RSS Parrot

Elon Musk launches Grokipedia AI encyclopedia, draws mixed reviews

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/5

Published: November 2, 2025 05:00

Elon Musk's new Grokipedia — an AI-powered encyclopedia built on his Grok system — has been released as an alternative to Wikipedia, prompting both praise and criticism from early reviewers . Some reviewers said Grokipedia produces faster, readable article…

President Trump halts SNAP payments amid shutdown

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/2

Published: November 2, 2025 04:16

In the latest development, the government shutdown has halted scheduled Supplemental Nutrition Assistance Program (SNAP) payments, leaving millions of low-income households uncertain about food this week and prompting long lines at food pantries and fear…

Publishers highlight dividend stock ideas as November yields draw attention

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/9

Published: November 2, 2025 03:00

Multiple financial publishers released November 2025 roundups of dividend stock ideas that span growth, value and income-focused approaches: Seeking Alpha published a "top 15" list of high‑growth dividend names and separate pieces calling out bargain and…

Redfin finds U.S. home turnover at 28 per 1,000

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/4

Published: November 1, 2025 23:12

A Redfin analysis shows only about 28 out of every 1,000 U.S. homes changed hands between January and September 2025, the lowest home-turnover reading in roughly three decades . Redfin and reporters say the pattern reflects homeowners staying put — either…

Sam Altman: OpenAI revenue above $13B, $100B target

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/6

Published: November 1, 2025 21:33

OpenAI CEO Sam Altman said the company's annual revenue is “well more” than reports that placed it at $13 billion and suggested it could reach roughly $100 billion by 2027, signaling aggressive growth expectations for both consumer and enterprise AI…

Update: China signals easing of Nexperia export ban

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/1

Published: November 1, 2025 17:58

In the latest development in the Nexperia dispute, Chinese authorities have signaled they may ease an export ban and are studying exemptions for some orders, steps that could unblock shipments to global customers . The situation has prompted a diplomatic…

Argentina's president Milei expands austerity as markets rally

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/7

Published: November 1, 2025 16:57

In the latest development, Argentina's president Javier Milei has won stronger political backing to press ahead with sharp spending cuts and 'chainsaw' austerity that aim to curb chronic macro imbalances, prompting a market rally and a firmer peso .…

Berkshire Hathaway raises cash to $381.7bn, sells $6.1bn stock

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/0

Published: November 1, 2025 12:49

Berkshire Hathaway reported a strong third-quarter operating performance, with operating earnings from its wholly owned businesses surging and the company setting a fresh record cash balance of about $381.7 billion, according to filings and reporting this…

Big Tech reports ad-led growth amid rising AI spending

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/8

Published: November 1, 2025 12:00

Meta, Amazon, Alphabet and Microsoft posted quarterly results showing stronger digital advertising sales while also increasing spending on AI infrastructure, a mix that helped near-term revenue but raised questions about long-term returns . Commentators…

Fed governor Stephen Miran urges rapid cuts by December

https://kite.kagi.com/a7a7bcbb-820b-4265-b2f2-73d42299d1c0/business/10

Published: November 1, 2025 10:58

Stephen I. Miran, the newest member of the Federal Reserve Board of Governors, said in a wide-ranging interview that he does not see tariffs as a driver of recent inflation and that his models point to another policy rate cut as soon as December 2025. He…

Nvidia signs South Korea deals, Samsung adds 50,000 GPUs

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/5

Published: November 1, 2025 09:36

Nvidia reached a series of commercial agreements with South Korean companies including Samsung, Hyundai and LG to supply advanced AI chips, part of a broader package that sources say totals hundreds of thousands of units . Samsung separately announced a…

US announces Nexperia chip shipments to resume after summit

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/1

Published: November 1, 2025 04:28

The United States plans to announce that Nexperia BV — a Dutch semiconductor company with factories in China — will resume shipping chips after a trade understanding reached between President Trump and Xi Jinping at their summit this week, sources say .…

Judges order President Trump to fund SNAP using reserves

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/0

Published: October 31, 2025 23:35

Federal judges in Massachusetts and Rhode Island ruled that the U.S. Department of Agriculture must continue paying Supplemental Nutrition Assistance Program (SNAP) benefits despite the government shutdown, directing the administration to use contingency…

