CryptoBreaking News

Nvidia CEO Jensen Huang says artificial intelligence is transforming the semiconductor industry as computers increasingly serve AI agents and robots, driving demand for a much larger global chip supply chain and deepening the company's partnership with South Korea's SK Group. He also says China will remain a leading AI innovator despite different constraints, while arguing that open AI models are essential for innovation, security and giving businesses greater control over their own systems.

Carnegie Endowment Vice President Corey Hinderstein says a US civil nuclear agreement with Saudi Arabia could strengthen a long-term strategic partnership but also raises difficult nonproliferation questions, particularly over uranium enrichment and the precedent it could set for other countries. She says expanding civilian nuclear power can support energy security and lower emissions, but only if accompanied by strong safeguards, international monitoring and careful controls over sensitive nuclear technologies.

Bloomberg White House correspondent Jeff Mason says the rescheduled White House Correspondents' Association dinner largely followed its original program but took place in a much smaller venue, creating a different atmosphere and prompting renewed debate about the event's future. He says President Donald Trump's remarks, including jokes about seeking another term, drew mostly restrained reactions from a room dominated by journalists, while organizers say the dinner is set to return to the Washington Hilton next year.

Austin became the fastest-growing large metropolitan area in the country during the pandemic, as remote work, corporate relocations and rapid in-migration helped push rents up roughly 25% in 2021. Austin's long-running supply strategy expanded under Mayor Kirk Watson through faster permitting, looser zoning and smaller minimum lot sizes helped add nearly 50,000 rental units across the metro in 2023 and 2024, contributing to a 19% inflation-adjusted decline in city rents from the 2021 average to 2025, even as oversupply began pressuring developers and slowing new construction.

Dr. Amesh Adalja, an infectious disease expert at the Johns Hopkins Center for Health Security, says falling vaccination rates have fueled the resurgence of measles in the US and warns the country has effectively lost its ability to control the disease, making higher immunization rates essential to restoring community protection. He also says public health funding cuts are weakening the nation's ability to respond quickly to foodborne outbreaks such as cyclospora, increasing risks for consumers and health agencies.

Bloomberg global trade editor Brendan Murray says the Trump administration is replacing expiring tariffs with new Section 301 levies tied to forced labor investigations, extending duties to dozens of countries while laying the groundwork for additional trade actions. He says markets have largely absorbed the latest tariffs, but legal challenges and broader investigations into industrial overcapacity could shape the next phase of US trade policy and relations with China.

Bloomberg energy and commodities reporter Stephen Stapczynski says renewed Houthi attacks in the Red Sea are threatening a key alternative route for Persian Gulf oil exports, raising concerns about shipping, refining and fuel supplies even as some tankers continue transiting the region. He says depleted global inventories of crude oil, diesel, jet fuel and natural gas leave energy markets with less of a buffer against further disruptions, while attacks linked to the wars in the Middle East and Ukraine continue to tighten global fuel supplies.

Steven Rattner says artificial intelligence will be a major contributor to the economy, but the market still does not know exactly who the winners and losers will be. As Big Tech pours money into AI infrastructure, investors are starting to demand a wider margin of safety from companies borrowing to fund massive capital spending. Rattner says cheaper Chinese AI models could also reshape the competitive landscape, especially if companies can easily route tasks to less expensive models. At the same time, rising Treasury yields, inflation, federal deficits and higher defense spending are pushing borrowing costs up a shift that could weigh on AI valuations, private equity deals and companies whose expected profits sit far in the future.

Nvidia President & CEO Jensen Huang tells Bloomberg's Ed Ludlow "This is the golden ages for Korea" after teaming up with SK Group to build more than 2 gigawatts of AI data centers on the Korean Peninsula.

Nvidia Corp. Chief Executive Officer Jensen Huang talks about investing in South Korea, a new partnership with the SK Group, cybersecurity and China's approach to artificial intelligence. He speaks exclusively to Bloomberg's Ed Ludlow in San Francisco after appearing at a Korean AI summit.

Board CFO Gordon Pothier joins Bloomberg Businessweek Daily to discuss the company's enterprise software offerings, why company leaders need to pose questions about and factor in AI governance, hype around AI products and evolution, and whether Board will explore an IPO in the near future amid its profitability. He speaks with Nina Trentmann, Bloomberg News Senior Editor and CFO Briefing Editor, and Businessweek hosts Carol Massar and Tim Stenovec.

Amanda Frasier, President of Standards & Ratings at Forbes Travel Guide, explains how the the team and an algorithm help determine what hotels and travel expenses are worth the time and money. She also talks about recent ravel trends and some this years hottest summer vacation spots, including Montenegro and Croatia, and how travelers are seeking an emotional connection to the places they're visiting.