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

admin - Latest News - October 6, 2025
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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



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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
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Oct. 8, 2025, 9:14 AM EDT / Updated Oct. 8, 2025, 2:06 PM EDTBy Megan LebowitzPresident Donald Trump said in a post to Truth Social on Wednesday that Chicago Mayor Brandon Johnson and Illinois Gov. JB Pritzker “should be in jail” in an escalation of his conflict with the two Democratic officials.”Chicago Mayor should be in jail for failing to protect Ice Officers!” he said in the post. “Governor Pritzker also!”The president’s post comes a day after Texas National Guard troops arrived in Illinois, despite the Democrats’ fierce opposition. Trump has threatened for weeks to send troops to Chicago as part of a crime-fighting and immigration effort, and Democrats have slammed his push as overreach and a political stunt.Reached for comment, White House spokesperson Abigail Jackson said that “JB Pritzker and Brandon Johnson have blood on their hands” and accused them of having “stood idly by while innocent Americans fall victim to violent crime time and time again.”She argued that “instead of taking action to stop the crime, these Trump-Deranged buffoons would rather allow the violence to continue and attack the President for wanting to help make their city safe again.”The statement did not address NBC News’ questions about what crimes the president believes Johnson and Pritzker and whether the White House planned to try to have federal agents arrest them.Texas National Guard troops arrive outside Chicago02:11Pritzker responded to the president in a post to X, saying, “I will not back down.”“Trump is now calling for the arrest of elected representatives checking his power,” he said in the post. “What else is left on the path to full-blown authoritarianism?”Later, Pritzker told reporters that Trump is “a coward.””He likes to pretend to be a tough guy,” Pritzker said of the president. “Come and get me.”Reached for comment, Johnson said that “this is not the first time Trump has tried to have a Black man unjustly arrested.”“I’m not going anywhere,” he added.On Monday, Illinois sued in an attempt to prevent the White House from deploying federalized troops to Chicago. A judge scheduled a hearing on the case for Thursday and declined to sign a temporary restraining order, which would have blocked the administration as the case proceeds in court. The president’s comments come as protests across Immigration and Customs Enforcement have rippled across the country as the administration ramped up efforts to detain and deport migrants. The White House has previously argued that deploying the National Guard is necessary to “protect federal assets and personnel” and prevent “attacks on law enforcement.”Trump first deployed the National Guard to Los Angeles, over Gov. Gavin Newsom’s objections, after protests broke out in response to immigration raids. The president then ordered the National Guard to the streets of D.C., painting it as an effort to fight crime. The administration is also trying to send federalized National Guard troops from California to Portland, Oregon, but a judge granted a temporary restraining order this week to block the move as the case is considered in court. A Pentagon spokesperson had said that the troops would have worked to “support U.S. Immigration and Customs Enforcement and other federal personnel performing official duties, including the enforcement of federal law, and to protect federal property.” In Chicago, a frequent target of the president, Johnson signed an executive order on Monday in an effort to block immigration agents from using city property during their operations in Chicago. “We will not tolerate ICE agents violating our residents’ constitutional rights nor will we allow the federal government to disregard our local authority,” Johnson said in a press release marking the so-called “ICE Free Zone” executive order. Pritzker has emerged as a leading critic of the Trump administration as his state faces the president’s ire. Trump has compared Chicago to a “war zone,” and Pritzker said Sunday in an interview on CNN’s “State of the Union” that “they’re just making this up.””Then what do they do? They fire tear gas and smoke grenades, and they make it look like it’s a war zone,” Pritzker said on Sunday, appearing to refer to federal agents. “And they, you know, get people on the ground are, frankly, incited to want to do something about it, appropriately.”In recent days, Pritzker also said that he believed that Trump should be removed from office. “There is something genuinely wrong with this man, and the 25th Amendment ought to be invoked,” he said, referring to a process for removing the president from office.On Tuesday, Pritzker was asked during an event whether he believed he could be arrested. “I’m asking any of you to come visit me in the gulag in El Salvador,” Pritzker joked, referring to the prison where the Trump administration has deported some immigrants.House Speaker Mike Johnson did not say whether he believed Mayor Johnson and Pritzker should be jailed when asked by NBC News about Trump’s post. “Should they be in prison? Should the mayor of Chicago and the governor of Illinois be in prison?” Johnson responded. “I’m not the attorney general. I’m the Speaker of the House, and I’m trying to manage the chaos here. I’m not following the day-to-day on that.”Trump has repeatedly threatened legal action against some of his political opponents, including former FBI Director James Comey and New York Attorney General Letitia James. Last month, he urged Attorney General Pam Bondi in a post to Truth Social to not “delay any longer,” slamming his political opponents and writing, “JUSTICE MUST BE SERVED, NOW!!!”Comey was indicted days later and is set to be arraigned on Wednesday. Megan LebowitzMegan Lebowitz is a politics reporter for NBC News.Natasha Korecki and Julie Tsirkin contributed.
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