• Police seek suspects in deadly birthday party shooting
  • Lawmakers launch inquires into U.S. boat strike
  • Nov. 29, 2025, 10:07 PM EST / Updated Nov. 30, 2025,…
  • Mark Kelly says troops ‘can tell’ what orders…

Be that!

contact@bethat.ne.com

 

Be That ! Menu   ≡ ╳
  • Home
  • Travel
  • Culture
  • Lifestyle
  • Sport
  • Contact Us
  • Politics Politics
☰

Be that!

Paramount acquires Bari Weiss' The Free Press, names her top editor of CBS News

admin - Latest News - October 6, 2025
admin
31 views 17 secs 0 Comments




The newly formed media corporation Paramount Skydance has acquired The Free Press, a right-of-center online news and commentary outlet co-founded by Bari Weiss, who will join CBS News as editor-in-chief



Source link

TAGS:
PREVIOUS
Meet the 'Chinese Trump'
NEXT
Oct. 6, 2025, 9:18 AM EDTBy ReutersSAN FRANCISCO — AMD said on Monday it will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.The deal offers OpenAI an opportunity to take a stake in one of Nvidia’s most formidable rivals and is a powerful endorsement of Advanced Micro Devices’ (AMD‘s) AI chips and software.“We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,” AMD executive vice president Forrest Norrod told Reuters on Sunday.The agreement covers the deployment of hundreds of thousands of AMD‘s AI chips, or graphics processing units (GPUs), equivalent to six gigawatts, over several years beginning in the second half of 2026.AMD said OpenAI would build a one-gigawatt facility based on its forthcoming MI450 series of chips beginning next year, and that it would begin to recognize revenue then.AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple effect of the agreement, AMD expects to receive more than $100 billion in new revenue over four years from OpenAI and other customers, they said.“Other people are going to come along with it because this is really the pioneer, a pioneer in the industry that has a lot of influence over the broader ecosystem,” AMD strategy chief Mat Hein said.The deal with AMD will help OpenAI build enough AI infrastructure to meet its needs, OpenAI CEO Sam Altman said in a statement.Analysts, on average, estimate AMD will generate revenue of $32.78 billion this year, according to LSEG data.As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chips deal. The warrant vests in tranches based on milestones that the two companies have agreed on.The first tranche will vest after the initial shipment of MI450 chips set for the second half of 2026. The remaining milestones include specific AMD stock price targets that escalate to $600 a share for the final installment of stock to unlock.AMD has 1.62 billion shares outstanding and is valued at $267.23 billion, according to LSEG data. Its shares closed on Friday at $164.67.OpenAI has a valuation of $500 billion.OpenAI wants more GPUsOpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips such as the MI300X.The San Francisco-based AI company has been taking a number of steps to ensure it has the chips needed for its future needs.In September, Nvidia announced an investment of up to $100 billion in OpenAI that included a plan to supply at least 10 gigawatts worth of Nvidia systems. The plan includes OpenAI deploying a gigawatt of Nvidia’s next-generation Vera Rubin chips in late 2026.In addition to using Nvidia hardware, cloud computing giants such as Alphabet’s GOOGL.O Google and Amazon AMZN.O build their own in-house processors. Similarly, OpenAI is in the process of developing its own silicon for AI use and has partnered with Broadcom AVGO.O, Reuters reported last year.OpenAI and its main backer Microsoft also announced last month that they had signed a non-binding agreement to restructure OpenAI into a for-profit entity, signaling further changes in the governance of the fast-growing AI company.A person familiar with the matter said the deal with AMD does not change any of OpenAI’s ongoing compute plans, including that effort or its partnership with Microsoft.ReutersReuters
Related Post
October 7, 2025
AG Pam Bondi testifies before Senate Judiciary Committee
October 9, 2025
Grand jury indicts N.Y. Attorney General Letitia James
September 30, 2025
Government close to shutdown as bill fails in Senate
September 27, 2025
