Bloomberg’s Ed Ludlow breaks down OpenAI's plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope under new CEO John Ternus with plans to make its foray into the smart-home market.

OpenAI’s Revenue Surge as AI Infrastructure Race Intensifies
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AI Boom Faces New Tests From Chips to Immigration
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SpaceX Eyes Borrowing for Nvidia Chips, Apple Plans Smart Home Push
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