Nvidia’s $30B OpenAI Stake and Trump’s 10% Global Import Tariff

[00:00] Vanessa Calderon: From Neural Newscast, I'm Vanessa Calderone. [00:03] Vanessa Calderon: And I'm Victor Hale. It is Friday the 21st of February. [00:07] Vanessa Calderon: Coming up on today's program, In Lydia prepares a $30 billion investment in OpenAI while the Supreme Court strikes down sweeping federal tariffs. [00:18] Vanessa Calderon: We also look at the arrest of former Prince Andrew in the United Kingdom [00:22] Vanessa Calderon: and a slowing U.S. economy affected by the recent government shutdown. [00:26] Vanessa Calderon: We begin with a major shift in the landscape of artificial intelligence. [00:31] Vanessa Calderon: NVIDIA is reportedly close to investing $30 billion in OpenAI's latest funding round. [00:39] Vanessa Calderon: This represents a historic moment for the future of AI infrastructure. [00:45] Vanessa Calderon: The investment values OpenAI at $150 billion. [00:50] Vanessa Calderon: It also deepens the strategic ties between the leading AI research firm [00:54] Vanessa Calderon: and the world's dominant chip supplier. [00:57] Vanessa Calderon: Market analysts describe this as game-changing capital. [01:02] Vanessa Calderon: Demand for NVIDIA chips continues to outstrip supply, [01:06] Vanessa Calderon: particularly for the high-end training accelerators [01:10] Vanessa Calderon: required to build next-generation models. [01:14] Vanessa Calderon: Sources close to the deal suggest this is one of the largest corporate investments ever recorded. [01:19] Vanessa Calderon: It effectively ensures that NVIDIA remains central to OpenAI's long-term scaling strategy. [01:26] Vanessa Calderon: While tech sectors see record-breaking moves, the broader U.S. economy is hitting a significant speed bump. [01:34] Vanessa Calderon: Latest government data indicates that growth has slowed more than previously anticipated. [01:40] Vanessa Calderon: The U.S. economy grew at a 1.4% rate in the fourth quarter. [01:45] Vanessa Calderon: This falls short of the initial forecast, which suggested growth would reach nearly 3%. [01:50] Vanessa Calderon: Economists say the main culprit was the 43-day government shutdown that ended in December. [01:57] Vanessa Calderon: The disruption shaved approximately 1.5 percentage points off the total GDP. [02:02] Vanessa Calderon: Turning now to the legal system, the Supreme Court ruled 6 to 3 on Friday that the current [02:09] Vanessa Calderon: administration exceeded its authority with recent sweeping tariff increases. [02:14] Vanessa Calderon: President Trump expressed strong disagreement with the ruling. [02:18] Vanessa Calderon: He has already signed a new executive order calling for a 10% global tariff on all imports. [02:25] Vanessa Calderon: The new order utilizes a different legal authority in an attempt to bypass the court's decision. [02:31] Vanessa Calderon: It should be noted that auto and metal duties were largely unaffected by the original Supreme Court ruling. [02:38] Vanessa Calderon: In London, the Metropolitan Police have arrested Andrew Mountbatten Windsor, the former Prince Andrew. [02:44] Vanessa Calderon: He is currently being held on suspicion of misconduct in public office. [02:49] Vanessa Calderon: The arrest follows the emergence of emails showing he remained in contact with Jeffrey Epstein longer than he had previously admitted to the public. [02:59] Vanessa Calderon: King Charles stripped Andrew of his titles and his official residence last year, [03:03] Vanessa Calderon: but this arrest takes the scandal into a formal legal phase. [03:07] Vanessa Calderon: The investigation focuses on his connections to the convicted sex offender. [03:12] Vanessa Calderon: This represents a significant shift toward legal accountability for the former royal family member. [03:18] Vanessa Calderon: International tensions are rising in Argentina. [03:22] Vanessa Calderon: Labor unions held a one-day nationwide strike on Thursday to protest President Malay's proposed labor laws. [03:30] Vanessa Calderon: Unions are protesting reforms that would make it easier to terminate employees. [03:36] Vanessa Calderon: This is a key test of Malay's political strength after his recent midterm election victories. [03:42] Vanessa Calderon: In financial news elsewhere, shares in Clarna fell 27% this week. [03:48] Vanessa Calderon: The decline is attributed to soaring costs resulting from bad loans. [03:52] Vanessa Calderon: Finally, police in Las Vegas are investigating a vehicle that rammed a power substation on [03:59] Vanessa Calderon: February 19th. [04:01] Vanessa Calderon: The incident is being treated as a terrorism-related event. [04:04] Vanessa Calderon: I'm Vanessa Calderon. [04:06] Vanessa Calderon: And I'm Victor Hale. [04:07] Vanessa Calderon: Thank you for listening. [04:09] Vanessa Calderon: Neural Newscast is AI-assisted, human-reviewed. [04:13] Vanessa Calderon: View our AI transparency policy at neuralnewscast.com. [04:17] Victor Hale: Neural Newscast uses artificial intelligence in content creation [04:21] Victor Hale: with human editorial review prior to publication. [04:24] Victor Hale: While we strive for factual, unbiased reporting, [04:27] Victor Hale: AI-assisted content may occasionally contain errors. [04:30] Victor Hale: Verify critical information with trusted sources. [04:34] Victor Hale: Learn more at neuralnewscast.com.