TOP STORY NEWS U.S. and China Should Have No Illusions on AI Cooperation and Competition, Bessent Says Bessent stated that the U.S. and China should harbor no illusions as they navigate both cooperation and competition in artificial intelligence. SOURCE STONNE
NEWS 03:00 Nvidia Faces Scandals and Computing Power Challenges Amid Global AI Boom Recent developments involving Nvidia, CEO Jensen Huang, and backed startup Cohere highlight new tests for the resilience of the global artificial intelligence boom. STONNE 02
NEWS 03:42 SoftBank Posts $7 Billion Loss as AI Trade Falters SoftBank has reported a $7 billion loss as the artificial intelligence trade faces setbacks. STONNE 03
NEWS 03:20 Ohio State and Microsoft Announce Five-Year Partnership to Expand AI in Health Care Ohio State and Microsoft have established a five-year partnership aimed at expanding the use of artificial intelligence in health care. STONNE 04
05 NEWS China, Russia and US Attempt to Finalize AI Nuclear Agenda Ahead of Apec Talks China, Russia, and the US are reportedly working to establish an artificial intelligence nuclear agenda in time for the upcoming Apec talks. STONNE
06 NEWS Online Travel Agencies' Shares Drop Following OpenAI Acquisition of Travel Startup Odessia Shares of online travel agencies experienced a decline following OpenAI's acquisition of travel startup Odessia. STONNE
07 NEWS CoreWeave CFO Defends AI Expansion as Demand Outstrips Capacity CoreWeave reports that demand for its AI infrastructure is outpacing capacity, with the CFO defending the company's ongoing expansion strategy. STONNE
08 NEWS AI Trade Could Face Further Unwinding if Hyperscaler Spending Slows, Strategist Warns According to a market strategist speaking on CNBC, the current artificial intelligence trade could experience further unwinding if major cloud providers reduce their spending. STONNE
09 NEWS Successfully Scaling Agentic AI Starts with the Bank Underneath It An exploration by The Financial Brand into how successfully scaling agentic AI relies heavily on the foundational banking infrastructure beneath it. STONNE
10 NEWS Even the People Building AI Are Afraid A recent report highlights ongoing concerns and fears among individuals and professionals involved in developing artificial intelligence. STONNE