OpenAI has closed a staggering $110 billion funding round, more than doubling its record-setting raise from just a year ago. OpenAI CEO Sam Altman joins alongside Amazon CEO Andy Jassy to discuss the massive new capital infusion, the details behind OpenAI and Amazon’s $50 billion strategic partnership, and what comes next for agentic AI. Then, IBM vice chairman and former Trump NEC director Gary Cohn reacts to news that Block is cutting 40% of its workforce, citing AI efficiencies. Cohn discusses what those cuts signal about the future of work, the broader economy, and the market’s AI-fueled momentum. Plus, Paramount Skydance moves closer to a deal for Warner Bros. Discovery, and President Trump meets with New York City Mayor Zohran Mamdani.

Gary Cohn                       18:23

Sam Altman & Andy Jassy          32:55

In this episode:

Gary Cohn, @Gary_D_Cohn

Sam Altman, @sama

Andy Jassy, @ajassy

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Zach Vallese, @ZachVallese

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