Welcome, Weekenders! In this newsletter:• 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, Recommendations—our weekly pop culture picks: “Expanse: The Nannup Four,” “The Infinity Machine” and “Beef”Watching the Elon Musk versus OpenAI trial from inside the courtroom gave me a front-row seat to the AI boom’s... Read more ›
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DeepSeek, the Chinese AI startup, has been developing its next major model using several thousand Nvidia’s state-of-the-art Blackwell chips which the U.S. has forbidden from being exported to China, according to six people with knowledge of the matter. The chips DeepSeek is using were smuggled into China, the people said, through a convoluted scheme that involves sending them to data centers in countries that are allowed to buy them, and... Read more ›
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China on Wednesday gathered its biggest tech giants to discuss whether to allow them to buy Nvidia’s advanced H200 chips, The Information reported. The meetings came after President Donald Trump’s recent decision to allow the export of the H200 to China suddenly complicated Beijing’s goal to ... Read more ›
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China on Wednesday gathered its biggest tech giants to discuss whether to allow them to buy Nvidia’s advanced H200 chips, as President Donald Trump’s recent decision to allow the export of the powerful hardware to the country suddenly complicated Beijing’s goal to become technologically self-sufficient. Officials convened a series of emergency meetings with representatives from companies including Alibaba Group, ByteDance and Tencent Holdings, and asked them to assess their demand... Read more ›
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Nvidia has developed a new software feature with a location verification technology that could indicate which country its chips are operating in, Reuters reported. The feature, which hasn’t been released yet, could make it possible for Nvidia to crack down on the smuggling of its artificial ... Read more ›
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Amazon said Wednesday that it plans to invest more than $35 billion in India by 2030, as the tech giant looks to further expand its e-commerce and cloud computing businesses in one of its largest markets outside the U.S. Amazon’s new investment plan underscores India’s importance to global tech ... Read more ›
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It sometimes feels there’s an element of the supernatural in the Trump administration’s dealings with the business world. Stuff gets announced and then disappears into the ether, never to be heard of again. Take President Donald Trump’s announcement in August that he’d let Nvidia sell its H20 AI chips to China, in exchange for a 15% cut of the resulting revenue. All we’ve heard of that deal since then is... Read more ›
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OpenAI said Tuesday it had hired former Slack CEO Denise Dresser as the company’s new chief revenue officer. Dresser will focus on OpenAI’s revenue strategy, which includes increasing revenue from business customers around the world. Dresser will report to OpenAI chief operating officer Brad ... Read more ›
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The sky’s the limit for valuations for companies like SpaceX, but the venture firms writing the checks have less money in total to spend.Recent data from PitchBook shows how steep the decline in cash is. Fund managers raised $45.7 billion in new funds in the first nine months of the year. At that pace, fundraising is headed for the lowest level since 2017. The number of new funds, meanwhile, is... Read more ›
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SpaceX is on track to generate about $15 billion in revenue this year, Bloomberg reported on Tuesday. The Elon Musk-led space firm is also expecting to bring in $22 billion to $24 billion next year, with the bulk of revenue coming from its Starlink satellite internet service, according to the ... Read more ›
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All the data centers hastily going up around the country for AI need networking pipes and software for moving data around. A few companies specialize in selling the networking gear, but one company, Arista Networks, stands out as undervalued on Wall Street. Arista has a much higher gross margin—64%—than rival Celestica, whose margin is only 11%. The two companies have been growing at the same rate, although Celestica is projected... Read more ›
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Brookfield, one of largest real estate investors, and Qatar’s more than $500 billion sovereign wealth fund will jointly invest $20 billion to build physical infrastructure for AI in the Gulf nation and abroad, they said Tuesday. The Qatar venture follows similar moves by Saudi Arabia and the ... Read more ›
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Tech analyst Patrick Moorhead cautioned that President Donald Trump’s approval of Nvidia’s sale of H200 chips to China isn’t a “done deal” until Nvidia starts shipping the chips and gets revenue for them. “I don’t know if I take this as reality yet,” Moorhead said in an interview on The ... Read more ›
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Marketing software firm Klaviyo said Tuesday that software executive Chano Fernández will become its co-CEO in January. Fernández will share the top job with cofounder Andrew Bialecki, who has been Klaviyo’s CEO since founding the company in 2012. Klaviyo shares were down nearly 5% Tuesday ... Read more ›
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The competition between AI chatbots has been heating up, with Google’s Gemini nipping at OpenAI’s heels. On Monday, I wrote about how Gemini’s share of weekly mobile app downloads increased in late November following the release of Gemini 3, according to data from research firm Sensor Tower, which says it tracks 5 million consumers globally. Gemini’s growth is also evident on the web. Between August and November, Gemini’s global website... Read more ›
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For AI agents to work properly in automating white-collar tasks, the companies developing the agents and the companies running the enterprise apps those agents use will need to agree on technical standards for how these technologies connect to each other.Some leading companies are preparing to do just that. As soon as this week, Anthropic, OpenAI, Google, Microsoft and a slate of other tech companies are set to announce a new... Read more ›
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Lately, Maura Keller—a Democrat running in Georgia’s 3rd Congressional district in next year’s midterm elections—has been going to community meetings where one topic comes up again and again “almost on a weekly basis”: data centers. It’s not hard to understand why the subject has surged to the fore. Keller has seen the state transform over the past few years into a hub for data centers, as AI companies buy up... Read more ›
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Skild AI, which develops AI foundation models to power robots to perform a variety of tasks, is in talks to raise over $1 billion at a valuation around $14 billion from SoftBank and Nvidia, Reuters reported on Monday. That valuation would be triple the two-year-old startup’s valuation from ... Read more ›
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Tiger Global has announced the launch of a $2.2 billion private investment fund. In a note to investors reviewed by The Information, Tiger Global said the fund is expected to do a first close in March. The new fund is the same size as its venture fund raised in April 2024. Both are a fraction of ... Read more ›
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This could be big news: President Donald Trump said he would allow Nvidia to sell its advanced H200 AI chip to China, in exchange for the U.S. government getting a 25% cut of those sales. That could re-open the Chinese market to Nvidia—if the Chinese government allows its local companies to buy the chips. Chances of that are good. The H200s are for training AI models, and the Chinese government... Read more ›
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Instacart said Monday it would make its app available through ChatGPT Monday, including the ability for shoppers to make purchases through OpenAI’s Instant Checkout feature. The payment feature is powered by Stripe, the companies said, although consumers will be able to pay for purchases with ... Read more ›
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09.05.2026 05:46
Last update: 05:35 EDT.
News rating updated: 12:41.
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