how much of a leg up does elon musk have over sam altman although sam altman and openai are the firsten the leader in the race the last couple of years particularly with chatgpt which launched in 2022 and has more than 300 million users every week. they are seen as leaders here. it's a really key time for google, x-a.i. and apple and amazon. everyone is trying to catch up and move forward. now musk as those around him say he not going to use his political position and the fact he has the incoming president trump's ear to advantage himself, they say he will play fair and be mag man man gnanomo. on one hand, you know, you could have musk sort of influencing regulations and advising the president to help him catch up since x-a.i. is the smaller company in the space and people are concerned about that. equally, he is also competing in the market. he opened up a huge super computer with hundreds of thousands of nvidia gpus. he will compete in the market, but also he can use his policy position to advantage himself and get ahead of the other companies that are currently a lot more experienc

>> well, elon musk has a long list of enemies, but sam altman is near the top of it. he has been openly feuding with sam altman and actually filed an expanded lawsuit against him since the election. and since becoming first buddy. and he's been all over x saying he doesn't trust him and giving him trump like nicknames like swindling sam. >> we have a little sound to this effect just so people can see what you're talking about. let's play that i don't trust sam altman and i don't think we want to have the most powerful ai in the world controlled by someone who is not trustworthy yikes if you're sam altman. >> yeah, i mean, this new administration is going to have vast power over the direction that ai goes for all i and elon musk has a huge amount of influence over what is happening right now in the administration. he's been pushing for appointments, he's been making loud calls. and if you want a favor from trump right now, a good person to talk to is elon musk so that is not a person who you want to be openly saying that he doesn't trust you. >> so talk to us more abou

openai chief sam altman is on stage at the dealbook summit.ds today as we await powell and beige book data this afternoon. adp came in pretty much in line. stay with us. hi, i'm damian clark. i'm here to help you understand how to get the most from medicare. if you're eligible for medicare, it's a good idea to have original medicare. it gives you coverage for doctor office visits and hospital stays. but if you want even more benefits, you can choose a medicare advantage plan like the ones offered at humana. our plans combine original medicare with extra benefits in a single, convenient plan with $0 or low monthly plan premiums. these plans could even include prescription drug coverage with $0 copays on hundreds of prescriptions. and medicare advantage plans ensure that your covered medical costs will never go above a maximum out-of-pocket amount that you know beforehand. most humana medicare advantage plans include dental coverage with $0 copays for covered preventive dental services. vision coverage that includes vision exams and a yearly all

that was what was posed to sam altman from andrew at deal book and his answer was it would be extremely unamerican i mean, musk, a lot of the tech guys that are in the white house, they say that they're capitalists, right they don't want to interfere with market forces so if you take that at its face value, which sam altman is, you don't think that musk is actually going to do anything the question is, scott, which is totally unanswerable, will the power corrupt? will he be tempted to do things where he can now that he has the incoming president's ear i mean, these are such complicated questions that extends past openai as well. if you believe that generative ai is the most transformative, powerful technology in a generation, this will also have implications on how it's developed, what kind of guardrails, if any, will be in place. we know that musk is a lot more worried about the negative and sort of the scary impacts of generative ai where someone like sam altman thinks that if you crack down on generative ai at all or put in guardrails, that you could hurt its innovation and developme

that includes openai ceo sam altman and retired fire chief joanne hayes-white. there's also former stockton mayor michael tubbs who is a special adviser to governor newsom. newsom's first chief of staff ann o'leary is also on the team. former mayor willie brown says he believes lurie is focused on san francisco, not political gain. >> i got to believe that his interests will not be to be the next governor or the next president and if that happens, he's got a good shot because quality people will work with him. >> that's quite an endorsement. lurie says the team is going to come up with a 100-day plan with accountability built in. joining me live now is san francisco mayor-elect daniel lurie. thanks for being here. >> thanks for having me, anne. >> so the election has been a little over a month. what have you been doing to prepare to take the reins just next month? >> doing a lot of listening, a lot of walking. i just came back from walking down sixth street and seeing what your previous segment talked about that restaurant owner struggling with street conditions

and came out for sam altman and so it kind of solved like a debate that was out there.rles: industrials and favor for a lot of people and reasons going into 2025 and three thing this is week. >> yeah, kind of a beaten down sector and one of the laggards and q3 earning seasons and they saw year over year eps down and revenues down and what's the outlook going to be for upcoming year and q4 expected to be one of the laggards and potentially in the running to be a favorite for 2025. something i thought was interesting on goldman sachs conference and always looking for changes in speakers. the higher up the management chain you go, the more bullish it is for the stock. honeywell just started this. charles: a lot of folks came on the show like honeywell. >> they wouldn't give 2025 guidance and said there's too much uncertainty and call before the election and said, you know, geopolitical tensions and going to wait till january and maybe this is a chance for us to hear from them earlier. charles: going to the conference and guys in the mail room speaking and sell the stock. w