Sept. 27, 2025, 12:27 PM EDTBy Natasha KoreckiCHICAGO — In the run-up to former FBI Director James Comey’s indictment, there was no question who would step up to represent him.Friend and former colleague Patrick Fitzgerald, who served as U.S. attorney in Chicago for over a decade, would spring from retirement to be his man.Nationally, Fitzgerald is best known for his role as special prosecutor in the investigation into a CIA leak that brought charges against I. Lewis “Scooter” Libby.But to Chicago, Fitzgerald is something of a legend. The George W. Bush appointee left an indelible legacy as a scrupulous, hard-charging prosecutor who disrupted the kinds of crooked backroom deals that were long a trademark of Illinois politics.Over his nearly 12-year tenure as U.S. attorney for the Northern District of Illinois, his prosecutions took down the Chicago mob, put two consecutive governors — one Republican, one Democratic — behind bars and won a conviction against a top donor to Barack Obama just as Obama was running for the White House. He jailed longtime “untouchables” in Chicago and Springfield political circles while prosecuting international cases, including a Hamas funding scheme and major terrorism cases.Still in the Chicago area, Fitzgerald retired as a top partner at the law firm Skadden, Arps, Slate, Meagher & Flom two years ago and was enjoying spending more time with his family while doing some teaching. He’s entering the national spotlight to be Comey’s attorney out of longtime loyalty to a dear friend, those close to him say.But he’s potentially embarking on what could become a political firestorm. President Donald Trump made clear in his own social media post that he wanted his attorney general to bring charges against Comey.“Comey implicitly trusts Pat Fitzgerald. They’ve been best friends, or really good friends, for years,” said Robert Grant, former FBI special agent in charge of the Chicago office at the time Fitzgerald served as U.S. attorney. “They’re that close, and he also has a tremendous amount of respect for Pat.”When Fitzgerald landed in Chicago in 2001, he was dubbed “Eliot Ness with a Harvard Law degree.” But before that, he was the first to bring a case against Osama bin Laden — in 1996 — years before bin Laden masterminded the Sept. 11, 2001, terrorist attacks. It was one-term Illinois Republican Sen. Peter Fitzgerald (no relation) who recommended Patrick Fitzgerald for the post, at the time saying he wanted someone to lead the office who was unassailable and unafraid to root out public corruption.“Pat was out of central casting to be the incorruptible guy that was in aggressive pursuit of the facts and dispensing justice and vindicating the public’s right for honest government,” said Patrick Collins, a former federal prosecutor who led the case against former Gov. George Ryan, a Republican.“As a line assistant who was intensely involved in a prosecution and worked in an office that had a reputation for prosecuting without fear or favor, having Pat Fitzgerald as your boss — he had your back,” he added. “We always knew that cases would rise or fall on the facts.”Fitzgerald’s and Comey’s personal styles couldn’t be more different. For years, Comey has publicly clashed with Trump, who fired him during his first White House term. Most controversially, Comey held a news conference days before the 2016 presidential election to disclose new findings of an investigation into Hillary Clinton’s emails. Comey also frequently posts on social media — including a video on the day of his indictment vowing to take on Trump.Comey responds to indictment saying ‘I’m innocent’00:57For his part, Fitzgerald is unassuming and does not relish being in the limelight, those close to him say. Fitzgerald, an Amherst College and Harvard Law graduate, had “a steel-trap mind” when they worked together, Grant said, describing a photographic memory that would allow him to rattle off cellphone numbers of defendants years after prosecuting a case. But his demeanor was shaped by humble beginnings in Brooklyn, where he grew up the son of a hotel doorman.“There’s a little bit of hubris you see in Comey that you don’t see in Pat,” Grant said. “When you first meet Pat, he’s so down-to-earth that you don’t realize what a brilliant mind there is behind that genial exterior. Whoever that prosecutor is, she’s up against a damn good lawyer.”Lindsey Halligan, the new interim U.S. attorney in the Eastern District of Virginia, presented the case to secure Comey’s indictment on her own, according to a source familiar with the grand jury proceedings in Alexandria, Virginia, on Thursday. A senior Justice Department official told NBC News that career prosecutors in Halligan’s office sent her a memo saying they believed probable cause did not exist to secure the indictment.Trump tapped Halligan — who has no prosecutorial experience but was on his defense team in the Mar-a-Lago classified documents case — after the previous acting U.S. attorney left the position under pressure from the president to prosecute Comey.When he gained national exposure for prosecuting Libby, Fitzgerald became something of a media darling. He was sometimes referred to jokingly as “prosecutie,” according to one of his friends, and in 2005, much to his dismay at the time, he was named in People magazine’s “sexiest men alive” issue.The straight-laced prosecutor appeared visibly uncomfortable when reporters asked him about the designation at a news conference.