Good Morning!

Christmas tree is up, outside temperature is down, and I’m swapping my usual coffee for hot cocoa - the vibes are immaculate!

OpenAI has appointed Slack CEO Denise Dresser as its new Chief Revenue Officer. After 14 years at Salesforce, Dresser led Slack through its enterprise integration and brings deep experience scaling global commercial operations. Her move signals a push to scale AI adoption across businesses at a time when OpenAI’s enterprise revenue and deployment continue growing. (The Verge)

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Nvidia is evaluating expanding production of its high-performance H200 AI chips after orders from Chinese customers exceeded current output levels, according to people familiar with the matter. Demand picked up after the U.S. allowed exports of the chip to China with a 25% fee, drawing interest from companies like Alibaba and ByteDance. Regulatory approvals are still pending, and Nvidia is balancing H200 supply against its shift toward next-generation chips.(Reuters)

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The AI bubble fear is back on the table. Futures tied to the Nasdaq and S&P 500 slid as Broadcom’s results reignited concerns about an AI-driven bubble, denting optimism from recent Federal Reserve commentary. Broadcom shares fell after warning of lower future margins on AI system sales despite strong revenue projections, while other chip stocks also pulled back. The move underscored investor rotation out of big tech into other sectors even as broader markets remain poised for weekly gains. (Reuters)

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