1 00:00:00,960 --> 00:00:04,400 Speaker 1: News when you want it with Bloomberg News Now, I 2 00:00:04,519 --> 00:00:08,600 Speaker 1: made kalgi in. Nvidia CEO Jensen Wang says the company 3 00:00:08,640 --> 00:00:12,640 Speaker 1: will absolutely be involved in open AI's current funding round, 4 00:00:12,720 --> 00:00:15,520 Speaker 1: despite a recent report from The Wall Street Journal saying 5 00:00:15,840 --> 00:00:19,040 Speaker 1: that negotiations had stalled. I believe in open ai. The 6 00:00:19,079 --> 00:00:22,079 Speaker 1: work that they do is incredible, that one of the most. 7 00:00:21,920 --> 00:00:25,960 Speaker 2: Consequential companies of our time, and I really love working 8 00:00:26,000 --> 00:00:26,560 Speaker 2: with Sam. 9 00:00:26,880 --> 00:00:30,600 Speaker 1: That'swang speaking to reporters Saturday in Taiwan. He also says 10 00:00:30,640 --> 00:00:34,840 Speaker 1: he supports every developer that uses its software. After US 11 00:00:34,960 --> 00:00:37,839 Speaker 1: lawmaker accused the chip giant of offering tech support that 12 00:00:37,880 --> 00:00:42,240 Speaker 1: helped China's Deep Seek improve its AI model. A judge 13 00:00:42,240 --> 00:00:45,120 Speaker 1: on Saturday ordered the US to release five year old 14 00:00:45,280 --> 00:00:49,360 Speaker 1: Liam Kanejo Ramos and his father from a Texas detention 15 00:00:49,520 --> 00:00:51,960 Speaker 1: center where they were taken after being detained at a 16 00:00:52,000 --> 00:00:56,319 Speaker 1: Minneapolis suburb last month. US District Judge Fred Berry, who 17 00:00:56,360 --> 00:00:59,680 Speaker 1: was appointed by former Democratic President Bill Clinton, said in 18 00:00:59,720 --> 00:01:02,760 Speaker 1: his ruling the case has its genesis in the ill 19 00:01:02,880 --> 00:01:08,720 Speaker 1: conceived and incompetently implemented government pursuit of daily deportation quotas, apparently, 20 00:01:08,760 --> 00:01:12,919 Speaker 1: if it requires traumatizing children, a US judge has denied 21 00:01:12,959 --> 00:01:16,720 Speaker 1: Minnesota's request to pause the Trump administration's recent surge of 22 00:01:16,840 --> 00:01:20,320 Speaker 1: thousands of immigration enforcement agents in the state. U S 23 00:01:20,400 --> 00:01:24,160 Speaker 1: District Judge Catherine Menendez's order will allow Immigration and Customs 24 00:01:24,240 --> 00:01:29,119 Speaker 1: enforcements and other agencies to maintain approximately three thousand officers 25 00:01:29,120 --> 00:01:32,920 Speaker 1: deployed in Minnesota, primarily in the twin cities of Minneapolis 26 00:01:32,920 --> 00:01:37,200 Speaker 1: and Saint Paul, since Operation Metro Surge launched late last year. 27 00:01:37,600 --> 00:01:41,400 Speaker 1: An administration official previously told the court that region normally 28 00:01:41,400 --> 00:01:46,520 Speaker 1: has about eighty officers performing immigration enforcement operations. US Attorney 29 00:01:46,600 --> 00:01:49,720 Speaker 1: General Pam Bondi called the ruling another huge legal win 30 00:01:49,760 --> 00:01:53,040 Speaker 1: in Minnesota in a post on X, while Minneapolis Mayor 31 00:01:53,120 --> 00:01:56,680 Speaker 1: Jacob Fryes said city officials were disappointed with the ruling. 