Federal Communications Commission Chair Brendan Carr has defended the ABC affiliate that won't show "Jimmy Kimmel Live!" despite the broadcaster reinstating the late-night star. In an X post on Tuesday, Carr said it was "a good thing" that "any local TV stations have pushed back on a national programmer like Disney," which is ABC's owner."After all, local TV stations—not the national programmers—have public interest obligations, and they should be making decisions that in their view meets the needs of thei ...

Core Viewpoint - Sinclair will not air "Jimmy Kimmel Live!" on its ABC affiliate stations, opting instead for news programming following Disney's announcement of the show's return [1] Group 1 - Sinclair's decision to preempt "Jimmy Kimmel Live!" is part of ongoing discussions with ABC regarding the show's potential return [1] - The company announced the change in programming through a statement posted on X [1]

Core Insights - Nvidia plans to invest up to $100 billion in OpenAI to develop AI data centers, creating 10 gigawatts of capacity using Nvidia's chips [1] - Following the announcement, Nvidia's stock increased by 4%, indicating positive market sentiment [1] - The scale of the investment is significant, with $100 billion being a substantial amount even for large corporations [2] Investment Details - The investment will enable the construction of AI data centers that are crucial for powering OpenAI's AI technologies [1] - The 10 gigawatts of data center capacity is equivalent to Nvidia's expected total shipments for the year, highlighting the magnitude of the investment [1] Market Context - The financial landscape for AI investments is rapidly expanding, with reports of Sam Altman seeking up to $7 trillion for infrastructure projects in the UAE [2]

After ABC's decision last week to pull Jimmy Kimmel off the air "indefinitely," he's coming back. On Monday, Disney, which owns ABC, said the "Jimmy Kimmel Live!" host would return and the show would resume on Tuesday."Last Wednesday, we made the decision to suspend production on the show to avoid further inflaming a tense situation at an emotional moment for our country. It is a decision we made because we felt some of the comments were ill-timed and thus insensitive," the Walt Disney Company said in a st ...

Core Insights - Nvidia's stock increased by as much as 5% on Monday, contributing to a year-to-date gain of 36% in 2025 [1] - The rise in Nvidia's stock positively influenced major indexes, with the Nasdaq Composite up nearly 1% and the S&P 500 reaching a new record high [1] Partnership Details - Nvidia announced a partnership with OpenAI to develop new gigascale AI facilities utilizing Nvidia's hardware, with an investment of $100 billion from Nvidia [4] - OpenAI plans to build at least 10 gigawatts of AI data centers powered by Nvidia systems, with the first gigawatt expected to be operational in the first half of 2026 [4] Industry Impact - The partnership signals sustained momentum in AI investments, countering earlier concerns about potential pullbacks in the sector [10] - The construction of additional data centers marks a significant advancement for OpenAI in the pursuit of superintelligence, a key focus for tech leaders [10] Leadership Commentary - Sam Altman expressed confidence in achieving superintelligence and emphasized the importance of compute infrastructure for future economic development [11]

Leadership Changes - Oracle has appointed two new co-CEOs, Clay Magouyrk and Mike Sicilia, as part of a succession plan initiated months ago [1] - Safra Catz, the CEO since 2014, will transition to the role of executive vice chair of the board, while Larry Ellison will remain as chief technology officer and executive chairman [2] Financial Performance - Oracle's stock price surged over 40%, marking its largest single-day increase, following the announcement of a projected 77% revenue growth in its cloud business, expected to reach $18 billion compared to the previous year, with a target of $144 billion by 2030 [3] Leadership Background - Clay Magouyrk, a former Amazon software engineer, joined Oracle in 2014 and has rapidly advanced to oversee Oracle Cloud Infrastructure, noted for his results-driven leadership style [4] - Mike Sicilia, executive vice president of Oracle Industries, has been instrumental in Oracle's acquisition of Cerner and has focused on integrating AI agents into cloud applications for various industries [5] Historical Context - Oracle has previously utilized a two-president structure, with the first instance being the appointment of Safra Catz and Charles Phillips Jr. as presidents, leading to their promotion to co-CEOs in 2014 [6]

Nvidia and OpenAI are becoming strategic partners, and the chipmaker says it will invest up to $100 billion into the AI company. The two tech titans announced a deal on Monday that will see OpenAI build out "at least 10 gigawatts" of AI data centers running Nvidia systems."Nvidia and OpenAI have pushed each other for a decade, from the first DGX supercomputer to the breakthrough of ChatGPT," Nvidia CEO Jensen Huang said in a release. "This investment and infrastructure partnership mark the next leap forwar ...

American Airlines has been ordered to pay more than $11 million to a passenger who had a stroke on board a flight. After a six-day trial, the jury reached a verdict last week in the two-year legal case in a California US District Court.Jesus Plasencia was traveling with his wife, Ana Maria Marcela Tavantzis, in November 2021 on board American Flight 68 from Miami to Madrid. Court documents say that while the plane was still at the gate, Plasencia briefly lost the ability to speak and was suddenly unable t ...

BYD shares fell 3% in Hong Kong on Monday after a report that Warren Buffett's Berkshire Hathaway had sold the last of its stake in the Chinese EV maker. The famed investor's company likely made around $7 billion, or 30 times its money, from the 16-year investment, an analysis by Business Insider found.Buffett's conglomerate purchased the stake through its Berkshire Hathaway Energy subsidiary, which revealed in its first-quarter report this year that it had exited the position. Berkshire confirmed the exi ...

Group 1 - The H-1B visa lottery system is not merit-based, with approximately 85,000 spots available each year, including 20,000 reserved for master's degree holders, leading to low odds of selection [2][12] - The O-1 visa is an alternative for individuals with extraordinary capabilities, requiring applicants to meet at least three out of eight eligibility criteria [3][4] - The applicant had significant contributions in artificial intelligence, including published work, judging hackathons, and reviewing papers, which aligned with the O-1 requirements [4][14] Group 2 - The applicant transitioned from an F-1 visa for master's studies to an OPT, allowing temporary work authorization in the US for three years, coinciding with H-1B application attempts [6][11] - The O-1 visa application process involved a premium processing service, with a decision expected within 15 business days, leading to a successful approval after 12 days [15][16] - Networking and passion for the field are crucial for O-1 visa seekers, as knowledge about the visa often comes from connections within the industry [18][19]