Canada launches C$6.4bn minerals push to bolster supply chains

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/10

Published: October 31, 2025 21:41

The Canadian government announced a C$6.4 billion program to accelerate domestic production of critical minerals, framing the move as part of a G7 effort to reduce dependency on Chinese supplies and strengthen allied supply chains . Ottawa said it will use…

Exxon and Chevron boost output despite falling prices

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/2

Published: October 31, 2025 21:08

Exxon Mobil and Chevron reported higher oil and gas production in the third quarter even as industry-wide prices softened and quarterly profits declined, with Exxon beating Wall Street estimates thanks to strong Permian Basin and Guyana volumes . Company…

Amazon raises capex to $125 billion as AWS growth accelerates

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/4

Published: October 31, 2025 20:03

Amazon reported a third-quarter earnings beat and raised its full-year capital expenditures forecast to $125 billion, driven in large part by fast-growing demand for its AWS cloud services tied to artificial intelligence workloads . Investors responded…

Disney pulls ESPN and ABC from YouTube TV

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/3

Published: October 31, 2025 19:44

Disney removed key channels including ESPN and ABC from Google-owned YouTube TV after the two companies failed to reach a new carriage agreement ahead of a deadline, leaving subscribers without popular live sports and Disney programming . The breakdown has…

US treasury secretary criticizes China over rare-earth controls

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/8

Published: October 31, 2025 16:00

US Treasury Secretary Scott Bessent said Beijing "made a real mistake" by "firing shots" on rare-earths and warned China can no longer treat critical minerals as a coercive tool, framing the move as a policy error that alerted Washington . The comments…

ECB holds rates as eurozone inflation eases to 2.1%

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/7

Published: October 31, 2025 15:16

Eurozone headline inflation slowed to 2.1% in October, bringing it closer to the European Central Bank's 2% aim and reinforcing the case for leaving policy rates unchanged . The ECB kept borrowing costs on hold after the data, citing the easing trend and…

Big tech earnings send indexes higher, Nvidia hits $5tn

https://kite.kagi.com/6f17a735-ea24-43ea-8bb9-6dd9baa76ed1/business/6

Published: October 31, 2025 13:48

A fresh wave of blowout earnings from megacap technology companies, led by strong reports from Amazon and Apple, helped propel U.S. equity indexes higher as investors piled into high-flying tech names and shrugged off recent bubble warnings . Commentators…

Exxon and Chevron raise third-quarter production despite price slump

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/3

Published: October 31, 2025 11:05

Exxon Mobil and Chevron reported higher oil output in the third quarter of 2025 even as global crude prices slid amid OPEC+ production increases and forecasts of a supply glut, pressuring year‑over‑year profits . Exxon’s quarterly earnings fell compared…

Apple reports record profit and forecasts strong holiday iPhone sales

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/2

Published: October 31, 2025 09:34

Apple closed its fiscal year with a September-quarter revenue record of $102.5 billion and all-time Services revenue while profit jumped sharply, driven by strong demand for its newest iPhones and expanding services sales . The company said China revenue…

Amazon posts strong quarter as cloud drives fast growth

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/1

Published: October 31, 2025 07:49

Amazon reported third-quarter results that beat Wall Street estimates, posting higher sales and a 38% jump in profit while its cloud unit, Amazon Web Services, grew about 20% year over year to roughly $33 billion in revenue . Investors cheered the results…

Nvidia to supply 260,000 Blackwell chips to South Korea

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/6

Published: October 31, 2025 06:03

Nvidia has agreed to deliver more than 260,000 of its new Blackwell AI chips to the South Korean government and major corporations including Samsung, Hyundai and SK Group, part of a push to build national AI infrastructure and industrial applications .…

China factory activity contracts amid export slowdown, longest slump

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/11

Published: October 31, 2025 04:40

China's manufacturing purchasing managers' index (PMI) showed factory activity contracted for the seventh straight month in October, with the headline reading missing economists' estimates and slipping to a six-month low, signalling weaker demand in the…

YouTube TV loses Disney, ESPN channels in blackout

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/7

Published: October 31, 2025 03:15

YouTube TV subscribers lost access to Disney-owned channels, including ESPN and ABC, after the companies failed to agree on a new carriage deal that expired this week; YouTube TV said Disney removed its channels and talks broke down over terms and fees .…