trump has met with the open ai founder, sam altman, as well as meta's mark zuckerberg, both pledging millions of dollars to his inaugural fund. how do you think his relationship with silicon valley is going to be? >>>>well, clearly, he's been very, very critical of silicon valley as being too left leaning, not welcoming of his messages. and that has really paired with some of these entrepreneur billionaires, as it were, now being very skeptical about big tech, because they're saying it squishes small tech, as it were, meaning entrepreneurial tech and startups that some of these billionaires, of course, are now funding themselves. and so, so clearly the relationship has been strained, given the influence that these billionaires will have, maybe that relationship will be turned around and will be more balanced because they get more of a say against big tech. so that remains to be >anne>seen. yeah. locally, it looks like san francisco's new mayor. dan daniel lurie, said that he is going to lean heavily into ai and open ai founder sam altman is part of his transition team. what do you th

you'll hear from sam altman next. and as the a.i.s off, at&t plans to build out the infrastructure needed to bring its capabilities to your mobile phones, your laptop toes because, guess what? the whole system is growning under these chat bot demands. ceo john stank by, at&t, is here next to talk about it all following yesterday's ambitious announcements at its investor day. "claman countdown "coming right back. dow is at a record. the s&p and the nasdaq at records. it's a big day for the markets. glad you're right here with us. ♪ ♪ ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. across all your benefits and savings options. so you can feel confident in your financial choices. they really know how to put two and two together. voya, well planned, well invested, well protected. to go further, you need to be ready for what's down the road. as energy demand continues to rise, we're harnessing breakthroug

they include sam altman, the ceo of openai. mark zuckerberg's meta, and as well, jeff bezos, who we just found out the amazon founder gave him $1 million as well. and obviously some really interesting names because trump has clashed at times with the washington post, who jeff bezos owns. also, sam altman is someone who has had a contentious relationship with elon musk, who has become a very important figure in donald trump's orbit. and also last night, we learned that donald trump dined with apple ceo tim cook, someone who he has had a relationship with over the years. just showing you how important these tech ceos feel, having a relationship with the former president and now president elect donald trump is especially given how contentious their relationship has been in the past and how much donald trump has criticized the tech sector over what he said has been unfair treatment of him. but now, given how important trump and the role he will play in regulating these industries going forward, we don't really know what his plan is

you've got the ceo of a >> openai sam altman. commander, paul yet, but as well, us about walk us through the conversations that you guys are having every week and what's the game plan? what we want to build administration rooted in accountability and diversity of our great city. we have great candidates for many different positions, said and team has been helping me think through who those candidates are. i'm sitting down with current department heads and we're having conversations like i said, we would and there's some great candidates coming through our portal and sundown with one-on-one and i have to give a shout out to our co chairs. they have been incredible. paul. yep. sam altman, mayor michael tubbs, nancy tung and jose can yanis among others. >> very good. >> san francisco obviously has a bit of an image problem. people often ask if it's safe to visit. is there a message of reassurance you can provide for folks who want venture out to san francisco, but they're not sure if it's safe. it is s a p d is doing an incredible j

you listen to griffin praising him as an entrepreneur, then you juxtapose that with sam altman, those two have shall we say a history, one tied up in courts, and what's interesting about that is elon musk someone identifiable with spacex and tesla, and he has a burgeoning a.i. company of his own. what sam was getting at is he is in a position with trump's influence to potentially guide the government to favor companies he has in a.i., in other sectors, and i saw what i thought was a pretty genuine response from sam altman believing that he wouldn't exploit the power that he has, i'm talking about elon musk here, i know that came up with jeff bezos as well, because he has an interest in space, too. he also very publicly at the conference today doubled down on that as well, there's no way elon musk would exploit these connections he has to benefit his own companies. i think jury is out, on how close that seems to be. >> ron, are we sure we are getting that right in how close musk and trump are? he is the head of the department of government efficiency. they do nothing. they have no mand

it is all part of musk's effort to take on open ai and its chief executive sam altman. last month the billionaire expanded his lawsuit against the chat gptmaker arguing open ai and microsoft are ill legally trying to monopolize the ai market. what a boost from memphis, tennessee. fantastic stuff. stuart: all that stuff going into memphis is a boost indeed. take a look at micro strategy surging after bitcoin topped one hundred thousand dollars for the first time ever. charles payne is with me this morning. before we get to the bitcoin surge i want to go back to what i was saying in "my take" that there is a new positive mood in the country which you can't measure, you are telling me you can measure it. charles: i will start with a couple measures and here's the interesting thing. one, the farmers of america, exploding, the optimism. what they see down the road and cfos on the other end and then in the middle you've got young voters, the most disparate areas of the nation all quantitative, and the last 24 hours that will blow your mind. in addition to brian's point fieldi

