Silicon Valley Billionaires Panic Over California’s Proposed Wealth Tax

Larry Page’s apparent Florida move highlights how seriously the ultra-rich are taking a one-time tax aimed at extreme wealth inequality.

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Andreessen Horowitz raises $15 billion, as VC firm goes big in infrastructure, defense

Ben Horowitz, the firms co-founder, said the latest fundraising is equal to 18% of all venture capital dollars allocated in the U.S. in 2025.

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Amazon Pharmacy starts offering Novo Nordisk’s Wegovy weight-loss pill

Eligible customers with insurance can pay as little as $25 for a one-month supply of the drug, while cash-paying options start at $149 a month, Amazon said.

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Intel stock jumps 7% after CEO meets with Trump as U.S. stake doubles value

President Donald Trump praised Intel CEO Lip-Bu Tan following their meeting and the boost to U.S. chip manufacturing.

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Google Guys Say Bye to California

Sergey Brin is joining his Google co-founder, Larry Page, in reducing ties to the state where they built their fortunes.

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Mistral AI Wins French Military Deal

France’s Ministry of the Armed Forces has taken a significant step to deepen its use of AI by awarding a framework agreement to French firm Mistral AI.
The post Mistral AI Wins French Military Deal appeared first on TechRepublic.

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X Didn’t Fix Grok’s ‘Undressing’ Problem. It Just Makes People Pay for It

X is only allowing “verified” users to create images with Grok. Experts say it represents the “monetization of abuse”—and anyone can still generate images on Grok’s app and website.

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Grok, Elon Musk’s A.I., Is Generating Sexualized Images of Real People, Fueling Outrage

Late Thursday, Mr. Musk’s chatbot, Grok, limited requests for A.I.-generated images on X to paid subscribers of the social media site amid an outcry from victims and regulators.

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Inside Apple’s Succession Plan: One Name Keeps Coming Up

Apple is quietly planning for life after Tim Cook. Inside the succession talks, one internal executive is increasingly seen as the likely successor.
The post Inside Apple’s Succession Plan: One Name Keeps Coming Up appeared first on TechRepublic.

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Jobs data, a potential tariff ruling, the latest on Venezuela and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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