Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei,Getty Images | CNBCA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Artificial intelligence startups have minted dozens of new billionaires this year, adding to an AI boom that’s quickly becoming the largest wealth creation spree in recent history.Blockbuster fundraising rounds this year for Anthropic, Safe Superintelligence, OpenAI, Anysphere and other startups have created vast new paper fortunes and propelled valuations to record levels. There are now 498…
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Sales tax free week at the Connecticut Post Mall, in Milford, Conn. Aug. 19, 2024.Connecticut Post/hearst Newspapers | Hearst Newspapers | Getty ImagesEvery year, a handful of states offer shoppers a temporary tax break to encourage spending. This year, some of those “sales tax holidays” are happening as President Donald Trump’s tariffs threaten to hike prices.These holidays waive state sales tax (and sometimes local levies) on certain purchases for a set period. While eligible items vary by state, many include categories like back-to-school shopping or supplies for disaster preparedness.”Sales tax holidays are politically popular because everyone likes tax relief,” said Katherine…
The rise of generative AI and large language models has drastically shifted the cybersecurity landscape, empowering attackers with easy-to-use tools that can create realistic video and voice deepfakes, personalized phishing campaigns, and malware and malicious code. That has opened the door for AI on the defense as well. As agentic AI becomes more deeply embedded in the enterprise in areas like finance and legal, cybersecurity AI agents are on the rise, too, becoming a key asset for detection, analysis, and alerts. “It’s a massive challenge to detect, contain, investigate and respond across larger companies,” said Brian Murphy, CEO of cybersecurity technology company ReliaQuest.…
Concerns over a potential plunge in web traffic due to artificial intelligence — and its impact on many businesses — may have been overblown. The proliferation of artificial intelligence tools in web navigation have raised concern that Google, as well as companies that rely on consumers reaching them through search results, could see their business take a hit. A study by the Pew Research Center found that users who encounter an AI summary when searching are about half as likely to click on a traditional search result than those who aren’t met with one. Another survey from Bain found that…
Goldie Chan knows how to put herself out there.Chan, the founder and head of content for branding agency Warm Robots, is also an author, a frequent keynote speaker and a LinkedIn Top Voice.Still, she describes herself as an introvert at heart — which presented a challenge in growing her career.”I think a lot of people underestimate introverts in the workplace,” she says.According to Chan, building a personal brand was key to her success. Earlier in her career, Chan worked “completely behind the scenes” in various marketing and social media roles, she says.In 2017, she began posting short videos about pop…
Ever dreamed of taking a sabbatical from your career and traveling the world?Jason Lee and his wife Katie did that when, in July 2024, they moved themselves and their son from Columbus, Ohio, to Taipei, Taiwan.Jason and Katie, both 34, came up with the idea after they brought Forrest, now 6, to visit his paternal grandparents in Taiwan when he was an infant.They spent eight weeks together while Jason took paternity leave and saw how special it was for his parents to bond with their grandson.Jason tells CNBC Make It that during their tearful goodbyes at the airport at the…
There’s still too little visibility from a policy perspective for investors to plant their feet in one direction or the other as stock valuations sit at record highs, according to BNY head of market strategy Robert Savage . Savage noted that picking between sticking with sky-high valuations and looking for value in an expensive market isn’t a black and white decision. The S & P 500 currently trades at a forward price-to-earnings ratio of about 22 times, near the top of its historical average over the past 20 years, when it’s averaged about a 16 times multiple, according to FactSet…
J.B. Pritzker, Gov. of Illinois, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023. Adam Galica | CNBCIllinois Gov. JB Pritzker slammed President Donald Trump as a “cheater” and Texas Gov. Greg Abbott as a “joke” days after welcoming Texas Democrats who fled their state in protest of GOP-led redistricting efforts.”Governor Abbott is the joke,” Pritzker, a Democrat, told NBC News’ “Meet the Press” in an interview that aired Sunday in response to Abbott calling Illinois’ congressional map a “joke.””He’s the one who is attempting mid-decade here — at a time when, frankly, all of us…
The logos of Google Gemini, ChatGPT, Microsoft Copilot, Claude by Anthropic, Perplexity, and Bing apps are displayed on the screen of a smartphone in Reno, United States, on November 21, 2024.Jaque Silva | Nurphoto | Getty ImagesIn the world of online payments, the buzzword these days is frictionless, as companies entice customers with increasingly convenient online payment options. Think the online equivalent of a biometric handwave: the fewer steps involved, the more customers will buy, experts say. With that aim in mind, the growing presence of generative AI such as ChatGPT in the shopping ecosystem may next take a shape that…
The Chevron logo is seen at a gas station on July 18, 2025 in Austin, Texas.Brandon Bell | Getty ImagesThe Trump administration’s fluctuating trade policies add uncertainty into the economy, but investors seeking stable income can look at dividend stocks to bolster their portfolios.To this end, the recommendations of top Wall Street analysts can help investors pick the dividend stocks that support consistent payments.Here are three dividend-paying stocks, highlighted by Wall Street’s top pros, as tracked by TipRanks, a platform that ranks analysts based on their past performanceChevronThe first dividend-paying company in this week’s list is energy giant Chevron (CVX). The company recently…
