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Anthropic’s revenue continues to not only grow at an historic pace but also to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed $65 billion at the end of July, Bloomberg reported on Mond

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Credit: DIGITIMES European makers of vacuum pumps, heat exchangers, and industrial gases are seeing new demand from the rapid buildout of AI factories, according to Bloomberg... Keep me signed in Some subscribers prefer to save their log-in information so they do not have to ente

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Los Angeles Lakers governor Jeanie Buss is opposing the potential sale of her family's stake in the NBA team, contradicting an earlier ESPN report about the family's decision to sell to Bob Iger and Joshua Kushner. In a letter obtained by CNBC addressed to law firms representing

Watch: Why has Trump shifted on North Korea? President Donald Trump has said that the US will "substantially reduce" joint military exercises with South Korea, citing his "very good relationship" with North Korea's leader Kim Jong Un. The move comes after Trump expressed frustrat

A wave of South Korean investors is flocking to U.S. markets to avoid a correction at home, even as global investors pile in. Korean retail investors net sold domestic stocks for most of last week, even as the benchmark index entered bull market territory, according to Korea Exch

A wave of South Korean investors is flocking to U.S. markets to avoid a correction at home, even as global investors pile in. Korean retail investors net sold domestic stocks for most of last week, even as the benchmark index entered bull market territory, according to Korea Exch

Tributes to actress Hayden Panettiere as coroner finds 'no signs of trauma' - Published Tributes have been paid to actress Hayden Panettiere, star of US TV shows Heroes and Nashville, following her death at the age of 36. Oscar winner Viola Davis described Panettiere as an "amazi

To joke or not to joke?: How to write a good out-of-office message - Published You're finally about to head off on a well-earned break, but there's one more task to tick off your to-do list: composing an out-of-office reply. Many will be all too familiar with debating how much in

Guardiola-Walker fallout revealed in new documentary - Published A new documentary shows the moment Manchester City manager Pep Guardiola told his players that he was "incredibly sad" that captain Kyle Walker had asked to leave the club. In an emotional scene, the Spanish manager

Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses. Is the AI race about who can spend the most (the U.S.), or whose price is cheaper (China) thanks in part to st

Anthropic's annualized revenue run rate hit $65 billion at the end of July, CNBC confirmed on Monday, a sevenfold increase from a year ago. The Claude creator, which has seen its enterprise popularity surge, shared the figure in an update to investors over the weekend, according

Anthropic's annualized revenue run rate hit $65 billion at the end of July, CNBC confirmed on Monday, a sevenfold increase from a year ago. The Claude creator, which has seen its enterprise popularity surge, shared the figure in an update to investors over the weekend, according

Defense contracting giant L3Harris Technologies ousted CEO Chris Kubasik on Sunday after learning he engaged in "certain conduct ... that was not consistent with the values of the Company," the company said in a statement on Monday. L3Harris's board appointed Sam Mehta as CEO and

Nvidia reached a deal on Monday to provide up to $105 billion to backstop a new OpenAI data center in Ohio, as Big Tech ramped up its debt-fueled AI splurge. Much of that growing debt is held off hyperscalers’ balance sheets, and those credit arrangements themselves are growing m

German companies cut their US investments to a three-year low in the first half of 2026, Reuters reported, as firms limited their exposure to Washington’s uncertain trade policies. US President Donald Trump has often sought to weaponize trade flows as a source of leverage, leadin

China faced deepening economic headwinds in July, state data showed, as consumer spending and investment slumped further. China’s consistently weak domestic demand has long been outmatched by the country’s vast manufacturing capacity, leading firms to expand aggressively in — and

US consumption has remained remarkably strong despite higher fuel prices sparked by the war in the Middle East, though signs of strain have started to emerge. Beef sales fell in the 13 weeks leading up to mid-July, with consumers cutting back on eating out or opting for cheaper p

The Ebola outbreak in the DR Congo became the deadliest in its history, with the virus “killing someone every 30 minutes,” a UN official said. The current outbreak is spreading five times faster than previous ones: It took only three months for fatalities to hit 2,000, compared t

Sen. Bernie Sanders, I-Vt., is pitching a new bill to stop seniors from having money withheld from their Social Security checks due to unpaid federal student loan debt. Sanders announced the proposal on Monday and will formally introduce the bill — called the Stop Social Security

CNBC's Jim Cramer said Monday the AI boom has rewritten the rules for memory stocks and their massive rallies may not be over. "While I acknowledge that I am not early, I do not think I am late," the "Mad Money" host said. Memory stocks have been among the biggest beneficiaries o

CNBC's Jim Cramer said Monday the AI boom has rewritten the rules for memory stocks and their massive rallies may not be over. "While I acknowledge that I am not early, I do not think I am late," the "Mad Money" host said. Memory stocks have been among the biggest beneficiaries o

Foreign holdings of US Treasuries fell in June from the previous month, led by declines in the stockpiles owned by Japan and China. Overseas holdings dropped by $72.1 billion from May, according to data published by the Treasury Department on Monday. The total now stands at $9.3

The Centers for Disease Control and Prevention on Monday released data on the vaccination rates of US kindergarteners in the 2025–2026 school year, revealing that rates have once again decreased from the previous school year. Vaccination rates have been slipping since the 2019–20

Paramount Skydance will seek to force the states holding up its merger with Warner Bros. Discovery to pay for the fees and costs associated with the delay, according to a new filing in the antitrust case Monday. Paramount is requesting a $1.88 billion bond that would be posted by