so far, it has seen million dollar contributions from meta, amazon and openai's sam altman.thing in 2017. amazon upped its amount ahead of jeff bezos' meeting next week that trump alluded to at the new york stock exchange yesterday. this is a significant step in support from those three versus the biden 2021. it's a way to counter musk's influence. zuckerberg and bezos, they have been punching bags of trump. this won't guarantee them protection. but a million dollars is small stakes for them. it could make a difference between having a say in the conversation versus watching from the sidelines or getting caught in the crosshairs. this is really a strategy that tim cook perfected in his dealings with trump in previous years. there was an article that detailed how cook developed a personal relationship with the president-elect by appealing to him through phone calls and meals versus sending government relations executives or lobbyists. that news from "the new york times" that he is heading down there for dinner tonight, that makes sense. >> it does. remember tim apple? it's no

caroline: sam altman this week briefly same 2025, right? >> right and we are seeing progress. some people are saying we have not yet seen a gpt five level model or the next date model from anthropic. that's the concern. caroline: serving the foreign my . -- shirin, thank you for joining us. to go further, you need to be ready for what's down the road. as energy demand continues to rise, we're harnessing breakthrough innovations to increase production in the u.s. gulf of mexico. our latest deepwater development, anchor, produces previously inaccessible oil and natural gas, allowing us to deliver the energy we all need today so everyone can follow their own road. that's energy in progress. (♪♪) (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com sonali: from new york to viewers

sam altman's newest venture sparked the need for more energy sources. ai data centers are up across the united states. the altman backed company which is a publicly traded stock just inked a new deal. we will tell you who it isn't how the stock is moving, more in a moment. later, wall street still digesting the fed's inflation prediction and rate cut forecast. joe mobley is here to tell us why the market got so spooked during powell's presser and how he sees things shaking up in the new year. "the claman countdown" shaping up, the dow up 140 points. to go further, you need to be ready for what's down the road. as energy demand continues to rise, we're harnessing breakthrough innovations to increase production in the u.s. gulf of mexico. our latest deepwater development, anchor, produces previously inaccessible oil and natural gas, allowing us to deliver the energy we all need today so everyone can follow their own road. that's energy in progress. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discov

>> sam altman, open a.i. >> sam altman, open a.i. i said it every year there's a trend.built in my brain. what if you were to call sam and connect, and you want a story, a word, a phrase, you want something that connects the two of you so that you have a bond. that's what journalism is, it's creating that open atmosphere where you can ask a personal question they've never answered before. one word, two words, three words, watch his eyes. he's thinking right now. what would i say to sam altman, boom, two words. is it two words? are you thinking of two words? >> that i would say to him or text him or something? >> yeah. can't be a whole phrase. >> short, two words. >> don't lie if it's -- why am i going back and forth but it connected something weird. you just did something with your eyes that was interesting. you have two words, any of the letters. i want you to reach out and grab an interesting letter out of a word. >> this is going to be a weird one. you cannot get this because only i would know this and only he would really know this. >> only you and him. >> it was per

. >> what do you make of what sam altman told andrew sorkin? and sarah frier at openai saying, we understand this contentious relationship that now exists. we think that elon will do the right thing. >> butter him up, say you don't think they would work to hurt our businesses. hope they follow follow through. if you put sam altman in a lie detector and told him, do you think you are fine with elon, i don't think he could answer. he would say, there's a risk. there's a risk with elon. elon does not like sam. if you wanted to invest in openai's latest round, there was a stipulation, you can't invest. maybe not written. if you are an investinvestor, o would tell you no. there's animosity. i don't think that's going away because trump won. i would be nervous if i was openai. >> let's not forget that david sachs is crypto czar. there's a history with big tech. the company's trajectory changed because of microsoft and how the world changed. you have some really interesting dynamics to think about. >> i think that we have to wait to see how much influ

is doing and we also went to san francisco and met with sam altman, cofounder of open a.i. and cond. rice on the front lines of this too we'll talk about where we go from here. >> we have a clip from sam altman talking about open a.i. let's get your reaction on the other side. >> you've testified on the hill you stay in touch with lawmakers. do you think they're the ones to add guardrails is it up to developers who -- >> i think it should be a question for society. like it should not be open a.i. gets to decide on its own how chat gpt or technology in general is used or not used. but we do have a responsibility to do the best that we can before that happens. so as society gets more experienced with these tools which will take, you know, years and years. i think it will become clearer what the standards should be. rachel: what are the fears around a.i.? >> nows just information that is available on the internet what about what it becomes its own decisions and there are instances in which that's happening and there's where a lot of folks want the research to go so help you wi

