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.
Tesla's automotive revenue drops 16% as sales slump, Elon Musk warns of 'rough quarters' ahead due to tariff costs and tax credit expiration, while robotaxi service kicks off in Austin with broader rollout planned by year-end.
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.
Delve, an AI startup, secures $32 million in Series A funding led by Insight Partners to develop AI agents that automate compliance tasks, streamlining operations and enabling faster certification for companies across various compliance frameworks.
MIT dropouts' AI startup Delve raises $32M at $300M valuation for automating regulatory compliance using AI agents integrated with customers' tools, attracting Fortune 500 CISOs' investment.
AI revolutionizes the nation, catalyzing a renaissance with soaring economic growth, streamlined public services, and a commitment of £14 billion and 13,250 jobs from private tech firms, fueled by the government's AI Action Plan.
In a groundbreaking move, the University of Michigan Law School mandates applicants to submit an essay detailing their current and anticipated use of generative AI tools during law studies, assessing their responsible and effective utilization of emerging technologies.
Artificial intelligence's soaring energy needs from data centers are straining power grids, prompting utilities to rapidly build new gas and nuclear plants while regulators grapple with questions over subsidies and generation pathways to meet AI's insatiable electricity appetite.
Colorado and Illinois pass laws regulating AI in workplaces, prohibiting discrimination and mandating notice, as federal agencies apply existing laws and lawsuits mount over AI hiring tools, with over 30 states forming AI committees and California and New York expected to legislate in 2025.