“I almost enjoy going back to the leak questions I can’t answer,” he said at the time. “I played a lot of practical jokes on people for a lot of years, and they all got even at once. OK, new topic.”Fitzgerald’s investigations during his time in Chicago broke open a seminal case against the criminal organization known as the Chicago Outfit. Dubbed “Operation Family Secrets,” his office brought sweeping charges against more than a dozen mobsters and exposed evidence of 18 previously unsolved murders dating back decades. He also dug into Chicago City Hall, then under the longtime grip of Mayor Richard M. Daley. A massive investigation into an illicit trucking operation sent dozens to prison and exposed the underbelly of city corruption.Fitzgerald had plenty of detractors.Many of their criticisms stemmed from one of the highest-profile cases to come of his office: the prosecution of then-Gov. Rod Blagojevich. The yearslong investigation culminated in the stunning 2008 arrest of a sitting governor. Though several of his aides were already convicted of related crimes, Blagojevich, a Democrat, spoke openly on the phone — with the FBI listening — about how he could extract a personal benefit in exchange for naming the successor to what was then Obama’s vacant Senate seat.In one of the best-known lines of the case, Blagojevich was recorded relishing a potential payout from using his power as governor to name the next U.S. senator: “I’ve got this thing, and it’s f—–g golden.”Blagojevich was also later convicted of trying to shake down a children’s hospital executive for a $25,000 campaign contribution in exchange for an increase to pediatric reimbursement rates, as well as holding up action on a horse-racing bill while he illegally sought a $100,000 campaign contribution.In laying out the charges on the day of the governor’s arrest, Fitzgerald declared Blagojevich was on a “public corruption spree” that would make “Lincoln roll over in his grave.”Fitzgerald faced criticism for making extrajudicial remarks and potentially prejudicing a jury. For years, Blagojevich assailed Fitzgerald for bringing the weight of the office against him. Trump first commuted Blagojevich’s sentence, then pardoned him earlier this year.Then there was the Libby case, which involved extensive travel to Washington, D.C., while managing the Chicago office and its myriad blockbuster cases. According to law enforcement officials who worked under him, he never dropped the ball back home. At the same time, Fitzgerald drew national attention as he handled the investigation, which sought to uncover who leaked the identity of Valerie Plame Wilson, a covert CIA agent.At one point in the case, New York Times reporter Judith Miller was jailed for refusing to disclose her sources. Fitzgerald took heat from conservatives who called him overzealous in attempting to notch a conviction against Libby, who had served as then-Vice President Dick Cheney’s chief of staff. Bush commuted Libby’s 30-month sentence, and in 2017, Trump pardoned him, saying he had heard Libby was treated unfairly.In a statement at the time, Fitzgerald defended the prosecution, saying Libby “lied repeatedly and blatantly about matters at the heart of a criminal investigation concerning the disclosure of a covert intelligence officer’s identity.”Those who worked with Fitzgerald in Chicago defended him as zealously apolitical, noting he served under presidents of both parties. They held up his body of work as evidence he was no friend to those on either side of the aisle.“I worked with him for nine years. I have no idea if he’s a Republican or a Democrat, and it quite frankly never came up. He’s entirely about justice and doing the right thing,” said Eric Sussman, a defense attorney who worked as an assistant U.S. attorney under Fitzgerald.Sussman prosecuted a corruption case against onetime media baron Conrad Black, another high-profile defendant sent to prison in that era after he was convicted of diverting proceeds from his newspaper sales for his personal use. Like with Blagojevich, Trump would eventually pardon Black.“Pat really professionalized the office and made sure that everyone underneath him operated with the same professionalism, integrity and commitment to doing the right thing in Justice,” Sussman added. “That carried over not just to the attorneys in the office, but to how people in Chicago perceived him and perceived the office that he ran.”Natasha KoreckiNatasha Korecki is a senior national political reporter for NBC News.
Comments are closed.
Scroll To Top
  • Home
  • Travel
  • Culture
  • Lifestyle
  • Sport
  • Contact Us
  • Politics
© Copyright 2025 - Be That ! . All Rights Reserved