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.
In a bid to boost US dominance in artificial intelligence, President Trump unveils an 'AI Action Plan' that seeks to cut environmental regulations for faster construction of AI supercomputers and data centers while promoting 'American values' to counter perceived liberal bias in AI systems.
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.
Microsoft unveils initiatives to enhance multilingual language models across Europe, addressing underrepresentation of European languages in web data used for training, offering grants, cloud resources, and engineering support to improve LLM performance for non-English languages.
Nigeria pivots to advanced tech jobs like cybersecurity and AI, targeting 3 million digital workers by 2027 amid industry shifts from tech layoffs, the rise of AI, and U.S. immigration restrictions.
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.
AI search startup Perplexity partners with telecom giant Bharti Airtel to offer free $200 Pro subscriptions to 360 million users in India, where downloads have surged 600% year-over-year as the company aggressively expands into its largest market by user count.
Chile leads a groundbreaking initiative, Latam-GPT, a multilingual AI model trained on over 8 terabytes of data from 30 Latin American and Caribbean institutions, embracing regional diversity by including Indigenous languages and dialect variants.