32 00:01:57,400 --> 00:02:01,720 Speaker 1: Senate Republicans are split on democrats demands for immigration enforcement 33 00:02:01,760 --> 00:02:05,960 Speaker 1: restrictions that have prompted a partial government shutdown. Bloomberg's Nathan 34 00:02:05,960 --> 00:02:08,600 Speaker 1: Hager has more on what they're saying to Bloomberg. Governments. 35 00:02:08,639 --> 00:02:11,519 Speaker 2: North Carolina's Tom Tillis says he supports body cameras in 36 00:02:11,600 --> 00:02:15,040 Speaker 2: de escalation training, but he has concerns about ice officers 37 00:02:15,080 --> 00:02:18,360 Speaker 2: being banned from wearing masks in case they're docks online. 38 00:02:18,520 --> 00:02:22,000 Speaker 2: West Virginia's Shellingmore Capital says she's open to reforms as well, 39 00:02:22,160 --> 00:02:25,000 Speaker 2: but negotiations between the White House and Democrats may be 40 00:02:25,080 --> 00:02:28,880 Speaker 2: the best path forward. Texas Republican Ted Cruz says Democrats 41 00:02:28,880 --> 00:02:32,119 Speaker 2: have decided their number one priority is to protect illegal aliens. 42 00:02:32,200 --> 00:02:35,200 Speaker 2: As he puts at, cameras are not the Democrat's friend 43 00:02:35,520 --> 00:02:38,280 Speaker 2: in Washington. I'm Nathan Hager Bloomberg. 44 00:02:37,840 --> 00:02:40,800 Speaker 1: Radio dovetailing with this. President Trump told a Fox News 45 00:02:40,800 --> 00:02:45,160 Speaker 1: reporter on Saturday that government funding is going fine. Excellon 46 00:02:45,160 --> 00:02:48,080 Speaker 1: Mobile and Chevron are weighing President Trump's call to invest 47 00:02:48,120 --> 00:02:52,880 Speaker 1: in rebuilding Venezuela's oil industry. Bloomberg's Monica Rix has details. 48 00:02:53,080 --> 00:02:56,559 Speaker 3: CEOs of both oil companies are discussing long term opportunities 49 00:02:56,600 --> 00:02:59,480 Speaker 3: in Venezuela, but are hesitant to commit new capital there. 50 00:02:59,639 --> 00:03:02,519 Speaker 3: Sat polytical and legal reforms are still needed to protect 51 00:03:02,560 --> 00:03:05,880 Speaker 3: their investments right now. Chevron's the only US oil major 52 00:03:05,880 --> 00:03:09,040 Speaker 3: in Venezuela, but only plans to increase production over the 53 00:03:09,080 --> 00:03:13,880 Speaker 3: next two years there using existing assets. Despite President Trump's push, 54 00:03:14,000 --> 00:03:18,360 Speaker 3: Exon Mobile CEO Darren Woods also stressed changes would take time, 55 00:03:18,560 --> 00:03:21,000 Speaker 3: a more positive tone from earlier this month, when he 56 00:03:21,080 --> 00:03:25,840 Speaker 3: called the country uninvestable. Monica Rix Bloomberg Radio Way Moo. 57 00:03:26,000 --> 00:03:29,400 Speaker 1: Alphabet's autonomous driving unit is aiming to raise about sixteen 58 00:03:29,440 --> 00:03:31,760 Speaker 1: billion dollars in a financing round that would value the 59 00:03:31,840 --> 00:03:35,160 Speaker 1: unit nearly one hundred ten billion dollars. The parent company 60 00:03:35,200 --> 00:03:38,320 Speaker 1: would provide about thirteen billion to the Robotaxi firm, while 61 00:03:38,320 --> 00:03:42,360 Speaker 1: the rest would come from others, including new investors Zakoya Capital, 62 00:03:42,680 --> 00:03:46,800 Speaker 1: DST Global, and Dragoneir Investment. The prior investment round in 63 00:03:46,840 --> 00:03:49,839 Speaker 1: October of twenty four valued the company above forty five 64 00:03:49,840 --> 00:03:53,240 Speaker 1: billion dollars in was led by Alphabet, which also owns Google. 