Artificial intelligence newsletter: Bubble fears ease

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Welcome to Fox News’ artificial intelligence newsletter with the latest advances in AI technology.

IN TODAY’S NEWSLETTER:

– Nvidia CEO predicts ‘incredibly good’ fourth quarter after strong profits calm AI bubble fears

– Musk predicts that “money will cease to be relevant in the future” as AI and robotics advance

– Larry Summers leaves OpenAI board amid Epstein fallout

MARKET DRIVER: Nvidia CEO Jensen Huang said Wednesday that the chipmaker is headed for an “incredibly good” fourth quarter, underscoring its dominance at the heart of the global artificial intelligence boom and easing fears of a bubble.

OBSOLETE CURRENCY: Billionaire Elon Musk On Wednesday, silver speculation may become irrelevant in the future if current innovations in artificial intelligence (AI) and robotics continue.

SCANDAL SPIRAL: Former Treasury Secretary and Harvard President Larry Summers has resigned from OpenAI’s board of directors amid the fallout from his correspondence with the late, disgraced financier. Jeffrey Epstein.

Larry Summers and Epstein

Former Harvard University President Larry Summers announces he will step back from public engagements following the publication of his correspondence with Jeffrey Epstein. (Stefan Wermuth/Bloomberg via Getty Images/Rick Friedman Photography/Corbis via Getty Images)

ADVANCED TECHNOLOGY: The General Services Administration has entered into an agreement with Perplexity AI to offer artificial intelligence services to each government agency for 25 cents each, making this the 21st contract under the OneGov initiative.

MAIN USERS: THE artificial intelligenceLayoff-related layoffs affecting U.S. businesses could impact prime borrowers, said Sebastian Siemiatkowski, CEO of Klarna.

THE ROBOT NATION: Amazon is doubling down on artificial intelligence and robotics to reimagine work in its warehouses and distribution centers, even as the company cuts thousands of corporate positions and faces growing fears about replacing human workers with machines.

United, we are: The boom in artificial intelligence promises to be more eventful than the dawn of the Internet. This will lead to a better quality of life for everyone in the first country to dominate AI. AI is already being leveraged for cancer detection and to develop autonomous vehicles that will reduce road deaths.

US President Donald Trump gives a thumbs up to reporters on the White House lawn

President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, Friday, October 10, 2025. (Shawn Thew/EPA/Bloomberg/Getty Images)

Taking control of a robot: As artificial intelligence becomes more integrated into daily life, voters have mixed opinions about how (and when) it will shape their lives – and whether that impact will be positive.

MAJOR TRAVEL: The Trump administration is preparing a sweeping executive order that would direct the Ministry of Justice sue states that enact their own laws regulating artificial intelligence, according to a draft reviewed by Fox News Digital.

OPINION: HUGH HEWITT: The fact that there is an “AI bubble” is real. No one knows when it will burst. Nobody knows the consequences. But it’s impossible to miss its giant presence in the investment world and the downstream political consequences when it appears.

“THE ART OF WAR”: During her first joint visit with Second Lady Usha Vance, First Lady Melania Trump met with soldiers and military families, praising the Marine Corps’ 250 years of service while warning that artificial intelligence (AI) will redefine modern warfare and American defense.

BECOME ROGIE: Texas mom Mandi Furniss sounded the alarm AI Chatbots after alleging one of Character.AI – one of the leading AI technology platforms – drove his autistic son to self-harm and violence.

MILITARY SUPERIORITY: THE War Department narrows its research and development strategy to six “critical technology areas” that officials say will accelerate innovation and strengthen America’s military advantage.

MISSING THE BOAT: Washington Democrats are losing the AI ​​debate. Not because they are wrong about the risks of AI, but because they have failed to offer Americans a vision of the economic transformation to come. While they focus on managing the problems, others define what comes next. Some talk about building the future, others about constraining it.

The image shows the US capital and a technological image together.

DC Democrats must take the AI ​​issue back from Republicans. (iStock)

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