Welcome, Weekenders! In this newsletter:âą The Big Read: Inside ZaiNar, the secretive startup hoping to power the physical AI era ⹠Policy: Meet the Trump official who wants to deliver a win to prediction markets ⹠Plus, Recommendationsâour weekly pop culture picks: âExpanse: The Nannup Four,â âThe Infinity Machineâ and âBeefâWatching the Elon Musk versus OpenAI trial from inside the courtroom gave me a front-row seat to the AI boomâs... Read more âș
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OpenAIâs efforts to turn ChatGPT into a go-to personal shopper are off to a slow start. Challenges with wrangling product data mean in-app checkouts arenât yet widely available to the millions of shops that OpenAI said in September would soon be coming to ChatGPT. OpenAI and its early partners, Shopify and Stripe, have been working on ways to better standardize and share merchantsâ product information in order to expand the... Read more âș
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The Chinese government has in recent days told companies to temporarily halt plans to buy Nvidiaâs H200 AI chips, throwing up a possible roadblock in Nvidiaâs hopes of restarting chip sales to one of its biggest markets, The Information reported on Wednesday. The instruction came roughly a month ... Read more âș
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Nvidia CEO Jensen Huang must feel like a child whose parents are perpetually at war. Weeks after he glimpsed a chance to resume sales of AI chips to Chinaâthanks to approval from President Donald TrumpâChina has said, âNot so fast.â As our Hong Kong reporter Qianer Liu scooped today, the Chinese government has asked local tech companies to temporarily halt any plans to buy Nvidiaâs H200 chips. China may yet... Read more âș
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OpenAI last fall set aside an employee stock grant pool worth 10% of the company, which was valued in October at $500 billion, according to two people with knowledge of the plans. The $50 billion pool of restricted stock units should last for roughly five years and should rise in value as the companyâs private share price continues to increase. The employee stock grant pool, which hasnât previously been reported,... Read more âș
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Microsoft executive Jennifer Weitzel, who oversaw the firmâs development of data centers for AI, left the company less than a year after starting her second stint at the company, according to someone with knowledge of the departure and her LinkedIn profile. Weitzel led the engineering, ... Read more âș
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Googleâs parent Alphabet on Wednesday passed Apple in market capitalization to become the second most valuable company in the world, worth $3.885 trillion, compared to Appleâs value of $3.846 trillion. Nvidia, worth $4.595 trillion, is far and away the most valuable firm. Google shares have been ... Read more âș
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Several of Elon Muskâs legal claims against OpenAI will go to a jury trial, the judge overseeing the lawsuit said in a federal courtroom in Oakland, Calif. on Wednesday. The trial is scheduled for the spring. Lawyers for OpenAI had asked the court to dismiss the claims on legal grounds, but ... Read more âș
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The chatbot startup Character.AI and Google have reached agreements to settle multiple lawsuits brought by families who alleged that Characterâs chatbots contributed to their children killing or harming themselves, according to court papers filed this week. In the highest profile case, Megan ... Read more âș
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The Trump family-founded crypto venture World Liberty Financial has applied to the federal government for a national trust bank charter, the company said in a statement. The easing regulatory landscape for crypto firms ushered in by the second Trump administration has spurred a number of ... Read more âș
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JPMorgan has struck a deal to replace Goldman Sachs as the provider of Appleâs credit card program, The Wall Street Journal reported. The largest U.S. bank will take over about $20 billion in customer balances from Goldman at a slight discount, which is rare for branded credit card programs, the ... Read more âș
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Intel shares jumped around 10% today after one of its executives revealed yesterday at the Consumer Electronics Show that the chipmaker is developing a bespoke gaming chip and software for mobile gaming devices, according to Yahoo Finance. Itâs not clear exactly what investors are reacting ... Read more âș
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European data center developer Global Technical Realty raised $1.9 billion from private investment firms KKR and Oak Hill Capital as it looks to expand across the continent. KKR invested $1.5 billion in the round of funding, mostly from its Global Infrastructure strategy, the firm said ... Read more âș
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In its push to make ChatGPT a âpersonal super assistantâ and stay ahead of rivals, OpenAI is developing new features that aim to turn the chatbot into a personal health hub. One feature would let people use ChatGPT to analyze data contained in their personal health apps and wearable devices, such as an Oura ring, Apple Watch or Whoop bracelet, according to two people who have seen designs for the... Read more âș
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Anthropic has told potential investors it is planning to raise $10 billion at a valuation of $350 billion, according to a person familiar with the discussions. The valuation nearly doubles that of its last round in September. Singapore sovereign wealth fund GIC and Coatue Management are planning ... Read more âș
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Before we get to todayâs column, you should check out our scoop this morning that the Chinese government has asked local companies to hold off ordering Nvidiaâs H200 chips. Itâs the latest move in the geopolitical chess match that governs Nvidiaâs China business. Meanwhile, Nvidia CEO Jensen Huang has finally given investors a partial explanation for his companyâs $20 billion Christmas Eve shocker deal to hire the team behind AI... Read more âș
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Whatâs the best way for an individual to invest in AI? Thatâs what some relatives asked me over the holidays. The question is particularly relevant right now. Anthropic could go public this year, and OpenAI could follow, meaning individual investors could have access to two of the rare pure-play AI stocks. That would be a big change from right now, when the only way to invest in some of the... Read more âș
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The Chinese government this week asked some tech companies to temporarily halt plans to buy Nvidiaâs H200 AI chips, according to two people involved in the communication, throwing up a possible roadblock in Nvidiaâs hopes of restarting chip sales to one of its biggest markets. The instruction came roughly a month after President Donald Trump said he would allow Nvidia to sell H200s to China, marking the biggest rollback of... Read more âș
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Five years after the Chinese government quashed Ant Groupâs plans for what would have been the worldâs largest initial public offering, the Chinese fintech giant has built a fast-growing international business. That offshoot runs a global payment network for digital wallets that could one day be a formidable alternative to Visa or Mastercard. Ant International increased revenue between 20% and 25% in 2025 to an estimated $3.7 billion, according to... Read more âș
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Samsung Electronics expects memory chip supply shortages to drive up prices across the electronics industry, including potentially for its own consumer products, according to the companyâs head of global marketing, Wonjin Lee. Lee said in an interview with Bloomberg that memory prices are rising ... Read more âș
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Nvidia CEO Jensen Huang said on Tuesday that Chinese demand for the companyâs H200 AI chips is âquite highâ and that purchase orders from local tech firms will be the clearest signal of Beijingâs approval, The Wall Street Journal reported. At the Consumer Electronics Show, Huang told reporters ... Read more âș
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04.05.2026 02:10
Last update: 02:05 EDT.
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