in the meantime, i was catching my buddy charles paints talking to sam altman and one thing that strucklaying the fact that a lot of people, telling charles this, are going to lose their jobs. a lot of people. charles is next. you don't stop being you just because you turn 65. but, you do face more risk from flu and covid. last year alone, those viruses hospitalized nearly 1 million people 65 and older. 1 million. vaccines lower your risk of getting really sick, so you can keep doing you. since starting the farmer's dog, bogart has lost so much weight. and he has so much more energy. he's like a puppy again. ♪ (banjo playing) ♪ c,mon bo! this is a before picture of bogart. such a big boy. pre-portioned packs makes it really easy to keep him lean and healthy. and look at him now. he's like a show dog. [silence] bogue, can you give daddy a break here? he's having a hard enough time. there are some feelings you can get with any sportsbook. ohhh! the highs! no, no, no. the no, no, noooos - oooooooo! the oh, oh, ohhhhs! now whatcha wanna do with this? but the feeling that, no matter what, yo

listen to can griffin from the citadel at the top, praising him of the, and you juxtapose that with sam altmanenai. he also has a burgeoning a.i. company of his own. what sam was getting at in his comments is that he is in a position now was trump's ear to guide the companies he has in other sectors, and i saw was a pretty genuine response from sam altman, believing he would not exploit the powers he has, the connection has. i noted that came up with jeff rizzo's as well, because of course jeff asus has an interest in space, too. he also, very publicly at the conference, kind of doubled down that as well, thinking there is no way that elon musk could exploit these connections he has to benefit his own companies. i think the jury is out on that given how closely the two seem to be. >> are we sure we are getting it right in terms of how close musk and trump are? let's talk about the job. he is the head of the department of government efficiently. do you know what the department does? nothing. no employees, no mandate, no power. not only is elon musk in charge of it, he is only a cohead. it is ef

sam altman is one of the cofounders and ceo of openai. development of chatgpt. he has found himself at the center of this ongoing conversation about how to make sure ai benefits humanity. an flesh out his thoughts about that responsibility. >> let's talk, best case and worst-case scenario. you have been honest about the potential harm that could come from ai. what should we know? quick societies been through things may not does many, many times the industrial revolution the computer revolution but one thing you can learn stating history's is not always obvious with the pluses and minuses are going to be. i will tail our current best guess. on the plus side people using these tools already today as ai medical advisors you hear from people who could not diagnose some disease they had these weird symptoms and chatgpt help them. to hear from people using this like an ai tool they are learning things they cannot learn before you hear people learning to help with their small business really wonderful things this is a tool that magnifies in all

it was on display when ceo sam altman was ousted about a year ago. it can also be confusing. it involves a capped profit company controlled by the nonprofit, which will still exist, and the structure, as you can imagine, not something that investors love. they are relieved this is in the works. they really want a pure play, for profit. it also makes it easier for openai to go public at some point, and competition. it is really on display here. musk's is among those competing. musk is also an openai cofounder, and is suing to block this whole for-profit pivot. openai, fighting back in court, but certainly, a headwind here, and threatens to delay this whole plan. >> the whole ambition for them to go public or have any kind of future as a company, it relies on them being able to make this transition, which some legal experts and nonprofit experts have questioned. have -- and they even really pull it off? this is their attempt to try to. >> they are deeply unprofitable, losing, from what i'm told, about $5 billion a year. i think the ipo plan is still a ways down the road, but th

you have mark zuckerberg, sam altman doing something similar.eter: the other tech companies putting money into the inauguration fund. they want to foster a better relationship with trump and the incoming administration. you are seeing a lot of this. $100 billion is a big commitment ahead of the election ahead of him taking office. we will see how that pays off for softbank in particular. a lot of m&a deals have been stop in the past because foreign buyers want to do certain things. you could also probably cease pledges of investment that will be surprising for the trump administration as it tries to bring in domestic and foreign companies. scarlet: thank you, peter, in london. donald trump's election to another term has put upward pressure on the u.s. dollar. now, some wall street strategists are forecasting the u.s. dollar will peak mid-2025 and start to decline. some are protecting a 6% climbed by the end of the year. let's bring in vixen -- vince cignarella. walk us through the thinking on the dollar. >> i think what people are looking at are

