OWITH.ai - Only What's Important to Hear around AI and Tech

Navigating the Shifting Landscape: From Federal Investigations to AI Leadership Changes and Media Moves


Listen Later

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in the AI and tech world.In recent news, a federal investigation has been launched following the Nevada safety regulator's sudden withdrawal of violations against The Boring Company, Elon Musk's tunneling startup. Initially, Nevada's state safety regulator, OSHA, had issued three "willful" citations after a training incident resulted in injuries to two firefighters. The withdrawal came after a meeting between Boring Company President Steve Davis and senior state regulators, which has raised public concern and prompted calls for accountability. Additionally, the Boring Company faced scrutiny for illegal wastewater dumping in Las Vegas. This prompted Congresswoman Dina Titus to demand transparency regarding the company's interactions with Nevada OSHA. Consequently, Federal OSHA is reviewing Nevada's state OSHA plan to ensure its compliance with U.S. law standards.Transitioning now to business news, several venture deals have been announced. Radiant raised $300 million for portable nuclear microreactors, while Ben secured $27.5 million for its employee benefits platform. Additionally, Ankar received $20 million for its AI-powered patent operating system. In the realm of private equity acquisitions, GI Partners acquired Netwatch, and Initial Group acquired Silver Tribe Media. On the public markets front, Andersen Group raised $176 million through an IPO on the New York Stock Exchange.In the tech landscape, Amazon is experiencing significant leadership changes within its AI division. Rohit Prasad will depart from his role as head of Amazon's artificial general intelligence team at the end of the year. Peter DeSantis will succeed him, focusing on AI model development and quantum computing initiatives. Meanwhile, Oracle's plans for its largest-ever data center in Michigan have faced setbacks due to financing challenges with Blue Owl Capital withdrawing from the project.Switching gears to entertainment, a notable shift is underway as the Academy Awards transitions from Disney-owned ABC to Google-owned YouTube starting in 2028. This decision aims to leverage YouTube's global reach following declining viewership on ABC.In economic news, Christopher Waller has advocated for further rate cuts amidst weak job data, attributing stagnation in hiring to artificial intelligence's influence on job growth. He suggests that interest rates are currently above neutral levels and should be adjusted to stimulate economic activity.Finally, Stratechery has returned to being U.S.-based after significant discussions on AI and U.S. competitiveness in manufacturing. The publication emphasized AI's impact on big tech companies and broader societal issues throughout 2025.As we wrap up today's updates, these stories reflect shifting dynamics across technology leadership, financial transactions, and media distribution that could have long-term implications across various sectors. Thank you for tuning in to OWITH.ai – stay informed and connected with us as we navigate the ever-evolving landscape of AI and technology.

Support the show

Thanks for listening! Follow us on Twitter, Instagram and Linkedin

...more
View all episodesView all episodes
Download on the App Store

OWITH.ai - Only What's Important to Hear around AI and TechBy owith.ai