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Yann LeCun blasts Musk’s xAI, says labs are risking ‘bubble explosion’

TazaPulseJune 18, 2026

Elon Musk‘s xAI is a “failure” that will be unable to compete on the frontier of artificial intelligence, Yann LeCun, founder of AMI Labs, told CNBC, as he laid out his view on what could cause a “big bubble explosion” in the industry. LeCun’s comments renew a long-running spat with Musk and cast doubt over...

Nearly 80% of data center capacity at elevated climate risk

TazaPulseJune 18, 2026

The Amazon Web Services IAD10 data center in Sterling, Virginia, May 31, 2026. Lexi Critchett | Bloomberg | Getty Images A huge slice of global data center capacity faces elevated risk to acute climate hazards, a study released Thursday shows. Those acute hazards, which hang over 79% of capacity, include severe climate-induced events such as...

US News

Intel stock rises after Trump touts U.S.-built chip deal with Apple

TazaPulseJune 18, 2026

Intel‘s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S. “Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories,” Trump said in a post on Truth...

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Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman

TazaPulseJune 18, 2026

New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. Eric Lee | Reuters The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting...

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SpaceX adds long-time Elon Musk ally Roelof Botha to board

TazaPulseJune 18, 2026

Roelof Botha speaks onstage during day one of TechCrunch Disrupt 2025 at Moscone Center on Oct. 27, 2025 in San Francisco, California. Kimberly White | Getty Images Less than a week after leading SpaceX through a record IPO, CEO Elon Musk has bolstered the rocket maker’s board with another longtime friend and ally, Roelof Botha....

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Kevin Warsh task forces are key to understanding the new Fed

TazaPulseJune 18, 2026

Kevin Warsh, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, June 17, 2026. Al Drago | Bloomberg | Getty Images Chairman Kevin Warsh’s 43-odd minutes at the Federal Reserve‘s podium Wednesday were intended to deliver the message that, slowly...

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Anthropic Google DeepMind CEOs call for U.S.-led AI coalition at G7

TazaPulseJune 18, 2026

CEO of Anthropic Dario Amodei attends a working lunch with G7 leaders, G7 outreach partners, and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty Images News | Getty Images Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis called for a...

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Fed interest rate decision June 2026: Fed holds rates steady

TazaPulseJune 17, 2026

WASHINGTON – Kevin Warsh‘s first meeting as Federal Reserve chairman concluded Wednesday with no change in interest rates, the removal of key language indicating a bias toward future cuts, and a dramatically shorter policy statement. The Federal Open Market Committee voted unanimously to keep its benchmark overnight borrowing rate anchored in a range of 3.5%-3.75%....

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Trump sabotages Senate bid to fast-track Clayton as DNI

TazaPulseJune 17, 2026

President Donald Trump on Wednesday said he will be “cancelling” the confirmation hearing for U.S. Attorney for the Southern District of New York Jay Clayton to become the director of national intelligence. It’s unclear why Trump is trying to delay Clayton’s confirmation hearing, scheduled for Wednesday afternoon. The president rolled through a list of grievances...

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Space race spurs luxury hotel land grab on Florida coast

TazaPulseJune 17, 2026

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. More...