Caroline Hyde

to an event in Simi Valley that we're going to both be at, the Reagan Defense Forum.

And what's interesting in the moment is there is a view in particular, a white paper that you, the EU, have put forward really unveiling the commitment of the European Commission to spending on defense.

What has the reaction been from the United States thus far?

Have we seen the U.S.

think that enough is being done?

And can you get access to the right U.S.

defense tech?

It's been wonderful having time with you.

A decisive answer there, EU ambassador to the U.S., Jovita Lipshiena.

We thank you.

Time now for Talking Tech.

First up, one of China's leading AI chip makers, MoreThreads, jumped 425% in its Shanghai trading debut.

The startup drew strong investor interest in its IPO, with the retail portion oversubscribed by 2,750 times.

Now, MoreThreads joins CameraCon, Huawei, and Racing to fill a market void after Nvidia was, of course, forced to exit China.

Plus, SoftBank, well, it's said to be in talks to acquire Digital Bridge, a PE firm with heavy investments in assets like data centers, according to sources.

Now, the potential deal builds on SoftBank's efforts to take advantage of an AI-driven boom in digital infrastructure.

A transaction could come together in a matter of weeks.

And BlackRock's iShares Bitcoin Trust recorded its longest streak of weekly withdrawals since its debut back in January 2024.

Investors yanked more than $2.7 billion from the ETF over the five weeks to November the 28th.

The ETF is now on pace for a sixth straight week of net outflows.