Introduction:
In today’s episode, we dive into five compelling tech and business stories shaping the industry landscape. First, OpenAI takes a surprising step by renting AI chips from its competitor Google, moving beyond its traditional Nvidia GPU setup. Next, Reddit marks its 20th anniversary amid a legal battle against AI startup Anthropic over alleged misuse of user data, while launching its own AI-powered service. We then explore how financial giants Visa and Mastercard are racing to innovate by launching their own stablecoin crypto tokens, backed by growing regulatory support. The episode also covers the Department of Justice’s settlement of an antitrust lawsuit that preserves competition in Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks. Finally, we discuss President Trump’s abrupt decision to halt trade negotiations with Canada over a new digital services tax, escalating tensions with potential tariffs looming.
Content and Timestamp:
00:00:53 OpenAI Embraces Google's AI Chips, Diversifying Beyond Nvidia
00:02:43 Reddit at 20: Battling AI Data Scrapers and Innovating with AI
00:04:24 Stablecoins Go Mainstream: Banks and Credit Card Firms Embrace Crypto Tokens
00:06:18 DOJ Settles Antitrust Case for HPE's $14 Billion Juniper Acquisition
00:07:58 Trump Halts Canada Trade Talks Over Digital Tax, Threatens New Tariffs
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