a day later jeff bezos and openai founder sam altman donated a million bucks of their own.ner with trump at mar-a-lago and bezos is expected to head down there next week. all playing catch up to elon musk who spent over $250 million to get trump elected in the first place. and these other tech giants have no doubt been watching as the bet has paid off for musk. they've been watching as trump and musk have refused to separate since election day. every time trump goes somewhere it's like the where is elon's version of where's waldo. this is yesterday. what is going on in this photo. i can't even totally figure it out. it's strange. these other billionaires have probably watched as those shares of tesla soared by 70% since election day. and they watched trump task musk to serve as co-chair of the department of government efficiency d.o.g.e. if you want to call it that. yes, someone whose companies were promised billions in government contracts having a role like that might be a conflict of interest, i suspect, but for some reason his competitors are giving him benefit of the d

you've got the ceo of a >> openai sam altman.'ve also got former sfpd commander, paul yet, but as well, us about are the conversations that you guys are having every week and what's the game plan? what we want to build an administration rooted in accountability and diversity of our great city. we have great candidates for many different positions, said and team has been helping me think through who those candidates are. i'm sitting down with current department heads and we're having conversations like i said, we would and there's some great candidates coming through our portal and sundown with one-on-one and i have to give a shout out to our co chairs. they have been incredible. paul. yep. sam altman, mayor michael tubbs, nancy tung and jose can yanis among others. >> very good. >> san francisco obviously has a bit of an image problem. people often ask if it's safe to visit. is there a message of reassurance you can provide for folks who want venture out to san francisco, but they're not sure if it's safe. it is s a p d is doing

elon musk and sam altman were once partners in producing openai. however, musk has now been very critical of how the direction that altman has taken what was started as a nonprofit organization. and musk, of course, is has become potentially the most, if not one of the most important people in donald trump's inner circle lately. so it really compelling and interesting to see now that altman is donating money towards trump's inauguration. and i should also point out another sort of big tech person getting close to trump, ceo of apple, tim cook. he had dinner just across the water behind me at mar a lago with donald trump last night. fred. fascinating. >> all right. thank you so much, steve contorno. all right. joining me right now to talk more about trump's appearance at today's football game and his transition back into the white house. stephen collinson, he's a cnn politics senior reporter. great to see you, stephen. hi. okay. so what is going on? you know, when you know, it's not just trump attending the army-navy game, which is usually attended b

you've got the ceo of openai sam altman. you've also got former sfpd commander, paul yet, but as well. >> us about are the conversations that you guys are having every week and what's the game plan? what we want to build administration rooted in accountability and diversity of our great city. we have great candidates for many different and team has been helping me think through who those candidates are. i'm sitting down with current having conversations like i said, we would and there's some great candidates coming through our portal and sundown with one-on-one and i have to give a shout out to our co chairs. they have been incredible. paul. yep. sam altman, mayor michael tubbs, nancy tung and jose can yanis among others. >> very good. >> san francisco obviously has a bit of an image problem. people often ask if it's safe to visit. is there a message of reassurance you can provide for folks who want venture out to san francisco, but they're not sure if it's safe. it is s a p d is doing an incredible job downtown. i was just

you've got the ceo of a >> openai sam altman.'ve also got former sfpd commander paul yet, but as well, us about are the conversations that you guys are having every week and what's the game plan? what we want to build an administration rooted in accountability and diversity of our great city. we have great candidates for many different positions, said and team has been helping me think through who those candidates are. i'm sitting down with current department heads and we're having conversations like i said, we would and there's some great candidates coming through our portal and sundown with one-on-one and i have to give a shout out to our co chairs. they have been incredible. paul. yep. sam altman, mayor michael tubbs, nancy tung and jose can yanis among others. >> very good. >> san francisco obviously has a bit of an image problem. people often ask if it's safe to visit. is there a message of reassurance you can provide for folks who want venture out to san francisco, but they're not sure if it's safe. it is s a p d is doing a

you've got the ceo of a >> openai sam altman. you've also got former sfpd commander, paul yet, but as well, us about are the conversations that you guys are having every week and what's the game plan? what we want to build an administration rooted in accountability and diversity of our great city. we have great candidates for many different positions, said and team has been helping me think through who those candidates are. i'm sitting down with current department heads and we're having conversations like i said, we would and there's some great candidates coming through our portal and sundown with one-on-one and i have to give a shout out to our co chairs. they have been incredible. paul. yep. sam altman, mayor michael tubbs, nancy tung and jose can yanis among others. >> very good. >> san francisco obviously has a bit of an image problem. people often ask if it's safe to visit. is there a message of reassurance you can provide for folks who want venture out to san francisco, but they're not sure if it's safe. it is s a p d is do

cook follows other top business executives, including meta's mark zuckerberg, openai, sam altman, amazon's jeff bezos who have all donated $1 million to trump's inauguration fund, all with the goal of working to build a positive relationship with the incoming president. well, still ahead at noon and streaming on cbs news bay area. tips for donating safely this holiday season and avoiding scammers. and later in the red and gold report. do the forty-niners really still have a chance at the playoffs? and here's a live look outside before we head to the break. you can see still rainy, drizzly and gray outside. well, the holidays are a time of giving, but scammers are out there too, waiting to take advantage of people's generosity. and today, state attorney general rob bonta spoke from glide in san francisco about protecting yourself while donating this season. >>>>tip three don't be pressured by telemarketers. they will call you. they will want you to donate. they'll want you to donate now. and if you don't feel comfortable, you can hang up. you can take your time. you can do your research. yo

