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Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021.
Nick Otto | AFP | Getty Images

Theranos isn’t exactly a household word, but many of the potential jurors questioned on Tuesday had heard of the company or its former CEO, Elizabeth Holmes on the first day of her criminal fraud case.

Nearly potential 40 jurors were questioned over seven hours, and 14 were dismissed. One said, “I don’t have bias, except for I remember the defendant’s penchant for turtlenecks.”

Another juror, who acknowledged he had watched a “60 Minutes” documentary on Theranos, said, “I’m just glad I didn’t invest in it.”

Holmes, who appeared solemn, wore a black dress and jacket with a blue mask. She attempted to make eye contact with each potential juror as they walked into the courtroom.

Elizabeth Holmes in court
Source: Vicki Behringer

One potential juror, who said she had read John Carreyrou’s book about the Theranos scandal, “Bad Blood”, works at a healthcare-related company. She admitted to the judge “there was some amount of disappointment” after she read the book.

“There’s not that many women that get to become CEOs of a high-powered company,” she said.

Prosecutors and defense attorneys are trying to find a dozen impartial jurors and five alternates to sit for what’s expected to be a 13-week long trial. Holmes and Sunny Balwani, her former business partner and for a time her boyfriend, each face 10 counts of wire fraud and two counts of conspiracy. Both have pleaded not guilty. Balwani will be tried separately.

Several potential jurors said they had read books, watched documentaries, or heard TED talks and podcasts on the topic. U.S. District Court Judge Edward Davila suggested that potential jurors turn off news alerts to avoid further media exposure.

One potential juror revealed he’s a news producer at a radio station which he said has featured stories on the high-profile case.

“I’ve been avoiding the topic at work but in anticipation of jury selection they’ve been running stories,” he said. “I’m not really sure how I can remain unbiased through the rest of the trial.”

“I look at my computer and all I see is: Theranos, Theranos, Theranos,” he added.

Davila joked, “I’m not going to ask you to quit your job, sir,” and later asked him, “Would it break your heart severely if I excused you from this jury?”

The judge also asked potential jurors about whether they or someone they knew had experienced intimate partner violence. Five potential jurors raised their hands. Bombshell court documents unsealed on Saturday reveal Holmes, 37, plans to claim Balwani, 56, psychologically, emotionally and sexually abused her. In the unsealed filings, Balwani unequivocally denies the allegations.

“The hardest thing for prosecutors to prove here is going to be intent so the more sympathetic and the more emotionally malleable potential jurors reveal themselves to be, the more the defense will want them and the prosecution will want to get rid of them,” James McGarity, jury consultant and partner at R&D Strategic Solutions said. “She really needs the sympathetic folks.”

Another potential juror told defense attorneys that he had left a negative comment on Facebook when Theranos shut down. “I followed the company because I was interested in it,” he recalled. “I was disappointed because I thought the company was so cool,” he said. “It was disappointing.”

Jury selection is expected to last two days with opening statements scheduled to begin Sept. 8.

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Mark Zuckerberg names ex-OpenAI employee chief scientist of new Meta AI lab

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Mark Zuckerberg names ex-OpenAI employee chief scientist of new Meta AI lab

Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024.

Manuel Orbegozo | Reuters

Meta CEO Mark Zuckerberg on Friday said Shengjia Zhao, the co-creator of OpenAI’s ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs.

Zuckerberg has been on a multibillion-dollar artificial intelligence hiring blitz in recent weeks, highlighted by a $14 billion investment in Scale AI. In June, Zuckerberg announced a new organization called Meta Superintelligence Labs that’s made up of top AI researchers and engineers. 

Zhao’s name was listed among other new hires in the June memo, but Zuckerberg said Friday that Zhao co-founded the lab and “has been our lead scientist from day one.” Zhao will work directly with Zuckerberg and Alexandr Wang, the former CEO of Scale AI who is acting as Meta’s chief AI officer.

