Federal Reserve Chairman Kevin Warsh highlighted the transformative potential of artificial intelligence, calling it the most consequential change to the US and global economy in his lifetime. He described AI as a positive supply shock that could drive significant economic growth over the medium term.
Meanwhile, construction of a flagship AI data center in Norway is facing delays, with the project now six months behind schedule. To accelerate completion, workers will be housed in a floating hotel, underscoring the challenges in scaling up critical AI infrastructure.
In political news, Katie Zacharia has stepped down as President Donald Trump’s press secretary after just five days in the role. The brief tenure adds to the ongoing turbulence within the Trump administration.
Looking ahead, Veda Partners' Henrietta Treyz analyzed the road to the US midterms, while Bloomberg News reporter Randall Williams discussed the NFL's Fall Meeting and speculation around the next Super Bowl halftime headliner.