bloomberg says ceo sam altman will receive a 7% stake in the for-profit venture ride-hailing company. lyft is suing the city of san francisco. the company claims it was overcharged. >> 100 million dollars in taxes over the last 5 years. says the fees paid by riders to drivers are not part of the company's revenue and shouldn't be taxed. lyft says it makes most of its money from the fees. it charges drivers. the company wants refunds for overpaid taxes as well as interest and penalties. the city says it will review the complaint and respond accordingly. >> still ahead here on kron 4, the trump administration may have some legal challenges and its goal to bring workers back to the office. after the break, we'll take a look at. >> some of the preparations underway for the rose parade. >> volunteers are decorating floats for the big rose parade. artistic entertainment services is the company in charge of 16 floats in the parade this year. they're being decorated in pasadena, every inch of the floats must be covered in natural materials, volunteers cut, prepare, sort and glue things like d

and now sam altman, wolf, who in 2016 was critical of donald trump. look at this tweet that he posted then saying he was not going to be supporting him because he said, i believe the principles he stands for represent an unacceptable threat to america. but now, wolf, he is saying he's excited for donald trump to to regain power. and clearly he is putting his money where his mouth is. >> and caitlin, as you know, several sources are telling you that donald trump is actually considering naming rfk jr.'s daughter in law as the deputy director of the cia. tell us about that. >> yeah, there may be not one, but two kennedys in this second trump term. and that's because right now, amaryllis fox kennedy is rfk jr.. s daughter in law. she's married to his son, but she also ran his campaign earlier this year before he dropped out of the race and endorsed donald trump. and we are told that she is potentially going to be named as the deputy director of the cia. that is not a senate confirmed position. she is a former cia officer for several years, wolf, which is

bloomberg says ceo sam altman will receive a 7% stake in the for-profit venture. still ahead here, excitement growing ahead of tonight's mega millions drawing will take you to a place here in california. >> where players hopes of luck >> where players hopes of luck translates to their tickets. - i had health insurance before. (discouraged) so expensive. i mean, i'm helping my mom out, i don't have that kinda cash. - ugh, i know. but you can get financial help now through covered california. it's totally affordable. you'd be surprised. they've got this calculator thing that shows how much you'll pay. - for real? - yeah! what are you doing not having health insurance, man? - hey, i know, i know... - here, let me show you... - we all have questions. covered california has answers and can find a health plan that's right for you. covered california. this way to health insurance. >> when republicans take control of washington in january, they say it's back to the office for federal workers. kron four's washington correspondent maddie beer-temple now has more on the push

. >> reporter: mark zuckerberg's meta, jeff bezos's amazon, and now sam altman, who runs openai, are planning to donate a million dollars each to trump's inaugural fund. zuckerberg recently had dinner at mar-a-lago, even though earlier this year trump publicly threatened him with life in prison if he did anything trump viewed as illegal during the presidential campaign. since then their icy relationship has apparently thawed. especially after trump survived his first assassination attempt. >> he called me after the event, and he said that was really amazing. it was very brave. >> bezos meanwhile is touting trump's promise to reduce regulations. >> i'm actually very optimistic this time around. he seems to have a lot of energy around reducing regulation. >> reporter: and billionaire elon musk has been by trump's side virtually non-stop since the election. musk owns x, formerly known as twitter, as well as spacex, so he's a direct competitor of both zuckerberg's meta and bezos' blue origin. trump joking about his new business meetings with leaders. >> i say jokingly, would you have bee

. >>> sam altman, ceo of san francisco-based openai, says he is donating $1 million to president-elect trump's inauguration fair, the latest said to be making a donation to try to ease tension between their companies and the incoming administration. >>> so if you or anyone you know is planning on going to santa-con this weekend in san francisco, make sure they don't fall for a scam asking people to pay in order to attend. organizers posted this warning on the event's main website reassuring everyone that there are no tickets or registrations necessary. santa-con has been held on the second saturday in december in union square since 1994. people dress as santa and then take over the city streets and go bar hopping all to benefit the sf fire department's toy drive. >>> the stage is set for this year's winter walk in san francisco and crews have turned two blocks near union square into a colorful holiday celebration. for the next ten days the two-block stretch of stockton street will be decorated blue. people can enjoy food, live music and a white christmas. organizers say they're bringin

