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Nvidia to Invest $100 Billion in OpenAI for Data Centers

The funding will support the building of new data centers and the infrastructure needed to power AI workloads.

NVDA

3.84%

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TikTok’s Algorithm to Be Secured by Oracle Under Trump Deal

Oracle Names New Co-CEOs as It Bets Business on Cloud

12:13

Watch: Why Milei’s Economic Shock Therapy Is Dividing Argentina

Bessent Says All Options on Table to Help Milei’s Argentina

Options include currency swap lines, direct currency repurchases and US dollar-denominated debt from the Treasury’s exchange stabilization fund.

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Milei to Meet Trump as Argentina Seeks to Avert Market Rout

Dollar-Hungry Milei Pauses Crop Tariffs Ahead of Argentine Vote

Michael Nagle/Bloomberg

Fed’s Miran Says Policy Too Tight, Risking Higher Unemployment

“The upshot is that monetary policy is well into restrictive territory,” Miran said Monday in prepared remarks for an event at the Economic Club of New York.

Markets Wrap

S&P 500 Holds at Record Amid Calls for a Breather

US H-1B Visas

$100,000 FeePossible Doctors ExemptionIndia-US Ties Strained

Donato Fasano/Getty Images

White House Says Doctors May Win Reprieve From H-1B Visa Fee

Explainer

Why Trump Is Charging a $100,000 Fee for H-1B Visas

Trump’s $100,000 H-1B Fee Fuels Stress for Staff, Employers

Bloomberg Opinion

Pam Bondi Isn’t the President’s Enforcer

The Justice Department is meant to serve the public, not the Trump White House.

By Barbara McQuade, Columnist 

 

 

 

 

 

How Erika Kirk Memorialized Her Late Husband

By David M. Drucker, Columnist

ICE Raids or Work Permits? The White House Wants It Both Ways

By Patricia Lopez, Columnist

Why Are Robotaxis Driving Lyft’s $1.6 Billion Rally?

By Liam Denning, Columnist

Ibrahim Arafath

 

 

 

 

 

 

 

 

 

 

 

The Big Take

A 50-Pound Book Holds the Keys to Citadel Securities

After a $10 billion year, the firm is planning its next milestones.

A $17 Billion Options Trader Is Coming to Take on NYC Flash Boys

Arthur Menescal/Bloomberg

 

 

 

 

 

 

 

 

 

U.S. Sanctions Wife of Brazil Justice After Bolsonaro Verdict

Moraes became the focus of Donald Trump’s ire for overseeing the trial that sentenced former Brazilian President Jair Bolsonaro to 27 years in prison.

Michael Nagle/Bloomberg

Trump Heads to UN Gathering Facing Billions in Unpaid Dues

Trump will join world leaders for the United Nations’ annual gathering as one of the world body’s loudest critics — and biggest debtor.

Snipers, Secret Service, Gridlock Mean It’s NYC's Annual UN Week

Latest

17 min

Cattle Futures Gain With Deadly Pest Detected Near US Border

17 min

Orsted Venture Wins Court Ruling to Restart Wind Farm Work

50 min

Fed’s Hammack Says Inflation Too High, Must Be Cautious Easing

50 min

Trump Cancels Trail, Bike-Lane Grants Deemed ‘Hostile’ to Cars

50 min

Monte Paschi’s Mediobanca Takeover Offer Ends With 86.3% Stake

60 min

Greenlight Urges Brighthouse to Proceed With Aquarian Deal

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In Focus

US H-1B VisasExtreme WeatherTrump’s Second TermCryptoUS StocksWar in Ukraine

Listen, Watch and Catch Up

Newsletter: Odd Lots

You Can See the Dooming in the Gold Chart

Newsletter: Tech In Depth

Nvidia Tie-Up Leaves Intel Short of a Crucial Piece

Newsletter: Economics Daily

Europe’s China Dream Is Over, With Poland Now a Bigger Customer

Newsletter: Supply Lines

How AI Is Driving Global Investment Patterns

Newsletter: Morning Briefing: Americas

Visa Change Causes Chaos For Tech Firms

Bloomberg News Now

Listen to the latest: Fed’s Miran: Policy Too Tight, Nvidia Promises OpenAI $100B

