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.
Escalating trade tensions as the European Union extends suspension of tariffs on US goods until August, while US President Trump announces 30% tariffs on EU imports starting August 1, prompting the EU to warn of further countermeasures.
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.
Disinformation distorts public perceptions of candidates and key issues like the economy, immigration, and crime during the heated 2024 election campaign as false claims spread rapidly on social media and infiltrate mainstream media coverage, according to polling data.
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.