Author: Editor

This as-told-to essay is based on a conversation with Kristin Ginn, founder of trnsfrmAItn, an AI adoption consulting company. The following has been edited for length and clarity. Loading audio narration… I have worked in corporate marketing for nearly a decade and have no experience running a business. That all changed when I came up with an idea for a consulting business while working in product marketing for AI at Microsoft.I decided to explore a solo venture where I could help companies with their AI rollouts from a human perspective. At first, I wasn’t sure if that was something they…

Read More

A Spirit Airlines airplane at Baltimore Washington International Thurgood Marshall Airport (BWI) in Baltimore, Maryland, US, on Saturday, May 2, 2026.Daniel Heuer | Bloomberg | Getty ImagesSpirit Airlines’ more than three-decade run ended over the weekend, but on Tuesday it was just starting the monthslong process of dismantling the company after the biggest U.S. airline collapse in a generation.Spirit and its stakeholders were in bankruptcy court in White Plains, New York, to start that process, which will take months.The carrier filed a cumulative wind-down budget of around $217 million, though that number could change. The budget went out to February…

Read More

Dario Amodei, CEO and co-founder of Anthropic, left, and Jamie Dimon, CEO of JPMorgan Chase.Denis Balibouse | Reuters | Samuel Corum | Bloomberg | Getty ImagesAnthropic CEO Dario Amodei warned Tuesday that artificial intelligence has created a narrow window for the world’s tech firms, governments and banks to fix tens of thousands of software vulnerabilities found by his company’s latest model.That AI model, Mythos, was previewed last month along with the disclosure that it had unearthed decades-old vulnerabilities in crucial software.Since AI models from geopolitical adversary China are “maybe six to 12 months” behind the Anthropic product, there is “roughly…

Read More

A still from an FBI promotional video (left) bears a strong resemblance to the opening shot of the original 1994 music video for the Beastie Boy’s “Sabotage” (right). NPR found at least six examples where shots in the FBI video matched those in music video. Experts say the most likely explanation is that AI-was used to re-create the shots. Screenshots by Emily Bogle for NPR/X and YouTube hide caption toggle caption Screenshots by Emily Bogle for NPR/X and YouTube A promotional video for the FBI posted by director Kash Patel appears to have used AI to generate short clips nearly…

Read More

The US economy is increasingly reliant on just two things to drive continued growth and the Iran war is a threat to both, Bank of America says. Loading audio narration… Consumer spending and AI capex are major engines of GDP in the last several years. The bank said it expects both to continue contributing, but warned that the Iran war is a major headwind. “Our base case is that the consumer will remain resilient and the AI tailwind will strengthen this year,” BofA economists wrote.”But we caution that the Iran war could derail both spending (via inflation) and AI capex…

Read More

Florida Gov. Ron DeSantis speaks during a press conference in front of posters of people that law enforcement arrested, held at the ICE Enforcement and Removal Operations office on May 1, 2025 in Miramar, Fla. Florida has issued its own financial incentives to encourage more local police cooperation with ICE. Joe Raedle/Getty Images North America hide caption toggle caption Joe Raedle/Getty Images North America At a press conference in March, Florida Chief Financial Officer Blaise Ingoglia, flanked by American flags, had a collection of large checks to give out. The money was part of a pool of $250 million from…

Read More

LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next generation of EVs that CEO Jim Farley has described as industry-defining products.Ford’s push comes despite a massive slowdown in EV adoption, $19.5 billion in electric vehicle restructuring charges for the company, the elimination of U.S. consumer incentives to buy EVs and the company’s leading EV executive abruptly departing.”Agility is key,” Ford’s EV product leader, Alan Clarke, told CNBC during an interview at the company’s new Electric Vehicle Development Center in Long…

Read More

Michael Burry says he’s given up on GameStop — and ramped up his bet against Palantir. Loading audio narration… “I sold my entire GME position,” the investor of “The Big Short” fame wrote in a Monday post on his Substack, adding that it was the first full position he’s exited since he pivoted from running a hedge fund to writing online late last year.”Any which way I sliced it, the Instant Berkshire thesis was never compatible with >5x Debt/EBITDA, never ok with interest coverage under 4.0x,” he wrote.”Instant Berkshire” is Burry’s idea for GameStop CEO Ryan Cohen to emulate Warren…

Read More

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. Even as more local communities rise up against the proliferation of massive, energy- and water-sucking data centers, some big players in housing are betting consumers would be willing to put mini data centers right on the walls of their homes. Span is a California-based startup that…

Read More

Lawyers have always been professional delegators. Loading audio narration… Partners give work to associates who hand down tasks to junior lawyers and paralegals. Winston Weinberg, the CEO of Harvey, thinks artificial intelligence agents are about to become the next link in that chain of command.That is the idea behind Harvey’s latest product push. The $11 billion legal software startup made its name with software that lets lawyers chat with documents and ask legal research questions. Now, Harvey is moving deeper into agents — software that uses AI to perform tasks on behalf of users.The company tells Business Insider exclusively it…

Read More