"You can already buy a humanoid today, which gives you a payback period versus human workers of less than 10 weeks," a former Citi executive told CNBC.

India has postponed a trade visit to Washington, with negotiators seeking to evaluate recent developments following the US's decision to raise global import tariffs.

"You could see easily a world where maybe most of the world's population is running on a Chinese tech stack in five to 10 years time," one analyst told CNBC.

Rabat – FIFA president Gianni Infantino says the 2026 World Cup will be played in front of sold‑out crowds.  He told CNBC that FIFA has already received more than one million ticket requests for 77 of the 104 matches scheduled across the United States, Canada, and Mexico this summer. Infantino said overall demand has reached […] The post Infantino Says World Cup Ticket Demand Tops One Million Per Game appeared first on Morocco World News.

Companies are exploring new strategies, from theme parks to business partnerships, to engage with China's expanding consumer base, particularly in the experiences economy, as the Lunar New Year approaches.

According to Aberdeen's Ben Ritchie, an indiscriminate market sell-off is creating attractive buying opportunities for investors in quality stocks.

Google's AI boss Demis Hassabis said the memory market came down to "a few suppliers of a few key components." PONTUS LUNDAHL/TT NEWS AGENCY/AFP via Getty Images Google DeepMind CEO Demis Hassabis said that the "whole supply chain" for memory chips is constrained. "You need a lot of chips to be able to experiment on new ideas," Hassabis told CNBC. Google produces its own TPUs, but Hassabis said that there were still "key components" that were supply-constrained. The memory shortage takes no prisoners. Even Google isn't immune. AI companies are duking it out for greater and greater quantities of memory chips. The problem? The industry is heavily supply-constrained. Costs have skyrocketed, products have been tied up, and some companies — especially those in consumer electronics — are increasing prices. On the AI front, Google DeepMind CEO Demis Hassabis told CNBC that physical challenges were "constraining a lot of deployment." Google sees "so much more demand" for Gemini and its other models than it could serve, he said. "Also, it does constrain a little bit the research," Hassabis said. "You need a lot of chips to be able to experiment on new ideas at a big enough scale that you can actually see if they're going to work." Researchers want chips, whether they work at Google, Meta, OpenAI, or other Big Tech companies, and memory is a key component. Mark Zuckerberg said that AI researchers demanded two things beyond money: the fewest number of people reporting to them, and the most chips possible. Hassabis said that wherever there was a capacity constraint, there was a "choke point." "The whole supply chain is kind of strained," Hassabis said. "We're lucky, because we have our own TPUs, so we have our own chip designs." Google has long built TPUs — Tensor Processing Units — for internal use. The company also leases them to external customers through its cloud, which has also put Nvidia on edge. But even access to their own TPUs won't save Google from having to navigate the highly competitive memory market. "It still, in the end, actually comes down to a few suppliers of a few key components," Hassabis said. Three suppliers dominate memory chip production: Samsung, Micron, and SK Hynix. These companies are struggling to meet demand for chips from AI hyperscalers without dropping their longtime electronics customers. It doesn't help that AI companies mainly want a different type of memory chip than PC manufacturers do. Large language model producers want HBM (high-bandwidth memory) chips. Don't expect Google's spending on AI infrastructure and chips to go down anytime soon. On its fourth-quarter earnings call, the company projected capital expenditures of $175 billion to $185 billion for 2026. Read the original article on Business Insider

Eric Trump and Donald Trump Jr. told CNBC on the sidelines of the World Liberty Forum to explain why they think the U.S. needs an alternative to the dollar.

