OpenAI's nonprofit foundation announces it's awarding $40.5M in grants this year to 208 nonprofits across the US; the nonprofit donated only $7.5M in 2024 (Shirin Ghaffary/Bloomberg)

Nvidia CEO Jensen Huang expressed uncertainty regarding whether China would accept the company's H200 artificial intelligence chips, even if U.S. export restrictions were relaxed, following a meeting with President Trump. This statement reflects ongoing complexities in U.S.-China technology relations.

Snowflake Inc. reported a 29% year-over-year increase in Q3 product revenue, reaching $1.16 billion. However, the company forecasted a Q4 adjusted operating income margin that fell below analysts' expectations, leading to a more than 7% drop in its stock price after hours. This outlook has raised concerns about the profitability of its artificial intelligence initiatives.

Dan Ives, the global head of technology research at Wedbush Securities, stated that it is too early to declare an AI bubble, emphasizing the U.S. commitment to maintaining its chip market against competitors like Huawei and Nvidia. This perspective was shared during an interview on Bloomberg The Close with Romaine Bostick.

OpenAI is reportedly accelerating the development of a new model, codenamed 'Garlic', aimed at addressing significant flaws in its ChatGPT product. This initiative comes in response to increasing competition, particularly from Google's Gemini, which has rapidly gained a substantial user base since its launch.

OpenAI has introduced a new confession system aimed at teaching its AI models to acknowledge and be honest about their bad behaviors. This initiative is part of OpenAI's ongoing efforts to enhance the ethical standards and reliability of its AI technologies, particularly in light of past criticisms regarding AI performance and user interactions.

Some YouTube creators are increasingly producing low-effort, low-quality AI-generated videos, referred to as 'AI Slop,' targeting viewers under two years old. This trend has raised concerns among critics regarding the appropriateness and educational value of such content for infants. Bloomberg's Alex Levine discussed this phenomenon on 'Bloomberg Tech.'

Okta CEO Todd McKinnon highlighted the company's optimistic outlook driven by advancements in artificial intelligence (AI) during an interview on Bloomberg Tech. He emphasized the significant opportunities AI presents for enhancing software solutions and driving growth.

Amazon has launched its latest AI chip, Trainium3, as part of its ongoing efforts to enhance its chipmaking capabilities in the United States. JoAnne Feeney from Advisors Capital Management discussed this development during an interview on Bloomberg Tech with Caroline Hyde, highlighting its significance in the competitive AI landscape.