AI, Media Rights, and Chip Policy Dominate Wednesday’s Financial News
Key TakeawaysYann LeCun, a pioneering figure in AI and head of Meta's (META) AI research lab, is reportedly set to depart the social media giant by year-end to launch his own AI startup, with Meta planning to partner with the new venture.Major League Baseball (MLB) has finalized new three-year media rights agreements with ESPN (DIS), NBC (Comcast CMCSA), and Netflix (NFLX), covering the 2026-2028 seasons.The White House is actively moving to block a proposed bill that would limit exports of crucial AI chips ...