Trump agrees tariff cut as China pledges soybean purchases

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/0

Published: October 30, 2025 22:35

President Trump and Chinese leader Xi Jinping met on the sidelines of regional talks and reached a trade truce that trims U.S. fentanyl-related tariffs and secures large Chinese purchases of American soybeans, while Beijing agreed to pause some rare-earth…

Federal Reserve plans 30% reduction in bank supervision staff

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/9

Published: October 30, 2025 20:52

The Federal Reserve is proposing a roughly 30% reduction in staff within its bank supervision unit, a move reported across multiple outlets and described in internal communications cited by news organizations . Media coverage says the proposal would shrink…

Meta prepares $25bn bond sale as AI costs worry investors

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/4

Published: October 30, 2025 20:07

Meta Platforms is preparing a $25bn bond sale as rising spending on artificial intelligence and a vague expense outlook unsettled investors after its latest results, wiping roughly $200bn from the company's market value and triggering a sharp share…

Senate votes 51-47 to nullify President Trump's tariffs

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/5

Published: October 30, 2025 19:25

The US Senate on Thursday approved a resolution, 51-47, to nullify President Trump's global "reciprocal" tariffs that apply to more than 100 countries, with four Republican senators joining Democrats to pass the measure . Senators framed the move as a…

Big tech launches $80bn AI capex spree as investors weigh returns

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/10

Published: October 30, 2025 17:37

Big technology companies are executing an $80bn‑plus wave of AI capital expenditure as they race to build chips, servers and data centres to support large models, but analysts warn returns and risks vary sharply across firms . Investors are split: some…

Century Foundation analysis finds Halloween candy prices rise 10.8%

https://kite.kagi.com/245c7534-be9f-41ac-a4c3-65146bec6fee/business/8

Published: October 30, 2025 11:00

A new analysis estimates Halloween candy prices will rise 10.8% this year, driven by policy and environmental factors cited by the analysts . Reporters say steep cocoa and commodity costs combined with broad inflationary pressure are pushing chocolate…

Alphabet posts first $100 billion quarter, raises capex guidance

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/2

Published: October 30, 2025 08:05

Alphabet reported quarterly revenue of $102.35 billion, its first quarter above $100 billion, driven by continued strength in advertising and enterprise AI demand for Google Cloud . Google Cloud remains a growth engine amid surging AI workloads, and the…

Shell posts stronger quarterly profits, launches Canada LNG project

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/10

Published: October 30, 2025 07:29

Shell reported third-quarter results that beat analyst expectations as a rebound in oil and gas trading and the launch of a Canada LNG project helped offset weaker commodity prices; the company reported quarterly profit of $5.4bn and year-to-date profits…

Chipotle cuts outlook again as younger diners pare visits

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/11

Published: October 30, 2025 00:25

Chipotle lowered its full-year outlook for the third time this year after management said younger and lower-earning customers are visiting less frequently, citing unemployment, student‑loan repayments and slow real wage growth as headwinds . The company…

Senate votes to block tariffs on Canada in 50-46 tally

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/6

Published: October 29, 2025 23:09

The U.S. Senate on Wednesday approved a resolution to nullify President Trump's tariffs on Canadian imports, passing by a 50-46 margin as lawmakers pressed back on trade emergency powers . Democrats used a decades-old statute to force the vote, arguing…

Microsoft Azure DNS outage disables services, websites come back

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/9

Published: October 29, 2025 22:44

Microsoft experienced a DNS-related outage that disrupted Azure cloud services and Microsoft 365 apps, causing users to lose access to Office 365, Minecraft and other web-based services before sites began returning online . Microsoft and engineering teams…

Starbucks posts modest sales gain as protein boosts traffic

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/8

Published: October 29, 2025 22:39

Starbucks reported better-than-expected fiscal fourth-quarter revenue and the company logged same‑store sales growth for the first time in nearly two years, evidence executives say shows progress on CEO Brian Niccol’s turnaround plan . The company…

GM realigns EV capacity, pauses operations at plants

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/7

Published: October 29, 2025 19:03

General Motors announced temporary layoffs and production slowdowns across multiple U.S. electric-vehicle and battery sites after a pullback in near-term EV demand tied to recent federal policy changes; reports show the affected workforce totals vary by…

