OpenAI seeks a $30 billion funding round at a $1.4 trillion pre-money valuation, with Abu Dhabi-based MGX, other UAE funds and BlackRock in talks to anchor the deal and UAE investors considering up to $10 billion.
Independent researchers report a Chinese AI agent fleet running on Tencent infrastructure that queries Alibaba’s Amap for directions to entrances at public sites, including a park, zoo and hospital, in an apparent effort to bypass API rules.
Federal prosecutors arrest California businessman Greg Lui, owner of Earthmade Computer Inc., for allegedly sending roughly $300 million in Nvidia AI-chip servers to China from 2023 to 2024 without required U.S. export licenses.
Amazon launches its $1 billion, five-year Built Together plan for data-center host communities as AWS CEO Matt Garman warns state moratoriums could damage U.S. AI competitiveness for generations, funding free community college and training for electricians, HVAC specialists, fiber opticians and IT workers.
China is considering approving Nvidia RTX Pro 5500 chip imports for Alibaba and ByteDance, with ByteDance prepared to order 1 million units—potentially reopening millions of sales previously restricted by Beijing.
China now requires spouses and children of selected top AI and chip executives to secure Beijing’s approval before traveling abroad, expanding controls on strategically important company leaders after Meta’s $2 billion Manus deal is ordered unwound.
Nvidia CEO Jensen Huang says AI model distillation is legitimate competition rather than theft, breaking with Treasury Secretary Scott Bessent’s threat of sanctions as Anthropic accuses Alibaba and DeepSeek of illicitly extracting U.S. model capabilities.
ChangXin Memory Technologies says its 11.95nm fifth-generation DRAM has entered mass production, claiming parity with Samsung and Micron’s leading nodes while using four-exposure patterning under U.S. export controls.
OpenAI’s Sam Altman and Anthropic’s Dario Amodei are set to address the U.N. Security Council on AI as President Donald Trump urges the U.N. to encourage AI expansion despite their calls to slow development of the most advanced models.
Alibaba unveils its T-Head-designed Zhenwu V900 AI accelerator, claiming it is China’s most powerful chip and can be clustered in systems of up to 500,000 units to train frontier models in a challenge to Nvidia.