Janus Henderson CEO Ali Dibadj said the firm is energized by its move to private ownership and is using the flexibility to invest in people, technology including AI, new products and client service. He said quarterly earnings pressures had constrained those investments, despite the firm’s growth as a public company. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Nvidia CEO Jensen Huang said he would halt the supply of chips to a customer that was developing unsafe AI software, though he doesn’t believe that the current level of concern about the technology is warranted. AI executives such as Anthropic CEO Dario Amodei have proposed an industrywide slowdown to address the concerns. Meantime, Anthropic held an investor day Wednesday as it advances plans for a potential IPO at an approximately $2 trillion valuation, amid growing concerns about AI […]

Vanguard President and CIO Greg Davis said the CPI report was one data point for markets and the Federal Reserve to assess, while noting inflation remains above the Fed’s 2% target and the Fed still has work to do. Davis said Vanguard generally expects one to two rate hikes over the coming months, depending on incoming data. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

A merger between Elon Musk’s Tesla Inc. and SpaceX could be announced ahead of the electric-vehicle maker’s annual general meeting, according to analysts at Barclays.

Rocket Lab Corp. again delayed the debut of its new, more powerful Neutron rocket, pushing the vehicle’s first flight to 2027.

Apple is planning to launch Apple Intelligence in mainland China in December. This is a huge market for the company. Bloomberg's Mark Gurman broke the news and has more on "Bloomberg The Close." (Source: Bloomberg)

Kairos Power LLC, a nuclear-energy startup, lined up $643 million in private and government funding to support construction of its demonstration reactor in Tennessee.

Apple Inc. is gearing up to release its artificial intelligence platform in mainland China, following a lengthy regulatory delay that has kept the company’s AI features out of one of its most important markets.