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Why This Is The US Navy’s Most Controversial Warship

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The U.S. Navy has invested billions in the Littoral Combat Ship. But with unsolved problems and a murky mission set, will this close to shore surface combatant remain a key part of the Navy’s strategy?

The USS Freedom — the first Littoral Combat Ship, or LCS — was decommissioned after only 13 years in the fleet. This move appears to be at odds with the U.S. Navy’s goal of building up a force of 355 ships.

The LCS is designed for littoral areas, or water closer to shore. Larger ships have trouble operating in these areas because of the shallow water. But engine issues, mission module problems and the evolving state of the world have put the future of the ship in choppy waters.

Several older Littoral Combat Ships are also being decommissioned due to the high cost of upgrading them.

“The bottom line is, it’s a zero-sum game. Every dollar you spend to keep those [LCS’] going is $1 you can spend on these other, I think, higher priorities” said Rep. Adam Smith, D-Wash., chairman of the House Armed Services Committee.

To increase the vessel’s punch, the Navy has moved to add the Naval Strike Missile to some of the warships. It also decided to designate certain ships for specific missions, in contrast with the quick and swappable mission modules that were envisioned when the ship was first designed.

There are two variants of the Littoral Combat Ship: the Independence-class, an all-aluminum trimaran design, and the Freedom-class, which is a more traditional steel hull with an aluminum superstructure.

“Independence has been very successful deploying overseas to Singapore, in you know, in China’s backyard,” LCS Squadron Two commander Capt. David Miller said. “Starting in late 2019, the Freedom-class followed in the [U.S. Southern Command Area of Responsibility].”

The Freedom-class was plagued by an engine issue that related to the combining gear, a complex piece of machinery that ensures that the multiple engines on the ship can function together. The Navy and Lockheed Martin are working to fix the problem in future ships that are waiting to be commissioned into the fleet, and those that have yet to be constructed.

“In a nutshell, we are running on track to get to put that problem behind us and move on with the future of the freedom class,” Miller said.

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Can The Navy Fix Its Most Controversial Warship?

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Nvidia In Crisis: The Rise Of Jensen Huang’s Empire At The Center Of The AI Boom

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Nvidia is facing the biggest crisis in its 33 year history, with founder Jensen Huang resigning as CEO Thursday after admitting to having an affair with alleged Chinese spy Alice Huang, and accusations of two more affairs with employees inside his company. Now CFO Colette Kress has taken the helm as Nvidia’s interim CEO.

The implications of Jensen Huang’s affair with Alice Huang run far deeper than infidelity because her ties to Nvidia customer Megaspeed put her in the middle of a sprawling effort to accumulate AI chips across Southeast Asia. And Megaspeed is under investigation for possibly diverting restricted Nvidia chips into the hands of Chinese companies.

The relationship between Jensen Huang and Alice Huang dates back to 2023, according to The New York Times. It was a “turbulent” time for Nvidia, Jensen Huang told CNBC during an interview at the time, as the company navigated the first in a series of strict export controls the Biden administration placed on sending its most advanced chips to China.

On that same day we interviewed Jensen Huang in 2023, we also interviewed Huang’s direct report Kimberly Powell, Nvidia’s vice president of healthcare, with whom Jensen Huang is accused of having an affair.

Three years later, the long-time Nvidia CEO and founder has resigned, and CNBC takes a look back at our interviews with Jensen Huang and other Nvidia executives to get a clear picture of where Nvidia stands today, and all it stands to lose.

Chapters:
0:00 Introduction
3:10 Before the fall of Jensen Huang
10:02 ChatGPT boom to China bans
13:45 China and other risks

Producer and Reporter: Katie Tarasov
Edited by: Erin Black
Camera: Andrew Evers
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: AMD, Getty Images, ImageNet, Intel, MoMA, Nintendo, Nvidia, Stanford University, TSMC

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Nvidia In Crisis: The Rise Of Jensen Huang’s Empire At The Center Of The AI Boom

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FLEX CEO: An Innovation Powerhouse | Mad Money | CNBC

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A company that has its hands in nearly every industry & touches the tech from your phone to your home. But there’s another catalyst that has Jim Cramer excited.
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FLEX CEO: An Innovation Powerhouse | Mad Money | CNBC

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Anthropic’s Breakneck Rise: What To Know Before The IPO

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Anthropic began its journey as an under-the-radar research lab founded in 2021 by seven former OpenAI employees. Now, the company is poised to launch an historic public debut that could set the tone for the AI trade in 2027 and test investors’ appetite for an entirely new asset class. The company that brought the world Claude reported more than $33 billion in revenue for the first nine months of 2026 in its updated IPO prospectus, but also disclosed nearly $900 billion in compute and infrastructure commitments and 90-plus pages of potential risks. CNBC explores Anthropic’s rapid rise, its rivalry with OpenAI and its clash with the Pentagon, and what its public debut could mean for the AI trade.

Chapters:
0:00 Introduction
0:32 – 1:51 Origins
1:52 – 4:16 The focus on enterprise
4:17 – 6:17 Risk Factors

Produced by: Drew Troast
Technology Correspondent: Kate Rooney
Edited by: Matt Soto
Animation: Mallory Brandan, Jason Reginato
Senior Director of Video: Jeniece Pettitt

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Anthropic’s Rise: What To Know Before The IPO

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How 3D Printing Is Transforming The Auto Industry

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Automakers are increasingly using 3D-printed car parts. In a process called additive manufacturing, printers create objects from a digital design by layering materials like plastic, carbon and metal. This process can produce a wide range of items from motors and steering wheels to assembly tools. Watch the video to learn more about how car companies are using 3D printers to enhance production.

Producing and Camera by: Michael Wayland
Edited by: Ryan Baker
Senior Managing Producer: Tala Hadavi
Additional Footage: Ford, Rivian, Getty Images

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How 3D Printing Is Saving Auto Makers Millions

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CNBC price updates: Markets, trade talks and tech stocks — (08/29/2018)

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Watch updates on major stock market averages and tech stocks as trade talks progress on between the U.S., Canada and Mexico.

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CNBC live price updates: Markets, trade talks and tech stocks — Wednesday, Aug. 29 2018 | CNBC

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