Squawk on the Street

We speak to Senator Richard Blumenthal about how he's looking at regulating AI right now. Then, early Facebook and Google investor Roger McNamee shares why he thinks AI companies are trying to scare the government into saving them. Plus, we break down what's ahead for the crypto industry after the Clarity Act failed to advance in the Senate.
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Cramer says this tech giant’s new product will be how consumers ‘do everything’. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake

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The Defense Department’s Under Secretary for Research and Engineering and CTO, Emil Michael, joins Squawk on the Street as the AI pacing debate intensifies, with Anthropic CEO Dario Amodei doubling down at Dreamforce on the need for a slowdown. Michael leading the Pentagon’s decision to blacklist Anthropic earlier this year. Plus, it’s Fed decision day, with former Atlanta Fed President Dennis Lockhart discussing the outlook for rates. And one industry executive sounds the alarm over soaring fuel costs, comparing the spike to something out of a “science fiction movie.”
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The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
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The Club tells investors these two chip behemoths are still a buy. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake
CNBC Investing Club Disclaimer

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.