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How Anthropic quietly took on OpenAI
CNBC· 2026-01-19 16:01
The AI lab that avoided the hype has suddenly found itself at the center of it. >> Anthropic is one of the key AI names eyeing a potential IPO this year and it's looking to outmaneuver big spending rivals by showing you don't need the most chips to win. >> Anthropic story began 5 years ago with the defection.A core group of senior OpenAI researchers who helped build the systems that became chat GBT then left to create a lab where safety wasn't an afterthought. We had this really clear vision of the company ...
Why Automakers Want To Power AI Data Centers
CNBC· 2026-01-19 16:01
Ford just announced it's going to be making a $2 billion bet on a totally new industry: energy storage. That comes as automakers pivot away from EVs. Weaker sales and lowered forecasts are leading companies to find new uses for the battery factories they invested billions of dollars into. Energy storage is a natural next best option; big battery packs that store power for homes, businesses and even utilities they can collect electricity from, say, solar panels for use when the sun isn't shining.Or they can ...
Who could replace Jamie Dimon as CEO of JPM?
CNBC· 2026-01-18 16:01
Jamie Diamond has been CEO of JP Morgan Chase for 20 years this month, helping it grow faster than rivals, avoiding disasters that befell other banks, picking up three failed institutions, [music] and turning his firm into the world's largest bank by market cap. Today, JP Morgan Chase stock [music] is worth around $900 billion, which is roughly the size of the next three largest American banks combined. With that kind of a track record, the world of finance listens to everything that Jaime Diamond [music] s ...
Why NBCUniversal Is All In On Sports
CNBC· 2026-01-18 16:01
I'm not sure there's ever been a month in media and sports quite like what we're going to see in February in terms of the amount of content on one individual network. It all starts February 6th. That's when the Winter Olympics Opening Ceremonies kicks off on NBC Sports.Just two days after the opening ceremonies is the Super Bowl, the most watched event on all TV every single year. And that's also on NBC sports. A week later, NBC has the NBA All-Star Game.Again, another giant marquee event typically that a s ...
How America Became Obsessed With Aldi
CNBC· 2026-01-17 16:00
It may come as a surprise that German discount grocer Aldi is the third largest supermarket chain in the U.S. by number of stores. That's after Walmart and Kroger, with more than 2,600 stores across 39 U.S. states, Aldi is the fastest growing supermarket chain in the U.S. It opened nearly 200 stores in 2025, its biggest growth year to date and more than any other grocer in the country. And its foot traffic rose more than 50% between 2019 and 2024.We've grown every year and every type of economy. There's alw ...
Why More Students Are Forgoing Four-Year College
CNBC· 2026-01-16 17:01
Students have been moving away from four-year degrees in favor of certificate and associate degree programs. Enrollment in bachelor's degree programs grew just 0.9%, while enrollment in undergraduate certificate and associate degree programs grew by 1.9% and 2.2%, respectively. This is a trend I've been watching for years, but there are some key changes this year that make it even more striking.First, the cost of education. Community college is significantly less expensive. At two-year public schools, tuiti ...
Medical Office And AI Data Center Lead Biggest Commercial Real Estate Deals
CNBC· 2026-01-15 17:01
For the second month in a row, we're seeing a significant cooldown in commercial real estate deal-making. With interest rates still high and all that continued uncertainty in the broader economy, it's just getting tougher to get the deals done. Now, I've been watching this space for a few decades now on CNBC, but now we're getting these amazing monthly spreadsheets of the actual deals provided exclusively to us by Moody's for the Property Play.That's my new platform dedicated to commercial real estate inves ...
Why Trump Is Targeting Federal Reserve Chair Jerome Powell
CNBC· 2026-01-14 17:01
The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the president. I'm Eamon Javers, senior Washington correspondent for CNBC, and we've been watching this amazing story play out of this confrontation between the Department of Justice and the Federal Reserve over the past couple of days. This is a question about the future of the American economy. This is a question ...
Forget Injections. Now You Can Just Take Pills For Weight Loss
CNBC· 2026-01-13 17:01
The GLP-1 craze isn't close to being over. In fact, 2026 is the year that we could see its evolution in pill form. Danish drugmaker Novo Nordisk kicked off the new year with the launch of its once daily obesity pill, Wegovy.Named just like its injectable counterpart. Because it's Wegovy, it sits on the back of all the safety data that Wegovy has been able, semaglutide has been able to create over the last ten years or so. Novo's main competitor, Eli Lilly, has its own obesity pill that is waiting for FDA ap ...
Who Will Be The Next JPMorgan Chase CEO?
CNBC· 2026-01-12 17:00
Jamie Dimon has been CEO of JPMorgan Chase for 20 years this month, helping it grow faster than rivals, avoiding disasters that befell other banks, picking up three failed institutions and turning his firm into the world's largest bank by market cap. Today, JPMorgan Chase stock is worth around $900 billion, which is roughly the size of the next three largest American banks combined. With that kind of a track record, the world of finance listens to everything that Jamie Dimon says.But at nearly 70 years old, ...