Nvidia confirms $13 billion acquisition of open-weight AI platform Hugging Face - Yahoo Finance
Nvidia will pay roughly $13 billion to acquire the open-weight AI platform Hugging Face, the company confirmed on Thursday.
VW Approves Plan to Cut 50,000 More Jobs in Broad Overhaul - Bloomberg.com
Volkswagen AG’s supervisory board backed a sweeping overhaul that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving Chief Executive Officer Oliver Blume his clearest mandate yet to remake Europe’s biggest carmak…
Zuckerberg opposed White House AI proposal in private call with Trump - Politico
The Trump administration is now considering both a FINRA-style approach and David Sacks’ industry-led approach as potential paths forward.
"Welcome to the AGI era," OpenAI says as GPT-6 Astra debuts - Axios
Executives say this could mark the moment when artificial general intelligence equals human capabilities.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S. - CNBC
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
Popular squishy toy recalled over ‘serious injury’ hazard after months of child hospitalizations - New York Post
They’re putting the squeeze on squishies.
Mortgage rates jump to highest level in over a year - Fox Business
The average rate on a 30-year fixed mortgage rose this week to 6.71%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.66%.
Drone Stocks Fly As Trump's 100% Tariff On Imports Takes Effect - Investor's Business Daily
Unusual Machines, AeroVironment other drone stocks advance as Trump's tariffs on drones and parts formally go into effect.
Dow jumps 600 points, heads for best day in a month as yields fall: Live updates - CNBC
Investors grew hopeful that the Federal Reserve may leave interest rates unchanged this month.