“Shengjia has already pioneered several breakthroughs including a new scaling paradigm and distinguished himself as a leader in the field,” Zuckerberg wrote in a social media post. “I’m looking forward to working closely with him to advance his scientific vision.”

Read more CNBC tech news

In addition to co-creating ChatGPT, Zhao helped build OpenAI’s GPT-4, mini models, 4.1 and o3, and he previously led synthetic data at OpenAI, according to Zuckerberg’s June memo.

Meta Superintelligence Labs will be where employees work on foundation models such as the open-source Llama family of AI models, products and Fundamental Artificial Intelligence Research projects.

The social media company will invest “hundreds of billions of dollars” into AI compute infrastructure, Zuckerberg said earlier this month.

“The next few years are going to be very exciting!” Zuckerberg wrote Friday.

WATCH: Meta announces massive ‘Prometheus’ & ‘Hyperion’ data center plans

Meta announces massive 'Prometheus' & 'Hyperion' data center plans

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Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

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Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC.

Kevin Dietsch | Getty Images

Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies.

The provider of software and data analytics technology to defense agencies saw its stock rise more than 2% on Friday to another record, lifting the company’s market cap to $375 billion, which puts it ahead of Home Depot and Procter & Gamble. The company’s market value was already higher than Bank of America and Coca-Cola.

Palantir has more than doubled in value this year as investors ramp up bets on the company’s artificial intelligence business and closer ties to the U.S. government. Since its founding in 2003 by Peter Thiel, CEO Alex Karp and others, the company has steadily accrued a growing list of customers.

Revenue in Palantir’s U.S. government business increased 45% to $373 million in its most recent quarter, while total sales rose 39% to $884 million. The company next reports results on Aug. 4.

Earlier this year, Palantir soared ahead of Salesforce, IBM and Cisco into the top 10 U.S. tech companies by market cap.

Buying the stock at these levels requires investors to pay hefty multiples. Palantir currently trades for 273 times forward earnings, according to FactSet. The only other company in the top 20 with a triple-digit ratio is Tesla at 175.

With $3.1 billion in total revenue over the past year, Palantir is a fraction the size of the next smallest company by sales among the top 20 by market cap. Mastercard, which is valued at $518 billion, is closest with sales over the past four quarters of roughly $29 billion.

WATCH: Palantir’s Mike Gallagher: Enforcing a ceasefire will require a greater investment of American power

Palantir's Mike Gallagher: Enforcing a ceasefire will require a greater investment of American power

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Inside Tesla’s new retro-futuristic Supercharger diner

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Inside Tesla's new retro-futuristic Supercharger diner

Tesla has opened the doors to its first diner Supercharger station in Los Angeles.

CEO Elon Musk first teased the concept of building a drive-in themed charging station in 2018. On Monday, that vision was finally realized. Tesla describes the two-story restaurant, constructed of a steel exterior inspired by the Cybertruck, as retro-futuristic. It features 80 charging stalls and two 66-foot megascreens playing a rotation of short films, feature-length movies and Tesla videos.

The diner operates 24/7 serving classic American comfort food, such as burgers, grilled cheese sandwiches and milkshakes, to both electric vehicle owners charging their cars and the general public. CNBC visited the site and spoke with early patrons, who praised both the design and the food.

“It’s pretty cool. It has a very vintage vibe, but futuristic vibe at the same time” said Taju, who stopped by with a friend who drives a Tesla.

“I would bring friends from out of town, they would be very impressed coming to a place like this” said Don, a Model 3 owner who visited with his wife and neighbor.

Also on display for a limited time was Optimus, Tesla’s humanoid robot, which served popcorn and interacted playfully with guests. Less than 24 hours after opening, the line to order food stretched around the block.

Musk has said that if the concept proves successful, Tesla may open similar diner Supercharger stations in other major cities.

Watch the video to see what it’s like inside Tesla’s first diner charging station. 

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