set aside time during the day for deep work, or tasks that…

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1 kg silver bars handpicked at Conclude Zrt bullion dealer arranged in Budapest, Hungary on Monday, February 17, 2025. Akos Stiller | Bloomberg | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five important things investors need to know to start their trading day.1. Silver SurferSilver is on a wild ride. After surging to record highs this year, the metal yesterday posted its biggest intraday swing in more than five years.The full text is as follows:silver futures It fell more than 8% on Monday to below $71 an ounce. The reversal…

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Saudi Arabia led a “limited” airstrike on the country’s Mukalla port on Tuesday morning, publicly accusing its close ally in Yemen of “extremely dangerous” actions, following accusations that two Emirati ships handed over weapons and combat vehicles to separatist forces. The UAE rejects the accusations, expressing surprise at the airstrike and saying the vehicles were intended to be handed over to Yemen’s Emirati forces in coordination with the Saudi-led military coalition. The Saudi foreign ministry said in a statement that the “measures” taken by the UAE posed a threat to national security in an escalating situation that highlighted the deepening…

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It’s that time of year when everyone makes plans for next year. When it comes to money, we can safely say that the secret isn’t in fancy investment strategies, hot stocks, or obscure cryptocurrencies. If you and your partner want to set just one money resolution for 2026, do this: “We both remain actively involved with our finances.”As a financial advisor for over 20 years and running my own wealth management company for nine years, I know this is the most impactful commitment most couples can make. But many relationships lack that. Danger of cutting Allowing one spouse to control…

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Businessman working on laptop in modern office spaceMomo Production | Digital Vision | Getty ImagesStudent loans have long been considered difficult, if not impossible, to discharge in bankruptcy. However, new research has recently found that this is not the case. The success rate of student loan borrowers seeking to have their debts discharged in bankruptcy has “jumped” to 87%, according to an analysis published this month in the American Bankruptcy Law Journal by Jason Iuliano, a professor at the University of Utah’s S.J. Quinney School of Law. In 2017, the bankruptcy success rate for education loan holders was 61%, compared…

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