Samir Hussein/Getty Images Billionaire rapper Jay-Z loves luxury watches; the rarer and harder to get, the better. His collection includes timepieces from Audemars Piguet, Richard Mille, and Patek Philippe. He's even worn watches valued at $1 million to attend events like the Grammy Awards. Jay-Z, born Shawn Carter, has long mentioned his love of luxury timepieces in his songs. You can find references to Rolex, Audemars Piguet, and Hublot throughout his decades-long music catalog. He doesn't only flash watches in his lyrics, though. The billionaire rapper, who has a $2.5 billion net worth, has amassed quite a collection of statement timepieces. The $1,075,652 Patek Philippe Grand Complication 5304-301R he wore at the 2025 Grammys was just one of them. Here's a look at that watch and other items included in his watch collection. Jay-Z has a Patek Philippe Grand Complication 5304-301R that retails for more than $1 million. Jay-Z wears a Patek Philippe to the Grammys in 2025. Kevin Mazur/Getty Images for The Recording Academy ; Patek Philippe Jay-Z is a big fan of Patek Philippe watches. He wore one with a rose-gold case and dozens of diamonds for the 2025 Grammys. Its face includes several functions, such as days of the week and moon phases, that help keep a perpetual calendar for tracking the date. The calendar automatically adjusts for leap years and accurately counts the days until 2100, according to GQ. The hand-stitched strap is made of alligator leather. Beyoncé reportedly gifted him a Hublot Big Bang. Hublot Jay-Z quite literally announced his love of Hublot in the 2011 song "Otis," where he pronounced, "New watch alert: Hublot." Perhaps it was prophetic. In 2012, his wife and fellow artist Beyoncé gifted Jay-Z a $5 million Hublot Big Bang in 18-karat white-gold for his 43rd birthday, according to jewelry blogs. The watch was encrusted with 1,282 diamonds, and it took more than 14 months to assemble, the Grand Prix d'Horlogerie de Genève, a foundation that highlights contemporary watches with awards and exhibitions, reported. It also took more than a year to source all the diamonds. A year later, the Swiss watchmaker collaborated with the rapper to design a timepiece under his name. Jay-Z wore his own Hublot watch onstage in 2013. Hublot/Adam Bettcher/Getty Images Hublot released the Shawn Carter Hublot Classic Fusion in yellow gold and black ceramic in 2013. The former watch was priced at $33,900, and the latter at $17,900. The collection was limited to just 350 total pieces, according to GQ. You can't miss his Richard Mille 56 Blueprint watch. Gotham/GC Images via Getty Images/Richard Mille Jay-Z's custom Blueprint Richard Mille 56 watch required more than 3,000 hours to produce, GQ said in 2019. No wonder it cost $2.5 million. During a 2019 show in his hometown of Brooklyn, the rapper freestyled a tribute to the timepiece: "Blueprint on my wrist cost 2.5/Only thing that flips the script between you and I." The rapper later purchased another one-of-a-kind Richard Mille piece — this time in green. Rich Schultz/Getty Images What was the price of that Richard Mille 56 watch? $3 million, according to Complex. Or at least, that was its retail value. Alex Todd, who customized the watch, told the outlet that its monetary value is higher. It was custom-made for Jay-Z and featured rare green sapphire crystals. Jay-Z eventually expanded his collection of Richard Mille watches. The Richard Mille RM011 Felipe Massa watch. Richard Mille He did so with an RM011 Felipe Massa Chronograph in rose gold. The watch was originally released in 2007 and was designed with its namesake, F1 driver Felipe Massa, the brand said on its website. The timepiece is meant to invoke a racing aesthetic and the sport's history of tech innovation. Its crown "resembles a smooth tyre encircling a spoked wheel rim," the maker said. Mille is no longer making this model, but you can get a used one for $215,000. He's worn Richard Mille pieces to attend major sporting events, like the US Open. Richard Mille/Matthew Stockman/Getty Images Jay-Z wore the Richard Mille RM027 Rafael Nadal to watch its namesake take on Novak Djokovic at the 2011 US Open championships. It was designed to be as lightweight as possible and take on all the wear and tear a tennis superstar like Nadal might put it through, Richard Mille said. Nadal referred to it as his "second skin" timepiece. There were only 50 of these watches made at the time, according to Mille. You can buy one on the secondary market for $1.95 million. Nadal collaborated with Richard Mille on several additional versions of this timepiece that the rapper later acquired. Jay-Z has also worn the Richard Mille Rafael Nadal 27-01, which has an anthracite casing. His collection also includes Audemars Piguet watches. Audemars Piguet Royal Oak Audemars Piguet Jay-Z shouted out Audemars Piguet in his 2011 "Watch the Throne" track "N—s in Paris," saying: "Ball so hard, got a broken clock / rollies that don't tick-tock / Audemars that's losing time / hidden behind all these big rocks." He's also worn the brand. Included in his collection is the Audemars Piguet Royal Oak Perpetual Calendar Openworked 26585CE. It has an openwork sapphire dial, rose gold dial markers, a black ceramic band and case, and a titanium clasp. You can buy one from the watchmaker, but it's "price upon request" — or, in other words, wildly expensive. To get it on the secondary market, you'll need to shell out over $375,000. Patek Philippe watches can be tough to buy, but not for Jay-Z. The Patek Philippe Sky Moon Tourbillon 6002R watch. Patek Philippe When describing the Patek Philippe 6002 Sky Moon Tourbillon watch on its website, the brand notes the extensive detail that went into creating the timepiece. Some of the highlights include handmade engravings, a double-face design, a retrograde perpetual calendar, a sky chart, and more. It's one of the most technically complicated Patek Philippe watches, and its price is only available "on request." However, used versions of the watch can be found on the secondhand market for prices between $4 million and $6 million. Jay-Z wore his model to Lebron James' 39th birthday party. Jay-Z picked up a Tiffany and Co. x Patek Philippe collab in 2021. The Patek Philippe Tiffany watch. Tiffany & Co. The Patek Philippe Nautilus 5711 in Tiffany Blue initially retailed for $52,635, but since only 170 were made, the price skyrocketed on the secondary market. Days after the watches sold out, one was auctioned off for $6.5 million, CNBC reported in 2021. Jay-Z and Beyoncé were named Tiffany ambassadors that year. In 2023, the musician wore one of the rarest Audemars Piguet pieces. An Audemars Piguet Royal Oak 25594ST "Yves Klein" watch. Audemars Piguet The "Yves Klein" version of the Audemars Piguet Royal Oak 25594ST watch is an ode to the French artist. He's widely known for developing his own vibrant shade of blue — international Klein blue 191. The Royal Oak design features a perpetual calendar, which keeps track of everything from the time and date to the moon's phases. It's a popular style in its own right, but the Yves Klein version is especially rare. Few are rarely found on the resale market. He also sported a unique Patek Philippe that year. A Patek Philippe Perpetual Calendar Split Seconds Chronograph 5004P watch. Patek Philippe Jay-Z sported the Perpetual Calendar Split Seconds Chronograph 5004P watch during a decadent, seafood tower-filled lunch meeting with DJ Khaled in 2023. The watch is modeled on Patek Philippe's first perpetual calendar watch, released in 1996. The particular watch that Jay-Z has, the 5004P model with a silver link band, is nearly impossible to find, but it was valued at $600,000 in 2022, according to IFL Watches. The most intricate Patek Philippe watch belongs to Jay-Z. Jay-Z wearing the Patek Phillipe Grandmaster Chime Reference 6300G in 2019. Patek Philippe/Kevin Mazur/Getty Images for Sean Combs The Grandmaster Chime is considered Patek Philippe's most complicated watch, with more than 1,500 individual components. The company made the watch in 2014 to commemorate its 175th anniversary, and only seven were produced. Six went to the watchmaker's most dedicated collectors (who apparently had to apply for the privilege of buying one), while the seventh went to the company's museum in Geneva. Patek Philippe then went on to make the Grandmaster Chime in other fabrications. Jay-Z has the white gold version, which runs around $2.5 million, according to reports. He acquired the Patek Philippe 2499 in a tight-lipped deal. A Patek Philippe 2499 went up for auction in 2011. Harold Cunningham/Getty Images Patek Philippe produced this watch in limited quantities from 1950 to 1985. Only 349 were made. Jay-Z's Patek Philippe 2499 was previously owned by Swedish watch collector and dealer Tony Kavak, who had a yellow-gold band specially made for the piece. As Kavak tells it, the watch wasn't initially for sale. "The watch is so exclusive that I often chose not to wear it in public, and I always wear my watches, that's my philosophy," Kavak told watch site Bezl. But he knew Jay-Z was the right person to own the watch, he added. "You should have seen his happiness," Kavak said in an interview with watch blog Hodinkee. "It just reminded me of how happy I get when I find something rare myself." Neither Kavak nor Jay-Z would reveal the deal's cost, but in 2022, a similar watch sold at auction for $7.68 million. He wore two different F.P. Journe pieces to the 2026 Super Bowl. Jay-Z photographs his daughter at the 2026 Super Bowl. Carlos Avila Gonzalez/Getty Images His first FP Journe Tourbillon Souverain was set with 93 baguette diamonds circling it and even more across its face, according to Celeb Watch Spotter. Jay-Z wore the piece for a meeting with Tom Brady. His wife Beyoncé later shared photos from Super Bowl weekend on her website. They included a close-up shot of another FP Journe Tourbillon Souverain watch, this one in green, on Jay-Z's wrist. Read the original article on Business Insider

