Google Investment
According to Reuters, “Google to spend $9 billion in Oklahoma to expand AI, cloud infrastructure”, the investment expands U.S. data‑center capacity and talent pipelines, accelerating national AI capacity and competition for cloud services; the central theme is AI. [Reuters]
OpenAI Model Policy
According to The Verge, “ChatGPT won’t remove old models without warning after GPT-5 backlash”, OpenAI will keep older options and provide advance notice following user pushback, a shift that affects PRODUCT expectations, model choice and trust across consumer and enterprise users. [The Verge]
Export Enforcement
According to Reuters, “US embeds trackers in AI chip shipments to catch diversions to China, sources say”, U.S. agencies have placed covert TRACKERS in select shipments of advanced chips to detect illegal diversions, highlighting geopolitical control measures in the semiconductor supply chain. [Reuters]
Inflation cools, markets rally
According to CNBC, “Consumer prices rise 2.7% annually in July, less than expected amid tariff worries,” the S&P 500 and Nasdaq hit record highs as inflation eased, boosting odds of a September Fed rate cut and pushing Treasury yields lower. [CNBC]
Treasury urges bigger Fed cut
According to Reuters, “Fed cut seen near certain after inflation data, Bessent comments,” Treasury Secretary Scott Bessent urged a 50‑basis‑point September rate cut, calling current rates too restrictive and adding political pressure on Fed policy. [Reuters]
Too busy to read? Listen to the audio file.