mark zuckerberg is setting aside his feud with elon musk as both take aim at sam altman's open ai.ifornia's attorney general to halt openai's transition to a for profit company. meta accuses altman's company of taking advantage of its status as a nonprofit to raise billions of dollars, and musk, one of 11 openai co-founders who split from the company early on, shares the same sentiment. the tesla founder has also launched several bids to stop openai from becoming a for profit company. well, the stormy weather in san francisco didn't dampen the holiday spirit in chinatown. sound of lion dancers the annl b chinatown christmas on waverly had a last minute venue change. the festivities moved indoors to victory hall on stockton street, t still more than a thousand people showed up for the free four hour event. that guy had a great time. the chinatown treated families to a snow machine, face painting, games and prizes, plus santa and mrs. claus. san francisco fire also passed out nearly 1000 toys for kids. people. these are people who really are deserve. so we just be, you know, glad to

the incoming president secured a one million-dollar pledge from ceo sam altman of artificial intelligencepany openai, matching donations from amazon and meta. >> we are talking about relatively modest contributions to the inauguration. now i don't think they're going to displace elon musk as the, you know, the first buddy, as he has joked about being. >> reporter: max chafkin is a senior reporter for bloomberg "businessweek." >> a lot of these guys want things from the trump administration, or are looking to get them to make changes to policies that were underway during the biden years. you know, in the case of openai, you have potentially significant ai regulations coming down the pipe. >> reporter: the contributions come as the president-elect prepares to spend saturday at the army-navy game in maryland with elon musk and other political leaders. vice president-elect j.d. vance also invited daniel penny, who a new york jury acquitted this week in the death of a homeless man, jordan neely, on a new york city subway train. vance defended penny in a post on x: "i'm grateful he accepted my

the company was founded by elon musk and sam altman as a nonprofit in 2015. it was set up as a research lab for ai. over the years, things change and paved the way with new technology like the viral launch of chatgpt. but the company's board announced a transition to a startup model next year. the idea is to raise more capital so it can attract more visitors, more investors, i should say. however, openai is currently facing a major hurdle. elon musk has sued openai and asked a court to stop the company from converting to nonprofit. he says the company has abandoned its founding mission. major indexes ended the week in the red. dow jones down 333 points. nasdaq down 298. meantime, tesla dropped 5% and nvidia fell 2%. despite this, investors are hopeful stocks will rise into the new year with the so-called santa claus rally. it refers to the market's tendency to rise in the final days of the year and on into january. christmas was really good to netflix. nielsen media research says netflix set records for the most streamed nfl games ever in the united states. n

sam altman, mayor michael tubbs, nancy tung and jose can yanis among others. >> very good. >> san francisco obviously has a bit of an image problem. people often ask if it's safe to visit with the holiday season in full swing, people want to come out and do some shopping. is there a message of reassurance you can provide for folks who want venture out to san francisco, but they're not sure if it's safe. it is s a p d is doing an incredible job downtown. i was just down. >> in union square yesterday talking to business owners and small business owners about how we are going to tackle the public safety crisis and behavioral health crisis. >> and we're already seeing the fruits of that labor. so there are green shoots. i'm telling you when we are at our best, this is the greatest city in the world. we have to claim that narrative again, but we have to do the work. and so i don't i don't want to say, you know, that we don't have work to do, but i was at union square yesterday. i was there on black friday after thanksgiving and it was packed that skating rink. you can't get a slot because it's f

several big names in business, including a former twitter executive, ned segal, and openai ceo sam altman. the message he wants to send, he says, is that san francisco is open for business, which will require addressing the open air drug markets and crime. he has said he wants to immediately clear encampments, ensuring that the city has enough shelter beds and access to emergency psychiatric services, plus treatment and rehab for people battling addiction. we have to revive our tourism. we have to revive our downtown, and that's going to require us making sure that we get conferences back to san francisco, that we get business back, because once we get business back, our small businesses can start to thrive and we can grow our economy. tourism is one thing, but for the people trying to make it in the bay. housing is a critical issue. and lowry says he is reaching out to labor and community groups to get more middle income housing built. and he says there's a lot to prove. we ask so much of our taxpayers and our residents, and yet we're not delivering. and we do have a crisis of affordabil