Snap is planning to introduce creator subscriptions as a new revenue stream, aiming to diversify its income sources beyond traditional advertising.

Gong Cha's founder said he opened his first few stores in strategic locations. Smith Collection/Gado/Getty Images Bubble tea chain Gong Cha's founder said he banked on Starbucks' success to get his first customers. He said he opened stores in South Korea next to Starbucks outlets to get a fraction of its customers. The bubble tea chain now has nearly 2,200 stores in 33 countries. The founder of the bubble tea brand Gong Cha said he had a novel idea to get his first patrons through the door. In an interview with CNBC, Martin Berry, the founder and chairman of Gong Cha group, spoke about how he came across one of the chain's outlets in Singapore before it became a global boba behemoth. Berry said he and his wife pooled $2.5 million of their savings to open the first five Gong Cha franchise stores in South Korea, a venture he said was "quite terrifying." Berry quit his banking job to go all in on bubble tea. To get his first customers in Seoul, he decided to get Starbucks' help. "So my strategy was, I'm going to put a Gong Cha — the first five stores — next to Starbucks," Berry told CNBC. "And if I can get one in a hundred people who are going into Starbucks to come and try a Gong Cha, then I've got a business." Gong Cha was founded in Taiwan in 1996 by Wu Zhenhua, and Berry entered the business in 2011 to expand the brand to South Korea and other countries. As of January, the chain had about 2,200 stores in 33 countries, including the US and Canada. The chain is known for its fragrant, fruity teas and its milk foam topping. Bubble tea brands have seen large success in recent years, with several making splashy IPOs. Mixue, the world's largest fast-food chain that sells cheap bubble tea and ice cream, has more than 45,000 stores worldwide and just opened its first outlet in New York City at the start of the year. It went public in Hong Kong last March, with its stock jumping 30% from its IPO price at market open. Other Asian beverage brands, like Luckin Coffee, have positioned themselves as Starbucks' rivals, offering similar drinks at lower prices. Luckin Coffee expanded to the US last year, with several outlets in NYC. Read the original article on Business Insider