Trump opposes AI companies paying for copyrighted data used in training models, calling for 'common sense' rules to prevent the U.S. from falling behind China in AI capabilities.
Amid rising U.S.-China tensions and recent layoffs at Amazon Web Services, the tech giant shuts down its AI research lab in Shanghai as part of strategic adjustments and reassessment of operations in China.
Nvidia confronts a $1 billion black market as Chinese distributors illegally sell prohibited AI chips including B200 models to bypass Trump-era export restrictions, while CEO Jensen Huang announces breakthrough agreement allowing resumed H20 chip sales to China.
Trump's AI Action Plan seeks to curb chip exports to China in a bid to maintain US AI dominance, but lacks coordination with allies and companies on implementation details.
Breaking news: President Trump reverses stance, greenlights Nvidia's $4 trillion chip sales to China after CEO Jensen Huang's persuasive talks, abandoning previous plans to break up the market-dominant tech giant.
Anthropic CEO Dario Amodei discloses plans to pursue investments from Gulf states like UAE and Qatar, acknowledging ethical concerns about enriching 'dictators' but citing the need for massive capital to stay at the forefront of AI development.
Blackstone abandons plans to invest in TikTok's US operations as uncertainty mounts over the video-sharing app's future, with ByteDance exploring options like selling or restructuring its US business amid delays in securing a deal.
Nvidia and AMD restart AI chip sales to China as part of the recent US-China trade deal, with Nvidia receiving assurances from the US government and AMD expecting licenses for its chip exports.
Nvidia announces a new AI chip tailored for the Chinese market, the Blackwell RTX Pro 6000 processor, set for release as early as September, modified to comply with U.S. export restrictions by omitting advanced features like high-bandwidth memory and NVLink interface.
Nvidia's stock skyrockets, propelling the company's market capitalization beyond an unprecedented $4 trillion mark, fueled by the surging demand for its AI-accelerating hardware amidst the generative AI frenzy sweeping the tech industry, despite geopolitical headwinds and restrictions on chip sales to China.