Paramount begins layoffs after Skydance merger, 2,000 affected

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/3

Published: October 29, 2025 18:49

Paramount has begun workforce reductions after completing its $8 billion sale to Skydance, with the company planning layoffs that will affect about 2,000 employees as it restructures under new ownership . Skydance founder David Ellison framed the cuts as a…

Character.ai limits under-18 access to chatbots from Nov. 25

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/5

Published: October 29, 2025 18:23

Character.AI announced it will stop letting users under 18 hold “open-ended” conversations with its AI characters, with the change taking effect by Nov. 25 as the company builds a separate teen experience and an age‑assurance system . The startup said it…

Nvidia becomes first company to hit $5 trillion valuation

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/1

Published: October 29, 2025 16:05

Nvidia became the first publicly traded company to reach a $5 trillion market valuation after its shares climbed amid surging demand for AI chips, three months after first topping $4 trillion . The rally accelerated after public discussion about the…

Boeing posts $5bn charge, delays 777X deliveries to 2027

https://kite.kagi.com/8f82d583-b8fa-40da-bc7f-6f9a8c2db28f/business/4

Published: October 29, 2025 15:20

Boeing said it took a nearly $5 billion charge related to late deliveries of its long‑delayed 777X program and now expects first 777X deliveries beginning in 2027, citing certification and production setbacks . The charge pushed the company to a large…

Boeing posts Q3 beat, takes $4.9bn 777X charge

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/9

Published: October 29, 2025 11:59

Boeing reported third-quarter results showing revenue and earnings that topped some estimates while booking a $4.9 billion charge tied to delays in the 777X program and pushing the jet’s market debut into 2027 . The company’s results reflect stronger…

Trump signals cut to fentanyl tariffs, seeks Blackwell talks

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/2

Published: October 29, 2025 11:37

President Trump said he expects to lower US tariffs tied to the fentanyl crisis as part of negotiations with China and will raise Nvidia’s Blackwell AI chips when he meets President Xi Jinping on the sidelines of the APEC summit in Seoul . The comments…

Nvidia nears $5 trillion valuation after AI announcements

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/4

Published: October 29, 2025 10:47

Nvidia's share rally put the chip designer within striking distance of a $5 trillion market valuation after CEO Jensen Huang disclosed large AI chip bookings and plans to build multiple supercomputers for U.S. government customers, reinforcing investor…

Amazon and UPS announce tens of thousands of layoffs

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/10

Published: October 29, 2025 09:02

Amazon announced plans to cut about 14,000 jobs as part of a broader wave of U.S. corporate downsizing, and UPS joined other large employers in announcing significant workforce reductions, signaling a shift in the labor market . Analysts say companies that…

Federal Reserve expected to cut rates amid data blackout

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/1

Published: October 29, 2025 09:00

The Federal Reserve is widely expected to lower its policy rate by a quarter percentage point at the conclusion of its Oct. 29 meeting as officials prioritize signs of weakening in the labor market over renewed concerns about inflation . Policymakers will…

Amazon cuts 14,000 corporate jobs in AI push

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/0

Published: October 29, 2025 07:53

Amazon announced plans to cut roughly 14,000 corporate jobs — about 4% of its white‑collar workforce — in a restructuring the company says will reduce bureaucracy and remove organizational layers to move faster on artificial intelligence . Executives…

OpenAI restructures as for-profit; Microsoft gains 27% stake

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/3

Published: October 28, 2025 23:11

OpenAI has completed a corporate restructuring that converts its operating arm into a for‑profit public benefit corporation, a move designed to unlock the large-scale capital needed to develop advanced AI models and clear the way for eventual outside…

Elon Musk launches Grokipedia to rival Wikipedia

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/5

Published: October 28, 2025 21:15

Elon Musk rolled out Grokipedia, an AI-assisted, crowd-sourced online encyclopedia linked to his xAI effort and promoted via X, positioning it as an alternative to Wikipedia and a response to alleged ideological bias . The site's landing page listed…

