Episode
Nvidia’s $500B AI Buildout With Wall Street Heavyweights, Nithya Raman Could Lose Key City Hall Leadership Role as Mayoral Race Heats Up, and New Video Podcasts Are Coming to Disney+ and Hulu
- Podcast
- Headlines From The Times
- Published
- Aug 11, 2026
- Duration seconds
- 311
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Summary
Nvidia is partnering up with six asset managers, including BlackRock and Goldman Sachs, to bring half a trillion dollars into AI infrastructure — chips, power plants, and data centers. Nvidia CEO Jensen Huang says the goal is to connect its customers with lenders for loans and credit, though key details about the project remain unclear. BlackRock’s Larry Fink says the move reminds him of the creation of mortgage-backed securities, treating AI compute as a new investable asset class. Nithya Raman could lose her leadership role as chair of Los Angeles City Council’s Housing and Homelessness Committee. Council President Marqueece Harris-Dawson plans to split the committee into separate housing and homelessness panels, with Raman no longer leading either one. The political shakeup comes as Raman challenges incumbent Karen Bass for mayor of Los Angeles. Raman is accusing city leaders of political retaliation, while the Bass campaign is criticizing Raman’s record on homelessness. Homelessness remains one of the driving issues of the mayoral race. Disney+ and Hulu are expanding their podcast offerings through a new deal with iHeartMedia. The partnership brings popular video podcasts — including "Hey Jonas!" with the Jonas Brothers and "Pod Meets World" — to the streaming platforms, with more shows arriving this fall. And, Jackie, arguably the world’s most famous bald eagle, dies after mysterious illness. Read more at https://LATimes.com