65 00:03:53,400 --> 00:03:56,920 Speaker 1: Congress remains divided over how to prevent another air tragedy, 66 00:03:57,000 --> 00:03:59,400 Speaker 1: one year after a mid air collision over Washington, d 67 00:03:59,520 --> 00:04:04,160 Speaker 1: C killed sixty seven people. Bloomberg's Amy Marris reports from Washington. 68 00:04:04,240 --> 00:04:07,320 Speaker 4: A bipartisan group of Senators is pushing for more surveillance 69 00:04:07,320 --> 00:04:10,600 Speaker 4: technology and aircraft. A bipartisan group in the House wants 70 00:04:10,680 --> 00:04:13,520 Speaker 4: to wait. They released a statement saying they appreciate the 71 00:04:13,560 --> 00:04:17,680 Speaker 4: work being done by everyone, including the National Transportation Safety Board, 72 00:04:18,040 --> 00:04:21,000 Speaker 4: but that they'll review the NTSB report and then decide 73 00:04:21,040 --> 00:04:24,600 Speaker 4: what to do. The NTSB made forty eight safety recommendations, 74 00:04:24,600 --> 00:04:26,760 Speaker 4: and they warned that they have to be implemented or 75 00:04:26,800 --> 00:04:29,800 Speaker 4: this could happen again. This past week marked the one 76 00:04:29,880 --> 00:04:32,800 Speaker 4: year anniversary of the crash between an army helicopter and 77 00:04:32,839 --> 00:04:36,560 Speaker 4: a passenger plane near Reagan National Airport in Washington, Amy 78 00:04:36,600 --> 00:04:37,640 Speaker 4: Morris Bloomberg Radio. 79 00:04:37,760 --> 00:04:41,400 Speaker 1: Bitcoin fell sharply in early Saturday afternoon trading in New York, 80 00:04:41,440 --> 00:04:44,279 Speaker 1: tumbling below the eighty thousand dollars mark to hit levels 81 00:04:44,360 --> 00:04:47,599 Speaker 1: last seen in April twenty twenty five. The decline came 82 00:04:47,640 --> 00:04:51,280 Speaker 1: amid thin liquidity and limited buying interest, deepening a drawdown 83 00:04:51,560 --> 00:04:54,080 Speaker 1: that has erased more than thirty percent from the world's 84 00:04:54,160 --> 00:04:58,640 Speaker 1: largest cryptocurrency. Japan and Britain agreed Saturday to accelerate cooperation 85 00:04:58,720 --> 00:05:03,040 Speaker 1: on cybersecurity the supply of critical minerals as China's influence 86 00:05:03,080 --> 00:05:05,719 Speaker 1: grows in the region. British Prime Minister kir Starmer said 87 00:05:05,720 --> 00:05:09,479 Speaker 1: his visit to Japan comes at a time when geopolitical, economic, 88 00:05:09,560 --> 00:05:14,560 Speaker 1: and technological shocks are literally shaking the world. In sports, 89 00:05:14,600 --> 00:05:17,880 Speaker 1: the NBA has suspended Philadelphia seventy six ers forward Paul 90 00:05:17,920 --> 00:05:21,200 Speaker 1: George twenty five games for violating the league's drug policy, 91 00:05:21,600 --> 00:05:24,560 Speaker 1: and at the women's final at the Australian Open, Elena 92 00:05:24,680 --> 00:05:29,839 Speaker 1: Rebakena defeated Arena Sablenka six four four six sixty four. 93 00:05:30,279 --> 00:05:33,000 Speaker 1: That's news when you want it with Bloomberg News. Now 94 00:05:33,320 --> 00:05:36,280 Speaker 1: I'm in Kleggi. This is Bloombust.