Texas attorney general sues Tylenol makers over autism claims

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/6

Published: October 28, 2025 20:50

Texas Attorney General Ken Paxton filed a state-court lawsuit against Johnson & Johnson and Kenvue, alleging the companies concealed research and deceptively marketed Tylenol to pregnant people despite autism and ADHD risks alleged by the complaint . The…

Apple crosses $4 trillion market cap after iPhone-driven rally

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/8

Published: October 28, 2025 19:11

Apple reached a $4 trillion market capitalization for the first time after its share price rose on Tuesday amid a fresh Wall Street rally and strong early demand for the new iPhone model, lifting investor confidence in the company's near-term revenue…

U.S. consumer confidence falls in October; jobs concerns rise

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/11

Published: October 28, 2025 17:45

U.S. consumer confidence edged down in October, marking a third consecutive monthly decline as Americans reported dimmer expectations for the economy and the labor market . The drop surprised some analysts who had expected the reading to remain unchanged,…

Paramount Skydance begins layoffs, cuts about 1,000 jobs

https://kite.kagi.com/69186628-de7a-4f56-8b73-8fc878c2d999/business/7

Published: October 28, 2025 14:44

Paramount Skydance began a planned first round of layoffs this week that affected roughly 1,000 employees as the combined company moves to cut costs after Skydance’s acquisition of Paramount earlier this year; company leaders and reports say additional…

Amazon cuts thousands of corporate jobs amid AI spending

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/0

Published: October 28, 2025 10:02

Amazon is planning large cuts to its corporate workforce, with published reports giving different totals — roughly 14,000 in some outlets and as many as 30,000 in others — as the company rebalances costs while increasing investment in artificial…

HSBC raises 2025 outlook despite $1.1bn Madoff provision

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/3

Published: October 28, 2025 04:08

HSBC Holdings said it raised its full-year profitability outlook for 2025 even as third-quarter earnings weakened after the bank set aside $1.1 billion to cover litigation tied to victims of Bernard Madoff’s fraud; management said the one-off provision…

President Trump and Japan sign rare earths supply framework

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/1

Published: October 28, 2025 04:02

President Trump met Japanese Prime Minister Sanae Takaichi in Tokyo on Oct. 28 and they signed a framework agreement to deepen cooperation on rare earths and other critical minerals, aiming to diversify supply chains away from China and speed development…

South Korea posts faster third-quarter growth as exports rise

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/7

Published: October 28, 2025 01:35

South Korea’s economy accelerated in the third quarter, with advance Bank of Korea estimates showing year-on-year GDP growth of 1.7%, beating economists’ expectations of 1.5% and marking the fastest annual pace in over a year . The improvement was driven…

Treasury names five finalists for Fed chair; Trump decides

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/11

Published: October 27, 2025 21:42

Treasury Secretary Scott Bessent confirmed a five-person short list of finalists to succeed Federal Reserve Chair Jerome Powell, and President Trump said he expects to make a selection before the end of the year . The move narrows a broader search that the…

IRobot shares plunge about 30% after buyer search stalls

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/10

Published: October 27, 2025 19:08

iRobot Corp.'s stock plunged after the Roomba maker said its search for a buyer had stalled, with outlets reporting declines ranging roughly from 30% to 36% following the announcement . Company statements and reporting said the last remaining potential…

OpenAI reports 1.2M users show suicidal intent weekly

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/5

Published: October 27, 2025 17:00

OpenAI published initial estimates saying a small share of ChatGPT conversations exhibit serious mental‑health signals but that scale makes the absolute numbers large: it estimated roughly 0.07% of weekly active users show possible signs of psychosis or…

Qualcomm launches AI200/AI250 chips, signs Saudi deal, shares surge

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/4

Published: October 27, 2025 16:42

Qualcomm unveiled two new data‑center AI processors, the AI200 (due 2026) and the AI250 (planned for 2027), marking a formal push into servers to compete with Nvidia and AMD . The company said it has struck a deal to sell the new processor to Saudi group…

Global markets rise as US and China report trade framework progress

https://kite.kagi.com/c2e968d4-9c29-445a-9bf4-28b7ca0f70f2/business/2

Published: October 27, 2025 15:41

Global stock markets rallied after U.S. and Chinese officials reported progress in trade talks this week, with negotiators saying they reached agreements on contentious topics such as export controls, fentanyl enforcement, rare-earths policy and shipping…