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Berkshire Hathaway announced Thursday that it has resumed stock buybacks for the first time since 2024, and separately announced that new CEO Greg Abel has personally purchased $15 million worth of stock, the equivalent of his annual after-tax income.Abel told CNBC he plans to continue using his entire paycheck to buy Berkshire stock every year.The Omaha, Nebraska-based conglomerate said in a regulatory filing that it began repurchasing its Class A and Class B shares on Wednesday. According to its annual report released over the weekend, Berkshire’s stated policy allows the company to buy back its own stock at any time…
On Thursday, OpenAI released GPT-5.4. This is a new foundation model that is being touted as “the most capable and efficient frontier model for professional work.” In addition to the standard version, GPT-5.4 is also available as an inference model (GPT-5.4 Thinking) or a model optimized for high performance (GPT-5.4 Pro). The API version of this model will be available in a context window of 1 million tokens, the largest context window ever available in OpenAI. OpenAI also stated that GPT-5.4 was able to solve the same problem with significantly fewer tokens than its predecessor, highlighting improved token efficiency. The…
Dario Amodei, co-founder and CEO of Anthropic, speaks to Bloomberg TV in San Francisco on December 9, 2025.David Paul Morris | Bloomberg | Getty ImagesAnthropic CEO Dario Amodei acknowledged Thursday that the U.S. government has designated the company a supply chain risk, saying he has “no choice” but to challenge the designation in court.The startup has been at odds with the Department of Defense over how its artificial intelligence model, known as Claude, is used, and late last week learned through social media posts that it was being blacklisted from government contracts.Anthropic sought assurances that its technology would not be…
Check out the companies making the biggest moves in pre-market trading: BJ’s Wholesale Club — The warehouse giant fell 4.5% after its full-year earnings guidance fell short of expectations. BJ’s Wholesale expects adjusted earnings to be between $4.40 and $4.60 per share, compared with the consensus estimate of $4.66 per share, according to FactSet. However, profits and sales for the fourth quarter exceeded expectations. Trade Desk — Shares soared 19% after The Information reported that OpenAI was in early talks with Trade Desk to sell ads. Broadcom — The leading chipmaker soared 6.4% after reporting strong first-quarter results, including a…
AI video generation startup Luma on Thursday launched Luma Agents, designed to handle end-to-end creative work across text, images, video, and audio. The Luma agent is powered by the startup’s Unified Intelligence family of models, with an architecture trained on a single multimodal inference system. Luma Agent is being pitched as a new way of working for advertising agencies, marketing teams, design studios, and enterprises. Luma says its agents can plan and generate text, images, video, and audio while working with other AI models, including Luma’s Ray 3.14, Google’s Veo 3 and Nano Banana Pro, ByteDance’s Seedream, and Eleven Labs’…
microsoft announced Thursday that it will continue to incorporate startup Anthropic’s artificial intelligence technology into its products for customers other than the U.S. Department of the Army. The statement came on the same day that the federal agency notified Anthropic that it was classifying the company as a supply chain risk. Anthropic later said it intended to challenge the move in court.”Our lawyers have reviewed this designation and have concluded that Anthropic products, including Claude, will continue to be available to our non-Department of the Army customers through platforms such as M365, GitHub, and Microsoft’s AI Foundry, and that they…
Difficulties with Jamie Lynn SpearsBritney says she went to rehab voluntarily in early 2019, at which time she wrote, “My dad told me if I didn’t go, I’d have to go to court and I’d be embarrassed.” She remembers being prescribed lithium and being kept there for months “against my will.” “I couldn’t go outside,” she continues. “I couldn’t drive. I had to donate blood every week. I couldn’t take a bath by myself. I couldn’t close the door to my room.” Britney texted Jamie Lynn Spears from the facility, asking for help, she wrote. According to the book, her…
Victoria’s Secret store in New York.Scott Mullin | CNBCvictoria’s secret The company is expected to report better-than-expected sales growth on Thursday, beating expectations for the holiday quarter, as CEO Hilary Super’s turnaround plan continues to resonate with shoppers. The traditional bra and underwear company beat Wall Street expectations on both sales and bottom line and announced guidance that beat Wall Street expectations. Victoria’s Secret expects sales of $1.49 billion to $1.53 billion for the quarter, beating expectations of $1.42 billion. The company expects this momentum to continue for the full year, with sales expected to be between $6.85 billion and…
The Department of Defense (DOD) has formally notified Anthropic leadership that the company and its products have been designated as supply chain risks, Bloomberg reported, citing a senior Department of Defense (DOD) official. The designation comes after weeks of conflict between the AI Institute and the Department of Defense. Anthropic CEO Dario Amodei has refused to allow the military to use his AI systems for mass surveillance of American citizens or to power fully autonomous weapons without human assistance in determining targets and firing shots. The ministry maintains that the use of AI should not be restricted by private contractors.…
It’s not just your wardrobe that deserves a spring refresh. Your makeup and skincare routine needs a little seasonal TLC. Luckily, we have the perfect (on sale!) update. Laura Geller’s favorite Baked Balance and Brighten Color Correcting Foundation and Baked Blush and Bronze Marbleized 2-in-1 Sculpting Blush are both on sale. This deal is part of a supersized set, meaning you can get both for a whopping 57% off (currently $49.98, sold separately for $117.13). This cult-favorite duo is a true IRL airbrush tool that blurs imperfections, fine lines, and pores to create the most radiant post-tan look. The foundation…