As nations build ‘sovereign AI,’ open-source models and cloud computing can help, experts say

Digital illustration of a glowing world map with “AI” text across multiple continents, representing the global presence and integration of artificial intelligence. Fotograzia | Moment | Getty Images As artificial intelligence becomes more democratized, it is important for emerging economies to build their own “sovereign AI,” panelists told CNBC’s East Tech West conference in Bangkok,…

Apple weighs using Anthropic or OpenAI to power Siri in major reversal, Bloomberg News reports

An Apple logo is displayed on a smartphone with stock market values in the background. SOPA Images | LightRocket | Getty Images Apple is weighing using artificial intelligence technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models, Bloomberg News reported on Monday. Shares of the iPhone maker, which had traded down earlier in the session, closed…

Jim Cramer’s week ahead: Labor report and earnings from Constellation Brands

CNBC’s Jim Cramer on Friday guided investors through next week’s market action, specifically the labor report and earnings results from alcohol maker Constellation Brands. He also reflected on the past quarter, saying it ended on a strong note after a turbulent start when investors panicked over President Donald Trump‘s so-called “liberation day.” Back in April,…

Here are Tuesday’s biggest analyst calls: Apple, Tesla, Snowflake, Meta, CoreWeave, Circle, Amazon, Chewy, Broadcom & more

Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley upgrades Snowflake to overweight from equal weight After a change in analyst coverage, the firm upgraded the stock and says it’s very bullish. “Under new CEO Sridhar Ramaswamy, SNOW has become a better executing and faster innovating company. We see AI creating a long growth…

Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas

Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year….