Taiwanese prosecutors have detained an Nvidia employee and searched the company’s offices as part of an ongoing probe into the alleged smuggling of the U.S. company’s AI chips into China, Bloomberg reported. Local investigators searched the home of the Nvidia employee and his desk at the company ... Read more ›
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Talk about a nervous market! Shares of Nvidia fell 5% on Monday on news of a $500 billion partnership the AI chip giant struck with South Korean conglomerate SK Group, along with a Wall Street Journal report that Nvidia was separately in talks to help OpenAI finance a $500 billion data center campus in Ohio. Investors should take a chill pill: Neither of these deals was actually news. Nor were... Read more ›
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Shares of Dutch company ASML, which produces chipmaking tools, dropped after The Information reported that a Chinese state-backed company is mass-producing important chip manufacturing equipment for the first time. ASML’s shares slid as much as 6.6% on Monday and ended the day down about 5%. The ... Read more ›
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The Trump administration is close to finalizing its voluntary framework for AI companies to submit their most advanced models to the government before releasing them to the public, according to three people familiar with the matter. The White House’s Office of the National Cyber Director circulated a draft of the framework to OpenAI, Anthropic and Google around two weeks ago, said the people, adding that the three companies jointly submitted... Read more ›
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Finally, there’s good news for Nvidia customers who have been contending with more and more difficulties getting data centers up and running: Nvidia’s next-generation chips probably won’t be one of them. That’s according to several executives at cloud providers that purchase Nvidia AI servers. They told me that based on their initial tests, they expect the company’s upcoming Vera Rubin server racks to be much easier to install than Grace... Read more ›
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Microsoft on Monday announced a new AI security product called Project Perception, powered by new homegrown AI models specialized for cybersecurity tasks. Microsoft framed the product as a cheaper alternative to Anthropic’s Mythos model, which similarly uses AI models to automatically find ... Read more ›
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Amazon asked the Federal Communications Commission for approval to create a direct-to-device satellite service globally, in a step towards expanding the goals of its burgeoning Leo satellite business. Amazon Leo became a player in the satellite mobile cell service earlier this year when it ... Read more ›
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China’s Ministry of Commerce on Monday struck back against Washington’s recent accusations that Chinese AI firms are stealing U.S. intellectual property by distilling American AI models, saying the claim has no factual basis or legal support. “China has always opposed the US politicizing and ... Read more ›
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As robotics companies explore new ways to collect the massive volumes of data needed to train the physical AI models that will power humanoid robots, one approach is gaining steam. Some robotics companies are relying on specialized gloves that people can wear while they carry out tasks at work or around the home. The gloves record information about wearers’ movements, providing data that robotics AI models can learn from.One example... Read more ›
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Nvidia has made a “substantial” investment in Safe Superintelligence, a secretive AI lab cofounded by former OpenAI Chief Scientist Ilya Sutskever. The investment will allow the startup to increase its computational resources by a multiple of 10 over the next year, the companies said on Monday. ... Read more ›
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Nvidia said it would invest $1 billion in South Korean internet giant Naver to help expand the country’s data center infrastructure. Nvidia’s investment will help finance Naver’s plans to expand the planned capacity of its AI data center from 55 megawatts to 200 megawatts. Canadian investment ... Read more ›
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ChangXin Memory Technologies, China’s leading memory chipmaker, jumped 472% in its Shanghai trading debut on Monday, as investors bet the Chinese memory chipmaker will benefit from growing demand for AI. The opening price valued CXMT at about 3.3 trillion yuan ($487 billion), making it the ... Read more ›
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Get ready. We’ve got a slew of big tech earnings reports this week—from Meta Platforms, Microsoft, Amazon and Apple—that will pick up from Google’s report last week on the state of AI spending and business. PayPal is also reporting on Tuesday, so we should get some insight into the payment firm’s attitude toward Stripe’s recent takeover offer with private equity backing, about which PayPal has so far been conspicuously silent.But... Read more ›
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Online fashion retailer Shein revealed in paperwork for its forthcoming Hong Kong Stock Exchange IPO that last year’s elimination of regulations allowing retailers to import low-cost items without paying duties had hit its business hard. Shein’s revenue growth slowed to 1.1% in the ... Read more ›
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Dealmakers are busy scouting public and private markets for funding for the AI buildout. And with demands for capital quickly outpacing traditional forms of data center financing, they’re getting increasingly creative. John Greenwood, Goldman Sach’s global head of infrastructure and real asset finance, said he’s “looking for capital in every nook and cranny” to support an expected $7.5 trillion in spending on chips, data centers and power in the next... Read more ›
