U.S. Charges Two Chinese Nationals for Illegal Shipment of Nvidia AI Chips to China
Two Chinese nationals in California, Chuan Geng and Shiwei Yang, both 28, have been arrested and charged with illegally exporting tens of millions of dollars’ worth of artificial intelligence chips,…
Apple Open to Acquisitions to Strengthen Its Position in the AI Race
Apple CEO Tim Cook announced during the company’s latest earnings call that Apple is “significantly” increasing its investment in artificial intelligence technologies. He emphasized that AI will be embedded across…
Tesla Grants Musk $29 Billion in Shares Amid Uncertainty Over Previous Pay Package
Tesla’s board has granted CEO Elon Musk an interim compensation package worth approximately $29 billion, consisting of 96 million shares, according to a filing released Monday. The shares will vest…
Apple Plans to ‘Significantly’ Increase AI Investments, Says Tim Cook
Apple signaled a stronger commitment to artificial intelligence during its Q3 2025 earnings call, with CEO Tim Cook emphasizing the company’s belief in AI as a transformative technology. “We see…
Nvidia Poised to Regain Partial Access to China but Faces Declining AI Chip Market Share
Nvidia’s H20 AI chips are expected to re-enter the Chinese market following assurances from the Trump administration last month, which allowed a resumption of exports after an effective ban in…
Meta and Microsoft Surge on Robust Earnings Amid AI Spending Boom
Shares of Meta rose 11%, while Microsoft’s stock climbed 4% on Thursday following better-than-expected quarterly earnings that beat both revenue and profit forecasts. Both companies have been heavily investing in…
Microsoft Ends Practice of Naming Competitors in Regulatory Filings
Microsoft has ended a decades-long practice of explicitly naming its rivals in regulatory filings. Its latest annual report, released Wednesday, contains no mentions of longtime competitors such as Apple or…
Tesla Stops Accepting Orders for Model S and X in Europe
Tesla has quietly stopped accepting new orders for its Model S and Model X luxury electric vehicles across Europe. After reviewing Tesla’s European websites—including Italy, Germany, France, Spain, and Croatia—it…
OpenAI Leads One of Europe’s Largest Data Centers Featuring 100,000 Nvidia Chips
OpenAI announced Thursday that it is launching its first AI data center project in Europe, branded as Stargate, located in Norway. The initiative marks a significant expansion of OpenAI’s global…
Nvidia Denies ‘Backdoor’ Claims in China-Bound H20 AI Chips Amid Beijing Security Concerns
Nvidia has firmly denied that its chips contain any “backdoors” enabling unauthorized access or control, following a meeting between its officials and Chinese regulators over concerns related to its H20…
Meta Plans to Invest Up to $72 Billion in AI Infrastructure in 2025 Amid Compute Arms Race
Meta announced in its second-quarter earnings report that it plans to more than double its spending on AI infrastructure, including data centers and servers. The company expects its 2025 capital…
SpaceX Hit with Two New Lawsuits Alleging Retaliation Over Safety Concerns
Robert Markert, a longtime supervisor at SpaceX, claims he warned leadership that part of the rocket fairing recovery process posed serious safety risks that could cause injury or death. According…
