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Digital render of NEOM’s The Line project in Saudi ArabiaThe Line, NEOMWhen Saudi Arabia first announced plans to reinvent its oil-based economy, huge infrastructure projects like the futuristic region NEOM and smart city The Line were championed as central to the transformation.Almost a decade on from the launch of its “Vision 2030″ transformation strategy, however, and Riyadh’s priorities have shifted with the times.Now, technology and artificial intelligence are key priorities for the kingdom.”We’re reprioritizing a little bit towards sectors that need it the most, and today it’s technology, artificial intelligence,” Faisal Alibrahim, Saudi’s economy minister, told CNBC Wednesday.”We want to…

Launching your professional career after college can be difficult, especially if you’re graduating into a challenging job market. And if simply landing a job isn’t stressful enough, new research shows that first job can have a lasting impact on your earning power. Every additional $1,000 students earn in their first job out of college translates to an additional $700 in annual earnings five years after graduating, a new National Bureau of Economics Research paper finds.Since career and salary progression tend to be cumulative, starting your career in a low-paying or low-value job can make it difficult to catch up to workers…

Cfoto | Future Publishing | Getty ImagesCharacter.AI on Wednesday announced that it will soon shut off the ability for minors to have free-ranging chats, including romantic and therapeutic conversations, with the startup’s artificial intelligence chatbots.The Silicon Valley startup, which allows users to create and interact with character-based chatbots, announced the move as part of an effort to make its app safer and more age-appropriate for those under 18.Last year, 14-year-old Sewell Setzer III, committed suicide after forming sexual relationships with chatbots on Character.AI’s app. Many AI developers, including OpenAI and Facebook-parent Meta, have come under scrutiny after users have committed suicide…

Oct 29, 2025, 08:42 AM ETVinícius Júnior has apologised to Real Madrid fans for his reaction at being substituted during the team’s Clásico win over Barcelona.ESPN previously reported that Vinícius had decided to apologise for his actions and the Brazil international later said in a post on social media that he regretted his actions.The forward was withdrawn by coach Xabi Alonso in the 72nd minute of the 2-1 LaLiga victory at the Bernabéu on Sunday — replaced by Rodrygo — and responded angrily, gesticulating and shouting repeatedly as he left the pitch, and heading straight for the dressing room.ESPN has…

Check out the companies making headlines in premarket trading. Nvidia — Shares climbed 3.5% in Wednesday’s premarket trading, building on the rally of around 5% seen in the prior session. The chipmaker is now closing in on the $5 trillion market cap milestone , which no other company has hit before. Boeing — The aerospace company whipsawed after it reported its latest quarterly results. For the third quarter, Boeing posted $23.27 billion in revenue, above the $21.97 billion that analysts surveyed by LSEG were expecting. However, it posted a steeper loss than expected, reporting $7.47 in adjusted loss per share…

Jeff KassoufOct 29, 2025, 08:22 AM ETCloseJeff Kassouf covers women’s soccer for ESPN, focusing on the USWNT and NWSL. In 2009, he founded The Equalizer, a women’s soccer news outlet, and he previously won a Sports Emmy at NBC Sports and Olympics.The ink had barely dried on the paperwork for the blockbuster transfer of forward Alyssa Thompson to Chelsea, from Angel City FC, before U.S. women’s national team coach Emma Hayes was in New York to address the NWSL’s board of governors.Hayes already knew that some NWSL executives were suggesting she was telling USWNT players that they needed to play…

Jensen Huang, chief executive officer of Nvidia Corp., during a Bloomberg Television interview at the Nvidia AI summit in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Hand over fistNvidia took center stage yesterday — literally and figuratively. In addition to inking deals with multiple well-known companies, CEO Jensen Huang made a major domestic production announcement during the chip titan’s technology conference.Here’s the full rundown:Nokia said Nvidia is…

The Etsy NYC headquarters building is seen in New York City.Michael M. Santiago | Getty Images News | Getty ImagesEtsy CEO Josh Silverman will step down from his position and move to the role of executive chairman at the end of the year, the online marketplace said Wednesday.Kruti Patel Goyal, Etsy’s president and chief of growth who previously oversaw its Depop resale app, will take the helm at Etsy effective Jan. 1, 2026, the company said.Etsy shares fell 12% Wednesday following the news, which was announced alongside its third-quarter earnings report. The company posted a beat on the top and…

Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025.David A. Grogan | CNBCOpenAI on Wednesday announced two reasoning models that developers can use to classify a range of online safety harms on their platforms. The artificial intelligence models are called gpt-oss-safeguard-120b and gpt-oss-safeguard-20b, and their names reflect their sizes. They are fine-tuned, or adapted, versions of OpenAI’s gpt-oss models, which the company announced in August. OpenAI is introducing them as so-called open-weight models, which means their parameters, or the elements that…

A Debut Biotech petri dish.Courtesy: Debut BiotechIn a lab tucked away in southern California, scientists at Debut Biotech are testing molecules using advanced biotechnology to create new skincare formulations.The San Diego-based company, founded nearly seven years ago, is pioneering new ingredients to specially target various aspects of skin health. One of the company’s latest innovations, an ingredient named EDL, will be used in a new skin-tightening product with Image Skincare scheduled to hit the shelves next year, CNBC has learned.”The reason why we exist is we do believe that biology can make better things and it can deliver sustainable performance…