The Biden administration had restricted advanced AI chip exports to prevent technology from reaching China. Now the Trump administration is approving $1 billion in Nvidia chips to Gulf state-backed companies with security conditions.
Nvidia’s better-than-expected earnings have ignited a global tech stock rally, with shares rising over 5% after hours. The chipmaker reported $57 billion in revenue, beating estimates and calming investor nerves about AI valuations. Asian markets and US futures all pointed higher following the resul
The cybersecurity giant is paying nearly 21 times Chronosphere’s annual recurring revenue in an all-cash and equity deal. Meanwhile, Palo Alto raised its full-year revenue and profit forecasts as cybersecurity spending remains strong.
The Trump administration is preparing an executive order that would effectively stop states from regulating artificial intelligence. This includes creating an “AI Litigation Task Force” at the Justice Department to challenge state-level AI rules. The move reignites the debate over states’ rights ver
Despite massive AI adoption, a KPMG survey reveals only 2% of Canadian businesses are seeing returns on their AI investments. The study involved 753 business leaders across Canada, with most companies still in experimental phases. Large enterprises with over $1 billion revenue are the only ones repo
Google is testing an AI-powered search tool called Scholar Labs that answers detailed research questions. The experimental feature forgoes traditional metrics like citation counts and journal impact factors, raising questions about how scientists will vet results.
Researchers have successfully used CRISPR gene editing to enhance a naturally meat-like fungus, making it more nutritious and environmentally friendly. The modified strain requires significantly less land and water than chicken farming while reducing greenhouse gas emissions by up to 60%. This break
Memory prices are set to potentially double by mid-2026 as chipmakers pivot production to advanced AI components. The shift is creating critical shortages in mature chips like LPDDR4, with prices already up 50% this year. Analysts warn this will significantly increase costs for consumer devices.
The New York Democrat sounded the alarm at a House hearing on Tuesday, comparing potential AI market collapse to the 2008 financial crisis. She argued against any federal bailouts for AI companies while everyday Americans face healthcare and food assistance cuts.
TikTok is rolling out new controls that let users manage how much AI-generated content they see. The platform will also add invisible watermarks to AI content to improve detection. Both features are launching over the coming weeks.
