President Trump unveils a $92+ billion investment in cutting-edge AI and energy initiatives, praised as 'historic' by major firms like Blackstone, Google, FirstEnergy, Westinghouse, and CoreWeave, with Pennsylvania newspapers hailing it as a 'golden age' for the state.
Detroit emerges as a top artificial intelligence powerhouse, ranking highly in a Brookings Institution survey of metro areas for AI readiness, solidifying its position as a national leader in this cutting-edge field.
In a groundbreaking move, Apple secures a $500 million deal with MP Materials, the sole US-based rare earth mining company, to procure rare earth magnets for iPhones and other products, reducing its dependence on China for these critical minerals.
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.
AI-powered impersonation scheme targets diplomats and officials worldwide as someone impersonates Secretary of State Marco Rubio using AI to contact foreign ministers, and a Russia-linked cyber actor poses as a fictitious State Department official to target think tanks, activists, and former officials.
TikTok unveils new M2 app to replace existing platform on September 5th, while Oracle and other non-Chinese investors near deal to acquire TikTok from ByteDance, potentially resolving US ban.
The US government initiates an 'AI Manhattan Project' consolidating private sector resources and investing a fraction of GDP, aiming for a 2e29 FLOP training run by 2027, around 500 times larger than the most compute-intensive model to date and 10,000 times larger than GPT-4.
In a bold move shaking up the generative AI landscape, Chinese tech giant Baidu releases its powerful Ernie large language model as open source, sparking debate over potential disruption and China's AI leadership while pressuring closed AI providers like OpenAI.