Chinse open source AI models are eating the world—the U.S. is the exception
Hello and welcome to Eye on AI. In this edition….Gemini 3 puts Google at the top of the AI leaderboards…the
Hedge fund billionaire Bill Ackman is readying Pershing Square and a new fund to go public
Bill Ackman is in talks to take his hedge-fund management company Pershing Square public, alongside a new investment entity. The
Commerce Department reveals nearly 24% plunge in trade deficit after reported delayed over 7 weeks by government shutdown
The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower. In a
Dr. Oz says ‘there are discussions’ on extending Affordable Care Act subsidies
Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz indicated enhanced subsidies under the Affordable Care Act may be
Nvidia drags Wall Street toward its worst day in a month as AI superstars keep weakening
The U.S. stock market is tumbling toward one of its worst days since its springtime sell-off, as Nvidia and other AI superstar stocks keep
Warren Buffett is ‘going quiet’ after he steps down as Berkshire Hathaway CEO this year. Read his farewell letter to shareholders
Legendary investor and Berkshire Hathaway CEO Warren Buffett will retire at year’s end after an epic 60 years in leadership.
MacKenzie Scott has donated more than $19 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares
MacKenzie Scott has been one of the biggest names in philanthropy in 2025. The billionaire novelist, philanthropist, and ex-wife to
The U.S. housing market is ‘starved’ for affordability: Boomers edge millennials and Gen Z out of homeownership in record numbers
It’s become increasingly difficult in recent years for young home buyers to break into the housing market. Between comparatively high
Geoffrey Hinton says tech giants can’t profit from AI investments unless human labor is replaced
Computer scientist and Nobel laureate Geoffrey Hinton doubled down on his warnings about how artificial intelligence will affect the labor market
Powell warns not to count on a December rate cut just yet—the Fed is extremely divided and a further cut is ‘not a foregone conclusion. Far from it’
Federal Reserve Chair Jerome Powell cautioned markets on Wednesday not to assume another rate cut is guaranteed in December, saying