Neural Newscast

[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.