Zhipu AI surges 13% in its Hong Kong trading debut, becoming the first major Chinese AI company to go public with a $558 million IPO as the Beijing-based OpenAI rival plans to invest 70% of proceeds into developing general-purpose AI models.
Baidu files for Hong Kong IPO of AI chip subsidiary Kunlunxin, which has transformed into a major third-party seller with projected revenue exceeding $500 million as China accelerates semiconductor independence efforts amid U.S. restrictions.
A massive $1.5 trillion AI investment bubble artificially inflates the US economy while experts warn that hallucinating, biased AI systems risk creating a dangerous Silicon Valley-controlled pseudo-reality lacking proper regulation.
Chinese AI chipmaker MetaX Integrated Circuits explodes 700% on Shanghai debut, closing at 829 yuan after raising $600 million as Beijing accelerates semiconductor independence amid escalating US tech export restrictions.
Trump signs executive order targeting state AI laws through legal challenges and federal grant conditions, prompting California and New York officials to vow court battles as experts predict extensive federal-state litigation over AI regulation authority.
Taiwan opens its largest AI supercomputing data center in Tainan equipped with Nvidia's cutting-edge Blackwell chips, marking a bold push for technological independence with plans to expand capacity sixfold by 2028 through a partnership with Japan's NTT.
TIME crowns AI Architects as 2025 Person of the Year as Jensen Huang's Nvidia reaches $5 trillion valuation, Trump launches $500 billion Stargate initiative, and Chinese breakthrough DeepSeek intensifies global AI race while ChatGPT hits 800 million weekly users amid growing concerns over mental health and job displacement.
Trump signs executive order allowing Pentagon to use 'Department of War' as secondary title, claiming stronger military readiness while directing officials to explore permanent name change from current Defense Department designation.
DOJ arrests two men for smuggling over $50 million worth of Nvidia AI chips to China through sophisticated networks, just as Trump announces plans to lift export restrictions while demanding a 25% government cut from future sales.
The US Commerce Department prepares to authorize Nvidia H200 AI chip exports to China, dramatically reversing previous restrictions on advanced processors, though Beijing may reject the offering as it shifts toward domestic AI hardware development.