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15.09.26 - 23:36
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VSORA′s Rivera on AI Capex Spend and Semis Outlook (Bloomberg)
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Sandra Rivera, VSORA Chair, discusses a key AI industry issue: whether demand and revenue can grow quickly enough to justify the massive spending on physical infrastructure. She speaks with Romaine Bostick & Bailey Lipschultz on "The Close." (Source: Bloomberg)...
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15.09.26 - 23:31
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Bessent grilled on AI, bond market in tense House hearing: 3 takeaways (The Hill)
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Treasury Secretary Scott Bessent faced lawmakers on the House Financial Services Committee on Tuesday, amid concerns over rapidly developing artificial intelligence (AI) and surging bond yields. During the nearly three-hour-long hearing, Bessent brushed off concerns about AI and defended his department's intervention in the bond market. But that did not stop Democrats on the panel from taking him to task on......
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15.09.26 - 21:01
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Dem rep asks Bessent to ′talk sense′ into Trump on regulating AI (The Hill)
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Democratic Rep. Stephen Lynch (Mass.) on Tuesday urged Treasury Secretary Scott Bessent to convince President Trump to reverse course on regulating artificial intelligence (AI). During Bessent's appearance before the House Financial Services Committee, Lynch said Trump does not have “a grasp” of “what we're dealing with” regarding AI. “I'll be honest, I don't think the......
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