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Until a year or two ago, big tech firms like Google had relatively simple balance sheets, stuffed with cash that covered any debt several times over. Nowadays, thanks to massive AI spending, Google and others are adopting techniques long used on Wall Street to expand their business without taking on all the risk themselves. Google, for example, disclosed last week that it had agreed to cover as much as $44... Read more ›
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Chinese AI developer DeepSeek has told investors that it is putting its fundraising talks on hold, according to a person with direct knowledge of the matter. The pause on the new funding round, which values DeepSeek at 500 billion yuan ($74 billion), comes after a leaked transcript of CEO Liang ... Read more ›
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Welcome, Weekenders! In this newsletter:• Shopping: Introducing the Summer Fun List—gear, gadgets and toys that all come highly recommended• AI: Where is China ahead of America? In cracking down on AI romances • Plus, Recommendations—our weekly pop culture picks: “The Last Twelve Weeks,” “The Nord Stream Conspiracy”and “The Dark Wizard”Just after 3 in the afternoon last Wednesday, I walked into Corgi Cafe, a coffee shop in San Francisco’s Financial District... Read more ›
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SpaceX completed its 13th test flight of its Starship rocket on Friday night after aborting a test launch last week, the first completed launch since the company went public last month. The test flight marked several key milestones for SpaceX, including deploying 20 of its next generation ... Read more ›
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To combat her loneliness, An Xu, a 15-year-old middle schooler in Shanghai, had recently been relying for emotional support on her text and voice conversations with an AI companion on Doubao, China’s most popular AI chatbot app. AI companions are meant to mimic humanlike conversation, emotions and interactions as realistically as possible—even more so than ordinary chatbots. And just before a new Chinese government regulation forced Doubao and other companies... Read more ›
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Nvidia on Friday announced a $500 billion partnership with the conglomerate that owns SK Hynix, whose high-bandwidth memory chips are critical to Nvidia’s AI servers. The partnership aims to help Nvidia access more memory chips and fill more data centers with its servers. Nvidia’s ... Read more ›
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Alphabet’s Waymo is weighing an exit from its Uber partnership in which riders can hail Waymo robataxis from Uber’s app, the Financial Times reported. Waymo has held internal conversations about ending its current deals with Uber in Austin and Atlanta, the newspaper reported. In May, the two ... Read more ›
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Many of the largest U.S. tech companies signed a joint letter on Friday defending open-source AI software as the Trump administration considers possible restrictions on Chinese labs. The letter—signed by Meta Platforms, Nvidia, Microsoft and Andreessen Horowitz, along with AI startups like ... Read more ›
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Utter kitchen chaos unfolded when Brynn Putnam and I got together a week or so ago and she suggested a round of “Chop, Chop,” a collaborative restaurant simulation game created by her startup, Board. Even under her close supervision, I still nearly burned the grilled cheese—then left the tomato soup unseasoned until the very last minute. And I cannot imagine my cleaning skills would score high marks from the city... Read more ›
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Shares of Nvidia don’t trade like those of a company whose revenues are expected to rise 83% this year. Instead, the stock is priced as though everything that could go wrong in the next couple of years will go wrong. That creates an opportunity for investors willing to take a longer view. Most semiconductor investors are chasing the stocks they think will grow the fastest over the next few years.... Read more ›
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OpenAI President Greg Brockman said Thursday he supported a recent suggestion from longtime rival Elon Musk that leading AI developers meet every few weeks to discuss and share safety and security concerns about the technology. “I think it’s a pretty good baseline proposal,” Brockman said, ... Read more ›
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Maybe, just maybe, big tech firms need to do a better job of explaining their AI investment strategies. Shares of Google parent Alphabet fell 7% on Thursday after the company disclosed a further increase in capital expenditures this year—money it will spend on new AI chips, servers and data centers. The drop all but wiped out the gains the stock had enjoyed so far this year.Sure, the entire stock market... Read more ›
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Before we get into today’s column, some breaking news: Stripe is in talks to buy OpenRouter for about $10 billion. The news follows our report Friday that the $1.3 billion-valuation startup, which helps companies choose the best and cheapest AI models, was the target of takeover interest. Databricks was also in early discussions to buy the startup, we reported today. For more on why Stripe can make big acquisitions, read... Read more ›
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Amazon this week closed its AGI Lab, a San Francisco-based research and product team that was developing software to improve the usefulness of AI agents, according to an Amazon spokesperson. The lab was shuttered as part of Amazon’s layoffs in its artificial general intelligence unit ... Read more ›
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Alphabet’s Google disclosed Thursday it owns $94.1 billion in SpaceX shares, representing the bulk of a $99 billion in unrealized gains in marketable securities in the second quarter. The tech giant’s marketable equity securities include $80 billion in SpaceX shares it can’t sell in the ... Read more ›
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28.07.2026 08:45
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