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Trump’s AI chip deal ‘creates new category of corporate risk’
U.S. President Donald Trump’s deal with Nvidia to give the U.S. government a cut of the firm’s sales in exchange for resuming exports of banned AI chips to China has overturned decades of U.S. national security policy and created an entirely new category of corporate risk, Reuters reports. The move has attracted bipartisan criticism, with…
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Nvidia and AMD to pay 15% of China chip sales to U.S.
Nvidia and AMD are to give the U.S. government 15% of the revenues from chip sales in China as part of an “unprecedented” arrangement with the Trump administration to obtain export licences for the semiconductors. The U.S. had previously banned the sale of powerful chips used in areas like AI to China under export controls…
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Trump’s AI chip deal ‘creates new category of corporate risk’
U.S. President Donald Trump’s deal with Nvidia to give the U.S. government a cut of the firm’s sales in exchange for resuming exports of banned AI chips to China has overturned decades of U.S. national security policy and created an entirely new category of corporate risk, Reuters reports. The move has attracted bipartisan criticism, with…
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Tesla ends Dojo supercomputer program
Tesla is disbanding its Dojo supercomputer team and shifting to external technology partners including Nvidia and Advanced Micro Devices for compute and Samsung for chip manufacturing. Program lead Peter Bannon will depart, and remaining staff are being reassigned. The move comes amid wider executive exits and the emergence of spinoff DensityAI. Elon Musk confirmed Tesla’s…
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OpenAI unveils GPT-5 model
OpenAI on Thursday launched GPT-5, an upgraded version of the AI model behind ChatGPT that the company claims is significantly faster and more capable than its predecessor. OpenAI said that the technology “feels more human” than previous models and that it allowed even novices to build simple software apps from short text prompts. As part…
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Google to restrict power use for AI data centers amid concerns over strain on grid
Google has entered into agreements with two U.S. electric utilities to reduce power consumption at its AI data centers during peak demand periods, addressing concerns over energy shortages. The initiative marks Google’s first formal participation in demand-response programs, which are typically used by energy-intensive industries to manage electricity loads more efficiently. The company said that…