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Strait of Hormuz must remain closed as 'tool to pressure enemy,' Iran's new supreme leader says
CNBC Television· 2026-03-12 15:35
We've got these dueling statements now from the president of the United States and the new supreme leader of Iran. Each one uh sort of doubling down on his existing strategy. Here's what the president said on social media a short time ago. He said, "The United States is the largest oil producer in the world by far. So when oil prices go up, we make a lot of money. But of far greater interest and importance to me as president is stopping an evil empire, Iran, from having nuclear weapons and destroying the Mi ...
Perplexity CEO on new 'Personal Computer': A digital worker on the cloud with access to your data
CNBC Television· 2026-03-12 15:11
Plexity hosting its inaugural developer day rolling out more than a dozen new products and joining us right now an exclusive interview is Perplexity's co-founder and CEO Arvin Trinabas. Good morning uh to you a whole bunch of new products including uh some that have uh come out prior to yesterday but others as well. um help us understand sort of where perplexity is going and what perplexity is doing differently um for example then how we should think about it relative to some of the large language models th ...
Palantir is still using Anthropic's Claude as Pentagon blacklist plays out, CEO Karp says
CNBC Television· 2026-03-12 14:30
The Department of War is planning to phase out Anthropic. Currently, it's not phased out. Our products are integrated with Enthropic and and uh and in the future, it will probably be in integrated with other large language models because of of this dispute. ...
Anthropic's Claude would 'pollute' defense supply chain: Pentagon CTO
CNBC Television· 2026-03-12 14:00
The other really subtle point that I think we're going to hear a lot about AI in the coming year, uh, insider threats, model poisoning. Remember, their their model has a soul, has a constitution. That's not the US constitution.The other day, their model was anxious. Uh, and they believe it has a 20% chance right now of being sentient and have its own ability to make decisions. So, do does the Department of War want something like that in their supply chain so that it could hallucinate, it could corrupt mode ...
Energy Secretary Chris Wright: U.S. 'not ready' to escort tankers through Strait of Hormuz yet
CNBC Television· 2026-03-12 13:41
US plans to release 172 million uh barrels of oil from the strategic petroleum reserve in an effort to lower energy costs uh during the Iran war. Joining us now uh is energy secretary Chris Wright. Mr.. Secretary, it's good to see you. Thanks for for hanging out talking about the play. You probably were listening to some of that, but we appreciate you you joining us this morning.>> You bet. Thanks for having me, Joe. >> I'm doing some some math here and thinking about the SPR.Uh we're only at 58% right now. ...
The debasement of purchasing power and our unit of account is 'horrendous', says Judy Shelton
CNBC Television· 2026-03-12 13:40
retraining, income assistance, relocation that give some >> INVESTORS ARE WONDERING HOW THE IRAN WAR COULD COULD IMPACT FUTURE RATE CUTS. ALSO IN FOCUS, GOP SENATOR THOM TILLIS NOT BACKING DOWN FROM HIS VOW TO BLOCK FED NOMINEES UNTIL THE DOJ ENDS ITS PROBE INTO JAY POWELL, BUT SAYING HE THOUGHT IT WAS GOING TO, I DON'T KNOW, PARAPHRASING, IT'S GOING TO WORK OUT ONE WAY OR ANOTHER. JOINING US NOW, JUDY SHELTON, INDEPENDENT INSTITUTE SENIOR FELLOW.JUDY, I THINK YOU PROBABLY LOOK AT THAT BUILDING AND MAYBE JA ...
Defense Undersecretary Emil Michael: Anthropic’s Claude would ‘pollute’ defense supply chain
CNBC Television· 2026-03-12 13:38
Our next guest is at the epicenter of the Pentagon's feud with anthropic. Joining us right now is Emil Michael. He is Department of Defense under secretary of research and engineering and he heads up the Pentagon's adoption of AI. He also led discussions with Anthropic and its CEO Daario Amode on the use of the company's AI models.And first of all, uh, Under Secretary Michael, thank you for being with us today. >> Good to see you, Becky. >> Good to see you, too.Let's walk back and try and figure out what ha ...
Energy Secretary Wright says U.S. 'not ready' to escort tankers through Strait of Hormuz yet
CNBC Television· 2026-03-12 13:30
It'll happen relatively soon, but it can't happen now. We're simply not ready. All of our military assets right now are focused on destroying Iran's offensive capabilities and the manufacturing industry that supplies their offensive capabilities.You know, we don't want this to be a brushoff for a year or two. We want to permanently destroy their ability to build missiles, to build drones, to have a nuclear program. It it is amazing.They have invested all of the wealth of their country, deprived the rights o ...
Dan Ives: This is the most disconnected trade I’ve seen in my career
CNBC Television· 2026-03-12 13:19
Why would anybody want to emulate software companies right now. I thought software companies are on their way out. >> I know.Look, I I think this continues to be, you know, I think a very white knuckle period for software companies because I think it's really an AI ghost trade. It's the view that these LLMs or anything that comes out is going to be the demise of software. I continue to view it as the most disconnected trade that I've seen in my career.I think it's just way oversold and I think this is going ...
Mad Money 03/11/26 | Audio Only
CNBC Television· 2026-03-12 00:24
Hey, I'm Kramer. Welcome to Mad Money. Welcome to Crime America.other people, my friends. I'm just trying to make a little bit of money here. My job is not just to entertain, but also to educate, to teach.Call me at 1800743 CBC. Tweet me at Jim Kmer. The war cannot be ring fenced.No matter what we do, I don't want to sugarcoat it. We can't avoid this issue. People are trying to dismiss the impact of the war or they're trying to see through it, see past it until it's over.They're saying that we've got 20 day ...