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.
AI's skyrocketing electricity demand, projected to more than double by 2030, fuels both opportunities to cut costs, enhance competitiveness, reduce emissions through energy sector innovation, and the urgent need for countries to invest in power generation, grids, data center efficiency, and cross-industry collaboration.
Meta CEO Mark Zuckerberg announces hundreds of billions in AI infrastructure investment, launching Superintelligence Labs and massive hiring spree while planning Prometheus supercluster for 2026 alongside additional multi-gigawatt facilities including Hyperion, plus a $14 billion Scale AI investment.
Xiaomi launches AI glasses in China, capitalizing on its ecosystem to offer hands-free capabilities for photography, videography, and office tasks, with early adopters praising their utility while anticipating future enhancements.
Mark Zuckerberg spearheads Meta's pursuit of superintelligence, aggressively recruiting elite AI talent with lucrative offers and constructing massive GPU clusters dubbed 'Tents' to exponentially scale training capabilities.
OpenAI acquires Jony Ive's io Products for $6.5 billion, merging AI with hardware design as Ive and his firm LoveFrom take on creative roles to integrate ChatGPT tech into new devices.
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.
The new Raspberry Pi 5 offers a triple speed boost with a 2.4GHz quad-core Arm Cortex A76 processor, up to 16GB RAM, and PCIe support for M.2 SSD, along with accessories like a case with fan, 27W USB-C power supply, and active cooler.
Meta, Facebook's parent company, acquires a minority stake worth around $3.51 billion in EssilorLuxottica, the maker of Ray-Ban sunglasses, signaling its ambitions to expand into wearable technology and AI-powered devices, with shares of EssilorLuxottica surging 6%.