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The AI Boom’s Multi-Billion Dollar Blind Spot

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AI reasoning models were supposed to be the industry’s next leap, promising smarter systems able to tackle more complex problems. Now, a string of research is calling that into question. In June, a team of Apple researchers released a white paper titled “The Illusion of Thinking,” which found that once problems get complex enough, AI reasoning models stop working. Even more concerning, the models aren’t “generalizable,” meaning they might be just memorizing patterns instead of coming up with genuinely new solutions. Researchers at Salesforce, Anthropic and other AI labs have also raised red flags. The constraints on reasoning could have major implications for the AI trade, businesses spending billions on AI, and even the timeline to superhuman intelligence. CNBC’s Deirdre Bosa explores the AI industry’s reasoning problem.

Chapters:
00:00 Introduction
1:16 Is reasoning overhyped?
6:23 AI trade at risk
9:29 The superintelligence illusion

Anchor: Deirdre Bosa
Produced by: Jasmine Wu, Laura Batchelor, Drew Troast
Edited by: Matt Soto
Animation: Jason Reginato, Josh Kalven
Senior Director of Video: Jeniece Pettitt

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The AI Boom’s Multi-Billion Dollar Blind Spot

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The Megadonors Funding The 2026 Midterms

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Billions of dollars have been raised for this year’s midterms elections, with a significant portion coming from big name tech billionaires in the cryptocurrency, artificial intelligence and online gambling sectors. Megadonors’ contributions are overwhelmingly behind Republicans in the 2026 midterm election, with 14 of the 20 largest donor groups exclusively or nearly exclusively backing GOP candidates or outside groups. CNBC’s Luke Fountain reports.

Chapters:
00:00 – 00:56 Introduction
00:57 – 03:37 Chapter 1 – Republican-aligned donors
03:38 – 05:07 Chapter 2 – Democrat-aligned donors

Reporter: Luke Fountain
Produced and Edited by: Romy Tarantino
Animation: Jason Reginato, Emily Park
Additional Camera: Macklin Fishman, Andrew Evers
Supervising Producer: Shawn Baldwin
Additional Footage: Getty Images

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The Megadonors Funding The 2026 Midterms

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Why It’s So Expensive To Run An Auto Repair Shop

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Auto repair prices have risen far faster than overall inflation. Mechanics say one key reason is the new software, parts, and safety technology. Shops are spending more on software access and safety calibration equipment. While the number of auto repair shops has grown, some who work in the business say it is getting harder to keep up, especially for smaller ones.

Chapters:
0:00 Introduction
02:09 Chapter 1: Complicated and expensive
04:02 Chapter 2: Access to vehicle data

Produced by: Robert Ferris
Edited and shot by: Darren Geeter, Natalie Rice
Additional Camera: Ryan Baker
Post production support: Erin Black
Animation: Jason Reginato, Emily Park
Senior managing producer: Tala Hadavi
Addition footage: Getty Images

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Why It’s So Expensive To Run An Auto Repair Shop

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How circuit boards could be the next AI chokepoint

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Printed circuit boards are a quiet but crucial part of every electronic, and the U.S. can’t make enough for Nvidia and others in the AI boom.

Some 60% of the world’s PCBs come from China, creating national security and supply chain risks.

CNBC’s Katie Tarasov explains.

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How Walmart Is Hoping Its New Tech Will Help Shoppers And Employees

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TBWalmart, the world’s largest retailer, has been rolling out digital shelf labels in thousands of U.S. stores since 2024. The company says the technology streamlines price changes, frees up employees’ time and helps shoppers find what they need. But as the labels expand, so do concerns about dynamic pricing. CNBC’s Laya Neelakandan visits a Walmart store in New Jersey.

Chapters:
0:00 Introduction
2:07 Chapter 1 – New tech
4:28 Chapter 2 – Tech fears

Reporting by: Laya Neelakandan
Produced and shot by: Natalie Rice
Additional Camera and edited by: Darren Geeter
Animation: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Images: Getty Images

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How Walmart Is Hoping Its New Tech Will Help Shoppers And Employees

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Inside China’s Race To Build The World’s Data Centers

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Chinese companies are using prefabricated construction to build data centers faster and more efficiently. As America’s AI-driven data center boom accelerates, China’s BrightRay hopes to win U.S. business with its modular approach. But growing U.S.-China tensions, national-security concerns and restrictions on some Chinese-made products could limit that opportunity. CNBC’s China Bureau Chief Eunice Yoon reports.

Chapters:
0:00 Introduction
1:39 Chapter 1 – Prefabricated data centers
4:48 Chapter 2 – China’s focus on the U.S. market
8:20 Chapter 3 – Public vs. government reactions

Reporting by: Eunice Yoon
Produced by: Natalie Rice
Editing by: Darren Geeter
Animation: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, BRIGHTRAY

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Inside China’s Race To Build The World’s Data Centers

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