The Rundown OpenAI Wants its Debt Deals Backed by U.S. Government, Apple Plans to Integrate Gemini into Siri
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Nov 6, 2025 The stock market show highlights an impressive rebound in Bitcoin, now above $104,000. Legal discussions about Trump's tariffs could lead to over $100 billion in refunds. OpenAI is delaying its IPO, seeking government support for financing. Apple plans to enhance Siri with Google's Gemini, indicating a significant tech collaboration. Meanwhile, Figma reports strong growth in its AI design tool, while Snap seals a $400 million partnership with Perplexity. Additionally, insights into rising first-time homebuyer ages spark conversations about affordability challenges.
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Tariff Ruling Could Force Huge Refunds
- The Supreme Court signaled skepticism that Trump's tariffs fit the International Emergency Economic Powers Act.
- If struck down, refunds could exceed $100 billion and keep markets uncertain for months.
Host Reacts To OpenAI's Funding Request
- Zaid notes the comment 'did not go over well' and recalls Fryer later backtracking the request.
- He highlights public upset at asking taxpayers to fund AI that could replace jobs.
OpenAI Seeks Government Backstop For Data Centers
- OpenAI's CFO said an IPO isn't imminent and suggested the U.S. government might backstop data-center financing.
- That comment sparked backlash because taxpayers funding AI seen as job-replacing raised political and fiscal concerns.