Chinese AI Models Are Worrying Washington and Silicon Valley
Summary
GM reported strong Q2 earnings driven by pickup and SUV sales, while gold prices fell as investors pivot to higher-yielding assets amid Fed rate concerns. The Trump administration is divided over restricting access to powerful new Chinese AI models due to security risks. Additionally, New Jersey is removing non-citizens from voter rolls after a software error, and the historic Big Boy steam locomotive continues its cross-country tour.
Topics discussed
IBM AI integration and results
Headlines: GM earnings, gold prices, and Chinese AI
GM earnings beat expectations and pivot to defense
Oil prices rise amid global supply disruptions
Gold rally sputters as investors eye Fed rates
Novo Nordisk sues Eli Lilly over weight loss ads
Intersnack to take Utz Brands private for $2.9B
Preview of upcoming stories and ad break
Trump and Canada agree to accelerate trade talks
NJ removes non-citizens from voter rolls after error
Iran war cost estimated at $37.5 billion
Debate over access to powerful Chinese AI models
Big Boy 4014 steam locomotive cross-country tour
Listen ad-free on Castria