HARTFORD, Conn., October 29, 2025–Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) previously announced the following monthly distribution on August 27, 2025:
Nvidia's Huang joins tech titans funding Trump's ballroom
Nvidia CEO Jensen Huang donated to fund the construction of U.S. President Donald Trump’s White House ballroom, he told reporters, joining other tech leaders supporting the project.
“I’m delighted to be part of it,” he told reporters in Washington on Tuesday.
Nvidia was not named on the White House’s public list of donors released last week. Huang’s personal net worth was estimated at $120 billion in May.
Demolition workers tore down the East Wing of the White House to make way for the new ballroom. Trump has said the project will cost $300 million. Amazon, Apple and Google are among the technology companies also supporting the construction.
Nvidia on Wednesday became the first company to reach $5 trillion in market value. The company is at the center of the global AI industry.
Artificial intelligence and the classroom
A group of teachers in San Antonio recently attended a seminar on integrating artificial intelligence into the classroom. The training was sponsored by large technology companies with a vested interest
Healthcare’s AI ROI Enters Era of Scaled, High-Stakes Growth
Healthcare organizations are moving from pilot projects to enterprise-scale deployment of artificial intelligence as hospitals automate high-volume
Lockheed Martin integrating Google’s generative AI tools into workflow ops
Lockheed Martin announced Wednesday that it is teaming up with Google Public Sector to make the tech giant’s generative AI applications available to employees for a range of use cases.
Amazon cutting 2,300 WA jobs. Eastern WA isn’t completely spared
The Tri-Cities’ fastest-growing new employer is laying off corporate employees. What does it mean here?
Wild Moose emerges from stealth mode with site reliability platform
Startup lands $7 million in seed funding for its AI-powered site reliability engineering platform that speeds incident resolution.
Box CEO Aaron Levie on how AI is changing the enterprise SaaS landscape
He painted a picture of a future of enterprise software where the SaaS is used for the core business workflow, and then the agents ride on top of that.
OpenAI Restructure Paves Way for IPO and AI Spending Spree
Elon Musk, an OpenAI co-founder who left and launched a rival startup, sued to block the restructuring, alleging it violated the company’s founding principles. Former OpenAI employees and nonprofit leaders asked regulators to stop it, too. Meanwhile, OpenAI spent months locked in complex negotiations with its biggest backer, Microsoft, about how their partnership would change with the new corporate entity.
Leading AI company to ban kids from long chats with its bots amid growing concern about the technology
Parents, child safety groups and politicians have been putting pressure on tech companies to make AI chatbots safer.