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Walmart Adds Home Delivery for Ozempic, Other Refrigerated Drugs

Businessweek

MrBeast on His Quest to Turn YouTube Fame Into an Entertainment Empire

Nike to Debut New Brand With Kim Kardashian’s Skims After Delays

Last Manhattan Casino Bid Knocked Out of Fight for License

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• Private Credit

  • Wall Street Beats Private Credit on $20 Billion of M&A Debt

    
  • Ex-Barings Boss Fails to Halt Suit Over Poached Bankers’ Bonuses

    
  • Compass to Buy Anywhere, Forming $10 Billion Property Broker

    
  • Star Mountain Looks to Issue Bonds That Bundle Up Private Credit

    
  • HSBC’s Future Is in Asia and the Middle East, Top Executive Says

    
• Trade

  • Birth Control Among U.S. Therapies Most At Risk From Trump’s 250% Tariff Threat

    
  • Iraq, Oil Firms Poised to Sign Deal to Restart Kurdish Exports

    
  • Trump’s Visa Shock Strains India-US Ties, Clouds Trade Talks

    
  • Trump’s Brazil Threats Aid Effort to Hobble Beloved Payment Platform

    
  • Thailand Bans Animal-Feed Corn From Burned Fields in Major Shift

    
• Investment Banks

  • JPMorgan Hires Esmond, Fleming for Consumer Retail Dealmaking

    
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  • Barclays to Revamp Trading Floors in Overhaul of New York HQ

    
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• Deals

  • Monte Paschi’s Mediobanca Takeover Offer Ends With 86.3% Stake

    
  • Greenlight Urges Brighthouse to Proceed With Aquarian Deal

    
  • Alwaleed Boosts Stake in Snap After Weak Sales Growth Saps Stock

    
  • L’Oréal Only Interested in Armani’s Profitable Beauty Business

    
  • Belgium’s KBC Is Exploring a Potential Deal for ABN Amro

    
• Inflation

  • Fed’s Hammack Says Inflation Too High, Must Be Cautious Easing

    
  • Russia Weighs Flat Spending and More Tax as War Strains Finances

    
  • Riksbank Faces Rate Dilemma Amid Inflation Spike

    
  • Opinion

    Inflation Is the Lesser Evil

    
  • Inflation Is Worse Than the CPI Shows, Says Ex US Comptroller

    
• AI

  • Nvidia to Invest $100 Billion in OpenAI for Data Centers

    
  • Scale Unveils New AI Model Leaderboard System to Rival LMArena
  • Pennsylvania Threatens to Go ‘Own Way’ If Grid Won’t Change

    
  • Opinion

    How Much Did AI Charge You for That Plane Ticket?

    
  • Opinion

    Why Are Robotaxis Driving Lyft’s $1.6 Billion Rally?

    
• Crypto

  • UK, US Form Taskforce to Deepen Capital Markets and Crypto Ties

    
  • Strive Buys Bitcoin Hoarder Semler as Treasury Wave Shows Cracks

    
  • Binance-Linked Token Hits Record With Spotlight on Zhao Pardon

    
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• Monetary Policy

  • ECB’s Nagel Plays Down Fears That Strong Euro Will Hurt Exports

    
  • Fed’s Miran Says Policy Too Tight, Risking Higher Unemployment

    
  • US Treasuries Edge Lower as Traders Face a ‘Fed Talk Fest’

    
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Bloomberg Businessweek

Tameem Sankari for Bloomberg Businessweek

Inflation Is Worse Than the CPI Shows, Says Ex US Comptroller

The widely watched gauge of consumer prices fails to capture the cost of living crisis for many Americans, argues Gene Ludwig.

By Laura Bliss and Klara Auerbach 

 

 

 

 

 

 

Odd Lots

Jim Cramer on the Retail Trading Revolution

Listen: 53:53

Michael Froman on the New ‘Polyamorous’ Global Trading System

Listen: 46:10

Odd Lots

Henry Wang on China’s New Role in the World

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Odd Lots

The Threat to Delaware’s Corporate Dominance

Listen: 37:10