sam altman's nuclear company aklo announce ago power supply agreement with a cloud and enterprise datad sell the power to switch for its data centers shares of oklo up more than 10%. we will bring you more on that and others -- and other news right after quk eaa icbrk. (♪♪) (♪♪) everyone has goals and dreams. and everyone deserves a way to get there. wherever you're going, getting there starts here. state street invest in your future with dia, the only etf that tracks the dow. (♪♪) ♪ [music] i could unlock my front door ♪ the only etf that tracks the dow. ♪ while i dine in baltimore ♪ ♪ no lock box to explain ♪ ♪ ♪ at 9:00 the doors would lock up ♪ ♪ save me from forgetful slip-ups ♪ ♪ if my home just had a brain ♪ ♪ ♪ i could make a custom pin ♪ ♪ watch the dog walker get in ♪ ♪ so ziggy won't complain ♪ ♪ ♪ when my in-law comes a-knockin' ♪ ♪ i can open, maybe lock it ♪ ♪ if my home just had a brain ♪ is a bitcoin etf the same as owning bitcoin directly? while bitcoin etfs might offer a familiar face, they lack the true ownership and flexibility of directly investing in bitcoin. with

sam altman said in a statement, quote, president trump will lead our country into the age of ai, and i am eager to support his efforts to ensure america stays ahead. prop 36 is days from taking effect. the new action from attorney general rob bonta to get law enforcement ready, and why north bay commuters could have some trouble getting around this weekend. [music] >> and in bad weather. the next system coming on board. right now, i'm tracking some heavy rain bands across parts of the bay area and some strong winds. look at that tree moving around a bit, and we're still tracking those winds and the heavy rain bands into early tomorrow morning, and we'll have the update coming up. have officially been certified. california secretary of state shirley weber certified the results tonight, more than five weeks after election day. state data shows more than 16 million people voted in this election, with 13 million voting by mail and 3 million casting their ballot in person. state attorney general rob bonta released a new information bulletin tonight about proposition 36, the measure that i

. >> sam altman has been great as a transition cochair.ted to leaning into the home of ai. we have historic investments already here in san francisco. we are going to continue to lean in. not only ai, not only technology. but once again, being the epicenter for business again. there is no better place to do business on the globe than san francisco, when we are at our best. but, it's not just about business. it's about bringing our arts and culture back to san francisco. that's where people, when people think of san francisco, they think of culture. they think everything starts here. yes, ai started here and we want it to grow here. we kind of want the best of everything coming back to san francisco. >> you are someone who knows well how to make cultural events. big cultural movement benefit concert. you have done philanthropic web. what parts of industry do you want to cultivate? you mentioned financial services and sports. it has to be broader than that. >> we are calling health care executives, biotech, ai. we want real estate. thinking

president-elect received million dollars from donations from amazon's jeff bezos, meta's mark zuckerberg and sam altman in a president is someone who feuds with people in the past and can have open dialogue. >> you are exactly right. people on both sides of the political spectrum have difference. most didn't support donald trump. they were out advocating for vice president harris or standing on the sidelines. now that donald trump is the president-elect. he will take office three weeks from today, what you are seeing is these three individuals understand the importance of the most important job in the world and they want to come and be part of that or they will be left behind. jeff bezos and mark zuckerberg don't even notice a million dollars, unfortunately. such incredible wealth. it doesn't fuel their yacht. for them to write a 7 figure check to the presidential inaugural committee to say they are committed is a fallacy. i'm sure they could do much, much more. their businesses, many of them, have enormous contracts with the federal government. they are doing this from a strictly business perspective.

open a.i.ceo sam altman pledged the same. >> we need to be able to have the best a.i. infrastructure in the world to be able to lead with the technology and capabilities. i believe president-elect trump will be very good at that. look forward to working with his administration on it. >> companies and industry leaders are less reserved with inauguration committee donations. since the candidate won it is seen by investors as customers as less political. >> rich: thank you very much. alexandria. >> jacque: a stunning admission from secretary mayorkas that the biden administration could have acted sooner to stop the record flow of migrants. meantime trump's incoming border czar says the free programs for illegal migrants are about to come to an end. >> illegal alien that burned this young lady alive. he probably had a free hotel room, three squares a day. atm card. free medical attention compliments of the biden administration. >> jacque: what happens to all the christmas boxes and gift wrap after they're thrown off? if you think they get recycled you might want to guess a

sam altman said there are 300 million chatgpt users right now.what they get out of it. chatgpt is the best of the models. as far as how it works, a lot of what you do on apple intelligence is apple's own a.i. model. if you stump apple or siri, you have the option to use chat gwyneth gpt. they mentioned google's gemini as an example that could be coming next. by the way, microsoft is a quiet winner the. chatgpt goes to the microsoft azure cloud. sundar pichai said microsoft will benefit from the azure cloud. let's talk about what to look forward to next year. china still has to approve apple intelligence. chatgpt doesn't operate there and it still doesn't have approval for the a.i. level. meantime, chatgpt is important, but the most important features will come next year. more coming to siri and third party apps with apple intelligence. dom. >> thank you, steve voe kovach. let's bring in our ain guest. how do you view this mega cap technology landscape from the investing stand point? >> i think apple shares bake in the a.i. fueled upgrade cycle. y