Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War

China Dismisses Report Of Top Chipmaker Aiding Iranian Forces As "Fake News" Beijing moved into damage-control mode on Friday, with its foreign ministry dismissing a Reuters report that cited two senior Trump administration officials alleging that SMIC, China's largest chipmaker, had sent chipmaking tools to Iran, as "false information." Asked about the report at a regular news conference in Beijing, foreign ministry spokesman Lin Jian said he was "not familiar with the situation" and added, "What I can tell you is that recently, some media have been keen on releasing...

Oklo, NVIDIA, And Los Alamos Working On Plutonium-Powered AI  Oklo announced an agreement with NVIDIA and Los Alamos National Laboratory (LANL) to advance critical nuclear infrastructure, AI-enabled research, and nuclear fuel R&D at Los Alamos.  The partnership aligns Oklo’s advanced reactor platform, NVIDIA’s AI infrastructure, and LANL’s deep expertise in materials science and nuclear fuels. Together, the trio aims to accelerate deployment of resilient, high-assurance energy while supporting the federal government’s Genesis Mission. Initial projects focus on physics- and chemistry-based AI models for fuel validation, materials science and fabrication R&D on plutonium-bearing...

Guggenheim AI Survey Finds Adoption Surging Across Large IT Enterprises As Mass Layoff Fears Fall Flat Building on Goldman's estimate that AI adoption across corporate America currently stands at roughly 20.6% and could rise to 24% by year-end, a Guggenheim Securities survey of 150 large-enterprise IT professionals found that 81% of respondents have already deployed AI agents. Anthropic and OpenAI are leading adoption among AI-native platforms, reinforcing the view that the enterprise chatbot and frontier-model battle is increasingly becoming a two-pony race. The survey found that enterprise adoption of AI...