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Zuckerberg, Huang Break With Industry Leaders on AI Warnings
Bloomberg5d agoneutralVIDEO
Zuckerberg, Huang Break With Industry Leaders on AI Warnings

Bloomberg's Mike Shepard said President Trump's opposition to AI guardrails is another instance of his anti-regulation position across all industries, as well as his closeness with Nvidia CEO Jensen Huang who recently pushed back on fears about AI safety. Shepard said that President Trump is also looking to his meeting with China's President Xi and wants no obstacles around AI heading into that conversation.

The White House Thinks the Fed Is About to Hike Into a Slowdown
24/7 Wall St.5d agoneutral
The White House Thinks the Fed Is About to Hike Into a Slowdown

The White House's top economist built a statistical case that inflation is already dead, presented it as a hypothetical dissenter's argument, then handed it to no one. Whether the Fed agrees tomorrow determines what the next chapter looks like for equity investors sitting on double-digit gains.

Nvidia (NVDA) Is Discussing Up To $10 Billion For An AI IPO
Simply Wall St.6d agoneutral
Nvidia (NVDA) Is Discussing Up To $10 Billion For An AI IPO

Nvidia (NasdaqGS: NVDA) is in advanced talks to invest up to US$10b in Anthropic's planned IPO, according to people familiar with the discussions. The chipmaker is also exploring a potential acquisition of AI platform Hugging Face for up to US$14b, in a deal that would expand its software footprint. Both moves would extend Nvidia's role beyond AI hardware into deeper capital partnerships and ownership stakes in key model and tooling providers. These possible Anthropic and Hugging Face deals...

Investing.com6d agoneutral
Meta stock rises on cost-saving AI chip deployment plans

Investing.com -- Meta Platforms (NASDAQ:META) shares rose 2% Tuesday morning after Bloomberg reported the company plans to deploy new in-house artificial intelligence chips in data centers during the first half of next year. The stock later pared gains to up 0.75%.